Yep the mixed messages and contradictory actions which typify politricks. Best we remain vigilant and focused on a bitcoin native proof of work
Imagine you make a company that provides some service, but then you explicitly invent a new language & force users to speak it in order to use that service.
Then you argue: "The utility of our service will make everyone switch to speaking our language!..."
This is "Crypto
- nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
#BitcoinTwitter
Ping on B
True… Delly is heavy
Everytime I zap someone vie Lightning from my wallet, it takes 5-10 seconds for the zap to settle and for everyone to see it happen on nostr.
Everytime, I think "this could've been an instant nutzap". "Tap, boom. Tap, boom. Zap zap zap. I would be zapping so much more."
The reason a nutzap is instant is obvious. At this point, I hope that everyone knows that a Cashu nutzap is just an instant transfer of an IOU from one user to another.
Let's step back and look at a pure Lightning zap on nostr for a second. We all know that the vast majority of Lightning zaps is effectively an exchange of one custodial IOU against another one as well. Most people use custodial wallets. So why is it still so slow? It's the Lightning settlement between the two custodians that often takes 5-10s to complete. Note, some users actually do run their own node, manage channels, run LNURL servers, etc. But they still get the same UX.
Here is an idea. Let's say a user doesn't want to use Cashu. Pure Lighting maxi which I think is great. I've been a Lightning dev for years before I started working on Cashu. This user could still be nutzapped and even remain fully self-sovereign if they run their own node.
What if the receiving user's Lightning wallet (custodial or non-custodial) was able to melt all nutzaps it receives by watching the nostr wallet ("nutsack") of its user? Either for every nutzap or whenever enough nuts are accumulated, the service could withdraw the nuts to the user's real Lightning wallet.
Effectively, this would improve the zap UX by showing everyone an instant zaps. The receiving user's custodian (or themselves) would have to run something like a nostr-cashu-wallet-watcher on a server to receive while being offline, but they have to run a Lightning node and LNURL and all that anyway (they already have a server).
Even without a server, normal nostr clients without true nutzap support could withdraw all nuts accumulated while they were offline back to their Lightning wallet everytime they come back online. The only real difference to a normal zap is that noe it's the receiver's job to settle via Lightning, not the zap sender's.
Nevertheless, zaps on permissionless social media like in nostr will never be completely trustless. They can't solve the sybil problem for instance. If you want, you can zap yourself an infinite amount of normal Lightning zaps on nostr without moving s single Satoshi. We faked zaps in the early days like crazy just to have fun.
But it actually turns out, all that doesn't really matter too much at all. First, people seem not to abuse the sybil issue. We had fun for a few weeks but then it got uninteresting There is not enough to gain, no algorithm to fool, no benefit of lying (at least not yet). Second, zaps are literally free money given to you from a random person. Why would someone rug you if they want to literally gift you money? It doesn't make much sense.
I think we have a lot more to learn. nostr:nprofile1qqs04xzt6ldm9qhs0ctw0t58kf4z57umjzmjg6jywu0seadwtqqc75spz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9mhwden5te0wfjkccte9ec8y6tdv9kzumn9wshszxnhwden5te0wpuhyctdd9jzuenfv96x5ctx9e3k7mf0dv4ph5 recently said he thinks we have explored 1% of what zaps can be. He might be right. I think the reordering of events that a bearer zap system like with Cashu brings could open new doors for insane UX and it looks like we're actually going to find out. We have zero-config wallets now. Imagine how cool it is to bring your money wherever you go with your nsec.
Keep exploring, cypherpunks. We do live in the best of all times. Bullish on Bitcoin, bullish on Nostr, bullish on Cashu 🧡
Thank you Calle. Respect Always
I couldn’t say cos politricks is such a shame. What I can say is he’s got to be the most interesting leader out there. He appears to be doing something original and challenging
When you use someone else's terminal and vim: command not found
https://video.nostr.build/6f3a86f3eae437da6171ed110c11835914f303501ce343b711e0b8bdb517efbc.mp4
LoLz!
In the fine lines of O’Dell… live free baby!
I rate Cathie. Staunch & Clear
Just a heads up, now is a great time to set up a lightning channel. 👀 I’m finally giving nostr:nprofile1qqsrf5h4ya83jk8u6t9jgc76h6kalz3plp9vusjpm2ygqgalqhxgp9gpzpmhxue69uhkummnw3ezumrpdejqz9nhwden5te0vf5hgcm0d9hx2u3wwdhkx6tpdsq3lv9y a shot.
#bitcoin #lightning #lightningnetwork
Go Bro!
I hear you Delly… and it’s the worst kinda debt… and it’s being cranked by working ppl with the better credit profiles
"Philosophers have only interpreted the world, in various ways; the point, however, is to change it"
Truth… shaping the world is in our gift
I share this sentiment but have to admit it’s a selfish one on my part. As we know bitcoin is truly for everyone. In words of Michael Saylor ‘we find bitcoin when we most need it’