Finally getting around to playing with cashu again… any good guids on some of the newer integrations with nostr?
armstrys
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After getting the email from Braiins today it seems so obvious that the slightly misleading marketing from Ocean is a very strategic move to capture a solid market share by filling the void that Braiins just left.
Hot take 🌶️ : @OCEAN should drop the “non-custodial” claim and pushed for an cashu payout implementation.
1. Unlike centralization vs. decentralization, non-custodial is binary. Ocean by design does custody payouts after receiving rewards from the Coinbase - what they are doing is trying to minimize the length of time they have to custody the payouts.
2. The best thing a custodian can do in the bitcoin space (IMO) is allow their users to take self-custody as quickly and privately as possible, which is why what Ocean is doing is positive overall.
3. Cashu specifically is a purely custodial implementation that is fully interoperable with lightning and offers privacy guarantees that a custodian can’t normally offer.
4. Lightning lowers the accumulation barrier for withdrawal significantly.
5. Cashu offered by a custodial entity gives all the benefits of lightning withdrawal plus added benefits of cashu to user privacy and potentially auditability.
6. Cashu offered by a custodian has few (no?) drawbacks since the custodian is already custodial and cashu tokens could be withdrawn automatically via lightning at any time or frequency (including immediately).
Obviously cashu is in its early stages and may require more development, but will @OCEAN take the plunge?
H/T @calle for all his great work on cashu and pushing custodians to improve
So you want to build an S9 space heater for your last winter before the halving? Here is what I found while trying to optimize for cost and silence. I don’t think much of this is original, but generally like to share so we don’t all have to repeat the same experiments. Total build cost of about $225 that hashes about 9 TH/s at less than 40 dB and can be used at a slight hum in a bedroom. View quoted note →