She's working hard. She homeschools too. And they have several animals. It boggles my mind. 🥹

Good morning and pura vida, Nostr! It's time to stack notes and send zaps! 🫂💜🤙🏻

Congrats to me, I'm an uncle again! My sister had her 5th child last night. 😱 Five. What a time to be alive!

I can’t seem to find the words to thank each and every one of you for the amazing experiences you allowed me to share with you..

I’m not very good at these things..

emotions are running high and I’m sad it’s come to an end but I’m also excited that it’s just begun

I just want you all to know that these past few days have been magical for me, I didn’t have the funds to pay for a ticket yet you all didn’t stop that from allowing me to go, my ticket was fundraised by the most incredible, heartwarming, wonderfully generous community I’ve ever been apart of, there is no second best.

I didn’t have the funds for travel back and forth from the conference every day, #[0]​ invited me to stay at an Airbnb and took care of me like if I was his son, and for that I’m incredibly grateful and appreciative. Nowhere else on the internet will this have took place, it’s a #Nostr thing. #Nostr is so much more than what meets the eye, I’ve experienced it first hand, and if you’ve been here long enough you understand that.

The conference was amazing, but #Nostr events had the signal + the incredible plebs I’ve come to love and call my frens, I’m so grateful to all the frens that organized these events and allowed us to all make new amazing memories together 🫂 so grateful that I met many of the frens I’ve been interacting with for months now, it felt surreal to be in your presence.

Gonna end this by thanking each and every one of you that I met and the ones that fundraised me and allowed me the opportunity to experience this revolutionary protocol IRL first hand. What we’re doing here and what we’re building here is so much bigger than we could all fathom. It was confirmed, i trusted and then I verified it with the interactions I had with users and non users of nostr. Love you all so much!

Keep being you 💜 you’re the best you!

Congratulations!

I've enjoyed reading your posts and virtually sharing your adventures. I'm also traveling in Central America, maybe our paths cross.

Be well!

🍕💍

Block size increase is not scaling. Bitcoin can already scale the same as visa etc but we want self sovereign ways. Lightning is one way, being an uncle Jim is another - bitcoin finds a way

Congratulations. Extra pineapple on the pizza!

🥳🥳🍕

Happy Anniversary.

Cheers to many, many more.

🥂💜

I see what you're saying. I think eventually people will be getting on lightning and never need to get off. If you have all your sats on the lightning network in a way that you trust and meets your needs, then you'll never really need layer 1. When more people are using lightning they will be able to onboard other people who have never used Bitcoin into lightning as well. There will be lightning channels that persist for years and facilitate billions of transactions. Those lightning channels will have only needed one on chain transaction to be created, so I think 260m is probably enough.

Due to the recent mempool flooding I've been doing quite some reading and calculating and was interested to hear the opinions of smarter minds on this:

How are we going to scale in the future?

I believe #Lightning is the way forward and I believe using LN for daily activities like the coffee shop and zapping on #Nostr works perfectly. The problem I see is: Even with LN it's not possible for everybody to participate because the on-chain capabilities currently don't allow it unless we fully rely on custodial means and not even then could we meet demand.

My question to smarter minds therefor is:

What scaling options other than blocksize increase exist or are being worked on? Where can I read/learn more? I know that for the demand currently BTC works as it's supposed to and the mempool spamming just proved the system works (e.g. moving bitcoin from the hands of the spammers to miners and back to the hodlers via exchanges) but I was wondering how we're going to deal with it in the future.

Please spare me the "bcash is the real bitcoin" or "CSW was right" because I think neither of them are viable options rn because we just centralise in other parts of the ecosystem (and CSW is a massive fraud).

IMO if we don't scale to the point where we can all transact on LN but still cold store and hold our own keys something went wrong...

So... what are our options?

#bitcoin #plebchain #scaling

I think you're making a lot of assumptions about what LN is capable of, and what it requires in layer 1 blockspace to do it. It will get more efficient over time, and if it does start to reach capacity there will be new solutions thought of to deal with it.

Or maybe there will be a more valuable use of blockspace than opening and closing channels and LN will die. Either way the market will figure it out, I wouldn't worry about it.

But we can.. just watch.. Satoshi was a genius.. #Satoshi #genius #bitcoin it's scaling as we type.. 💯💯💯 we have whole countries and cities running bitcoin its been scaling...

All three points are about on/off ramps to/from first layer.

Or you mean to/from fiat?

This won't be a problem in the future because the bigger the bitcoin network gets the more stable the value gets and that gives more time for people to understand bitcoin and when they truly understand bitcoin and when they truly understand bitcoin more and more people will people will want to learn how to. Run their own node And if the majority are running their own node. We don't have a problem and this will happen in the future because banks will continue to steal People's money and people will catch on to bitcoin and then they will catch on that You can run your own node.. The problem now is these kids thinking they're doing something with ordinals that that is why people are having doubts but ordinals won't be a Thing in the future. That side of bitcoin will be used the right way.

Custodial lightning will probably play a huge part in getting the masses onboarded. Most people do not care about self custody and are fine with trusting a third party. I think many people will only use Bitcoin on layer 2 for most of their lives. It will eventually be too expensive for the average person to do much on layer 1.

I know Bitcoiners will probably cringe at this, but I think we will have a lot of trusted institutions that take care of much of the back end of running lightning and dealing with layer 1. I'm talking in the distant future here btw. As long as they are not able to change the protocol then it should keep them honest, and they will hopefully be structured so that they can't just run off with people's money.

In the more near term I think self custody is still important to protect yourself while these institutions build themselves out and establish trust. We already have some promising ones with Strike and CashApp. I bet MicroStrategy is going to be a big player too.

As the Bitcoin network grows the existing players and new players will rise to meet the demand. More BTC will be locked up in lightning channels and the network will grow more robust. Then there will also be layers built on top of LN like Fedimint and Cashu.

It's mind boggling how this thing is progressing. Most people are completely clueless to how much progress is being made.