Cyph3rp9nk's avatar
Cyph3rp9nk cyph3rp9nk@getalby.com 2 weeks ago
Centralized services operating under government regulations are becoming increasingly restrictive. The latest is that they have blocked funds coming from Boltz for failing to comply with their AML terms. If Boltz is blocked across the board, all the progress we have made will go to waste and we will not have Bitcoin layers that are interoperable with each other. We cannot depend on a centralized service. Once again, the folks at Monero are doing better than us. They have Eigenwallet, a decentralized service for exchanging Bitcoin for Monero through makers. We have Boltz's code, which we know works, now we have to create a maker system like Joinmarket or Eigenwallet. Sooner or later, they will also end up blocking Bitcoins coming from Liquid. The solution for merchants also involves using solutions like BTCPay Server and not using government-regulated crap.

Replies (8)

goatmeal's avatar
goatmeal goatmeal@apathy.tv 2 weeks ago
lightning can't scale without centralized entities. it's 100% a waste of time. people have been trying to make you understand this for 8 years. arkade and spark too. btcpayserver won't save you from anything. you won't be able to make anything better without a consensus change.
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Cyph3rp9nk's avatar
Cyph3rp9nk cyph3rp9nk@getalby.com 2 weeks ago
Just out of curiosity, how do you find my posts? Because it doesn't look like you follow me. Are you so obsessed that you monitor all of Monero's posts? Seriously, man, stop bothering me. If you want, I'll give you my Monero address so you can make a donation and calm down. Although I think your problem is that you'll never be able to get a woman. 85gdUrN8Q3WTDsdYD4rhSCd6xLHxXtgW2j2t6cEKQahaf4tmYg4zgbZZXu4gvQCqj8inM5j8Fw7pbASHQRhEUQB7FudPtgq
1 replies ↓
Cyph3rp9nk's avatar
Cyph3rp9nk cyph3rp9nk@getalby.com 2 weeks ago
I believe that decentralized atomic swaps will eventually emerge in the different layers of Bitcoin because Boltz will end up the same way as all centralized services.
goatmeal's avatar
goatmeal goatmeal@apathy.tv 2 weeks ago
>Just out of curiosity, how do you find my posts ok so there's this thing called microblogging. and there's a few buttons beneath whatever you post. sometimes the buttons look like speech bubbles or arrows or quotation marks. if someone else clicks on some of these buttons, sometimes it makes me see your post. I know it can be very confusing but you'll get it
goatmeal's avatar
goatmeal goatmeal@apathy.tv 2 weeks ago
woooooow. if only someone said this would happen. if only there were a group of people who described, in excruciating detail, exactly how and why this was going to happen and what we needed to do to avoid it. @Cyph3rp9nk is still a lightning dupe but for some strange reason I believe he can change View quoted note →
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