> https://stacker.news/items/379225
Thanks for that
ugh, I feel like those who are riding the copium of LN should provide such a disclaimer, blogs videos and more. I don't know anyone irl with enough liquid they'd want tied up in channels unless more irl purchases used LN. LN only scales with some form of custodial at my current understanding, I can't see another way around it. I also don't think I'd encourage having that much in UTXOs available in a hot wallet, that's my issue. My limit for hot wallet is like 600-700k stats total.
Maybe I'm just paranoid, idk
It works for me for payments but I use it in combination. I have wallet of Satoshi and my xapo bank has inbound LN so I can use it to get funds into my bank fast, and for a lot of cases I can pay for stuff via ln payments to bitrefill.
But it is at this point a bit annoying the capital requirement. On the other hand with some outbound liquidity I can get around bursts of high onchain fees.
Yeah. It's probably just going to take more time investment. Yay!
yeah, it's still early days... 2017 the system was invented and it's 7 years later, for bitcoin the same age was 2016, which i think you can say was when it started to go mainstream
Lightning devs are really bad at fudding their own bags. This is why there is so much ecash hate. We will need to overcome this myopic attitude in order to progress the bitcoin ecosystem to where it needs to be for mass adoption.
When you view it more pragmatically as a decentralized payment system and ecash provides further scaling, then there isn't much copium to be had.
Any good links or docs on ecash to get me started? Are there going to be a bunch of hiccups like I've run into here
What are your goals? The most straightforward analog to running a lightning node is running a cashu mint. It's also a lightning node, so it won't be less work than now lol. But it's way easier to build on because it's a single api on a single server. Each ecash token is self authenticated. No accounts. The beauty of ecash is it's simplicity.
With recently merged NUT-18, I see the possibility of building a Cashu ‘node’ that can initiate payment requests and use whatever mint is available. All state is stored as nostr events. @calle 👁️⚡👁️
Yeah I just don't see this working. If the system is so complex we need a small handful of really smart people to paper over the complexities, the masses will become dependent. I'm not expecting perfect decentralization, but it's just that it's far more convenient and decentralized to send on-chain if I don't want to use a smartphone and someone else's nodes.
My goal is to create a binary / library that just works, then wrap an app/system around it. Still rough, but it works.
https://github.com/trbouma/safebox-binaries
curious why you don't have safebox produce binaries as a build or even automated?
Not that sophisticated yet.
Yeah I would highly recommend against checking in binaries into git, you'd want to release those as an asset for sure.
maybe I could lend a hand sometime although I'm very unfamiliar with python build/compilation tools. I'm curious how Python creates "Linux" safe binaries.
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