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SLCW
65912a7ad17fd5cf3bacce9759f3bea3a44f9a3397340e559cf067945dc638bf
Handyman engineer. I bounce from project to project. I'm often called in to do the finishing touches, bringing 90% complete projects over the finish line. I'm good at making disparate systems talk to each other. * Zaps powered by nostr:nprofile1qqsf07zg4hxyccnkdp07fppxmetpfzru3fg6mgzx3nk8r7af8qnjjyg76vulm * On-chain powered by nostr:nprofile1qqsvxq03xdev3uxehjqcdkr5lfzl5vawmcf7vm6ps73m6ghwg8y4k2shaefxp *Always Buy the Dip* #privacy #security #linux #Android #networkengineer #infosec #SimpleX #dogs #cats #pets #cooking
Replying to Avatar YakiHonne

nostr:npub1vkgj57k30l2u7wave6t4nua75wjylx3nju6qu4vu7pneghwx8zlsf7q4uq feel free to connect yours, if there is anything let us know 🙏

Ok, so I'm still having the same issue I reported to nostr:nprofile1qqsdxf0ea8cm5cym3uasa90f0u6jvdaq4g5pefqpah633khwqlkjyecpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3camnwvaz7tmwdaehgu3dxqcju7tpdd5ksmmwdejjucm0d5qs7amnwvaz7tmwdaehgu3wd4hk6njeaqn yesterday. Plus an additional issue.

First of all, my wallet is successfully linked, but when I zap, it seems YakiHonne is timing out before the zap can be finalized. My wallet reports that the zap has been paid (and my balance reflects that), but YakiHonne is timing out before it completes, so it ends in failure and the zapped note doesn't show any indication that I zapped. Which means the user also isn't receiving notification that their note was zapped. I think you have to extend the timeout period so the process has time to complete before YakiHonne decides to call it quits. I use Minibits, and it does take a little longer than other wallets to complete the zap-via-NWC process. Maybe adding an additional 10-15sec to the existing timeout would solve this issue.

Second, if I close YakiHonne and reopen it a few hours later, YakiHonne reports I don't have sufficient balance to zap even though I do. I have to then delete my current wallet link and re-add it by pasting the NWC connect string again. The zap then works as described above. I don't have any basis to understand why that's happening, or what might need to be fixed behind the scenes to resolve it, but having to go through NWC setup everytime I use the app isn't convenient or desirable.

Keep up the great work! I think we're almost over the finish line on the NWC issues, and just a few kinks have to be worked out. Let me know if there's anything I can do to assist you further.

Replying to Avatar YakiHonne

nostr:npub1vkgj57k30l2u7wave6t4nua75wjylx3nju6qu4vu7pneghwx8zlsf7q4uq feel free to connect yours, if there is anything let us know 🙏

I'll give it a shot and report back!

I sold off a bunch of coin when it hit $10k. I was terrified that it would crash shortly, so I liquidated about 75% to lock in the profit and put the money in a trust I can't access til I'm 62. I've held the rest in cold storage and don't plan to touch it until I'm able to access the trust funds. It's all for my golden years. I want my final chapter to be one of wealth, and comfort, and luxuries I couldn't have in my working life.

I want to be able to receive an ecashu token from someone else—one that is be minted on any standard, compliant mint—and have that token's value apply to my wallet balance. Just like every other ecash/lightning wallet (Minibits, Cashu, eNuts, etc).

If you can only redeem tokens minted by mint.coinos.io, the feature is essentially worthless because most ecash is minted by other mints. The entire point of ecash is the cross-support and interoperability of multiple, independent mints. Without that, you might as well just abandon the feature.

While I have your attention, do by chance have any kind of ETA on when we'll be able to redeem ecash from external mints? That's a very important function, and one that should be priorized. An ecash wallet isn't very beneficial if you can only redeem tokens from a single mint. The whole point is that you should be able to redeem tokens from any compliant mint.

Replying to Avatar vnprc

Good question!

When the maturity period expires and the redemption period begins the pool/mint begins exchanging ehash tokens for ecash tokens backed by bitcoin. Once in the redemption window, ehash tokens can no longer be swapped for other ehash tokens, they can only be redeemed for ecash (or another payout method such as lightning or on-chain). This a limited time window so you want to dump all your ehash from this tranche for real bitcoin before they expire. When the redemption window closes the mint is no longer guaranteed to redeem them.

One way to think about it is that instead of horizontally stratified user accounts, the mining pool keeps track of vertically stratified tranches of ehash token assets. This is a fundamentally more private arrangement because the pool doesn't know or care about individual users, it's only looking at the bitcoin value of ehash tokens. Ehash can be traded in a peer-to-peer fashion through any medium, and ultimately redeemed by anyone in the world. The pool doesn't need to care about any of that.

It's like a rolling window of contracts. All ehash tokens issued in a single time period will have the same bitcoin/difficulty value as every other token in the same tranche. As time rolls on new contracts are created and old ones mature and expire. The specific valuation of each contract is variable, depending on how lucky or unlucky the pool was during that maturity period. This is what speculators will be gambling on, and the risk that some miners will pay to offload. Simulated FPPS payouts. 🤙

Thank you for taking the time to answer my question and explain the mechanics. I'm excited to see where this goes. I think your work is going to have the potential to revolutionize the mining payout system, a lot of people are going to find a lot of value in it.

Have you already been in contact with some of the mining pool operators to get their feedback? In my experience, people are usually more open to change in what they consider their arena when they're brought in and consulted so they can perceive some small measure of ownership and control. It's basically a psychological sales technique.

Replying to Avatar vnprc

My scheme is a little different. The mining pool doesn't hold on to the blinded secret in my design. The pool returns the blinded signature to the miner right away. This is a new ecash asset different from bitcoin-backed ecash. It is actually backed by the proof of work share instead. It's called ehash.

Ehash tokens have basically two phases of life: the maturity period and redemption period. During the maturity period the ehash token gains a little bitcoin value each time the pool finds a block. During this period, tokens are tradable so people can speculate on them or sell for a fixed price, whatever floats your boat.

After some time, maybe a few weeks, the maturity period ends and the ehash token stops growing in value. Now it can be redeemed for actual bitcoin-backed ecash tokens, or maybe a lightning payout, or if you are a big miner you can probably afford an on-chain payment.

It's super early. All you can do right now is collect ehash tokens because I haven't coded up the maturity period or redemption period stuff yet. That's all coming. It's gonna be a little while. This stuff takes time to build.

The coolest part is that with Hashpool you not only get all the privacy benefits Calle discussed but it also creates a super efficient bitcoin futures market and a global, KYC-free bitcoin onramp. If you want to stack corn without doxxing yourself, just buy some ehash tokens and wait. You'll actually be paying the seller of the tokens to assume the risk of a lower-than-expected payout so it's a win-win. They get a steady payout and you get a privacy benefit.

Since the token isn't backed by Bitcoin, but by the PoW associated with each miner, how does the miner convert the eHash to eCash (bitcoin)?

I love Mallards. I've got a Mallard couple that lives in the stream next to my house. They come every year and have their babies.

I don't see it. A ponzi scam involves getting people to invest, and then paying those people back with new investor's money. Rinse and repeat until it collapses. I don't see how that fits Bitcoin, even at the surface.

It's so crazy how misinformed these people are, and how they have this emotional anger about it. I think it's jealousy. I guarantee they were introduced to Bitcoin a while ago. Maybe several times. And they scoffed at it, and cast it aside. Now that their predictions of doom and gloom have hilariously not panned out, they're bitter and regretful, and so they've turned against it and everyone who didn't make their dumb decision.

Trying to talk to fedis about bitcoin is a fool's errand. They're all bitter and insisting it's a ponzi scam and claiming I'm a sucker. I'm like,"I bought in back in 2011 when it was trading at $6.50. It just hit $100k. I don't feel particularly scammed." They followed up accusing me of being one of the scammers who's taking advantage of others. WTF?? Who are these people?

Scammed investors are now telling Haley Welch (Hawk Tuah girl) that she's going to need to "talk tuah" a judge in the near future, and I'm fucking dying 🤣

https://www.totalprosports.com/general/haliey-welch-finally-responds-as-fans-tell-her-shes-going-to-prison-for-scamming-investors-with-her-shady-meme-coin-pump-and-dump-scandal/

What the hell happened to the saxophone? Back in the 80s and 90s, the sax was the coolest instrument in the band. Across genres, and styles, it was the sax that everyone loved. When I was in school, all the boys wanted to play the sax, but there was only a few spots, so whoever was picked was automatically one of the cool kids. I can't remember the last new song featuring the sax. It's been a while. But I think it should come back. #musings

I love Amber. I love knowing my keys are securely squirreled away in this other app that acts as a gatekeeper, and ensures that only actions in approve of are executed. It makes me happy.

Replying to Avatar jb55

gn nostr

Kinda hurtful.