Too many shitcoins already.
Clearly they are not incentivized to run an LN node if they can use their contractual power to force customers to use their own proprietary tools (that give them KYC info and possibly new customers).
Clearly network effect is relevant with regards to messaging apps. Nevertheless, if you're in the position of changing you'r connection platforms, you can have a go with Mumble (instead of Discord) and XMPP (prosody highly suggested) instead of Matrix (that is heavy as hell). You could manage most of the others with bridges from XMPP, but at the end of the day all comes to how much time you'r willing to commi for the setup of all these stuff and backup management.
Basically you are proposing to replicate the fedimint approach
Cashu is just that thing that made bitcoin custodial-ity more spicy and better looking. Self-custody is always better off course, but if all custodials run with it Bitcoin industry would be so much better.
Plus, that's so simple and clever.
Big up!
#m=image%2Fjpeg&dim=1280x651&blurhash=i9Db%24t00%2C-PDE1n4Ee%25M%3FFMwemEl%5EORPb%5EIp%2C.o%7E%24%7BxwWAR-rrNu%253i%5DR-IqD%25%3D%7B%24%25I%3D%252i%5DOZs.5%3F%7EAM%7DNHM%7CNH-5F3wH&x=e268c96e909bcbdb32eacc6d0b65de8500b413aca96e29cde5f065a3e010bed9Lightning engineers are all wizards of the Lighning Magic !!
eNuts has reached 102 stars on GitHub <3
Incredible work nostr:npub1dx5q2el8nd4eh3eg9t2e25fd7zuqg7zxz6ldkc3uzgh66ss2yc6st288sj and the gang!
eNuts is an excellent wallet, well done
Does someone know why exchanges tend to use legacy addresses? Is there a technical reason for it?
Appreciate any answer
#asknostr #Bitcoin
From time to time I just sit truly thinking about what Bitcoin represents for humanity, and I cannot wrap my head around it.
There is so much stuff that Bitcoin can provide, so many problems that can be solved.
New scalability solutions changed completely my perspective on Bitcoin develpment and raised the awareness that 'all of us must be bitcoin developer'.
Code developer, if possible. Most importantly developers of ideas to make this tool ad dispose for humanity. We need everyone onboard to unbank the banked!
Lightning HTLCs can be atomically linked to Ecash HTLCs!
That means Lightning nodes can help each other receive funds even if they don't have any channels or inbound liquidity! User don't need to trust each other as long as both trust the same Chaumian Mint.
Soon™️ in Cashu
Anywhere to look at to understand how that's supposed to work? Thanks!
You have to do a swap between the mints, that is basically an LN transaction. It does that automatically
Bitcoinology video is quite good. Then surf all the content that Gibson put in the lesson materials
https://www.youtube.com/watch?v=VwMzNE1D3so
Off course the cashu documentation helps a lot
The ones complaining and hating on social media usually are the more subdule and useless snakes of our society. Snakes can easly be kept under control with stick.
Dear old respect, so undervalued when entusiasm is blossoming. I agree, we need humility and respect.
Distributed assassination markets are somehow scary, I would say
Worst case scenario: bitcoin becomes just like the internet as of today, ao basically centrally owned and survailed massively.
Best case scenario: bitcoin grows organically as a tool that people actually use, therefore we can enforce way more self sovreignty.
In both cases, Bitcoin will have won...if it becomes centralized as internet platforms there will be still a chance to be sovraign, because no one can stop you just like nodoby can stop you self hosting your stuff instead of using others' platforms.