Oddbean new post about | logout
 Lightning is so gangster.

https://m.primal.net/JhYP.mp4 

nostr:note12u0x20mje0hr4mt69d5dmlvgtf6vz52y0mj9vphmqu2mtq2dcstqpm5l7l  
 fuck yeah! 
 are cashu mints another type of lightning wallet ? 
 Cashu mints are centralized custodian ecash lightning wallets

ecash tech provide good privacy with some big Trade offs 
 ok cool 
 Is there an ecash wallet I can play around with? 
 Yea try 0xChat app comes with wallet 
 NOW THATS GANGSTA 
 I'd heard of atomic swaps, but never realized what it was (or tried to use one, or researched it at all).

thanks to the diagram for showing me what this was.  
 🔥 
 what happens if a mint goes down? 
 Yes. This is also known as a bukkake payment 
 eCash as Private Money. Bitcoin Lighting as the next settlement layer between institutions of private money.  Seems likely... 
 This is what I’m bullish for! 
 You’re the gangster, bro 🔥🔥🔥 
 Body rocking. Body rocking. 
 did you test with CLN ad well? 
 @coachalex0  is a Bitcoin minner who is involved in Bitcoin mining so I decided to give a try tho I knew him in person, I invested $2,500 and guess what I earn $20,500 profit within 6hr of investing and made a successful withdrawal to my wallet 💯 legitimate I’ll advise y’all to give a try 
 Spam BOTS on Nostr!?!? Ewwww...I need to check my relays! 
 I'd argue ecash is a form of a layer 3 tool building on top of lightning infrastructure nostr:nevent1qqsyp43lr6w4jsvz48um3qnt87s87nelxdgv5gsyjxae25a3nj9wfpgpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygzsm98u9kzcp35zkpc62shck8335gqtq5yt4w26xwl0pp2a72qavvpsgqqqqqqsag3s8p 
 If you can't trustlessly settle on the layer below, it's not a layer, just a bank. 
 Instead of trustlessly, I should have said unilaterally. Nothing is ever truly trustless. 
 I would have zapped, If I had SATs 🤷‍♂️ 
 Interesting development! If services implement cashu-mints like this [1] together with the multinut [2] breakthrough, then we'll have decentralized #ecash.

Haha:
Decentralized Bitcoin ->
semi-centralized lightning ->
centralized ecash ->
semi-decentralized ecash

This could potentially be a great way to deal with micro-transactions and high volume payments in the future.

1:
nostr:nevent1qqsrs57a4sacxzhgvajj5hqtl2pwgfr2qdlv5txqwc7zmzkj59yjk9qprpmhxue69uhkummnw3ezuendwsh8w6t69e3xj730qgsth7fr42fyvpjl3rzqclvm7cwves8l8l8lqedgevhlfnamvgyg78srqsqqqqqpte7axv

2:
nostr:nevent1qqsyp43lr6w4jsvz48um3qnt87s87nelxdgv5gsyjxae25a3nj9wfpgppemhxue69uhkummn9ekx7mp0qgs9pk20ctv9srrg9vr354p03v0rrgsqkpggh2u45va77zz4mu5p6ccrqsqqqqqpzg3hwr