Oddbean new post about login | logout Not open source? Also: nostr:nevent1qqsweldmj7e3ugymy9quqxavypnz6d2xhrh477c2ksw09nvg8dhgxncpp4mhxue69uhkummn9ekx7mqzypha8y262kksct4wvn3tsx9vhwhfc6eand0wgnse4gzqlvylp57d6qcyqqqqqqgnyhdc0
https://nostrage.com/media/public/bc9fe15e9438326383432b7b440fb45b4380f8f847045bc10d93018930de5c89.webp#m=image%2Fwebp&dim=502x960&blurhash=%5D37nRS%25MIU%25M9F%25MM%7Bxut7M%7B%25MM%7B%252t7Mx%25NIUxut7M%7B%25MM%7B%252s%3AM%7Bj%5DM%7Bxut7RjxuM%7BxuofM%7B%7EqM%7BoKxuIUt7M%7Bxut7M%7B&x=f0936c84491a7574b279e48fb8d39759be7fcf2108cb1feebc2f36a7f842b8f7 https://image.nostr.build/3fa50fcf4bf8e142f6eb4eaf4139a50185935ca6f6faa88d04f6c0814b3b2786.jpg#m=image%2Fjpeg&dim=864x425&blurhash=Z38%7C%40dD%25%252%7EW00%7Eq9FWBM%7B_44T%7EW%25M4n_NIUxZR%2CjFIU%25MxtIU-%3BV%40WBt6x%5Dt7Ria%23axa%23WCaefl&x=98ce07e2ae0c090f199fb01b8489b7d0a36fbe33bdfcd264145f640673cc8179
"Trust me, bros!" vibes. They prepared the shitcoin networks for USDt, though. Priorities I guess.
It's mainly built for users in LatAm, where the easiest way to escape their currencies and transact is in USDT (usually over Tron). https://twitter.com/FootprintShow/status/1742878757361455391?t=uq86zIvu-YgIriGe0R2WwA
This is an important point. And it's hard to weigh trade-offs where some things are a slippery slope but other things are worth the risks. I have never been completely comfortable with blockstreams relationship with tether but I also see that there are real world reasons why it is useful like the one just described.
Well that’s good, but it doesn’t change that they very, very likely **can** record all of that information if they chose. I suspect for usability it’s just requesting information directly from their nodes. Unless it’s neutrino of something, maybe we will have a better idea when it’s open sourced. Would be really awesome if it was neutrino based, but I doubt it.
Personally I won't use any wallet that cannot be connected to my electrum server, but I understand that they are solving real issues in LatAm with this product. Anyway, they just launched and it is practically a beta. No dark mode ffs! Lol
Yes there are definitely some rough edges and there may be trade offs and risks that are serious. Stop they plan to open source it? That is a big wart.
