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David Coen
a976156de0384616921e32bfc8314cc647d33843af649d2d91faabb2450b808d
Author of Q/A about Bitcoin, SW QA Tester and Support for EdgeWallet. Tips:⚡️ tips@davidcoen.it Useful links: https://links.davidcoen.it Lightning node: 02e74c09ca720c891221164424651f62176a4737a4b2fd4f75a5befee127e90b9e

It's not so much, but it's something.

https://btcpay.davidcoen.it/txcounter/html

If you like, you can make a donation to help maintain the server: donate@btcpay.davidcoen.it

or here https://btcpay.davidcoen.it/apps/2g9NXCoPgF5zRvNkVx3iavPaneBc/crowdfund

I don't think it's a matter of "believing in Lightning".

Paul is a bit skeptical about reliability and has self-custody as a priority, that's why we strongly opposed previous lightning solutions that were custodial.

I respect his point of view.

Edge remains open source, so PRs are very welcome.

Also, you don't need to use shitcoins it you use Edge! Imagine your edge account as a client-side encrypted package where you can collect seed phrases (aka wallets) and maybe in the future ever more things.

You can have Bitcoin-only accounts with as many Bitcoin wallets as you wish.

That's how I use my accounts.

Also nostr:npub1ey6qdmvzcgcsr883m9nspzz0mm037l26xtardzcskfsvc6gc7jssm9szvp the reply was for nostr:npub13thhtj384uq2dacvzjr94efgvrxdcd50geyecl8kkg6jkzd8p86sgtwvcs's comment, not for the main post by Daniel.

Ps: I saw the recorded event with Bitpolito. You were great. Too bad I wasn't aware of that, I live a few km from there, it would have been an occasion to meet in person :-( !

Hey Daniel, I'll do!

We currently don't support lightning, that's true.

I'm a Lightning early adopter so you can clearly understand how much I want to use Edge to make LN payments.

Unfortunately we are not still ready for that, for a few reasons:

Onboarding would be difficult for the majority of our user base

Hard for them to manage liquidity (the current SDK options do not support splicing yet, as far as I know)

Success rate of payments (it's actually improved a lot lately, so that might not be a big issue anymore!)

In the meantime, I use Breez and Phoenix wallet.

As for Ark, it's no longer theoretical. There are a couple of implementations currently in development, check ArkLabs and Second.

They are in testnet, and probably out in mainnet later this year.

Yes, that's why I think we should work on sharing liquidity management.

The problem is being a liquidity provider.

Not just for the infrastructure and the rebalance, but because as a centralized identity, you are an easy target for the state.

If they decide you are a money transmitter, then good luck.

That's why we need distributed liquidity and possibly separate the service operator from the liquidity providers.

For onboarding, the issue is definitely channel creation.

We may be able to solve this with Ark.

As a non-engineer, I had hard time getting an Overseerr service reachable remotely.

I asked chatGPT and I had the solution in 5 minutes! 😱

So, I used it again to create this tool: https://resources.davidcoen.it/ddnscpanel/

This tool helps users with a dynamic IP and a hosting provider with cPanel configure Dynamic DNS (DDNS) automatically.

If you have a domestic server but your ISP changes your public IP frequently, you need a way to update your domain to always point to your current IP.

Who is this for?

- Users who have a dynamic public IP

- Users whose domain is managed via cPanel (with a URL to update the IP).

Users who want to access their home services (like Jellyfin, Overseerr, BTCpay, etc.) remotely.

Thanks. So an inflation bug on coinbase tx can be seen as in Bitcoin, that's good.

Sorry but it’s not “predictable”.

Also, with Bitcoin you can see an inflation bug seconds after the transaction is sent, you can’t in Monero.

In addition to that, even if the inflation bug is in a coinbase transaction (probably impossible, but who knows) with Bitcoin a miner needs to wait around 16 hours before being able to spend the funds, with Monero just 2.

With Monero an inflation bug can be buried under days of blocks or more.

Can you show me a coinbase transaction where I can see those 0.6 XMR?

I tried a couple of times, but it was never appreciated. I ended up doing presents, paid in BTC.

I guess they will regret in the future.

I believe we have fiat characteristics or Bitcoin. That’s not necessary bad, if you need crypto in order to make more usd or bitcoin, or if you need tools you find in the fiat world but are way more advanced in the crypto world (lending, staking, mixing…).

But Bitcoin is something else.

The Bitcoin capped supply and the distributed consensus that makes changes so hard to be implemented are the key features that differentiate Bitcoin from crypto.

As per Monero, I think it’s cool and might be useful for getting privacy on low amounts if you use it as a tool and go back to Bitcoin as soon as possible. I would not hold funds there as an alternative to Bitcoin.

I don’t speak for Edge, I speak for myself.

Monero issuance is not predictable.

PoW can be changed to PoS or anything else if the validators want and it has already been changed in the past. It’s easier to change the consensus layer on these crypto because they can be “decentralized” but their consensus is not really distributed.