coinbase supports over 100 shitcoin chains natively but had to outsource their lightning implementation you might think this is because coinbase is retarded but actually it's because lightning is retarded sadly this isn't twitter so I can't disable comments, my body is ready for your hate, let it flow through you directly to my chan_status_borked

Replies (95)

Tony Acid 's avatar
Tony Acid 3 weeks ago
can you explain your point of view? also, what's the alternative in your opinion? ps: I can't hate you cos I don't believe in truth, only different perspectives.
Idk about utxo's opinion but we should be using actual proof of work cryptocurrencies. Bitcoin, doggie coin, Monero, etc. Not lightning, which uses "self hosting" as a euphemism for using a server you control instead of literally self hosting
Idk if utxo will explain but I keep saying this, it can't be self hosted. Lightning is one of those things that uses "self hosting" as a euphemism for "using a server you control." It's not an actual p2p proof of work cryptocurrency like bitcoin
If I had suggested using shitcoins it would sound like you're using those words correctly, but instead it seems like you mistyped when you meant to put "I'm a fucking retard with nothing to say but replying anyway to waste your time"
I'm more interested in what caused this note Was it force closures πŸ˜‚
pico4's avatar
pico4 3 weeks ago
that’s the downside of an uncensorable social network! you cannot censor comments you don’t like
If I had suggested using shitcoins it would sound like you're using those words correctly, but instead it seems like you mistyped when you meant to put "I'm a fucking retard with nothing to say but replying anyway to waste your time"
I'm running lnd testnet on my server and so far no problems. Also setting up lightning through Zeus wallet is pretty easy. And Phoenix Wallet manages the hard part themselves. I think Lightning is great for instant payments. I don't know if merchants are willing to take unconfirmed on-chain transactions. Depends on the fee. But they won't see the fee.
No. It was a calculated move by Conbase with Lightspark. And is a long shot plan as it was from the beginning with Conbase. Remember that Conbase started as bitcoin only exchange long time ago. Lightspark is the 2nd phase of taking over the control of bitcoin users. Do not underestimate WHO is behind all this move: the Marcus family.
i've been running a node for almost 6 years. i too can say that i've had no issues and works great for me. i've also helped dozens of people over the years troubleshoot and recover funds from their nodes. literally remoting into people's nodes and recovering their funds for them. this is not sustainable. not everyone has a trusted nerd in their pocket. i've also helped countless dozens of people get on-boarded to lightning and struggled to give them solid options because they're nerds like you and i. lightning is hard for most people.
Yeah, I ran an LND node on Umbrel for the whole period where Phoenix left the USA. Not fun. I didn’t lose any sats but it was a pain in the ass, and not worth it imo. As soon as Phoenix came back I went back to that and I’ll probably eventually switch to Ark. The Arkade.money PWA wallet seems cool so far but too early for a daily driver.
I disagree Lightning was retarded a few years ago οΏΌοΏΌ But now with things like Zeus, ecash, phoenix, and Nostr…. It’s no longer retarded. It’s easy and badass. The clowns running coinbase are just clowns
Lightning network is "secured" by paying the authorities for bandwidth and electricity and space to let you share control of your servers with them Actual Bitcoin network is secured by paying miners and nodes to actually secure the network
Bitcoin nodes aren't standard with homes, you can't just run a lightning node or a Bitcoin node from home Worthwhile cryptocurrencies don't require you to rent a node, you just pay when you actually have a transaction and you have actual self custody
and yet people say there's no friction and the friction is gone... the fact still remains. node in the phone is great, but it's only great for people that aren't able to run node in the computer. and even then, that's still not great for the vast majority of people.
Opening channels isn't free. You open them only for them to force closed again. No support or accountability from the people making the apps. Literally a scam πŸ€·β€β™‚οΈ
which is why i say it's great! it is great that this technology exists. but it's just not roll your face across the phone easy to do yet. it doesn't work 100% of the time without issues yet. it's great, but still has a lot of room for improvement.
I would definitely never recommend those services to a friend looking into Bitcoin. On-chain is fine, but lightning has so many caveats and problems I wouldn't risk it.
Your uninformed and uneducated on the topic apparently Maybe you tried it like a year or 2 ago lol But it’s different now Anyways I’m done letting you ruin my morning Bye
+1 on this. I would have more sats now if the narrative was β€œuse a custodial wallet” rather than β€œyou need to run an ln node or you’re not a real one”. Such bullshit
Ryan speaks the truth. This is the experience of most people who ran ln. Sure, you’re in control, but you lose way more sats that way. WoS never rugged me so far
πŸ’― I've got a couple friends into Bitcoin. For their purposes, saving, lightning isn't really necessary, on chain is all they need. Hopefully it gets better with time.
Nah its self custody And extremely easy Phoenix or Zeus Shilling kyc shit is trash Or Minibits Or npub.cash It’s normie friendly I’ve seen 12 year olds do it no prob.
Cash app is my goto custodial choice, I like that when I spend dollars through it I have it rounding to the nearest dollar and that difference is automatically turned to sats for me.
I think one of the most damaging things in the Bitcoin space is wilful ignorance of how bad some of the tools actually are. Toxic positivity can be just as bad as the negative version. If you can't admit your problems, they never get fixed.
Jew hater spotted Marcus is a piece of shit like a lot of Christian and Muslims. Bryan Armstrong is way worse but you don’t say anything about his religion Blaming the Jews is a lazy cop out and bitcoiners need to do better
The internet isn't inherently part of your home. You can "run a node" i.e. have a server run a node in a place where you have a constant internet connection, not wherever you sleep. Or you can rent one remotely that has nothing to do with where you sleep. But you can't "just do it," you can't just "run a node," it's a euphemism for having internet access, electricity, space to put a server, etc. It's worthless when we already had actual P2P proof of work payment ledgers before it was invented. Why would you downgrade to some bank style shit when we already have a decentralized network that defeats the purpose of banks? Bitcoin and Monero and doggie coin let you actually self custody your money
ecash is a centralized custodial IOU altcoin rug factory with the B logo drawn on it in crayon. it's not bitcoin. you are promoting an affinity scam. and if you think zeus is easy you might have autism
All this talk about LN makes me remember the old days when OGs viewed Monero as the silver to Bitcoins gold!! If you plot ahead it really makes more sense to use Monero by the masses since they won’t be able to easily acquire Bitcoin post collapse
Monero is the most easiest to run a node. Haven't seen anything that comes close to the easiness.
Default avatar
nobody 3 weeks ago
Saved me from: celcius,blockfi, grayscale, FTX, inscriptions (Udi) facebook, google, oracle, pornhub……
Zeus's built in node is quite a nice balance for sovereignty and convenience. Blixt too. Full LND only gives some marginal additional utility, but set up is quite easy these days particularly with Olympus as an LSP. You can get as in the weeds as you want or keep it simple.
Will repeat myself again. Blaming Jews for all the world’s problems is a lazy cop out and bitcoiners need to do better. We should hold ourselves to a higher standard Cope harder and go fuck yourself if you can’t get past your Jew hate and continue to post this Jew hating bullshit
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nobody 3 weeks ago
Fuck off jew. I can post whatever i want here. Nigger. Go back to the jew controlled platforms if you cant handle it.
You sure can and I will call you out for being a retard Cope harder and go fuck yourself
its silly if you run a node and do channel management. Ive lost a bunch of umbrel and mynode back in the day, trustodial lightning is an excellent experience. I learned the lessons #reckless a few times and should have listened to the disclaimer.
Writes a post about lightning being retarded and receives sats for writing said post using lightning. This is a marketing genius at work.
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