If you add a twisting motion then its a purple nurple.
Pablo may I have permission to make you a donation?
GN 🌙🫂🧙♂️💜⚡ nostriches
Descansen #plebs #nostr 😚
https://video.nostr.build/edf9b35b311af50cd297ec90db04edf7622d5d744ddbe811e15bb06e7486316c.mp4
laser nips until bitcoin rips
You can now Zap with Cashu! 🚀
https://video.nostr.build/70bc863ad94891e7f54f00b94ddedc3384081ea76049611f193ccd5f0f0b08c7.mp4
Incredible! This is nuts!
yo nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 I’m really happy for you and ima let you finish but…. 
wat
ACINQ put the node in the phone in Dec 2017
What's the best way to publish long form notes? I'm too lazy to run a blog. What is yakihonne?
YOU CAN'T HAVE ANY PUDDING IF YOU DON'T EAT YOUR MEAT
Except you're not just sitting on this little old woman's chair. You are also sitting in half a dozen other people's chairs taking up space. The 5 minute limit has to be negotiated by all chair owners. Also, if you sit in the chair too long a portal to the underworld opens up and swallows the chair and also some cash from the little old lady's purse and one or more of the other unlucky chair owners. It's not a cut and dry analogy any more.
The classroom is a magnet for authoritarians. Assuming you don't have the bandwidth to homeschool your kids, the best thing you can do is teach them how to effectively deal with these people.
You make a compelling argument about charging for the use of HTLCs. There's definitely some protocol work to enable this use case more widely.
I think with the rising price of bitcoin the value of payments on LN will increase and there will be a use for non-custodial async payments. It is super niche today but will become more necessary in time. So thank you for pushing the tech forward. I also think there will always be demand for custodial payments that have to make less engineering trade-offs and can deliver a better UX. This is a much much bigger market IMO.
What *I* find cool is imagining how to scale up privacy tech to the rest of humanity who are (let's be honest) never gonna give a shit about the cypherpunk ideals of bitcoin. I want to offboard enough people from fiat to degrade and destroy that system and move the whole world to a better system. I think ecash is perhaps the most promising new tech in this regard. I am keenly watching the development of covenants and payment pool proposals. If that effort goes well it could obsolete a lot of what we're talking about in this thread.
It's not about "being nice" it's about understanding the incentives and behavior of the network as a whole. Some uses are technically possible but incentivize the whole network to move in an undesirable direction.
nevent1qqsfesn6d0ht3mh4dwyvzjvr8ldfmnqemuzqn7ux5xhr6t9pmkc9vfqprpmhxue69uhhyetvv9ujucm4wfex2mn59en8j6f0qgsdxpfv503a2ga3ajqxw843hws9z7302ghpj4mcmjpa6qagmp9pwrsrqsqqqqqp5rcwul
metal 🤘
welcome to the USA!
Well, not the only downside. Wen edit button?
The mint could go down. This is why people will form a social reputation layer around which mints are trustworthy. I think this is a better scaling solution than a lightning based reputation layer.
If hodl invoices achieve wide adoption it will have an outsized impact on the network. A lot of things will change but let's keep it simple: it will push the entire network toward a reputation based system. This is bad for a permissionless network. Ideally, I should be able to spin up a new node, commit capital, and send payments with a high success rate. But now everyone is suspicious of unknown nodes. They're tracking your invoices to see how long they stay open. People run block lists and maintain a database of surveillance data. We already see this happening with channel probing. Maybe it is inevitable, idk. But I certainly don't agree that we should run toward this outcome. ¯\_(ツ)_/¯
In my previous reply I was facetiously describing ecash, which IMO is a categorical improvement for the async payments model. The sender does not need to be online for the recipient to receive payment. This is the role of the central server or "mint". It's just wheeling and dealing lightning payment promises all day, blind to the identity of its users. With the advent of DLEQ proofs, you can even trustlessly transfer ecash offline as long as the recipient knows the public key of the mint. People complain that the mint can rug you but is this really different than when a hodl invoice expires and you get a channel force close? I contend that it is not. This design adds a central party to facility async payments, improves privacy, and doesn't push negative externalities onto the network at large. The only downside is that you can't yet hack something together in a weekend. Or maybe you can...the gap is closing fast!
wen autotitties
You are holding HTLCs open on all nodes along the route. HTLCs are a limited resource and those nodes are not being compensated for the use of this resource or for the increased risk of force closures.
You make a valid point that they can change this setting but this brings unrelated externalities. HTLC delta was included in the protocol to allow a grace period for node runners to reconcile failed payments on chain. Your use of this resource for economic purposes muddies the waters. I can understand why routing nodes are upset about this. It externalizes costs to the entire network.
A different design would resolve this conflict. What if both parties could use some sort of bearer asset that represented a potential lightning transaction? This asset could be issued by an always-online service, locked to the recipient, transmitted via any data channel, and redeemed when the recipient comes online, at which time they issue a LN tx to convert it to self-custodied sats. Sort of like a paper claim to some bitcoin. Like physical cash but electronic. Electronic cash! We can workshop the name. But what if it had even better privacy properties than lightning? I think we would really be on to something! What do you think??



nostr:note1km6rtdsxdtluft86rcu0u5elg29k70l2n3n3mz54s8zr2wjlvazqatkj4k