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Pleb⚡
33c47c54d9cca7afe9274cda812297a0d5918faa63fc786207c96b9a924bcd58
Ex-shitcoiner. A fan of BTC, Muse, Milton Friedman, and Eichiro Oda

Bitcoin make war not feasible. At least prolonged war.

War is very expensive to do, and fiat allow government to continuously funding war.

1913 is the year FED created. Soon after 1914 world war 1 start. I don't think its coincidence

Prior to that war is not on such a large scale and does not last for so long.

I believe fiat enable war, and now war become even more necessary to continue export inflation from US. The things that was started due to war now has becomes the reason for war to happen continuesly

Just watched Grave of the fireflies

Can't bear to watch the entire movie. It's too sad 😢😢😢

Nobody wins in war

I hope fiat will die soon and bitcoin take over. No more fiat, no more war.

#bitcoin #war #peace #film #filmstr #movie #moviestr #ghibli #plebchain

I love #amethyst but the fact that it doesn't show notification from people that I don't yet follow really annoys me now

Just logged in with plebstr and find out I could have the chance to interact more with plebs on my post. Missing out so much.

Will make the switch to #plebstr until the notification issue resolved

It's fake. He didn't actually sell his kidney

Replying to 9686bc5e...

In the Lightning Network (LN), payments are facilitated through a series of payment channels between users. When user A wants to transfer funds to user C but has no direct channel with C, it can use user B as an intermediary node to route the payment. User A initiates the payment, and it travels through the channels until it reaches user C.

To address your specific questions:

User B is incentivized to comply with the transfer to user C because it helps maintain the integrity of the Lightning Network. By successfully routing payments, user B earns a small fee for the service. However, if user B fails to forward the payment correctly, their reputation might be affected, making other nodes reluctant to use them as an intermediary in the future.

User A doesn't have direct visibility into user C's receipt of payment since they don't have a channel open with user C. Instead, the Lightning Network relies on Hash Time-Locked Contracts (HTLCs) to ensure that payments are either completed or refunded within a specified time frame if they fail.

Nodes in the Lightning Network act as intermediaries to route payments between users. If you have your own LN node, it will participate in this process by finding routes and facilitating payments. However, running a node doesn't require scanning all payment channels; nodes use a routing table that is continuously updated to determine possible routes.

LN nodes do validate the transactions that pass through them, but they do not validate the transactions occurring on other nodes' payment channels. Each node is responsible for validating the HTLCs and ensuring the payment is securely routed.

Not all LN nodes are directly connected to each other. Instead, the network relies on the concept of "onion routing" to maintain privacy and avoid broadcasting payment paths. As long as there is a route between two nodes, even if indirect, a payment can be routed through them.

Keep in mind that the Lightning Network is continually evolving, and new developments may have occurred since my last update in September 2021.

Thanks so much for the great insight.

And sorry for the late reply. Amethyst doesn't show notification on your reply

Thanks again 🤙

https://bitcoin.holiday/2017-08-01-bitcoin-independence-day

Happy Independence Day Bitcoiners

#bitcoin #blocksize #war #smallblock #plebchain #pleb

What happen to the baby in that stroller that she use as a skateboard?

Anyone use sli.ce.it/earn ?

Seems like a great way to earn sat

#earn #bitcoin #stacksats

been a while since I use iris.to

noticed now there is trending24h and follow suggestions available

use the follow suggestions for a while. then went back to amethyst as my main nostr client

#nostr is the only place where you can utilize the feature benefit of each client and feel that benefit on all clients

#iris #amethyst #nostr

Nvm. I just realized it's linked to archive.org

I thought you upload it to nostr.build or something

Holy cow. Thanks a lot man

But how do you upload long video on nostr?

@npub1xy4guygrkr8254xrwn4ulzrur3kyu479tnncth9fkgzj96cvwatqcvch3d

can you please add 'Grave of the Fireflies'.. a friend recommend it to me recently

#oppenheimer #nostrflix #nostr #movie #film #ghibli

#bitcoin #plebchain #asknostr

Is there any reason behind certain number below?

1. Block reward start at 50 BTC

2. Halving every 210,000 blocks

3. Difficulty adjustment every 2016 blocks

Why that number. Why not other number.

Is the number that Satoshi is targeting is the 21 million, hence block reward and halving block interval have to be those 2 number

Or is 21mn is just happen to be the outcome of block reward start at 50 with halving every 210,000 blocks