nostr:nprofile1qqs895xjuvy0dwh0s4z30cm6ad0njhpltcw9hec7vd43j6t644zevdgppemhxue69uhkummn9ekx7mp0qywhwumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctv9uf8gp7w just broke 10,000 Bitaxes online at 9.6 PH/s! Crazy!
That's only 990,000 shy of 1 million, let's push it relentlessly
True, but this should be the norm, not the exception...
#asknostr Best relay transfer tool? Scrape specific events from relays and copy then to a destination relay (e.g. for backup of own events)
I was impressed by AI again, how it can write and execute a program to factorize a number, all on its own.
I had a presentation on bitcoin mining, and to illustrate asymmetric cost of some arithmetical operations, I used the below example. I offered a bounty on the factorization of 9508762877, to better engage the audiance:
I picked a number large enough so that it's unfeasible to solve by trying with a calculator (5-digit primes).
To my surprise, in about 10 seconds, I got the right answer!
The winner (l0rinc) used AI, with this minimal prompt:
```
factorize 9508762877
```
which gave the correct result quickly.
How? Internally, it created this Python script, and executed it:
```python
import sympy
# Number to factor
number = 9508762877
# Factorize the number
factors = sympy.factorint(number)
factors
```
Really cool! (Note: not all AI's are capable of this)
Yes!
First you can chain swaps (even accross different providers eg swapmarket.github.io nostr:nprofile1qqsrtm03p9knckg63gyjk74yxy3u9e28vgxgr8ju3jk9dfz0ph7qrjqpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9uq32amnwvaz7tmjv4kxz7fwv3sk6atn9e5k7tcppemhxue69uhkummn9ekx7mp0fns9n9 )
onchain - LN - LN - onchain
Second is the actual coinswap protocol aka teleport transactions under development:
I was brain-storming how to achieve this using adaptor signatures, but as I can see there is a solution like that already (Ruben Somsen).
https://gist.github.com/RubenSomsen/8853a66a64825716f51b409be528355f
Yes!
First you can chain swaps (even accross different providers eg swapmarket.github.io nostr:nprofile1qqsrtm03p9knckg63gyjk74yxy3u9e28vgxgr8ju3jk9dfz0ph7qrjqpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9uq32amnwvaz7tmjv4kxz7fwv3sk6atn9e5k7tcppemhxue69uhkummn9ekx7mp0fns9n9 )
onchain - LN - LN - onchain
Second is the actual coinswap protocol aka teleport transactions under development:
CoinSwap looks like what I'm looking for!
For my case further constraints:
- no LN involved, and
- no onchain linkage between the two parties after a swap.
The use case I'm thinking about is a marketplace for swapping mined 'clean' coins for other coins, for a small premium. LN might be cumbersome because of the amounts. CoinSwap seems to be able to solve this. Thx!
Bitcoin-to-bitcoin atomic swap (onchain) -- is it possible?
I know bitcoin-lightning (submarine swap), lightning-lightning, bitcoin-smartcontractaltcoin are all possible, but I've never seen bitcoin-to-bitcoin
conscious and with own free will :D
My nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpq68euw93e4cam59llcmydav0akwjk2p4nfy3p85pn22xv9y2jxuzqf35lee ran out of time. Topping up with Lightning literally took me 2 seconds and payment was processed instantly. Why can't all online payments look like this?
Me paying for nostr:nprofile1qydhwumn8ghj7mn0wd68ytngw4eh5mmwv4nhjtnhdaexceqpr9mhxue69uhhq7tjv9kkjepwve5kzar2v9nzucm0d5qzqa7d2upjgy9qzatz3df407n9tv06e6454ljhguemhhxwmyudaydzd92h82 is also a few seconds, but it is preceded by my ritual of: checking the fuse, the wifi router, the provider, the VPN app, etc., before realizing that it's just my subscription expiry... 😎
Nice idea. How can one see events of this kind though?
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. 🤝
BTW, when some people say 'Lightning doesn't work' sometimes in fact they mean 'LN is not used (much)'. Which has some truth to it, but it's a different statement.
I think LN technically would be capable to handle much higher volume and intensity usage, but the limit is not technological, but the limited number of motivated actors, both on seller and buyer side.
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. 🤝
BTW, for a long time I thought that separation of state-and-church was about ending the practice of those in power to tell you what to believe. And taxes of course. But even more, it's about ending the practice of using your manipulated beliefs to coerce you to act in their favor.
It's a powerful analogy for the state-and-money separation.
The source for my daily dose of hopium: nostr:nprofile1qyg8wue69uhh2mtzwfjkcw358q6rsqglwaehxw309a3xjarrda5kumtp0p5k6ctvd9ehguewdahxc6twv5qzq7ueramk6pxc0j6agfvk3qv855s0dt7pdv4e45nd434caemv9pqdcdum7t
About 1.5 yrs ago I started a little Nostr-key-store #Keystr project, which I quickly abandoned due to lack of time. In the meantime other great solutions emerged for this problem, like nsecBunker or Amber, so there's no point in reviving this project.
Despite this, yesterday I got a 2100 sats zap out of the blue with the message:
Thanks for #KEYSTR!
Feels so great!
R2 is getting filled with LN. Imagine 50 liters of sats. :) https://cdn.satellite.earth/1d4af7bb1af010d419d73102c59f425d6c67384cd7900ea5ac6b6276f31c726c.mp4
R2? It looks like R2D2
"Do everything possible to make it more accessible to do everyday payments. That's why I'm here"
🤝 https://nostr.download/ac8cfa097a07dac7755dfc9662f1261ffc3ad5ee641be9989db4243341b339e0.mp4
I'm a big admirer of nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyehwumn8ghj7mnhvvh8qunfd4skctnwv46z7ctewe4xcetfd3khsvrpdsmk5vnsw96rydr3v4jrz73hvyu8xqpqsg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q8dzj6n , and I mostly agree with his take here.
I agree that the electronic-cash narrative faded due to the prevalence of the digital-gold narrative. But I think the reason is that people have *more* need for a good store of value than need for trustless, private payments. Where there is no motivation, people will not used it.
We have to keep on working on freedom tech and good payment options, because the way the world moves currently, sadly more and more people will be motivated or outright push towards bitcoin as payment system.
₿hutan
once met one of my favorite bitcoin podcasters nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqg8g6e7yxkj2tycyu9q59q8f2th7z7lyy48u5fu3d0mrl8mnu49t5s02kql2 in real life and introduced myself. when he started to speak at 1.0x to me, I thought something is wrong with him.
There is a guy (won't name him, he's a lightning guru) whom I have to slow **down** to 0.8x to be able to follow... Incredible how coherent and clearly he can talk so fast...
It's also funny how the others in the conversation sound at that slowed-down speed :D
NOT EVERYTHING IN LIFE IS CARELESS FUN. AND THAT'S HOW IT SHOULD BE.
Convergent evolution is full of wondruous phenomena.
Evolution never stops to amaze me.