Easily revoked, seems a pretty powerful and useful tool for self-sovereign usage:
#[1]
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If we had BOLT 12 as we should have ages ago, most of the issues with Zaps would be a moot point as it would be far easier to do things the right way.
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Good info here:
Phoenix? Breez? Blixt? SBW?
Lots of great non-custodial options for Lightning if people can wait for zap receive support and focus on just spending and receiving tips.
At the same time as bringing attention to this massive issue, I'm also contributing to bounties, submitting PRs, and building resources that help people do things the right way.
But both are needed because if no one is vocal about the dangers of custodial wallets being the norm they will continue to be the norm and never be replaced broadly.
Yes, that's a great solution!
Well said and good push back, but I'm sick and tired of people blindly supporting custodial solutions and saying they're fine for small amounts etc.
It's legitimately a scourge that has real harmful effects on people as they come into the space.
I could have been kinder in my approach, but if all of the popular Nostr Users are using and pitching custodial solutions, how do you think people are going to actually even learn about the self-sovereign path?
You already built Nip-47 support?!?
What the heck... š¤Æ
Is there a way to revoke access from pubkeys if your Nostr keys get compromised?
Why not both š
I code/educate where I can and whine where I can't š
Very strongly disagree. This same approach is often the reason for things failing to be done properly at all or making it far more difficult down the line because shortcuts are taken up front for "mass adoption" sake.
It's not even that hard to do it right today, let's just do it right from the start and all throw our weight behind proper, self-sovereign, self-custodial solutions.
Exactly why we need BOLT 12 yesterday instead of everyone just using a poor alternative in LNURL that is hard to do in a self-sovereign way (as it requires an entirely separate web server etc.)
BOLT 12 has been around for 2y and implemented in Core Lightning for 1.5y and yet we can't actually use it. Sad and depressing state of things, IMO partially caused by people being able to skate by using crappy alternatives due to offloading responsibility to a 3rd-party like WoS.
1) We're not really talking "the average person", we're talking those of us already on Nostr and thus early adopters/more hardcore Bitcoiners. If hardcore Bitcoiners are cheering on custodial adoption and championing it, it will lead to less people even exploring/trying self-sovereign setups.
5) These companies are raising money from VCs and gaining fees from users that could otherwise go to self-sovereign setups, FOSS projects, and devs. It is a bit of a zero-sum game here - the more traction custodial wallets get, the less eyes, money, and devs go towards self-sovereign setups.
6) Why in the world are we happy that custodians (the "3rd parties" Satoshi *made Bitcoin to route around*) are the preferred onboarding method for new users? Onboarding someone to WoS doesn't even get them Bitcoin, nor does it even mean they will ever use Bitcoin. They are *entirely* at WoS mercy for custody, privacy, rug pulls, etc. I cannot, ever, get behind the stance that onboarding noobs to custodial wallets is the best thing and something to be cheered on. If we can't *actually onboard them to Bitcoin* why even do it?
BTW you can do self-sovereign, non-custodial Lightning + Zaps quite easily today with sufficiently powerful hardware for ~$300 or less:
# Self-sovereign Lightning
## Parts
HP tiny PC - https://www.ebay.com/itm/354567533378?epid=7058281144
2TB 2.5" SSD - https://www.ebay.com/itm/325333961758?epid=2314403619
## Setup
RaspiBlitz for bitcoind and Lightning - https://github.com/rootzoll/raspiblitz
TallyCoin connect for Zaps - https://sovrnbitcoiner.com/receiving-self-sovereign-zaps/
This hardware will absolutely obliterate any RaspberryPi setup and last much longer, highly recommend spending a bit more and doing a setup like this instead of going for the bare minimum in a Pi setup.
You'll be really thankful you did when all of your apps and wallets are vastly more performant and responsive!
Yeah, Zaps are still a bit tricky today but coming along very quickly.
Hell yeah, more power to you!
Both of those are great, I highly recommend Phoenix especially!
Those are non-custodial tools, excellent way to onboard new users.
There are already quite a few solutions with many more on the way, one here from #[3]: