I got zap splits working with #nostr #safebox.
Fork this message and I will zap you and we will get the splits!
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This is Reply Guy and his friends during Halloween season
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Database tables were a tuple abstraction. Now we have a signed event abstraction which we can build higher order constructions that look like database tables.
The last few days we saw a new level of cyber warfare: kick the adversary out of the cyber realm completely.
What we witnessed as a jaw-dropping attack via a supply chain makes you wonder if you can trust any factory manufactured electronic device.
Entropy. The book.
Zap split test
"We can't entrust our primary communications network to a handful of corruptible humans. And now we don't have to."
I had the pleasure to work with Reason on this Nostr explainer video this summer
Happy to see it in the wild!
It’s a yield, because I decided to move some of my UTXOs from cold storage to a hot wallet because it can provide a yield (earnings generated from someone willing to pay for the service it enables).
Wondering if we could have a "vouch for" tag?
Something like:
["v", "reason", "
For example, vouching for someone you've met in real life.
["v", "meetup attendee", "03d...f", "722...s"]
Finally, an interesting Bitcoin podcast!
It’s been a while since I’ve seen people argue in Bitcoin but nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak managed to pull Saylor into an interesting conversation about credit and lending in Bitcoin.
Saylor apparently hasn’t fully thought through the implications of 21M and remains wedded to his fiat ideas.
He expects there to be yield on Bitcoin in future, but never says where it will come from in a completely fixed supply money.. “They’ll have to sell their assets to finance themselves!” - yeah no shit Michael!
The only way to generate yield in Bitcoin terms is to mismatch duration - literally run a Ponzi scheme. But Saylor expects that because the US Government will back the banks that this can’t go wrong 🤣🤣
Saif takes nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt line that capital will flow but HODLers will take equity rather than yield. This is the correct logical conclusion.
I’m not saying Saylor is completely wrong - I do see a future where banks will get into this space and lend and pay yield on Bitcoin.
But they WILL blow up. I don’t give a fuck if they’ve got their own nuclear arsenal let alone the full faith and credit of the US Government behind them, they WILL get out over their skis and they WILL be unable to fulfill their obligations at some point because they WILL greedily try to rehypothecate it in the meantime and no Government will be able to save them.
Saif and Allen both know the economy doesn’t require interest to function, that the world won’t grind to a halt without it - people will still spend money. Saylor just isn’t ready to let go of his statism (as evidenced earlier in the conversation) because he’s become accustomed to Billionaire privileges.
This is why I love #Bitcoin. You can be the CEO of the most successful public company of the past 4 years, all thanks to Bitcoin, and you will still be totally humbled by it unless you fully embrace the system as it is because it won’t be changing for your fiat games!
Nik Bhatia has an interesting concept of Lightning Reference Rate, the return required to deploy BTC into the Lightning Network
GM from the npug
Relay in Lithuania
Mint in Singapore
Code is open source
Private key is self-generated on my device.
This is #nostr #safebox
Twitter is basically a news feed for me now. I have several subject-specific lists that are very useful for me, but the ‘For You’ feed is completely toxic, which I try to avoid.
You can easily prove that your nsec signed your event within the system.
But you only prove that your nsec is controlled by you via a proof that is outside the system.
NOSTR SAFEBOX UPDATE
Lots of great progress on #nostr #safebox this weekend. An installation of a #strfry test relay revealed that I had some incompatibilities that I had to fix (fixed). I also optimized my event read/write routines which were causing timeouts on other relays.
I am testing on random relays around the world, courtesy #nostrwatch. The wallet works like a champ on receiving/paying lightning invoices/address and #cashu tokens (V3 for now, V4 soon!)
Now with my optimized event read/write, I am focusing on storing/retrieving user records, so in addition to a wallet, it can act as a sovereign password manager. I will be adding in additional AES encrytion for those records.
The ultimate goal? A wallet component that lives 'out there', usable by the nsec only. Once ready, I will be plugging into the back end of my lightning wallet service, but also am considering an android lighting wallet app that can access the wallet directly.
Still a few weeks away for a usable release. Stay tuned!
For more info and support, see:
Perception is nine-tenths of the logic. nostr:note1hta7mvfm2kz383cg4s0g9kmdeksytkhxumu4xwujq6lsjjq6neeqmnqqu7
#ecash has always been viewed as a threat, even before #bitcoin 
I’m thinking of reviving this bad boy. 
The only thing that I should be required to 'trust' is that you still have exclusive control over your private key (nsec)
GM