remyers

#bitcoin #mesh #eltoo #anyprevout #taproot #bolt12

lno1zrxq8pjw7qjlm68mtp7e3yvxee4y5xrgjhhyf2fxhlphpckrvevh50u0q0fpur5ezagkrszpfuyqvpw27kkyw9gnhl98c3w75hdadwz00jmqsqsr73zphy9alpauz89rs56m27cwyw3nwhhsdgj9nypa6ljxcnq5qf8sqve6fzk2nestscasjl5zct4a6kmeks9nxwjnchtllr8cv73z3c72gljcze9ejfz3856r0d3r0h29fr8rfwwmq2nfm9fjy2j380fnz65ulqhcdsgr8m2thr63ga44nnzj30e927gexqqs45znd4hfeha55kemx03zzr0gau

Public Key

npub1yakm7yssey6y2jxulr7gy62ca9704pclnqjwzxmqetqyqa4t97uq9vr5aj

NIP-05 Address

remyers@yakshaver.org

NIP-57 Address

remyers@stacker.news

Profile Code

nprofile1qqszwmdlzggvjdz9frw03lyzd9vwjl86su0esf8prdsv4szqw64jlwqpz9mhxue69uhkummnw3ezuamfdejj7qgwwaehxw309ahx7uewd3hkctcklsze0

Publishing to

nostr.wine

nos.lol

Author Public Key

npub1yakm7yssey6y2jxulr7gy62ca9704pclnqjwzxmqetqyqa4t97uq9vr5aj

Show more details

Last Notes

2024-09-06 21:03:47

Bolt-12 tips while streaming on Twitch was a big success! Still early days, but hopefully this gives a taste for can be done.
Thanks to everyone who stopped by to watch and especially to those who tipped!
https://www.twitch.tv/youiste/clip/FitBoredTrayTwitchRaid-zMb3RQSmvvcUmuby
#LightningNetwork #Twitch #Minecraft #Bitcoin

2024-09-06 20:08:23

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Ya Phoenix or CLN or new LNDK plugin, Bolt-12.org has a list

2024-09-06 19:50:59

#twitch #gaming #lightning #minecraft #bitcoin
#nevent1q…ut0q

2024-09-06 19:39:01

Still streaming for Bolt-12 tips at
https://twitch.tv/Youiste
Come take a look.

2024-09-06 19:36:44

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https://image.nostr.build/1d1bcb6c7591b92045df45d3bc28269265b83e32664e0bf1fd9d59c72f4bb774.jpg

2024-09-06 18:40:33

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Youiste will stream Minecraft starting at 15:00 EST / noon PST / 21:00 CET
https://www.twitch.tv/youiste
Please come and help rain some sats on Youiste with your favorite bolt-12 Lightning wallet!

2024-09-06 18:14:11

An hour until we go live! Join us for some Minecraft Twitch streaming powered by bolt-12 ⚡ tips!
- self custodial
- self hosted
- private for tippers
- private for streamer
- no PayPal fees 🤑
#nevent1q…0mxp
#minecraft #twitch #bolt12 #gaming

2024-09-06 06:05:52

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Sometimes I think about the alternative timeline where the HD DVD private key was not exfiltrated and so movie piracy never took off and then streaming never became a thing.
https://en.wikipedia.org/wiki/AACS_encryption_key_controversy

2024-09-06 05:42:10

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Great! just putting the finish touches on a very basic set of instructions. I would love to have someone else try to follow the setup steps and give feedback.
After you get it working I'm sure you'll have some suggestions for what to add or change.

2024-09-06 05:34:41

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My son will demo the bolt-12 tips system live today on his Minecraft stream, details to follow.
Excited that our little father/son project has finally come together!
https://image.nostr.build/bd709575065c11a79fe29568ce2b16b205a3193be2e0d45ee481fb97384f3b1f.jpg

2024-09-05 17:13:21

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Same in Sweden, and the real joke is people don't even realize that they are working as serfs for their government overlords. At least serfs did not fool themselves about who was calling the shots.

2024-09-05 10:38:43

Any Twitch streamers out there interested in receiving Bitcoin via bolt-12 ?
I'm playing around with a self custodial solution that you can run on your PC. I'm looking for feedback on what features are important.
https://image.nostr.build/f4494f26bb80a1396e83760ddf862f4aa3196a7337224b23ab17347071e31466.gif

2024-09-03 11:10:04

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When I was 17 I had a "free reading" class where the only work was to read a certain number of pages and write a book report for each book I read. To minimize the number of reports, I selected the largest fiction book on my parents book shelf - Atlas Shrugged (800 pages). I've been skeptical of government economic and cultural propaganda since.
It's been a gradual awakening about other topics since then, but 2008 made me very awake about classic investing. Although I took the wrong lessons - I should have double downed on leverage and buying stocks instead of into mostly cash and SPY.
It wasn't until Bitcoin that exactly how the economic game has been played by those in power has started to make sense.

2024-09-02 11:30:48

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I have their bolt-12 addresses in my Phoenix contacts list. It's very easy to pay them now even if they're not home when I do it. Works just like using Cash App now 😁

2024-08-16 17:33:55

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What kind of flooring you going with?
I've been dreaming of laying a water heated floor in the basement with miners providing the heat. Bonus would be to switch the heated water to something like a pool in the summer. Though tbh we can use the heat 9 mo of the year.

2024-08-16 11:35:52

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or maybe there just hasn't been any real good new music created since then.. 😁

2024-08-05 15:14:37

"There has to be regulation. This has to be applied and agreed upon ... at a global level because if there is an escape that escape will be used," - ECB President Lagarde.
Also...
"BREAKING: The S&P 500 has added 100 points, or ~$900 billion of market cap, since trading platforms crashed this morning.
It's been 40 minutes since the market opened and users on Charles Schwab, Fidelity, E-Trade and Robinhood are still unable to trade."

2024-08-03 21:11:15

For everyone that was complaining "Lightning is broken" when on-chain fee rates were high, you can now splice in outgoing or rent inbound liquidity at rock bottom rates.
https://image.nostr.build/6b4c684d61f871e3a54f150dee097848904424b4235e3a1950674294dc78aeb5.jpg

2024-08-01 14:05:52

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icym https://image.nostr.build/c9c3f3cb8d528b7a3d69257ce25d00f87b5b002fd76c4582b8d97bec850cbf5c.jpg

2024-07-21 05:40:57

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User Data: 545 kB

2024-07-19 16:07:11

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Go ahead and check ✅ "IT Mayhem" on your 2024 bingo cards folks.

2024-07-16 07:16:49

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Vance's questions to Powell on this topic are interesting:
"Now, I know the strong dollar is sort of the “sacred cow” of the Washington consensus, but when I survey the American economy, and I see our mass consumption of mostly useless imports on the one hand, and our hollowed-out industrial base on the other hand, I wonder if the reserve currency status also has some downsides, and not just some upsides as well."
https://www.vance.senate.gov/press-releases/icymi-senator-vance-questions-chairman-powell-on-the-u-s-dollars-reserve-currency-status/

2024-07-13 14:54:25

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@nprofile…p6pj also recommended this site:
https://dnssec-debugger.verisignlabs.com/yakshaver.org

2024-07-13 13:19:29

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oops, missing example link: https://dns.google/query?name=ben.user._bitcoin-payment.btcsessions.ca&rr_type=TXT&ecs=

2024-07-13 13:18:39

Useful discussion on Xitter about how to check if your BIP-353 DNS records have DNSSEC setup correctly:
Almost there! You must enable DNSSEC on your domain.
This should contain "AD":true

2024-07-13 07:43:28

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Bolt compatible Lightning wallets are stronger together 💪

2024-07-13 07:02:22

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#dnsmaximalist
https://image.nostr.build/f596556638796b9cf6c48df5371f2e71ce4c3a08e49a489cca077dabd2b9d75e.jpg

2024-07-11 18:23:01

"🧪 Phoenix now supports BIP-353 LN addresses
To create your address (must have a channel):
- android: Settings > Experimental features
- ios: soon™
- server: ./phoenix-cli getlnaddress
Phoenix (android/ios/server) can all send to both BIP-353 and LNURL addresses"
https://x.com/PhoenixWallet/status/1811442125801705638
Now we just need nostr zaps support for BIP-353..

2024-07-06 18:53:04

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I think it's a matter of if you can support the LN address functionality via standardized LN wallet API. Could take awhile but we need something similar to support Ocean mining payouts so could be it happens sooner rather than later.

2024-07-06 18:25:38

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I took a quick look at https://nostr.how/en/zaps and I think the payer's nostr app needs to pass to the payer's Lightning app via an API call:
- the static invoice of the note's poster
- an ID for the zap that the payer's LN app should include as a note with the payment
- the sats amount the payer selected
The zapper's nostr app can then post a note about the zap with the ID, amount and relays to respond to. This should be possible without nostr specific changes to Lightning clients.
The note lets the zap receiver know what note was zapped. I'm not sure how the zap receiver can confirm the zap though. They would need their Nostr app to query their Lightning app.. or maybe the other way around?
Then they can post the confirmation note to the relays specified by the sender.

2024-07-06 17:36:12

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Hmm ya maybe it's way harder than it seems, as is most things in Bitcoin 🫣

2024-07-06 03:49:56

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What happens if a tyrant starts gobbling up these small Lichtensteins? I agree it would be better to have many microstates but history shows you also need a way to prevent forced consolation. Or maybe with Bitcoin you can reduce the incentives to invade?

2024-07-06 03:45:48

What's it going to take to add a bolt-12 offer to my nostr profile so that it's used for zaps?

2024-07-04 01:54:42

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Obtanium app store is also worth a look. 😉

2024-07-03 19:02:16

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Check out Phoenix or phoenixd - just released bolt-12 support today!

2024-07-03 18:59:35

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On Android it will wake up your phone to receive the payment, this seems to work well. I assume it will work the same for iOS.

2024-07-03 17:22:56

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sitter: https://x.com/PhoenixWallet/status/1808547083772965084

2024-07-03 17:21:49

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This marks a new step forward in Lightning UX. No need to generate a new QR code for every payment. No need for payer/receiver to interact.
Phoenix Android (soon iOS) also supports contacts. Send money with a click, and associate payments to your known contacts.
https://image.nostr.build/ff7567e255acbce0e355e620fbfbdcc3c4648547f3cd0d40667668da7570492b.jpg https://image.nostr.build/c310182d77e2a543e69ac4ac89d32f0d9130bb8683e2d2773227ee9ca5b7d28b.jpg

2024-07-03 17:17:26

Zaps now accepted directly to my Phoenix android wallet here: https://image.nostr.build/78ae4e46cd70285682b2e93c41757a54b4b49f0c6720bc132b3195048aa72837.jpg

2024-07-03 17:12:42

New major release! Phoenix Android/iOS/Server now supports BOLT12:
- reusable, non-expiring payment requests
- contact list (Android for now, iOS soon)
- attach messages to payments
You can now receive payments to a static bolt-12 offer via Phoenix and keep a list of offers in your contact list! https://image.nostr.build/4e472eb1a795bcf9c5e0cf588c90864ce74cb952e900b209465751e4ca1882e8.jpg
See also bolt12.org

2024-06-07 14:18:47

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Thanks for getting to the bottom of this @npub1m0n…d0un
https://image.nostr.build/39c732b827349e72962617708319e54e0caf5221700a3340d1511cd961dbabad.jpg
"OKX started a major consolidation operation about 4 hours ago, at a more sensible ~53 sats/vb.
but since then they've been gradually bidding against themselves, until now they're trying to pay 350+ s/vb"
"It's not the first time this has happened"
https://mempool.space/block/00000000000000000004cac9261f0304ecbe1bf19606e8d4668903356b5e2ef8

2024-06-07 13:11:16

Can anymore explain why these txs are doing? Seems like they are consolidating 2 of 3 multisig outputs at a crazy high feerate. It makes no sense!
🤪
https://mempool.space/tx/86ce0d00cf25c3f92d79a3a1349e71b681733d78cacceeee36948d22ced3ff3f#flow=&vout=0

2024-05-28 14:00:37

I manually fuzz test my code by making lots of implementation errors along the way...

2024-05-27 19:42:11

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How about international?

2024-05-21 06:14:40

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this blog post also asks that you add as the purpose:
"U.S. v. Rodriguez & Hill (Samourai Wallet)"
https://blog.ronindojo.io/samourai-defense-fund/

2024-05-21 05:46:21

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Marvel has been on a downward spiral for awhile now. Check out the "Invincible" cartoon series to cleanse your super hero pallet.

2024-05-14 19:14:40

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Note also that this is typical ninja KYC after they've got their exchange fee and your btc.

2024-05-02 20:22:38

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Don't write off APO. It's a simple but powerful way to improve Lightning while also enabling covenants without additional soft fork changes.

2024-05-01 08:47:47

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RE: privacy, "Let a thousand nodes bloom." Bitcoin and Lightning were *designed* for this fight, centralized implementations have been an efficient way to popularize and bootstrap the network, but expect something like the transition from Napster to Bittorrent going forward.

2024-04-27 13:26:11

Bitcoin has forced the banking system to make same day bank-to-bank transfers possible. Would this have even happened if Bitcoin had not shown this was possible in practice for large transfers? Would the banking system have felt compelled to make it possible? I honestly don't think so. Think about that when someone natters on about how governments will somehow stomp out Bitcoin. It's too late.

2024-04-26 20:17:46

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It is not reasonable to expect a small group of individuals developing critical Lightning technology to put themselves at risk of criminal charges from the global hedgemon. Better to avoid conflict for now and continue the mission to develop the technology. Once the LSP model has matured I can imagine an end game where a thousand small LSPs bloom. That's how we fight back. "Let us proceed together apace."

2024-04-26 15:25:55

"On May 3rd, 2024,
@PhoenixWallet
will be removed from US app stores.
Users from the US should empty their wallet:
- Settings > Close channels (Android)
- Settings > Drain wallet (iOS)
We highly recommend *not force-closing* channels, as on-chain fees could be significant."
https://image.nostr.build/63b559a1c8bb433cb1aa512a196c11cc640c16428dee9ccc5823ee6ab9f7695c.jpg

2024-04-25 05:44:33

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Aren't dual funded channels / splices essentially payjoin for Lightning?

2024-04-24 19:05:55

Reposting from bird site post by Laurent MT. "Here we go again"
"...the defendants, developed, marketed, and operated a cryptocurrency mixing
service known as Samourai Wallet (““Samourai”), an unlicensed money transmitting business from
which they earned millions of dollars in fees. Samourai unlawfully combined multiple unique
features to execute anonymous financial transactions valued at over $2 billion in cryptocurrency
for its customers. While offering Samourai as a “privacy” service, the defendants knew that it was
a haven for criminals to engage in large-scale money laundering and sanctions evasion. Indeed,
as the defendants intended and well knew, a substantial portion of the funds that Samourai
processed were criminal proceeds passed through Samourai for purposes of concealment. Indeed,
during the relevant period, Samourai laundered over $100 million dollars of crime proceeds
originating from, among other criminal sources: illegal darkweb markets, such as Silk Road and
Hydra Market; various wire fraud and computer fraud schemes, including a web-server intrusion,
a spear phishing scheme, and schemes to defraud multiple decentralized finance protocols; and
other illegal activities."
https://www.courtlistener.com/docket/68467223/4/united-states-v-rodriguez/

2024-04-20 08:40:18

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😬 is layer one "ru(i)ned"?

2024-04-18 19:21:30

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Name the Libertarian paradise with these policies:
- privatized 1st class mail delivery
- voucher system for private grade schools
.
.
.
🇸🇪

2024-04-17 10:46:02

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Exciting to see Bitcore 27.0 includes Topologically Restricted Until Confirmation (TRUC) Transactions policy (aka v3 transaction policy) for test networks!
When TRUC gets adopted on mainnet this will increase the safety of Lightning and other L2s that have to worry about txs getting pinned.

2024-04-14 09:41:15

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Agree. Really look into Phoenix - it's a cross platform Kotlin multiplatform library battle tested by ACINQ.
By the time you get it integrated they should have bolt-12 working with dns pay names. I assume you could even connect to their LSP if you don't want to run your own, since it's all protocol based.

2024-04-13 08:46:32

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#lazyweb
https://www.stltoday.com/news/local/metro/former-at-t-tower-in-downtown-st-louis-sold-to-boston-firm/article_ca5e836e-f5c7-11ee-bfd8-27b295db4025.html
TLDR sound like it needs ~$300M to convert to modern useful commercial space, but also that commercial RE is having a meltdown post COVID due to WFH etc.

2024-04-12 10:01:27

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I like when for-profit companies encourage their devs to spend time reviewing, fixing bugs and shepharding improvements in the open source code that the company relies on.
For long term support of critical infrastructure like Bitcoin, ideally a broad base of the user community would provide enough funding to devs directly.

2024-04-11 13:28:31

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I think Saylor's point is a bit more nuanced then that.
The TLDR I got out of his interview with Livera was that he does not think we should make protocol upgrades that create controversy among stakeholders (miners) or which might antagonize governments (currency monopoly). This makes sense in the context of someone who simply wants their stack to increase in value and who believes his stack will not be threatened by the state.
The more I come to understand his position the more sympathetic I become, and it seems likely his views will be shared by a growing number of normy tradfi investors as their involvement increases.
I think he's taking a stance that in 2017 people would have applauded: don't change Bitcoin to make your VC funded buisness plan viable.
That said, I think he does not understand Bitcoin at a technical level very well or share the cyberpunk's opposition to state control and surveillance of money.
If Saylor is going to be the official Bitcoin villian for 2024, he's at least a much more nuanced and interesting version than Jihan Wu, Ver or Faketoshi.

2024-04-10 15:12:17

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@npub1r8l…x5dk interview with Saylor in December gets into his belief that Bitcoin should not become a transactional currency that threatens states. Related?
"You Either Die A Hero, Or You Live Long Enough To See Yourself Become The Villain"
https://stephanlivera.com/episode/536/

2024-04-09 17:42:11

Interesting project from Moxy Marlinspike to create a user friendly way to recover key material:
https://www.juicebox.xyz/blog
I wonder if this could be used to simplify #nostr apps?

2024-04-04 06:04:02

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It's kinda cute how people think Bitcoin is complicated.

2024-04-03 09:13:17

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a future phoenixd with splicing + liquidity ads + bolt-12 static invoices + human readable payment addresses is NOT priced in to nostr zapping. ⚡

2024-03-24 11:39:29

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They don't work for their consituents, they work to preserve the system they are a well compensated part of.

2024-03-23 23:08:38

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Yes bolt-12 is under very active development and they have been active in spec development.
Blnded paths will also be a big win for privacy when using an LSP like ACINQ.

2024-03-22 18:11:25

Exciting news from ACINQ team just dropped on bird site, see below:
All the goodness of @PhoenixWallet, available to developers!
- self-custodial, no signup
- lightweight, native binaries
- NO configuration
- fully automated liquidity
- easy http api
https://phoenix.acinq.co/server
#Bitcoin #LightningNetwork
FULLY automated liquidity
Get "infinite inbound" from the largest and most liquid node in the network. No headaches for merchants or other receive-heavy use cases.
Effective receive fee is as low as ~1%
➡️ All details here: https://phoenix.acinq.co/server/auto-liquidity
Absolutely NO configuration
no channel management
no peer management
no liquidity management
no firewall configuration
➡️ Get started in seconds: https://phoenix.acinq.co/server/get-started
Lightweight & native
phoenixd is compiled to native binaries for linux, mac (x86 & arm) and windows (wsl).
Phoenix was already fast on mobile, but on server it flies!

2024-03-22 13:44:00

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It's hard to believe EU citizens want their government working on this (or anti-crypto legislation). So who *is* pushing it? and why?

2024-03-19 08:32:30

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Before Bitcoin existed, I worked on a project that tried to create decentralized multiplayer games with SIM cards using similar techniques.
I love seeing this technology now being adopted for self custodial Bitcoin!

2024-03-17 10:13:59

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I've been wanting to start a campaign with my kids for similar reasons. But do you use just paper/pencil or do you use character sheet aids on a tablet/phone?
It sort of defeats the purpose, but also might make it easier for my kids to get into it.
I'm also curious to hear from any parents who have tried to get their kids into table top RPGs. It has not been as easy as I had hoped.

2024-03-05 19:09:51

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My daughter's class is talking about economics this week and in particular inflation. I told her to ask what causes inflation, and if they don't mention government printing new money to ask her teacher about it.
Teenagers don't like to do that kind of thing, so I glibbly offered her $10 if she asked.
That changed her mind, but the joke is on her - $10 ain't worth what it used to be.

2024-03-04 08:43:02

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Yes - but I don't see it happening until the US empire has fallen much further.
I recently noticed that I'm bi-lingual in metric/empirial temperature measurement. Internal chicken temps I remeber in F, and outdoor temps in C. ¯\_😀_/¯

2024-03-04 07:53:07

Check out this post from ACINQ on the new "Swaproot" system that lowers swap-in fees and increases privacy using Taproot/MuSig!
https://acinq.co/blog/phoenix-swaproot

2024-03-04 07:03:04

A normy friend, who isn't in to Bitcoin, independently sent me this @npub1a2c…w83a interview to watch today and was listening to the audiobook of Broken Money without me suggesting it.
<it's happening meme>
https://youtu.be/nrIcy_vgl1I

2024-03-02 10:49:50

"Sorted Wallet" is a fully custodial shitcoin app that runs natively on KaiOS feature phones. They had 50,000 installs in their first 6 month last year (2023). Africa in particular has a large base of feature phone users and there does not seem to be any barriers to deploying "crypto wallets" on their app stores.
Current apps seem to be built with js but the KaiOS roadmap is to support WebAssembly, which would unlock the possiblity of building efficient Rust apps with the full Bitcoin-Rust stack.
Is there anyone developing a non-custodial Bitcoin only app for KaiOS? Rust can target asm.js which should run on most KaiOS phones, so development with the Bitcoin-Rust stack is possible - even if it might not be as secure or efficient as Wasm.
https://sortedwallet.com/
https://kaios.dev/2023/11/guest-post-building-a-crypto-wallet-on-kaios/
#KaiOS #Rust #Africa

2024-03-01 21:24:58

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Hejsan 👋

2024-03-01 21:17:30

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https://image.nostr.build/af72ec47f645cbde4c66493b8a0f0dab1bf8f7af5c62dd9db94a3ce69d052a1b.jpg

2024-03-01 16:41:05

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Murch's new coingrinder is a big improvement when fees are high. It will be interesting to see how having it out there changes the utxo set.

2024-02-27 21:30:22

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I tapered - half-caf for awhile, then switched to herbal tea. I never did just decaf coffee though - taste was too bad. I've been off caffeine now for about about a year. My biggest problem is that it's awkward at social gatherings, so I usually have herbal tea in those cases. I can't say how long it took to be back to baseline because I tapered, but my sleep has improved over the last 12 months for sure.
I feel less stress after quiting, but hard to know if it's the coffee or other factors. Good luck on your coffee free journey!

2024-02-26 15:12:21

What are your thoughts on the SC agreeing to take the social media moderation cases? Will their decision impact nostr relays? users?
https://www.scotusblog.com/2024/02/social-media-content-moderation-laws-come-before-supreme-court/
I find myself in the awkward position of agreeing with the NYT and opposing any laws that categorize social media companies like FB and Twitter as some sort of common carriers.. I want them to burn in a 🔥, not because they are biased and censor alt views, but because they suck. I think they should also not have any more legal protection than publishers do when they publish slander, promote illegal investment schemes or post copyrighted cat videos. You can't have the right to censorship without also taking the responsibility that comes with it. My only concern is how such a ruling would impact Nostr relays. Perhaps we'll need to add some mechanism to make it impossible for relays to censor so that they are not in the same category as publishers.

2024-02-21 08:10:34

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Summer house has one, and it works great. Some once a season maintenance required but otherwise a good option if you have electricity but no sewage hookup. Don't run out of the paper liners though...

2024-02-17 21:54:05

"Everyone is talking about Covenants as the next important upgrade to Bitcoin. But what happened to Schorr Cross Signature Input Aggregation (CISA)"
An excellent question, answered by @n1ckler here:
https://github.com/BlockstreamResearch/cross-input-aggregation
https://image.nostr.build/fffac4bbedcb3562563ffe7b98271a35e6fe85cd40d36799e3b3832e25f9cca5.jpg

2024-02-17 08:32:21

Great article from @npub1k7t…8edl on the possible legal challenges to the EIAs absurd request for information from US Bitcoin miners.
https://bitcoinmagazine.com/legal/resisting-the-eia-one-possible-playbook

2024-02-15 09:14:50

What is the development budget for TCPIP? Ethernet? it's not zero. Companies around the world pay employees to participate in maintaining the code that implements these protocols. They also pay people to participate in standards committees to make changes around the edges of these protocols, though not to change their fundamental behavior. If these Internet protocols were more complex the development budget would have to be correspondingly larger and might not be enough to rapidly adapt the protocol to new situations. Current internet protocols initially beat out more centralized, complex and (arguably) featureful protocols partially because of their simplicity. I'm happy to see industries supporting Bitcoin development and there is a huge unmet need for more full time support, but keeping the code and protocol simple is a way to prevent reliance on these funding sources and from centralized funding sources controlling the protocol.

2024-02-03 22:15:40

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Chaumian mint based ecash requires connecting to the mint to transfer ownership of tokens. You could pass them around offline, but not trustlessly.

2024-02-03 07:25:18

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I am only aware of hardware solutions for true offline transactions - coinkites opendime, etc.
You could do it with payment channels (eg. Lightning ) but you would need to go online at some point to confirm the channel wasn't closed and potentially publish a revocation tx.

2024-02-02 20:10:19

https://image.nostr.build/7564efb08b38b749da505230ff13b5b0c4c4849154a2f6ca08b7ba55a5831935.jpg#m=image%2Fjpeg&dim=1152x896&blurhash=%23QC%3Fr%5Eayt7t7%7Eqxu%25Mj%5B%3Fb-%3BayM%7Bj%5B%25Mj%5BRjfRayazayj%5BofofWBj%5Bt7ayRjayt7ayRjj%5Bj%5Bofj%5BRjj%5BogWBayfQWBofofj%5BayayofofWBRjoft7WBayofj%5BWBofj%5BWBof&x=9ad5eb361f159281653456decb6e156282b98b55789876c7d058342928b820e0
Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.
-- Ayn Rand, 1962

2024-01-24 19:19:28

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I would expect multi-party channels that include end user nodes to update less frequently than multi-party channels between routing nodes. But a 2 of 2 channel that settles to a multi-party channel could update whenever both parties are online - even when the other multi-party signers are offline.
If updating the multi-party channel isn't possible, then you have to go onchain.
How do you splice out a particular channel party that isn't responding in a fair/safe/fee efficient way? That's what seems to be where more work is needed.
Is this a solved problem with other covenant schemes? I think they all could use more detailed investigation.

2024-01-24 15:45:43

In recent discussions around proposed soft-forks I am most attracted to the goal of creating a way to share ownership of a UTXO. This was one of the things that APO would enable via multiparty channels (aka channel factories), but with caveats. Multiparty channels are rarely discussed as the primary feature of APO because there are tremendous technical hurdles that need to be solved to scale up multiparty channels. Instead APO work has focused on the more near term advantage of simplifed and safer lightning channels. Any proposal that claims to enable shared UTXO ownership among large groups has significant details to discuss and problems to solve. I hope this current wave of soft-fork discussions will lead to a technical consensus around a proposal that can enable shared UTXO ownership. We're not there yet though.

2024-01-17 21:28:55

I like to see more LN Symmetry talk.
Lack of cheer leading around APO should not be taken as a lack of enthusiasm around this very powerful BIP proposal.
It's frustrating when people dismiss APO without having clearly shown their alternative is superior for the LN-symmetry use case - something people have been excited about for a long time.
#nevent1q…26uc

2024-01-12 22:08:26

"@Isabel_Schnabel: The ECB is very unlikely to ever buy Bitcoin. #AskECB"
https://twitter.com/ecb/status/1745093297230520498#m
https://image.nostr.build/69d34d7b9ce675de92246e6d6523dfb97ad2294d7fce102cc4de3d0e33f2c1b9.jpg#m=image%2Fjpeg&dim=736x455&blurhash=rWIqcM-nxsx%5BxsWBNH%251xae-WBsnM%7CjZR%2Bofayay.TM%7Da%23agNGofs%3ARkRkt6t6WXoJf%2Bt6fkbHs%3AjFo0NGjsR*jFWBs.ayt7kCWWfkj%5Bj%5BWCj%5BWW&x=560497c111983f74968fff265ff0c614b78e8271fe4193596431638893375fe4

2024-01-09 07:00:06

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MCC had some of the best conference swag. Unfortunately the handles on my MCC tote printed with "BAG OF ALTCOINS / (all of them) / Super Heavy" broke. Metaphor?

2024-01-08 15:47:06

@instagibbs posting pure signal about his LN-Symetry (aka eltoo) work. His in-depth implementation has yielded useful details about this long talked about Lightning channel design and added support for the research on pinning prevention via V3 transactions. This is how you build consensus for a soft-fork. Measure twice, cut once.
https://delvingbitcoin.org/t/ln-symmetry-project-recap/359/1

2024-01-02 16:02:27

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I'm talking about Phoenix, but actually it's not RBF but alternative fee rates that I was thinking of:
https://github.com/ACINQ/lightning-kmp/pull/553
No one uses the old mobile Eclair.

2024-01-02 09:14:51

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Phoenix exchanges signatures at different fee rates with Eclair so RBF can be used. As the channel initiator, the Acinq LSP pays the onchain fees for an uncooperative close.

2023-12-30 10:13:13

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However you feel about this issue, you have to give the NYT credit for crafting a masterful piece of propaganda. This article should be disected in journalism classes. Students learning the fine art of propaganda could learn much here.

2023-12-25 15:57:15

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An often overlooked aspect of APO is it can do covenants, but just less efficiently than CTV. But CTV can not be used to implement LN Symmetry (aka Eltoo), without an additional soft fork like OP_CAT.

2023-12-16 06:34:04

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I'm ready to stack me some sats during the next halving now! This is the real way we figure out the time value of Bitcoin.
https://image.nostr.build/7099488c6ed765e11dd41d5ec45cbed1e1eb74a2f91af0040890e151464c43ba.jpg#m=image%2Fjpeg&dim=980x1920&blurhash=%5D03%5B%40%5BkB00WA.lEGoew6WAKI00xu%3FcWBMxRQRkbuxu%2538%7BMxx%5Bxur%5EZkxuP4Riv-z%7Baxg%7Cj%5BQo-WRiyCWBDj.Rx%5DR6RjSv&x=f27f852eb74b395777e0248f12dac547157172d8dd84bf7cdcbab85169f034b0

2023-12-15 04:03:37

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Have you tried to get in touch with Doug Casey? He's someone who can comment about his experience as a sound money proponent investing and living in Argentina for many years.
https://t.me/dougcasey
Best of luck with the conference, it looks fantastic.