One of my projects was featured on SNL this week. It was a good week!
✅ nostr:nprofile1qqspuutgw44ueu3snj34vcwsdw4khngyfppq4v6f427a4tczw34329gpzpmhxue69uhkummnw3ezumt0d5hslg8q33 is calling it federation.
Yeah but he probably shouldn't
Having multiple people run the backend independently is a good way of distributing risk but it's not right to call that a federation
They don't "co own" a single robosats "address" like a federation would. They are all independent
Would be interesting if they all ran a fed instance though and custodied all the bitcoins there, then they could truly call it a federation
But I think I prefer the current model
It doesn't sound *that* hard to replace. I think fee credits are just a service agreement where Acinq holds custody of your sats until you accumulate enough to do a base layer transaction to open a new channel or enlarge an existing one. You could probably use ecash mints as a drop-in replacement: accumulate sats on an ecash mint until the user has enough to open or enlarge a channel, then do so.
He also informed me that this exists: https://news.bitcoin.com/ciphertrace-enhanced-monero-tracing-capabilities-governments/
So when people ask me "Then why does chainalysis have an LN risk assessment tool?" I can answer "For the same reason ciphertrace has one for monero: because exchanges will pay for it even if it doesn't work well"
Am I going crazy nostr:nprofile1qqszrqlfgavys8g0zf8mmy79dn92ghn723wwawx49py0nqjn7jtmjagpz4mhxue69uhkummnw3ezummcw3ezuer9wchszyrhwden5te0dehhxarj9ekk7mf0qy88wumn8ghj7mn0wvhxcmmv9uynmh4h or were you recently offering an NWC workshop video? Did it happen? Did I miss it?
I offer a nostr workshop where you build your own nostr client. It includes a segment where you configure your new self-made client to send/receive money using NWC and zaps. The workshop was recorded and you can purchase a copy here: https://supertestnet.org/workshops.html?option=nostr
A very sweet XMR user held an intervention today and met me in real life to persuade me that my arguments against monero are "not in good faith." He did not. But he did convince me that this would be very good: a tool as easy to use as phoenixd but that connects to multiple LSPs.
maybe instead of whining all day about how your competitors "don't count" you could step up your game and build something that competes
If you think I've said something wrong please point out the error. I'm using the term DNM as a standard term for a marketplace hosted on tor et. al. That's what robosats is. Just because it's a niche market (a market for money) doesn't make it not a market.
robosats shows us the way
let's make more stuff like robosats and obsolete the government's fakenet
True. I will try to remember to call out this incorrect nomenclature in the future
instead of having one dude run the backend there are now four people running it and users have to pick which one they want to use in their trades. So the *total* amount of custodied btc is split up among four people, which is a bit like a federation if you squint. They call it the federated model.
this workshop by nostr:npub1yxp7j36cfqws7yj0hkfu2mx25308u4zua6ud22zglxp98ayhh96s8c399s is awesome! You can sign up for workshops or buy past workshops here: https://supertestnet.org/workshops.html
someone took my workshop! :D
New website for tracking robosats stats:
https://supertestnet.github.io/robostats/
I made this because a few months before switching to the federated model whoever was running https://learn.robosats.com/stats/ stopped updating it, and I miss having these stats handy, especially when I'm arguing with monero people about whether there are any lightning-only darknet markets with significant usage. Robosats is probably the best example of that.
The wallet alone can spend from it. It's the wallet's address and no one else's.
> you're claiming there's some determalistic (or even some general probabilist method) that undermines monero privacy?
I'm not claiming that. But I think that's what this privacy expert claims: https://www.youtube.com/watch?v=9s3EbSKDA3o
> so what's your fucking problem?
My problem is that monero people claim it is private while permanently publishing massive amounts of info about each of their transactions -- something lightning fixes, even though a few monero influencers like to ignore that.
> Bitcoin got rid of block explorers?
Yes, we use lightning now. You should try it! Freedom from block explorers, dude! It's an amazing thing
Oh yeah and with monero, every transaction publishes a list including the sender, the recipient, and partial amount info (specifically, the fee paid). It's on every monero block explorer, go take a look.