I was recently trying to remember something about lightning: how "LN penalty", the current mechanism, makes multiparty channels not work. This is what I came up with:

Suppose A B C are in a multiparty channel and each hold commitment transactions of the normal form: output 1: to remote X, output 2: (to local Y after time delay, to revoc. secret Y immediately). The obvious problem is, "to revocation secret" - *whose* revocation secret? Obviously "Alice gives revocation secret to Bob and Charlie" makes no sense; then they're competing over the punishment funds.

A little thought and you might come up with "split it equally". So the idea there would be, instead of "to me after delay OR to to them with revocation secret", change it to "to me after delay OR to a multisig script for A and B and C with revoc. secret" and, to revoke old state, as well as sending revoc. secret, sign a payout, from that script, to B and C with a 50/50 split. Setting aside a counterparty going offline, this is still terrible: imagine Alice tries to revert from having 0% of balance to having 100%, then the punishment gives 50% to B and 50% to C. But if Bob was colluding with Alice, Alice now has e.g. 25% (half of Bob's share of the punishment). I'm deliberately glossing over how the B and C balances were at the time of the contract breach, because even this is enough to see that it plainly doesn't work to just say "split the punishment between the honest parties".

This is why both covenants and sighash_noinput ideas are powerful: they can push state forwards, i.e. "enforce a contract" rather than "take corrective action when a contract is broken".

The latter requires *justice*, which is to say, it requires apportioning blame (if A breached, A is clearly to blame, but that doesn't mean B and C aren't!). The former does not; at least, if the contract is well written.

Never been the type to KYC right away even when asked to do so.

Always use fake info first and then see how that goes. I either give up if it doesn’t work and if I don’t need it, or submit to if I have no other choice.

> Anyway, Israel should feel free to just nuke Iran from existence

This shows same lack of empathy and respect for other humans that Peter Todd accuses evil countries like Russia, Iran, ... of.

Bitcoin may makes war unaffordable but it won't fix the cruelty some humans.

Peter does not care about wiping out millions of innocent kids, women, men that just happened to be born in the wrong country and not in a peaceful one like himself.

By his logic how many other countries - of people not overthrowing their evil regimes - should be wiped out to get rid of all the evil people? Wipe out 500m, 2bn, 4bn?

This has nothing to do on which side you are. This is about being human or being a soulless warmonger that has no problem wit killing hundrets of million innocent people just because he thinks to know every aspect of history, powers at play and also has the moral high ground about that topic.

Batshit crazy and disgusting.

NOPE. THEY BOTH COMMITTED TO SUPPORTING DEVS. THEY ARE LEGIT.

THE OTHER ETFS DID NOT SUPPORT DEVS. ONE SPECIFICALLY WAS GOING TO AND PULLED OUT AFTER TALKING TO SAYLOR. I DO NOT FEEL COMFORTABLE MENTIONING WHICH ONE BUT IT WAS INCREDIBLY DISAPPOINTING. I TRIED TO HANDLE IT PRIVATELY BUT IT HAS BEEN OVER THREE MONTHS SO FELT LIKE IT SHOULD BE MADE PUBLIC.

I'm so frustrated from Linux. I want to smash my PC but I'm not giving up.

the problem with this is that hosted wallets are often eshops and those are the ones that have to comply.

so you would have your lightning wallet and can't pay anyone legally

so what they are really promoting is the emergence of parallel markets and proxy merchants. I guess they really don't want taxes from the Bitcoin economy.

nostr:note1tl2fw4h2ysypcm2h7j9xc0x9c6ujwtsgqvtjun8f06c6yrzsuc3qu38cgn

So before #100aDayUntil100k was a thing, I was trying to do 50 #pushups per day, but kept failing just due to time management throughout the day (and, no, couldn't just pump out 50 all at once before bed).

So instead I've been aiming for 1 set of 10 every hour that I'm awake (so, ideally, ~160/day). Gets me up from my computer and gets the blood pumping more often.

REALLY enjoying this approach, even if I miss a few hours.

🧡 BitTorrent 🧡