I want more decentralization and I’m curious how this could be done with a technology that was not designed for that.
Maybe wallets could split balances to like 10 different mints so users only loose a fraction of their money in case a mint becomes evil?
Life is beautiful! ☀️
Have a great start of the week! ❤️
You can also just create a new wallet, which is what I did too
I think in Fedimint users still need to trust single entities. I was thinking more of something like liquid, were the trust is distributed to many
Could ecash mints organize in some sort of federation so users don’t need to trust single entities?
Cc: nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg
nostr:nprofile1qqspu5lfqrpmh302622jzhh7y7ev340m690m8hvppk3svdn5edep8vspzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqg6waehxw309aex2mrp0yhx7unpdenk2urfd3kzuer9wc4mrwzq is by far the best ecash wallet I have used so far!
Give it a try! 👌
Yes, that sounds good 👌
Generally, I would try to make it as minimalistic as possible.
The least information shown, the better UX you can provide.
I love the fact that users don’t need to look for a mint in the onboarding process.
Keep that simplicity also in the following user journey -> don’t show the mint on the home screen, in the settings it’s more than enough.
Also I wouldn’t ask users if they want to trust the mint they are receiving ecash from.
I would think of the best way to handle trust and then apply that to all users (no one wants to do research on mints).
Why differentiate between ecash and lightning?
I think users just want to send bitcoin instantly, private and at very low cost. How this works under the hood is not important and just leads to confusion.
This is very clean and clear:
100 ₿
Btw, I would probably also get rid of those two displaying options:
I have it right on my home screen
Market haul at the nostr:nprofile1qqs9xtvrphl7p8qnua0gk9zusft33lqjkqqr7cwkr6g8wusu0lle8jcprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqythwumn8ghj7un9d3shjtnrw4e8yetwwshxv7tfl08q5u house in Costa Rica 🌴
Feels good to be living in the future ⚡️
nostr:nprofile1qqspcjc3fr04lh3scqz4plffm6jfdjawptusaavuztru540us6p5vdgprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqyx8wumn8ghj7cnjvghxjmcm8luxk nostr:npub14f26g7dddy6dpltc70da3pg4e5w2p4apzzqjuugnsr2ema6e3y6s2xv7lu
Love the mic thats clipped to your chest hair 😂😂😂
Any thoughts on this iteration of a potential nostr:nprofile1qyv8wumn8ghj7cmg9ec82unsd3jhyetvv9ujucm0d5qjjamnwvaz7tmwdaehgu33xcmnvve38y6nvde3xuczuctswqh8yatwdahxvmr40qhxjmcqyq0986gqcwaut6kjj5s4al38ktydt773t7eamqgd5vrrvaxtwgfmyh20a8l send flow? Trying to strip out jargon from the send flow. I removed the word “ecash” and using more general, normie, intuitive language. https://m.primal.net/PpKr.mp4
So far I like it a lot! 👌
But I would get rid of the kebab sign and replace it with: ₿
Yeah I for sure avoid doing drunk posts and double check for spelling much more..
"You wouldn't zap a car crash."
https://blossom.primal.net/c65f4b6f36a5e5b57381da4471111f4e89f6ac20e98ca40e89a3d680d7c71737.mp4
Awesome talk! Thank you 🙏
What do you think about the fact that we currently can’t really delete posts? As I understand it the only thing users can do is ask relays to delete it but there is a lot of trust involved.
I'm honored to work on revitalizing "Wiesenburg" 🙏
It's a historic shelter built by wealthy individuals in the 1890s to give homeless men and women a place of safety.
It was destroyed during the war, and in recent decades, artists have occupied the ruin.
My task is to rebuild it while keeping its magical spirit. ✨
The revitalized space will be home to a painter, a bar, a school for immigrant children, and a theater. ❤️
⚠️If most #bitcoin is hold with custodials, there will be much more than 21m!
If we want to avoid that, we need to scale UTXO ownership e.g with growing extension blocks as a soft fork.
Well I do love your Bitcoin content, but I agree we also need other things here.
That’s why I have decided to post more about architecture.
If anyone is interested, feel free to follow 🤓
The other day on Twitter/X, I paid out a 2,100,000 sat or $1,700 USD Lightning bounty.
Over the past couple years, I’ve offered an occasional challenge on Twitter/X.
When people tell me Lightning doesn’t work, I often ask them in random comments for their Lightning details so I can pay them in the next 5-10 minutes on the spot, permissionlessly, wherever they are, with this payment method that supposedly doesn’t work.
Every single time, they can’t do it. Because they haven’t even tried it. They’re just talking. I’ve done this a ton of times and nobody ever takes the sizable sat offerings.
In Dan Held’s anti-Nostr thread, Mark Jeffrey was critical of Lightning.
Unlike most who I offer the challenge to as 99% sure they won’t take it, I offered it to Mark despite knowing he had a much higher probability of accepting it, since he’s tech savvy and active in the broad crypto space. But in my view, if he accepts, then that’s also evidence on the spot that it works.
He declined my 21,000 sat offer and politely still talked anti-Lightning.
So, I said since I like him, I’d up it to 210,000 sats. He still declined and talked more anti-Lightning. He spoke about how he *wanted* it to work, but the problem just isn’t solved yet.
My inner Nostr Lyn couldn't help it, so I upped it to 2,100,000 sats, or $1,700+ USD, if he would just post a way to pay him on Lightning within the next ten minutes. Nobody had ever taken me up on my challenge, so I pressed to my highest offer ever just to see, out of sheer curiosity. He’s a multi-time published novelist, which with my recent fiction hobby, interests me. So, if there’s someone I want to claim the bounty, might as well be him.
And then you know what? He did. Of course he had a Lightning address.
He went from “want it to work but…” to digging through his past experiences and finding an old Lightning address, within a few minutes. The first person on Twitter/X to accept my challenge.
I paid him 2,100,000 sats on the spot, or $1700+ USD.
He provided a Stike address, so that’s a shout out to nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzp382htsmu08k277ps40wqhnfm60st89h5pvjyutghq9cjasuh38q7t6dtc who made Lightning convenient enough for Mark, who doesn’t understand or particularly like Lightning, to finally call my challenge and make me have fun staying poor, lol. And it worked flawlessly despite being an above-average sized Lightning transaction.
I then asked Mark if he could identify the sending wallet, but he said he couldn’t. He asked about block explorers to identify the payment, and while I pointed him toward Mempool Space, I highlighted that Lightning tends to make sending privacy pretty good even though I didn’t maximize privacy on this one. I'm not deep into the weeds on privacy tech, so I'm always genuinely curious just to ask "hey, can you identify any privacy leaks here?"
I also asked him if he would have shared his bank details publicly like he shared his Lightning address. He said of course not.
So even if people say “But Lyn, Mark used a custodial wallet”, I’d say that this tech stack reduced his friction and boosted sender privacy.
I think there are still improvements to make of course, particularly Lightning combined with other scaling methods (ecash, Ark-style stuff, and so forth), but it’s a powerful glue that connects a lot of things together.
In addition, when it comes to payments and small amounts of working capital, there is an important “choose your own adventure” aspect. For small amounts, in safe jurisdictions, custodial Lightning is not that big of a deal, like keeping cash in your wallet that is prone to theft or loss. It maximizes UX.
But it’s important to keep pushing hard, keep developing, keep providing capital, to make as many tools as possible available for people that need to maximize privacy and/or self-custody. Not everyone needs or wants those capabilities for every single payment, but they do need the *option* to turn to them when it’s important.
Mark Jeffrey then reached out to chat about fiction. Last year he asked me to go on his podcast to talk about Broken Money, but I fell behind on Twitter/X DMs due to bandwidth constraints and didn’t get back to him. So, after this I got back to him and said I’d be happy to talk about fiction with him to pick his brain, and talk Broken Money on his podcast, and we got one scheduled. 🤝
I guess you did stack hard enough 💪😂