yo, anyone in nyc rn reading this??

what’s the air like there rn? i’m meant to fly in tomorrow evening for 3-days, should i reschedule, or will i still be able to walk around and do tourist shit without feeling like i’m choking while breathing air??

pls help

this is a very basic question, but only utxo’s can be KYC’d, right?

so you could send a bunch of KYC’d utxo’s to a wallet, but then send non-KYC’d utxo’s to the same wallet, and as long as you never combined the utxo’s then the non-KYC utxo’s would remain non-KYC’d, right?

or, are the receive addresses you generate from your wallet able to be linked to one another? is this why protecting your xpub is so important?

“Above and beyond monarchy and democracy, the following is concerned with the “logic” of a natural order, where every scarce resource is owned privately, where every enterprise is funded by voluntarily paying customers or private donors, and where entry into every line of production, including that of justice, police, and defence services, is free.” - Hans-Hermann Hoppe, ‘Democracy: The God That Failed’

🤨

whirlpool?

i’ve never actually heard of lnbits, looks sort of cool from a quick google, what’s its selling point?

how does it differ from running ride the lightning or something like that?

it’s taken me all day pretty much, but lightningd (CLN), c-lightning-REST, ride the lightning, and zeus are now all setup on my own node

did it all through just following the docs and figuring it all out 😎

i think the only thing left to do is configure zeus to work over tor so i can access my own lightning node outside of my own network 🤔

bump nostr:note17j3pry2ljrejww9tzh4e2l9ed9zjw9vqz3kxp8xx49vxl88j87rsheangn

fees are almost back to normal

lovely

when running a bitcoin lightning node what are the different ways i could lose my bitcoin? especially during high fees?

like what’s a forced closure of your channels, and is there any way to prevent them? and any other possible ways i could lose my sats?

i want to finally be able to use zeus, but i don’t want to fuck up managing channels and lose sats

personally disagree that a block size increase would constitute a solution, the problem would still exist that someone with money to burn could fill blocks (just 4MB or 15MB instead of closer to 2MB)

i think the fee market should solve this problem naturally (hopefully) - you’d think on-chain token folks will eventually run out of money to burn on fees, and they’ll run out of buyers for their hot potatoes

time will tell if that’s the correct take

but, assuming the “storm passes” it’s still a very great example of what technically needs to be thought about and solved creatively - i’m naive in this space, but i saw something the other day about excess fees for transactions where transaction costs are some amount larger than the value being transferred

not saying that’s the solution, because i’m sure there are a bucket of unintended consequences with that (and i probably didn’t even understand it properly) - but, my point is more that once this hopefully passes it’s definitely something we should all be thinking about from all the possible angles

and, my point with my original post, is i think this is a problem that plagues xmr and ltc too (even if it hasn’t shown itself yet, it seems like it’s something to think about at least)

honest question - how would xmr (or ltc, or whatever) deal with a similar situation to what btc is dealing with right now?

essentially, there are entities paying more in fees relative to the value that they are sending (no matter the why, that’s essentially the network outcome)

so, if a protocol doesn’t restrict this behaviour (i.e. it allows people to pay excess fees relative to value sent) then this will always be possible, no matter the network, right?

if i had a bucket of money and i just wanted to waste it, i could continue to send fractions of xmr or ltc back and forth

i’d have no incentives to “mint tokens” on these networks, but it seems like the same process is possible on other networks, it just maybe lacks the incentives of “minting coins”

am i missing something?

miners must be loving life

how do i whirlpool in this environment?

i’ve been following that exact series

buuuut, i sort of veered away from the guide because i installed c-lightning instead of lnd 🥴

so now i’m learning everything the hard way ahahah

i’ve finally setup my node, ready to mix some btc to break kyc links

how should i approach this now with the high fees situations?

any advice for a newbie setting up a lightning network node? i’ve heard of people losing sats because they can’t quite get it right, maybe getting forced closed and such? having to cop transaction fees now as well?

what are some good resources that i can use to make sure i don’t do something dumb and lose sats when trying to set it all up?

great idea for a gift

my only concern would be the actual hardware holding up over a 10-year time period - is that a risk?

fucked of the physical hardware dies across that time period? or are there ways around that?

so, how much would it cost me to whirlpool some coins rn because of fees? 🤨😅

so uhhh, what’s going on with the mempool? 🤨

i’ve been setting my node up “the hard way” -

i’ve setup bitcoin core, fulcrum and mempool.space now all via SSHing into my node, and manually adjusting all the config files, etc.

so, i think by default, i have to go with cln, as to continue along the path of *most* resistance 🤣

c-lightning or lnd?

i know absolutely nothing about the differences, but i’m tending because core-lightning because it sounds lightweight and faster? idk