Nostr Web Client

I'll take that as a complement

Replying to

I meant to tag #[6] who explained it here, but the Nostr client I was using has a bug and posted your npub instead of his.

#[10]

I have been trying out a few different nostr clients. What is considered to be the most stable to avoid bugs?

Replying to

You're saying bitcoin doesn't scale, and that's not accurate. Bitcoin is scaling just fine. Lightning is not centralized. There are thousands of individual nodes running the protocol worldwide.

What you may be confused by is that there ARE centralized custodial wallets like #[5] and #[6] that facilitate transactions for the user. What they do is provide easy onboarding and instant liquidity to users so they don't have to spin up their own nodes to make payments. However, they are not the entire Lightning Network, just participants on the network providing a valuable service to thier users.

Anyone with the desire to do so can run their own node fairly inexpensively and avoid using custodial Lightning if they choose to.

OK, thanks for the clarification. But seems to me that the bitcoin network is very slow (blocks every 10 minutes from what I understand). Seems to me that if there was a lot more adoption the network would not be able to handle all the potential traffic without things like subnets, or sharding or other scaling tech that is being used by various other L1's like Solana for example. I am not saying that the other L1's don't have other problems. There are always tradeoffs. Just that they are using other approaches which might be considered.

Enough propaganda

Replying to

The Callnote

Well, if you couldn’t grasp the concept of , it’s not a platform then I’m sure it’s going to take a while to wrap your head around the rest of your uncertainties. , blessings on your endevour , Peace!

Talk about passive aggressive

Replying to

Hey #[8] #[9]

I tried THREE TIMES to copy the npub from #[6] and each time it pasted the wrong address for #[2] and even pasted a note ID twice instead of the npub.

I can’t use your app to have a conversation.

Please fix.

Who are you talking to? What app are you referring to?

Replying to

You said ETH has a monetary policy just like bitcoin, but they are completely different in every way.

If what you meant was that both have their own unique policy, then yes, that’s true.

However bitcoin has a policy that is completely transparent and understood by its participants and can’t be changed without overwhelming consensus from the users.

ETH’s policy is whatever they say it is on any given day.

I am a user. How do I participate in consensus?

Replying to

You said ETH has a monetary policy just like bitcoin, but they are completely different in every way.

If what you meant was that both have their own unique policy, then yes, that’s true.

However bitcoin has a policy that is completely transparent and understood by its participants and can’t be changed without overwhelming consensus from the users.

ETH’s policy is whatever they say it is on any given day.

You misunderstood what I meant. Just because bitcoin has a monetary policy doesn't mean it is perfect. I said that there are alternatives. None of them are perfect. I also pointed out that bitcoin lacks governance, and I posted a medium article which explains this in more detail.

Replying to

A bitcoin node that runs the Lightning Network protocol creares timelocked multisig transactions called channels using bitcoin to enable very low or even no-fee forwarding of payments between peers. The transactions have immediate final settlement, can be withdrawn and spent, and when the channel is closed, the transaction is broadcasted to the bitcoin blockchain. There is no token used other than satoshis, the smallest units of bitcoin.

Thanks

Replying to

Meyer

Sure eth has a monetary policy that is dictated by a small group of large stakeholders (vitalik, lubin, eth foundation and SV VCs) and has changed multiple times

I agree. I never said that eth was perfect. Neither is bitcoin. You are missing the point that I am trying to make. I am just saying that there are other alternatives. Each one has advantages and disadvantages. https://medium.com/cyber-capital/the-six-principles-of-blockchain-governance-33c9b605adbb

Replying to

Since when does ETH have incorruptible monetary policy?

I'm sorry, ETH ain't money. It's a premined shitcoin where a small group decides the monetary policy for the near future - similar to FED.

Neither are money according to the definition

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You said Lightning isn’t bitcoin.

You said nobody uses the Lightning Network.

You asked what nodes even have to do with Lightning.

You claimed ETH and BTC have the same monetary policy.

I don’t even know where to start.

Where did I say that eth and btc have the same monetary policy. You made that up. I said that eth was deflationary. Neither are perfect

Replying to

It sounds more like you came to pick a fight instead of to engage in a discussion.

You made a factually incorrect argument, and when challenged you claimed incivility.

Not true. Please explain

Replying to

Since when does ETH have incorruptible monetary policy?

I'm sorry, ETH ain't money. It's a premined shitcoin where a small group decides the monetary policy for the near future - similar to FED.

That is false. Bitcoin's monetary policy is not incorruptable since it does not have coherent governance: https://medium.com/cyber-capital/the-six-principles-of-blockchain-governance-33c9b605adbb

Replying to

Since when does ETH have incorruptible monetary policy?

I'm sorry, ETH ain't money. It's a premined shitcoin where a small group decides the monetary policy for the near future - similar to FED.

This is what I mean about not being able to have a civil discussion with bitcoin maxis. Eth has a monetary policy just like bitcoin.

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Maybe remove the GetAlby Lightning address from your bio, since nobody uses it.

I am just trying to have a civil discussion here. But that seems to be difficult.

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If Lightning isn’t #bitcoin then what the heck is all this bitcoin doing on our nodes?

What do bitcoin nodes have to do with lightning? I am just trying to understand how this works.

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To open a channel on the #LightningNetwork, one has to create a smart contract on the #Bitcoin chain.

#LN is Bitcoin.

Thanks for explaining. My understanding was that bitcoin does not support smart contracts. At least ones that are turing complete like solidity. What is the purpose of blockstacks? I would like to understand bitcoin better.

Replying to

corndalorian

Still waiting for you to be honest…

What did I say that was not honest?

Replying to

jack

What about TruthGPT? nostr:note1sdlwvndp6kpfps5z4kcj0acmathkxyk0vpxfsxsy3yrpsvvzfa6qxteh7h