Guess who received (& send back) 2 LARGE (!) mainnet
#Bitcoin
payments from
@stefanwouldgo
over the
#LightningNetwork
!
1st payment: 0.3679 BTC (345 parts minSplitSize: 10k sats)
2nd payment: 0.286 BTC (80 parts minSplitSize: 100k sats)
Teamwork makes the dream work!
1/4
Optimally Reliable & Cheap Payment Flows on the Lightning Network
the joint work with
@stefanwouldgo
is now (as promised) in the
#open
:
This method should allow us to
⚡️ send large
#Bitcoin
amounts over the
#LightningNetwork
⚡️
Thread: 1 / 15
Dear
@greenpeace
. You didn't address me directly with your campaign
However the demand of a code change makes me - as a developer - feel addressed
Despite being sure that your campaign is more about seeking attention than dialogue I feel the urge to reply to your demands:
1/11
As
@michael_saylor
is newer to this than me & since he did a great job for this community I will give out a free piece of advice using his language:
The real
#BitcoinMiningCouncil
is a decentralized swarm of
#cyberhornets
Heating my home with green Norwegian energy while mining
I am considering becoming more vocal criticizing
#bitcoin
and the
#LightningNetwork
...
As a researcher I find sound and substatial criticism extremely important.
Unfortnunatly most critics do (even if they underdtand the fundamentals of the technology) a terrible job... 1/2
OMFG!!! IT WORKS!
@c_otto83
just sent me 0.6 real
#Bitcoin
via
#LightningNetwork
* No prior probing for liquidity required!
* Just Optimally reliable payment flows!
* 137 partial payments sent!
* 92 arrived successfully!
* time to complete: 81 seconds (mostly network rtt)
Don't trust, Verify! Happy to see the first independent verification by
@c_otto83
of the experiments that
@stefanwouldgo
and I did last summer!
TL;DR: within 13 seconds optimally reliable payment flows can deliver 0.6 tBTC while LND by
@lightning
labs has only 30% delivered (:
~3 years ago I began working on "the
#lightningnetwork
book"
Only 3 months later
@aantonop
reached out & suggested to team up with
@roasbeef
.
Now I am proud to say we have "mastering the lightning network". I'm sure I would not have managed this alone!
#24herosOfLightning
I might be biased on this, but:
The ability for instant, secure & p2p value transfer (without central authority) is a historic technological breakthrough
Despite recent news I think the
#lightningnetwork
is still one of the most overlooked & underrated technologies in the world
When I became a
#lightningnetwork
developer I was naive.
I thought I understood
#bitcoin
& LN because the protocol was technically clear.
After 5 years I am starting to grasp that permissionless & decentralized have subtle consequences making
#bitcoin
its own biggest challenger
I still don't understand what is going on or what the implications will be...
But it's moment like these when I remember why I work my ass off on making peer to peer cash a reality
Self sovereign
#bitcoin
payments via
#LightningNetwork
without custodians seem really desirable
Finally one of my childhood dreams is fulfilled and I can proudly hold the German copy of Mastering the Lightning Network in my hands!
Thanks to
@aantonop
and
@roasbeef
as well as
@oreillyverlag
@OReillyMedia
Peter Klicman and
@Snyke
for adding a "Vorwort"
A small thread: 1/7
Hey
@saylor
as you obviously know
@elonmusk
could you please send him a copy of "Mastering the Lightning Network" by
@aantonop
@roasbeef
and me?
I am so tired of the
#Bitcoin
community getting triggered by his
#dogecoin
statements while ignoring the possibilities of lightning...
Here are my 2 sats:
Proofing that something works seems btw much more
#sustainable
then just spending large sums of money on a
#populist
#marketing
#campaign
to demand something.
Many users changed their config file to
#zeroBasefee
because of our research (no campaign!) 11/11
After 2 years proof of work with
@roasbeef
our co-author & release master
@aantonop
just sent the "final" manuscript (450 pages!) to our publisher.
Great leadership by
@aantonop
!
How it started:
It was a big pleasure & very satisfying working with you!
So pleased to finally announce at
#BTC2019
that
@roasbeef
@renepickhardt
and I will be writing 'Mastering the Lightning Network,' for publication in Q4 2020!
I thought I did understand it...
...but I think I still don't fully grasp what it means that (to the best of my knowledge) on a technical level...
...
#Bitcoin
fundamentally cannot be censored or stopped.
It is literally mind blowing for me.
My most convincing argument for
#Bitcoin
.
Since I am aware of bitcoin I did not meet one single person who could explain the whitepaper but thinks bitcoin does not make sense.
The only critics I met so far are ignorant, uneducated people who could not even explain core basics.
Optimally Reliable & Cheap Payment Flows on the Lightning Network
the joint work with
@stefanwouldgo
is now (as promised) in the
#open
:
This method should allow us to
⚡️ send large
#Bitcoin
amounts over the
#LightningNetwork
⚡️
Thread: 1 / 15
Seems as if
@saylor
still lives on a dollar standard...
If I calculated correctly these should be the numbers if you actually adopted the
#Bitcoin
standard and compare against BTC (Note: 1 BTC = 1 BTC)
MSTR + 6%
USD -41%
NASDAQ -43%
GOLD -50%
BOND -53%
SILVER -59%
Stranger at
#35c3
:
What do you think will be the market cap of
#Bitcoin
in Dec 2019?
Me : roughly 18.5 million btc
Stranger: No no no. Expressed in a reasonable currency.
Me: 18.5 million
#btc
Stranger: No! What will be the price of one Bitcoin?
Me: Of course 1 Bitcoin (:
OMG! My cousin who studies design send me her diploma thesis with 180+ pages discussing how lightning network wallets should look & feel for users while comparing this to traditional banking apps. Wanted to continue with the book today but I guess I have to read another one first
I may be operationally blind here but the
#lightningnetwork
is - as of now - UNRELIABLE by design.
I fear when it comes to reliability that even with optimally reliable payment flows we still may not be able to compete with what
@jackmallers
calls the "boomer wazzzzup networks"
6 years ago I made my first purchase in a physical store by paying (onchain) with
#bitcoin
I paid 200k sats to get my bicycle repaired.
At that time I expected we could easily pay everywhere with
#bitcoin
via the
#LightningNetwork
by now.
Why can't we? What needs to change?
Perspective!
This year on average 900 btc are mined per day.
In contrast 6850 kilogram gold are mined per day with 1 kg gold valued roughly at 2
#Bitcoin
This is equivalent 13'700 Bitcoin (or about 15 times the value of new
#Bitcoin
entering the market per day)
#nerdHeaven
&
#playtime
! I made myself a little toy!
Can't believe it took me 6 years of reasearching LN routing to finally have arrived here (;
2 interesting facts in the video!
@niftynei
I think
@base58btc
might need this?
@OpenSats
expect this being used in the webinars (;
Die Wissenschaftsjournalistin
@maithi_nk
hat in ihrer Sendung
@maithinkx
das Thema
#bitcoin
behandelt:
Ich bin gespannt, auf den Diskurs, der daraus entsteht.
Ich habe in einem Gastartikel bei
@spektrum
Stellung zu der Meinung von
@maithi_nk
über die Nützlichkeit von
#Bitcoin
genommen:
Ich sage: "Doch Frau Nguyen-Kim, natürlich braucht die freie & selbstbestimmte Menschheit eine Technologie wie den Bitcoin!"
Maybe fix your
#Bitcoin
setup before adding more stuff?
This does not end with making sure taproot works but also by including
#lightningnetwork
withdrawals & deposits.
Next: Pls list stocks. Would be great to have substantial asset classes next to
#Bitcoin
instead of altcoins
I am very grateful that the board of
@OpenSats
awarded me with a long term support grant for my research & educational efforts on payment planning on the
#LightningNetwork
My gratitude goes to everyone who supported my work in the past and empowered me!
How can you verify my claim? Just create a new fork of the code and create a new genesis block and offer it to people.
If the switch to POS is more useful to them than the existing
#Bitcoin
protocol then people would start accepting it as money and prefer it over
#bitcoin
8/11
I'm sure it's trivial to anyone who watched the keynote:
The
#LightningNetwork
is the payment system for
#Bitcoin
that produces velocity!
BTW: If you are given a list of enemies of the
#bitcoin
movement make sure it includes the folks who subtly shill & legitimize altcoins (;
... In that case the people accepting
#bitcoin
in their current form might have the incentive to also accept your demanded code change.
Long story short: in the spirit of open source development I propose you demonstrate that your demanded code change actually works!
10/11
2 years ago I created a video to explain why the recent proposal by
@elonmusk
cannot work for obvious reasons
--> <--
I really hope he is just trolling and this is his way of challenging people to understand the technology and its limitations better.
Couldn't go to Miami so I coded up my algorithm!
In a simulated network with realistic balance values a node having 0.42 BTC could send 0.4 BTC to a remote node (that could receive up to 1.59 BTC) with no direct channel
It took just 4 attempts to deliver and 814 sats in fees
What would you do in my situation?
- After 3 years of work you found the provable most optimal way to deliver payments on the
#lightningnetwork
producing a significant boost in payment speed & realiability
- You are not
#Bitcoin
rich
- Your health isn't stable
Is this my
#YOLO
?
Deutschland hat Angst vor einem kaltem Winter ohne Gas aus Russland...
Man stelle sich nur mal kurz vor, wir hätten grünen Strom (z.b aus Windkraft) und würden elektrisch heizen in dem wir
#Bitcoin
minen...
Ach ne, geht ja nicht, dann wäre Bitcoin keine Umweltsau mehr...
3 years ago I proposed to write a book about the
#Lightningnetwork
This month I was interviewed by
@finanzfluss
(probably Germany's most relevant YT channel about investing) to introduce
#Bitcoin
& the
#LightningNetwork
to a broader audience!
I feel so honored! Thank you!
1/2
Der Podcast mit Mai Thi Nguyen-Kim erscheint nächste Woche auf meinen neuen Youtube Kanal. Lasst gerne ein Abo da(:
Hier ein kleines Preview, dass einige überraschen dürfte, in dem Sie über die krasse Emanzipation durch
#Bitcoin
von Zentralbanken spricht
When I discovered
#Bitcoin
10 years ago I thought IF it succeded 1 coin should trade for at least one family house.
So I bought a coin to trade it for a house in the future.
TIL: Since April 2023 in Germany AML rules forbid you to pay with
#Bitcoin
if you acquire real estate.
Assume I took the time to create a code change that switches POW to POS and
@jack
,
@elonmusk
or
@Fidelity
advocated for this (like you very strangely propose)
It still seems very unlikely that users will use the update as they already accepted the current code as money!
7/11
Thus It is my understanding that the value of money is directly connected to people accepting it.
It is my understanding that this is true for
#Bitcoin
in the same way as it is true for the Norwegian Krona, the Euro or any other currencies like the USD or the Turkish Lira
3/11
I'd first like to recall that - according to
@stlouisfed
and many others - money has three functions
First: Money is a store of value.
Second: Money is a unit of account.
Third: Money is a medium of exchange.
Source:
2/11
It is also my understanding that people will only spend large amounts for computing resources to mine
#bitcoin
if the very limited and over time declining
#bitcoinmining
reward is more valueable to them than the invested resources (depends on people to accept
#bitcoin
)
4/11
After several discussions with
@aantonop
&
@roasbeef
I have finally created an architecture diagram for the
#LightningNetwork
Protocol Suite to be used in "Mastering the Lightning network"
For serious feedback please consider the thread on the Mailinglist
Most
#bitcoin
critics (that I'm aware of) focus on already debunked / fixed or minor problems, make use of adhominem arguments or whataboutism. By useing strong language & conflicting
#bitcoin
with the actual
#cryptobros
they seem to be focused on narrative instead of debate 2/2
I guess some people already knew this was coming.
@aantonop
,
@roasbeef
and I just announced "Mastering the
#LightningNetwork
"
As Andreas just said on
#btc2019
: "The best investment you can do is to invest in your own education."
I couldn't agree more!
Due to the
@FTX_Official
mess one of the largest German newspaper asked me for an interview.
I explained:
*
#Bitcoin
is not "crypto"
* FTT was a phantasy-token (aka funny-money)
* bitcoin can do more than 7 payments / second via
#LightningNetwork
* not your keys not your coins
Krypto und Betrug – nicht nur bei der Handelsbörse FTX scheint das zusammenzugehören. Aus Bitcoin kann aber auch Gutes entstehen, sagt der Entwickler
@renepickhardt
.
While like many other people who have an interest in
#bitcoin
I share your goal of protecting the environment I believe that:
A code change as you demand won't work for trivial reasons!
I'll lay these reasons out and tell you how you could proof me wrong if you read on:
5/11
I don't get it:
@brian_armstrong
from
@coinbase
says his journey started with
#Bitcoin
and he believes in economic freedom.
So why did he not already add support for the
#lightningnetwork
protocol and thus give his customers more economic freedom to quickly move their coins?!?
1/ Today is a big moment for
@coinbase
as we become a public company. But it’s also a big one for crypto. This all started with the Bitcoin whitepaper 12 years ago, a deceptively simple 9 page document by Satoshi Nakamoto that ignited a global movement.
Had a very critical, amazing and inspiring conversation with
@gladstein
discussing how
#Bitcoin
and the
#lightningnetwork
can be useful for human rights activists (for example by
@HRF
). But also what limitations and roadblocks exist.
Lot of new perspectives to tinker about!
- I am politically on the far left.
- I consider myself as a Bitcoin maximalist.
- I am sick of the ongoing hostility (e.g. Bl{a,o}cklist)
BUT: I love if my views are being challenged.
So please
#Bitcoin
community recommend me a book / menifesto about your political believes.
Some devs who I respect encouraged me to do it:
This year I will not be speaking about the
#LightningNetwork
and / or
#Bitcoin
in Podcasts or at conferences without devoting a significant amount of time to address the technical limitations and issues that I am aware of.
1/2
I am considering becoming more vocal criticizing
#bitcoin
and the
#LightningNetwork
...
As a researcher I find sound and substatial criticism extremely important.
Unfortnunatly most critics do (even if they underdtand the fundamentals of the technology) a terrible job... 1/2
Why won't changing the code work?
In 2017 people tried to change the code - in fact they did. What happened is that with a user activated softfork () the users decided which version of the code is
#bitcoin
.
Again: People accept money (and its form)
6/11
Damn it! This is so frustrating & annoying!
After all the complaints from folks asking me why I focus on
#Bitcoin
only I finally blocked time this weekend to test
#ethereum
Now I don't know which one to check out.
Maybe I just take a hike in the nature and tinker about btc (:
Let me conclude with a conjecture:
If your POS fork of Bitcoin was successfully being accepted the number of people accepting
#bitcoin
might decline. This would probably reduce its value and reduce the incentive for miners to spend resources on finding new coins...
9/11
Yesterday a single non-standard bitcoin transaction produced a consensus conflict
A large part of the
#LightningNetwork
nodes were affected & node operators had their funds at risk
I did not see *any* of the attention seeking & loud
#bitcoin
critics talking about this...
1/2
After 1 year of studying lightning I proudly released 200+ slides explaining the BOLTs. This is to structure my thoughts for the
#lightningnetwork
book project. due to health issues
#PTSD
I will be in the hospital until June. No content/videos 'til then ;(
This is pure madness!! I fucking ❤mathematics!
Finalzing the text and explainations of this. So looking forward to it!
Finally I found a mathematical framework and language to describe liquidity and what kind of payments are (im)possible to fulfill on payment channel networks
Today the European parliament votes on some regulation with respect to cryptocurrencies.
In spring 2024 we vote who gets elected as a member of Parliament.
Remember: even wrong and stupid policies can be reverted quickly after an election and MEPs can be voted out of office.
#Bitcoin
: A Peer-to-Peer Electronic Cash System
If it only/mainly works in a custodial setting and for professionals, then we are (according to the title) failing big times. While creating p2p ecash is hard I still belief we should aim for this and we will eventually achieve it!
What would you do in my situation?
- After 3 years of work you found the provable most optimal way to deliver payments on the
#lightningnetwork
producing a significant boost in payment speed & realiability
- You are not
#Bitcoin
rich
- Your health isn't stable
Is this my
#YOLO
?
Ever since I started LN dev I was focused on
#Bitcoin
only. I believed it's an honest project & network effects exist.
Close friends know that last year I began asking myself if I wanted to continue my quest. I guess that was because I shared some of
@ercwl
's observations
1/5
@renepickhardt
@udiWertheimer
It isn't so much that a single specific current narrative is strange/self-contradicting, even though there certainly are some inadequate narratives out there. Let me start by listing some:
- Bitcoin is perfect, doesn't need to change. But also everyone should self-custody!
Während den Vorbereitungen der
@maithinkx
Sendung über
#Bitcoin
hat
@maithi_nk
zugestimmt, in einem Podcast unsere unterschiedlichen Ansichten auf
#Bitcoin
zu debattieren.
Falls ihr Ideen, Themen, Anregungen & Wünsche habt hier mein aktuelles Script:
I discovered
#Bitcoin
about 10 years ago - Actually in 2010 but I initially ignored it completely.
I studied it for the past 6 years & I still don't understand it well :(
Despite my lack of understanding I became
#reckless
& began to Euro cost average today for more freedom (;
I really hate writing grant applications and the 'industry' of doing so...
but this grant for 800k EURO to research the climate impact of electronic consensus (aka PoW) mechanisms really catches my attention
Might be willing to partner up with folks!
I joined a PhD program to write a thesis about the
#LightningNetwork
(my plan is pathfinding) in Norway!
I was prepping relocation since
@lnconf
& I'm now on my way to Norway
Thanks to
@snyke
,
@tgottron
and to my patrons who helped to make this possible!
Eigentlich hätte ich die Gelegenheit nutzen und Thomas von
@finanzfluss
zu seinem aktuellen Spiegel
#bestseller
gratulieren und befragen sollen aber er wollte so viel über
#Bitcoin
und das
#lightningnetztwerk
wissen, dass ich mal wieder im Nerd-Himmel schweben dürfte (:
❤️⚡🕸️!
After 25 years of a hard sickness a very sad life came to rest...
My father was most likely the son of a Russian soldier who raped my grandmother during
#WWII
. This burden had a severe impact on his entire life.
#stopwar
No video this and probably next week for obvious reasons
Kommunikativ können wir hacker noch viel von
@IjomaMangold
lernen.
So überzeugend, wie er es präsentiert frage ich mich ernsthaft, warum wir als Gesellschaft den
#bitcoin
noch nicht längst zum festen Bestandteil gemacht haben?
Geld ohne zentrale Autorität ist einfach stark (;
"Wie es kam, dass ich mich nicht nur für Buchstaben, sondern auch für Zahlen interessierte" -
@IjomaMangold
heute in
@DIEZEIT
. Sein Buch "Die orange Pille" erscheint heute!
⚡Hack a Lightning Network Paywall App with c-lightning & Python in 5 Minutes! ⚡
==> Watch, learn & build: <==
Test the Lapp (by voting for future videos for 250 Satoshi per vote ):
Letzten Monat haben
@IjomaMangold
und ich bei der
@phil_cologne
über
#bitcoin
gesprochen:
Ich bin immer noch schwer von
@WEilenberger
's Moderationsfähigkeiten beeindruckt.
Danke auch an die Udo Keller Stiftung, die dieses Gespräch möglich gemacht hat.
Gegeben die aktuellen Ereignisse, denke ich wir brauchen eine Interessenvertretung!
Klar "honeybadger don't care", aber am Ende des Tages ist es gut, wenn wir uns vereint für
#Bitcoin
stark machen und klar unsere Interessen gegenüber Politik und Öffentlichkeit vertreten.
I really love the perspective of
@jackmallers
on the BOLT12 vs LNURL discussion....
1. we all benefit from a widely agreed upon open standard (fully agree!)
2. leaving out the web server and being lightning native is preferable (also agree)
3. LNURL did an amazing job (agree)
Hey
@McDonalds
if you can work with
@OpenNodeCo
in
#ElSalvador
to accept
#Bitcoin
will you enable this globally?
I mean a globally accepted & available currency like
#Bitcoin
seems reasonable for a global company (:
Also it seems cheaper & more frictionless than digital fiat ^^
Just walked into a McDonald's in San Salvador to see if I could pay for my breakfast with bitcoin, tbh fully expecting to be told no.
But low and behold, they printed a ticket with QR that took me to a webpage with Lightning invoice, and now I'm enjoying my desayuno traditional!
@LeoAW
It's actually worse. Multiple times we offered to have engineers integrate lightning gratis for exchanges, on our dime. Nope. But they keep sending emails with new alts integrated, and another deliarwd, every week. And bitcoin marketing. Even donations to sponsor a bitcoin dev.
So
@signalapp
is open source and
@TheBlueMatt
was - according to their git repo - an active contributer some years ago.
Why not making a pull request to integrate
#Bitcoin
via the
#LightningNetwork
?
And if not accepted why not forking it?
The president of El Salvador just said on a Twitter space hosted by
@nic__carter
that the country will hold at least the equivalent of 150 million USD in
#Bitcoin
in a governmental trust minutes before the Bitcoin bill was voted into action.
Regular
#Bitcoin
payments soon to be criminalized in EU
Will
@AnjaHirschel
- if elected to to the european parliament next June - work on reverting this?
Voting for Patrick Breyer was the best vote I ever casted as he continuesly stood on the right side during the last 5 years.
🇩🇪 Von EU-Ausschuss beschlossen:
🚫Verbot von Barzahlungen über 10.000 €
🆔Verbot anonymer Barzahlungen über 3.000 €
₿ Verbot anonymer Kryptozahlungen an hosted wallets selbst bei Kleinstbeträgen
Das bedeutet Krieg gegen das Bargeld und schleichende finanzielle Entmündigung –
How on earth is this episode of
@WhatBitcoinDid
by
@PeterMcCormack
about the Julian Assange cluster fu** not viral on a global level?
Has mankind really become apathetic? Where are the protests? Where is the outcry? How is massmedia having a blind spot when it comes to this?!
WBD525 - The State v Julian Assange with
@GabrielShipton
&
@StellaMoris1
. We discuss:
- The extradition of Julian Assange
- Attacks on journalism & freedom
- Extra-territorial application of US Law
- The CIA’s plans to assassinate Assange
Hey
@tagesschau
euer video ist das schlechteste, das ich seit langem gesehen habe
Erst redet ihr von dezentralen Systemen, die niemand kontrolliert & lasst dann
@Austin_Federa
den "Sprecher von
@solana
" 2x zu Wort kommen
Dezentral hat keine Sprecher! 1/3
During vacation I randomly woke up at 1:00 am in the morning with a solution to a problem for liquidity management / payment planning that I was tinkering about for years
I recorded a voice message to not forget & finally coded the solution. Looks good (:
Of course multiplying an exponential decline (even if it starts small) with a linear function (the amount of sats I could allocate) will find it's maximum quickly and then decline sharply
The maximum would be the number of sats I can expect to deliver with one attempt!
4/4
Until last month I subrented my old flat in Koblenz. Tenant moved out & I didn't find a new one yet (remote search fom norway is a bit tricky)
I now decided that for at least half a year I can give the flat to an Ukrainian refugee for free & registered my flat with
#Koblenz
. 1/2
Hey
@nayibbukele
the
#Wikipedia
community considers to stop accepting donations in
#Bitcoin
Didn't have the time yet to join the discussion & cast my vote but I think Wikipedia should not discriminate against the official currency of a sovereign country.
I am delighted to see that companies who build on
#LightningNetwork
joined the early & smart enthusiasts and see the significance of our optimal payment flows break through and the necessity to also have
#zeroBaseFee
Wellcome
@bitfinex
and
@Okcoin
.
21% of all channels already!
Gespannt, was Menschen zur Debatte über
#Bitcoin
zwischen
@maithi_nk
& mir in der Redefreiheit sagen werden!
--> <--
Danke an
@maithinkx
&
@spektrum
für den Auftakt!
Ich freue mich auf weitere spannende Gespräche & Debatten (in der Redefreiheit)!
In case you didnt't know or forgot:
The permissionless nature of
#bitcoin
allows mininers to include whatever valid tx they wish to a block...
It can be...
* ...an empty blog
* ...all jpgs
* ...the cheapest or most expensive txs
* ...a block without blockreward
* ...just LN txs
Yes!!! 2 years after
@stefanwouldgo
& I published our research on optimally reliable payment flows
@Core_LN
becomes the first implementation to ship a min cost flow based pay implementation after
@rusty_twit
merged 9000 loc by
@rm_windows
Congratulations!
So
@adam3us
invented hashcash as a spam prevention mechanism.
Then satoshi utilized this in
#bitcoin
to solve double spending.
And now folks waste precious blockspace by spamming jpegs?!
Why creating the
#lightningnetwork
in the first place if the base layer allows this shit?!
Ordinals Data
Up until 7 February 2023, we have identified:
* Over 13,000 Ordinals transactions
* 526MB of Bitcoin blockspace usage
* 6.77 BTC of Ordinals related spend
@jackmallers
Why does it matter? We and Jack care about
#Bitcoin
for the right reasons and accept the current pain of unreliable payments. But many merchants / consumer may not...
When introducing a technology to a wider audience and the UX is poor it will be hard to get a second chance ;(
After 1 year of trying to become a
#lightningnetwork
developer (starting practically from 0 knowledge in
#Bitcoin
) I'm happy to see that my first (very minor) pullrequest to the lightning-rfc was merged by
@roasbeef
looking forward 4 major contributions
(:
Workimg on
#bitcoin
& trying to improve I tend to mostly see it's limits & flaws.
But occasionally I remind myself that
#bitcoin
is one of the most empowering technologies.
The souvereinity emerging from it's properties is probably one of the most overlooked things in the world
Gerade die Sendung von Harald Lesch über
#Bitcoin
gesehen:
+Deutlich weniger gefärbt als ich es erwartet hätte.
-Ich frage mich jedoch, wie er mit solcher Sicherheit einen zukünftig höheren Stromverbrauch wegen des Wachstum des Netzes vorhersagen kann.
While I will say that one reason is that I feel frustrated by some of the misinformation (not to say occasional overselling) that is being circulated the more important reason is that I think that strong and sound technology must be able to withstand substantial criticism.
2/2
Dear
@udiWertheimer
and
@ercwl
you said you are doing your thing because you think the
#bitcoin
culture of the
#lasereyes
maxis is broken.
What are in your opinion the 5 worst (but often told) narratives / talking points that the maxis are telling each other? Why?
Thank you!
Hey moderators of /r/Bitcoin or whoever was responsible for giving me the tag "lightning network expert" on that subreddit:
Thanks a lot for that honor! I'm usually not about titles but I find this recognition to be an extremely nice appriciation of my work during the past year.
Resting naked in the fresh snow is my new
#icebathing
The happyness kicked in after about 15 seconds. Didn't measure time but I think I did about 2 minutes (; Will measure time tomorrow
0. celebrate!!!
1. triple check code for errors
2. implement as c-lightning plugin & demonstrate on mainnet
3. set up a donation website until then I'd be happy if you consider supporting my work at:
4. write a paper / publish
5. Explain on ML / in videos