Lightning can’t send just 1 sat? I thought that was the whole premise of lightning
What is the difference between BOLT 11 and 12 addresses?
Man, the whole “balancing” thing with lightning is so confusing.
It would be cool if there was a lightning app that didn’t hide that functionality, but instead displayed it in a really intuitive manner
I assume you mean aside from doing lots of normal Layer 1 transactions? My understanding is as long as you're willing to pay a lot of fees, you can accomplish this with normal L1 transactions. And the advice is: do this _now_ while fees are relatively now, because when they're permanently sky high your window of opportunity will be closed forever.
This podcast discusses it at length: https://whatismoneypodcast.com/episodes/bitcoin-utxos-101-with-wicked-smart-bitcoin-wim462-4Jya4Iab
Exactly. I just don’t think “fix it while you’re in a bear market!” Is a viable answer
ZEUS v0.9 will have BOLT 12 support for remotely connected Core Lightning nodes using the c-lightning-REST and CLNRest interfaces.
We will also be providing BOLT 12 Lightning addresses in app, for free, courtesy our friends at https://twelve.cash/
More info on BOLT 12 here: https://bolt12.org/
With those usernames, the experience should be much closer to Venmo or Cash App right?
Yeah I’m wondering if there is any research into new ways to fix this problem. Or if the solution is just layer 2
I’m trying to get people to use this for Nostr instead https://webxdc.org
But that’s something that is limited to just chat contexts. In a feed I think it would get chaotic as hell.
They need a Farcaster app that is dead Simple though. Like just Bluesky functionality. Something people understand. Warpcast is everything and the kitchen sink. Unusable imo
Makes sense to me. I’m trying to figure out what the best practice user flows are for regular people then.
Like can we think of lightning channels like bar tabs? Isn’t the cost of opening and closing a channel small enough to be considered “dust” as well?
Idk what you’re referring to, but I’m really NOT looking forward to that.
Farcaster frames are spammy, confusing trash. There is no consistency of user experience there, they just look like pop ups. I honestly think Frames is a big reason why no one uses Farcaster. You open the app and it just looks like spam.
Are there any solutions to Bitcoin dust (unspendable UTXOs)?
There has to be thousands of people that are amassing large amounts of Bitcoin in “small bills”. Is there a solution to this at all? Just don’t spend small amounts of Bitcoin ever?
Has anyone heard or read up on Polycentric protocol?
Similar to Nostr but I think it uses more of a bittorrent thing for sharing posts around. Big inspirations from SSB.
Bitcoin works really well when it’s not bitcoin! I admit that it’s genius
Not to be a hater but what did Jack Mallers actually do? Made a custodial Bitcoin wallet where nobody ever touches the Bitcoin?
He was clearly ahead of his time. E-cashers no doubt think that he is a visionary god 😁
I found gift cards (nostr:npub1j9qyxka5lck4tw50v7qfrs6gdwczz5ydt7ugqy6nhuva9p6dpy5q8rs2yg or nostr:npub1m7r9aayrqjtt2q0whkyrwlys75s5d828c5uewvqwyfd2kxefkfjqgeny2w) very convenient. Filling the tank or some shopping has less friction than going thru a “contract. And no banks involved. Of course not always. I’d like to read more opinions and solutions
It’s certainly better than the alternative (which is nothing).
In terms of gift cards, the more generic, the better. Like a plain visa gift card would be amazing. But Amazon/walmart would be good secondarily. Even then though, you can’t take 20 of that and give it to a friend etc. it’s just limiting.
Putting feelers out there for anyone who might be hiring!
Remote work, preferably as a contractor but open to discussing. I have a ton of background in operations, sales, marketing and business development. I’m not afraid to learn new things and I’d say I operate well in small to mid-sized companies to help them scale. 😊
#asknostr #jobmarket
nostr:npub160t5zfxalddaccdc7xx30sentwa5lrr3rq4rtm38x99ynf8t0vwsvzyjc9
Same! You, me, and ~200k others I would wager 😭
It would definitely make people more frugal / responsible with their money.
Many people consider deflationary currency as having profoundly positive moral effects on the economy writ large. For example, people are more frugal and thus are more prone to “buy it for life”. Companies start competing on who makes the longest lasting product instead of the trendy thing with planned obselesence. Etc
Would Vaporware have issues with this for example? https://x.com/qualys/status/1807693619161133539?s=46
Not sure what you’re talking about, but living life off of gift cards sucks. There’s nothing wrong with using Monero as a means of exchange and then cashing out when you need to.
I don’t think Bitcoin has ever claimed stability. What it has claimed is deflation instead of inflation. Where did they talk about stability?