Nostr Web Client

Not following

If you don't have money, ECash can't help you

If you do have money, ECash can't help you

Makes no sense

Replying to

ShiShi21m

I'm starting a chicken feed business, I've had enough of watching good people doing good work get fucked by bad ingredients.

Found it very hard to find soy free feed

Replying to

pailakapo

It seems like your argument here is, you can create a system that is *just as good* and you shouldn't trust those losers, you should *trust me bro*.

If you build a better mousetrap I may use it. But I like the Uncle Jim scenario of cashu more than yours so far.

No, the argument is if you're going to trust someone, keep that trust local, as in uncle Jim... not big and centralized like an ECash mint so you can be moar private

If ECash wants to shill itself as a payment spec and as privacy, that's EDollar spook bullshit- not Uncle Jim tech

You'll have a social page for your lightning node that sells various services and displays your trust network

The lightning graph will start to mirror the social graph

This node persona will casually coordinate channel batches to bring on the next billion nodes for practically free

The math is simple

A batch open of 50 channels runs ~2000 vbytes

144k are mined a day

That's 3M channels a day, or 1 billion a year, enough for every business and household on the planet

Replying to

pailakapo

"ECash is nothing a database account isn't, it's not any more

permission-less, or private, or asynchronous, it's literally a server

authentication scheme. "

If you have a "database account" at a server, and the server is hacked or seized, you have all the transactions listed between all the users of the service. A single point of failure.

If you hack or seize the mint, you cannot see anything like what you could with a database of transactions.

That single point of failure is much more private than a "database account" type SQL logged service.

A database account can just as easily be a random set of numbers, that transacts atomically disassociated from other random numbers, logless, encrypted, and so on

There's no difference except that the database is reliable, performant, and doesn't lie to lull users into a false sense of privacy whilest slipstreaming edollars into the bitcoin ecosystem

You are 100% trusting the operator in both scenarios, and you should never trust an ECasher

Replying to

How are they permissionless if access can be revoked at any given time by the issuer?

A mint can not revoke a token

A mint can simply not redeem a token, based on any number of heuristics

And if you're worried about your account getting nuked maybe you shouldn't be using that custodian

ECash is nothing a database account isn't, it's not any more permission-less, or private, or asynchronous, it's literally a server authentication scheme. Transferring it offline is effectively writing down your password for someone.

... claiming it's more than that is being done intentionally by the central influencer agency to astroturf new banknotes being pushed by the government

Replying to

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ

the government is pushing what?

nostr:nevent1qvzqqqqqqypzqnyqqft6tz9g9pyaqjvp0s4a4tvcfvj6gkke7mddvmj86w68uwe0qythwumn8ghj7un9d3shjtnwdaehgu3wvfskuep0qyghwumn8ghj7mn0wd68ytnvv9hxgtcqyq8ulset925f9ug0m4ypep4dfesxxu9ugx2ehha5wx6j53z5e68gk476m3g

ECash

Replying to

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ

i'm gonna repeat this for the people in the back

i have always cringed at ecash stuff and these were the essence of my doubts about how the system works

come on, this should be obvious since Chaum invented this in 1983, there is critical metadata leaks and the mint is a trusted party and the denominations are correlation

ecash promoters, start addressing this or i will bring this problem up every time i am unfortunate enough to see your nonsense marketing

The government wouldn't be pushing it so hard if it hadn't been backdoored for 30 years

No wonder it's got such a huge marketing budget, central influencer agency working overtime on it

Replying to

A system that is inherently driven by accounts and authentication (like custodial Lightning) can not. That’s the point

Very, very wrong.

ECash is literally a server authentication mechanism for an API for a custodial Lightning app.

Npubs, JWT's, Hashcash... all permissionless random numbers

Replying to

On a protocol level it is, isn’t it? It’s a public API, no questions asked. As there is no concept of a users identity / authentication.

Of course a mint can choose to block certain IPs, user agents etc.

Any API can be public to random numbers, that's not an ECash feature

Replying to

It’s not signatures, it’s blind signatures… but I’ll let you cook. How would a mint do that?

For starters super just yesterday confirmed an implementation wasn't even doing basic mitigation for key tweaking (tainting mints to correlate to user metadata)

Even with that mitigated, your still trusting a server not to use its upper hand to deanonymize you... Better to just use a database you trust directly without the bullshit, can always use ephemeral keys for access

We do this using nostr notes only in lightning.pub

Replying to

It seems you did not look at it at all. Nothing of the above makes any sense.

It is private as the mint doesn’t learn its users balances or transaction history,

It is permissionless as there is no access token, no accounts, no entry barrier

Cashu Token can be transmitted offline. I’ll take this one, as the flow is not completely offline, as either sender or receiver need a connection right now.

Multi-Mint is not multi account. As explained above there are no accounts. Multi Mint means that you can a) split your wallets balance across multiple mints and b) pay single invoices through multiple mints using MPP

Servers can not censor YOUR redemption explicitly as the can not correlate your token to your identity

It’s not, once you understand how it works.

I do understand how it works, apparently you do not and have just accepted the lies told by the spooks pushing it.

I also explicitly compared to databases, which are capable of any of its properties.

The privacy elements are a farce, just because it uses signatures instead of accounts does not prevent the mint from deanonymizing you and targeting your redemption.

Replying to

Idk what you mean

It's not private any more than an ephemeral key

It's not permissionless any more than SQL is

It's not offline, it's literally server credentials

Multi-mint === Multi account

Servers can always censor your redemption

ECash is a total larp, and a digital dollar psyop

Replying to

When I started my LN journey I posted a Lightning Meme on Reddit every day for a few months.

Maybe now is the time for #Cashu memes?

https://vimeo.com/950881613

Except that it's none of those things relative to a good old reliable SQL database with ephemeral key accounts

Replying to

Vitor Pamplona

Paying lightning invoices through Nostr instead of http. 🤯 Good bye DNS.

This doesn't fix the fact legacy lnurl relies on SSL and isn't meant for bi-directional

Lightning.Pub is the nostr successor to LNURL

Replying to

Why should I care what it was an iteration on?

Do Bitcoiners worship Wei Dai? No - he is a footnote that most barely know even exists.

So why should I give AF about GUN nodes whatever the fuck they are?

Did you invent the system of using keypairs to send notes and other stuff over relays? No, you didn’t. That was fiatjaf.

If you were brilliant like you clearly think you are, it would be your name in the history books. It won’t be, because you’re not.

Funny how you are the one to accuse me of projection when this is your spiel.

> why should I care?

So you don't look like a total bozo asking me about onboarding 8BN people

Replying to

I’m using nostr thanks to fiatjaf. He created this protocol.

Not thanks to you Justin. I have no thanks for you. I have thanks for people who don’t go around claiming I should thank them for their amazing uncle Jimness whilst shitting on solutions which don’t work for them but do work for others.

https://lightning.video/.well-known/nostr.json?name=thecto

And what do you suppose it was an iteration on?

You're simply too ignorant to understand how these things work, if ignorance works for you hfsp

Replying to

Nice and Kind Vic

Yo. You may want to fix

To use your pubkey

3316e3696de74d39959127b9d842df57bddc5d1c7af8a04f1bc7aed80b445088

instead of your npub

Fixed

Replying to

Ecash is an option. An option that will suit certain cultures and legal systems, not Americans with their waning superpower who threw it all away to enrich the MIC, Big Pharma, Big Ag and Big Tech; who gives a fuck about that system being flushed down the toilet?

You don’t think we’re scaling to 8 Billion on the base layer do you Justin?

Don’t make me get the pamphlet out again!

> 8BN

That retarded point again? Anyone who even suggests that as a need is in fact retarded

Maybe get a clue who you're talking to, I'm the original Uncle Jim builder for whom you wouldn't be using Nostr without my prior work on GUN nodes

Replying to

I bought it up 17 hours ago when Seth for Monero had another idiotic potshot at ecash:

nostr:note150hzu9hafymqhcmayg9altcm2506cs06m7uce0w5qjylx6r8sy4qfs7czy

You yanks can’t see anything outside of your own lens. We all follow your shit because it has a big impact on our lives but we know you’re not long for maintaining hegemony and others will do things differently based on their laws and culture.

This is what you lack - an ability to conceptualise the world outside of an American context.

If you think I’m shilling for bankers I encourage you to search my npub on nostr.band with 6102 or Saylor or BRICS and see what I’ve posted on this stuff previously.