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Brian Lockhart
cf17b2f7130c540ea61a5a82c401f9ba27661b28383ac11d87b0abc98bc477f6

Bitcoin L1 works just fine when it’s offline.

Lightning? Not so much.

We’ll quietly admit (privately among insiders) that it was an inherently complicated and fragile design that we honestly took way further than we should have. Then go back to layer one Bitcoin usage until someone comes up with a better idea.

Been following this bot for awhile now, morbidly watching the senseless (and expensive) deaths of LN channels being forced closed. Can’t help but wonder how many of the recent uptick of them were from this new-ish “asynchronous payment” flaw, that nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 seems to have inadvertently discovered? nostr:npub1yxp7j36cfqws7yj0hkfu2mx25308u4zua6ud22zglxp98ayhh96s8c399s any way to tell / any telltale signs? nostr:note1f0elgvzddpd6pr75hjpd4seejptm5aqqsd5m2wu8yy0sjq57467s0zcd43

Maybe having the node in the phone isn’t such a great approach after all…

The quest for good UX in a mobile but noncustodial LN wallet is a perilous one. nostr:note1h0lqfkm0neywkmsvuyv69gfgfa6pwmj6aay9vau804hrpgvlfkhqszvfj9

Replying to Avatar OpenSecret

We have recently disabled the ability to zap nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 wallet users from Mutiny. You may still pay their invoices or LN addresses normally but a big problem we were seeing was force closed channels due to stuck payments to Zeus due to their work arounds with locked payments. Which harm both the user experience and other lightning nodes on the network.

Since nostr users are mostly unaware if they're zapping Zeus users or not, we are taking this step proactively to protect users from having a 10 sat zap costing them serious on chain channel closing (and reopening) fees.

The approach we are working on for solving lightning addresses on mobile wallets is a fedimint hybrid approach where the sats end up at a federation if you are offline but get swept to your self custodial channel when you come online. Payments will settle instantly with the federation and it won't lock up unnecessary HTLCs on the network.

Ideally we get the ability to do offline receives normally on LN but that future is looking really grim with LND's continued priorities on shitcoins instead of features, and offline receives depends on a network wide upgrade.

We petition Zeus to move to a more responsible node implementation like LDK unless their plan is to add shitcoins or break LN further.

Lightning Network - for when you’re perfectly comfortable and knowledgeable about how to send and receive Bitcoin on main chain, but REALLY want to increase the complexity and risk of loss. 🙄

Zapvertising hittin ya like

Yeah, I've sniffed around both of them now and don't get the appeal; they're both just centralized weak knockoffs of X/Twitter, but with all the "safety team" hall monitor Karening of old Twitter. If that's the censorship ridden "I support the current thing" narrative bubble echo chamber you enjoy, why not just stay on Facebook?

Yikes, just got an invite to Bluesky and had completely forgotten about it / feels like I signed up for the waitlist years ago… Haven’t even heard anything about it, it’s got less buzz than even Threads lol.

“It is strictly necessary that the longest chain is always considered the valid one.”

The bits are coining tonight.

Enjoying a rare “headphones playing music, not Zoom meetings” work mode moment.

https://wavlake.com/track/ff66bca3-726c-4542-a058-736b53c3fa9f

Es mejor acumular cada día incluso cuando el precio sube, que esperar una caída que nunca llega.

Replying to Avatar negr0

It’s going up forever, Negr0.

Sorry, your only options in America are the $40k barebones package, or the $75k package if you want rear seats too.

“Dad, no way can a bullet go through that.”

(Laughs in 5.56 greentip)

Same reason you’d want to run your own Bitcoin node, control your own Bitcoin private keys, etc. - to be more self-sovereign and less dependent on 3rd parties.

find me 10 normal people out in the world who even know what PGP stands for, let alone have their own keyset. (non-engineers, nontechnical types)

I'll wait.

As with nearly all things PGP, nobody bothers to use it. Plus, PGP verification isn’t part of any nostr account verification mechanism I’m aware of? See the NIP05 link I posted, good jumping off point to learn more about the protocol.