Custodial lacks privacy for both sender and receiver, as the wallet sees everything. self-custodial mostly lacks privacy for the receiver.(you have to know where to send it)(But there's always a chance that the node routing your payment could be a secret spy node working for chainanalytics and figre out the sender too.)
This is a really good resource.
There is actually a very widespread misconceptions about privacy benefits Lightning. If you use custodial, you have no privacy (from your wallet). If you use noncustodial, the receiver has bad privacy. For the sender, you may have good privacy, but there may be an active surveiller if they are doing active routing surveillance.
It's definitely a good thing to have around. No need to keep money in e-cash form though, but it's there if you want to, let's say donate to something really sensitive, get some e-cash, send it to them, (through signal or Nostr DM,) they cash it. I guess that's the thing, you text message or nostr post or email someone a cashu note. There's no chainanalytics or off-chainanalytics (Lightning surveillance) that can be done on it.
Special Report: Tesla workers shared sensitive images recorded by customer cars
While some postings were only shared between two employees, others could be seen by scores of them, according to several ex-employees.
Cashu is an implementation of E-Cash, or Chaumian E-Cash, named after David Chaum, because, in the 80's he invented it and made it into a company in the 90s. Of course his company used US $ as the base, instead of Bitcoin, but it's a way of issuing 'tokens' or 'note' which are long strings of numbers, issued by a mint, In exchange for, in this case, bitcoin. The string of numbers exists not in a blockchain on the web, but ON your phone when you possess a cashu note. The mint doesn't know who you are, but they are sure that they issued it, and how much the note is worth. So, if someone gives you a note, the first thing you do is make sure it hasn't been used before by checking with the mint, if not, you give it to them, and get a new one. This way, you don't have a note anyone knows you have. You can pass it to someone else or you can give it to the mint, who will give you sats. The mint knows nothing about you. You got your sats, but the mint doesn't know who you got it from.
Coinbase just got a license to operate in the Bahamas. Gemini announced on Thursday an office in India.
They are shopping around for other jurisdictions.
The US doesn't want tax revenue, if it comes with freedom, they would prefer debt.
Reposts are great! Discovering new accounts is still a bit wonky and varies from client to client. Some global feeds do friends of friends. But sometimes I feel like I don't see people because of what relay? (but not sure)
So Onlyzaps, for a while I thought it was a Nostr-based Onlyfans-clone. I was wrong. (Although it still could be.)
Either way, I think likes are a good way to say, "hey, I like that." Or, "I agree," but maybe not "like it so much I part with sats that will one day be a dollar each."
Just because someone didn't like your thing THAT much (enoughto zap), it's cool not to get complete radio-silence. (It took me a while to break through Nostr. I kinda still am.) But does hitting the like absolve the person of 'duty' to provide value? IS THERE any duty to provide value to others? Of course not. It's just being nice. So whatever people feel like doing, it's up to them.
(Side note, I highly recommend Wallet Connect, now I don't have to open another app to zap. Also, if you pick and choose your zaps 'too much' (whats too much?, anyway) just lower the amount you zap.
If you are shooting someone with a fake megaphone, it's not just a comment.
But yeah, seeing more and more banned accounts these days.
It's been happening more and more.
Everyone listen to Troy Cross' part. Starts around 1:00:15 it starts to get clear that if you didn't know by now, it's officially the "and then they fight you phase."
The yield farming thing really took off everywhere, didn't it?
"190% APY"? Wow.
Mica, a European crypto regulation bill passed. Not that bad. The US's will be way worse.
However, their Travel Rule (a rule requiring kyc info to be included/attached to the transaction ) for transaction over $1000
Luckily, the law was changed to only include hosted wallets and not peer to peer (real) Bitcoin payments, just payments on exchanges (which already have no privacy)
Not too long ago, Bluewallet got canceled for a bit for making functionality to allow complying with AOPP (Travel Rule) (They removed that functionality pretty quickly, but looks like they didn't end up needing it.)
I see parallels between the recent crackdowns on Bitcoin by the US government and Elon "walling off his garden." First with the "basically anywhere link ban", now the more recent 5ubstack link ban. With both money and information, free and open networks will win.
ICYMI in the #onlyzaps excitement today, yesterday #[1]โ released an incredible new #nostr tool: zapworthy.com
Hereโs the global feed: https://zapworthy.com/#global
I highly recommend you check it out and then zap Pablo โก๏ธ nostr:note178ts0rl7wru5pey43r57emsznqqv7ymvtgze5vesntkc2dy7kcysgmxcp9
Do you know if that chrome extension that you have to rebuild is desktop only? Or can you do that on mobile?
Is that just a Damus thing? (I just liked this post, and so did someone else) (I use Amethyst)
Had no idea Thong Song featured a Eleanor Rigby violin.
