Yeah pretty sure both Montreal and Königsberg were founded on these principles
Mind blown when I realized Montreal is just the French version of Königsberg. Any nostriches want to meet up as I’m passing through in early July?
Yeah that may be, but capacity limits aren’t unheard of, and they’re not hard to explain.
Phoenix has it! It even breaks some lnurlps, but they won’t budge. msat maximalisme pour tous!
Sats aren’t bullish enough. Millisats the standard!
I’m optimistic! I often compare it to a prepaid debit card. It has a total amount printed on the front, that’s the capacity. Now imagine you could refill and use the card as often as you like with minimal fees, but if you want to hold more than what’s printed on the front, you gotta buy a new card for a fee. People usually get it.
All payments are authorized by me. Somebody I previously paid can’t “take more” from my account, like they could with inferior systems
I’ve never been hit with a fraudulent charge on my Lightning node, and don’t know anyone who has. This technology might be appealing to people
Yeah that I agree with entirely. It makes the entire onboarding experience a bit awkward though. I think ideally the recipient could just set their desired inbound, e.g. 1M sats, then the first 10,000 sats into their wallet get taken as a fee.
I disagree. Watched somebody use Phoenix at the last Bitcoin meetup, at the end of the event they had three channels over ~50,000 sats, spent 9,000 in fees to Phoenix and ~20,000 in block fees. That’s a terrible experience resulting from *hiding* complexity where it should be *emphasized*
Always devastating when you find out a friend endorses central planning
Very proud of the composition, colors and lighting here. My superstar the laundry bear. 
Is your reply related to my post? Either way, I don’t know about the percentage, but most people don’t have savings, don’t buy anything controversial and have access to apps from politically stable places, so custodial wallets are fine for them. It’s important others can interact with them from self-custodial platforms, though.
I no longer believe the concept of Lightning Network channel capacity can be abstracted away from the user. I now believe channels should be a major focus of education, UX/UI in self-custodial wallets.
Very grateful for your work! Together we can do it!
If you look at interest in Bitcoin podcasts, conferences, tweets and meetups versus interest in Bitcoin merchants, you realize Bitcoin’s killer app really is just talking about it.
As of block 793752 I don’t have any more pending transactions, the first time since mid April. A mid-summer miracle!
