nostr:npub19kv88vjm7tw6v9qksn2y6h4hdt6e79nh3zjcud36k9n3lmlwsleqwte2qd: In the future you will be able to connect your Zeus wallet directly to use it in other apps through NWC.
EK: NWC was simpler to integrate than other standards and not limited to a single implementation.
Final panel on Main Stage at nostr:npub1dwah6u025f2yy9dgwlsndntlfy85vf0t2eze5rdg2mxg99k4mucqxz7c52 Lightning++ Edition: nostr:npub1q5sah9f3p9kl7uqdeaqskqwmg74ktxx70e0093dzh4lpzcp3t0mqzxky65 of nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm moderates the panel "Unlocking Bitcoin Payments with Open Standards like Nostr Wallet Connect" with nostr:npub19kv88vjm7tw6v9qksn2y6h4hdt6e79nh3zjcud36k9n3lmlwsleqwte2qd of nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 and EK of nostr:npub1jfujw6llhq7wuvu5detycdsq5v5yqf56sgrdq8wlgrryx2a2p09svwm0gx.
nostr:npub19kv88vjm7tw6v9qksn2y6h4hdt6e79nh3zjcud36k9n3lmlwsleqwte2qd: In the future you will be able to connect your Zeus wallet directly to use it in other apps through NWC.
Final panel on Main Stage at nostr:npub1dwah6u025f2yy9dgwlsndntlfy85vf0t2eze5rdg2mxg99k4mucqxz7c52 Lightning++ Edition: nostr:npub1q5sah9f3p9kl7uqdeaqskqwmg74ktxx70e0093dzh4lpzcp3t0mqzxky65 of nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm moderates the panel "Unlocking Bitcoin Payments with Open Standards like Nostr Wallet Connect" with nostr:npub19kv88vjm7tw6v9qksn2y6h4hdt6e79nh3zjcud36k9n3lmlwsleqwte2qd of nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 and EK of nostr:npub1jfujw6llhq7wuvu5detycdsq5v5yqf56sgrdq8wlgrryx2a2p09svwm0gx.
Higher liquidity monetization depend on the number of transactions on the node, more than the liquidity available.
These heuristics are used to perform some automations:
- Replenish liquidity
- Set fees
- Close unproductive outbound channels
- Harvest UTXOs
Source/sink classification: clustering channels according to public data to decide how to adjust feerate towards a certain channel.
Flux is a velocity measure: net payment flow over a channel per unit of time, at a specifi feerate.
Last talk of the day on Main Stage at nostr:npub1dwah6u025f2yy9dgwlsndntlfy85vf0t2eze5rdg2mxg99k4mucqxz7c52 Lightning++ Edition: Tyler Wood of Block with "Running the Block Lightining Node".
Node brain: an automation layer for managing liquidity and operations on the block Lightning node.
Last talk of the day on Main Stage at nostr:npub1dwah6u025f2yy9dgwlsndntlfy85vf0t2eze5rdg2mxg99k4mucqxz7c52 Lightning++ Edition: Tyler Wood of Block with "Running the Block Lightining Node".
Possible improvements:
- More Spark Entities with better privacy policies
- BOLT12 and BIP353 support
- Improve SSP scaling
- Improve engagement with open-source dev community
- Public proof of no forking happening
Also, it could tend to centralization (imagine LightSpark being the only operator) and lacks privacy, since all tx data is public.
Spark's trust model comes with some disadvantages, though.
Rogue employer could change the code to steal funds. Moreover, it is more susceptible to government interventions.
It has some advantages over LN, such as better handling of small balances and dependable offline receive. Moreover, it has a better business momentum with respect to Ark, as of today.
Spark is no KYC, allows for unilateral exit, which makes it a better trust model with respect to custodial solutions.
Fees can come from 4 different sources:
- Wallet fees (possibly)
- Spark operator fee
- SSP fees
- Standard LN routing fees
Spark's server code is open-source with MIT licence, as of today. However, its SSP it's not.
It is built on Lightning, in a similar way as other layers have done, like Cashu and Ark.
Spark has good trade-offs and is gaining momentum in the latest times.
Next on Main Stage at nostr:npub1dwah6u025f2yy9dgwlsndntlfy85vf0t2eze5rdg2mxg99k4mucqxz7c52 Lightning++ Edition: Steve Lee of Spiral with "Lightning Sparks".
Spark can support Bitcoin payments, but it can also issue tokens and financial applications. But Spiral's focus was on payment only.
Next on Main Stage at nostr:npub1dwah6u025f2yy9dgwlsndntlfy85vf0t2eze5rdg2mxg99k4mucqxz7c52 Lightning++ Edition: Steve Lee of Spiral with "Lightning Sparks".