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Jestopher
Jestopher@Amboss.space
npub18yvp...lpz3
Co-founder of Amboss Technologies, Inc. "Never before has greed tempted me to live a very simple life." Mostly #memes & #lightningnetwork thoughts https://amboss.tech
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Jestopher 2 months ago
I'm blown away. Lightning is insanely efficient. I just watched someone get $7,118 of liquidity for $10. That's a total payment processing cost of 0.14%. >20x cheaper than VISA. No chargebacks. Instant. No liquidity management required if you buy channels.
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Jestopher 2 months ago
Are there any getAlby users here that can help test the magma LSP? We keep getting orders but they aren't proceeding past the paying step. Is there a UI issue preventing them from paying? Any help would be greatly appreciated
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Jestopher 2 months ago
Send me your ramen tips please 😅
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Jestopher 2 months ago
I was told LNMarkets needs some extra liquidity for their exchange. Here's an invoice to gift them ~7M sats of inbound. lnbc162150n1p536rqkpp536uvurjracvntl8hnmu2ag6vh3nce39gf4lm69dx6u5mdp93ya0sdr02pskjepqw3hjqstdvfhhxueq2d6x7un9yq5y7unyv4ezqj2y8gsrvepnvymnge3n95ekxcfn956r2dmy95ukgv3h94jxyepe89snsetz8yekz2gcqzzsxqrrs0sp55e3ddvdk8zggp6fhwwtylsdxqsy9pc4ax22xhyx54faxfhf9cnlq9qxpqysgqr24v2w0er5504u6a4pfzczz9fc25zvllgjp223g022lttzuuqkjrsxpje2m8mrprwrefl9g584dyw2kvrae4yp2e4h4nmlw926alq5sq08d3c2 image #lightningnetwork
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Jestopher 2 months ago
He was such an optimist image #memes #funny
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Jestopher 3 months ago
The total lightning node count trend did a sharp reversal in July. Obviously the tech has always been strong, but what changed in July? image h/t @Amboss #lightning
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Jestopher 3 months ago
It's pretty unfortunate that we collectively give so much attention to people that cause controversy instead of to those that move forward consensus.
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Jestopher 3 months ago
Intelligence for Rails @Amboss has been updated which improves upon channel closing logic. Selecting which channels to close is a surprisingly challenging problem since it must value the opportunity cost of liquidity deployed in channels. Since liquidity leases are so much higher yielding than typical routing events but far more infrequent, the opportunity cost valuation is very complex. In order to fulfill a lease quickly, Bitcoin needs to be immediately available, which means that Bitcoin must be onchain. As a result of the increased intelligence (and fresh data feeds to Rails) we can cycle Bitcoin more quickly, allowing faster discovery of new routing opportunities on the network. Deployed capacity of our Rails cluster in the near term has sharply dropped following the upgrade, which gives us the opportunity to redeploy in more strategic zones.
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Jestopher 3 months ago
Received our first credit card dispute... How is this still the dominant payment system?!
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Jestopher 3 months ago
If you've been debanked, how do you get paid? How do you cash a check?
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Jestopher 3 months ago
Just experienced a 5.8 earthquake! Wow the earth is powerful! The energy released is equivalent to roughly half of an atomic bomb. image