😂😂😂

All is well

Another question… why is no wallet using Liquid instead of Coinjoin for privacy? I’m aware of the trust trade-off, but it seems like a workable solution for a spending wallet. At least until Fedimint has all the bugs ironed out and we’ve figured out a good onboarding UX to select a default mint. View quoted note →

Honest question about Liquid… what’s the scaling strategy? The Blockstream website states 7-10 tps i.e. the same order of magnitude as the main chain. Or is it designed to increase tps over time?

Observation: On Nostr I follow a bunch of indie hackers building open source stuff creating immense value, most notably in nostr and bitcoin. They’re all grant funded. On X I follow a bunch of indie hackers building proprietary stuff creating immense value, most notably in AI. Many are making insane monthly recurring revenues (MRR) and are all bootstrapped/self-funded. Question: How do we create a culture of open source indie hackers in bitcoin/nostr that are making self-sustaining MRR?

The best compliment you can get as an open source developer is when a VC funded startup offers you unpaid review of their closed source fork. Then rebrands your project and pitches the same features to Bitcoin Magazine. Anyway get it open source here:

Photon SDK

Seedless Wallet Toolbox

This talk by Moxie confirmed many lessons I learned while working on Email and PGP. A must watch for anyone building on federated protocols. View quoted note →

Discussion re the Euro CBDC a.k.a “Digital Euro” in the German Bundestag. Worth watching… TL;DR: according to a poll 95% of the German public has never heard of the Digital Euro. Yet the parliament votes against furthering public discussion in the parliament.

Deutscher Bundestag

Deutscher Bundestag - Anträge zum „digitalen Euro“ abgelehnt

Der Bundestag hat am Donnerstag, 4. Juli 2024, zwei Anträge zum digitalen Euro abgelehnt. Gegen den Antrag der CDU/CSU-Fraktion mit dem Titel „A...

If you think DNS is vulnerable just wait til we see BGP hijacking on the Lightning Network View quoted note →

The original Lightning App we built had auto updates (using Electron‘s autoUpdater). This was often criticized at the time, which is understandable since lightning network was still new in 2018 and many users came with concepts and best practices of bitcoin core, where updates might change the consensus rules. But lightning is vastly more complex than the base chain. The whole premise of scaling in layers is that lightning can be more complex, take bigger risks and change quicker. While most lightning deployments are server based and do not use an app wrapper, it may be worth exploring an opt-in auto-update mechanism for node runners. This way folks who just want to set and forget their node can at least get the latest security updates.

GM Before of complaining, ask yourself: How am I complicit in creating the circumstances leading to my unhappiness? Then take action on that. You‘re welcome.