For 2 years I've been begging anyone to tell me why ecash is superior to running a lightning node. The only answer is the tired old "muh node too hard" trope.
Modern humans are *so stupid* that they will say running a node is too hard and then walk around with their sats in a pocket full of holes.
The whole point of Bitcoin is trust no one, verify it yourself. If we do not purge this "we need trusted custodians for Gam Gam" mentality we've been stuck in lately, this "mass adoption" everyone is so psychotically fixated upon will be meaningless. Mass adoption via custodians is not freedom money.
I can't see a single problem Ecash solves that a lightning node doesn't solve more elegantly, and ecash introduces new problems as well. I don't blame Agron; it's a larger cultural problem. Everyone here seems to be chasing a misguided incentive where they do the work of a node for the masses who aren't ready yet. Learning about why Bitcoin matters takes time and real work, but too many are trying to be the guy who invents a short cut to some watered-down "mass adoption".
A peer-to-peer electronic cash system is a node-to-node electronic cash system. Running a node is the standard, and anything less is simply not going to be good enough. If bitcoiner types truly want mass adoption as they say, they should be hyper-focused on how to run more lightning nodes in more places more easily.
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Totally agreed.
I can wrap my head around a node. Still haven't figured out the ecash thing. Seems weird to me.
For 2 years I've been begging anyone to tell me why ecash is superior to running a lightning node. The only answer is the tired old "muh node too hard" trope.
Modern humans are *so stupid* that they will say running a node is too hard and then walk around with their sats in a pocket full of holes.
The whole point of Bitcoin is trust no one, verify it yourself. If we do not purge this "we need trusted custodians for Gam Gam" mentality we've been stuck in lately, this "mass adoption" everyone is so psychotically fixated upon will be meaningless. Mass adoption via custodians is not freedom money.
I can't see a single problem Ecash solves that a lightning node doesn't solve more elegantly, and ecash introduces new problems as well. I don't blame Agron; it's a larger cultural problem. Everyone here seems to be chasing a misguided incentive where they do the work of a node for the masses who aren't ready yet. Learning about why Bitcoin matters takes time and real work, but too many are trying to be the guy who invents a short cut to some watered-down "mass adoption".
A peer-to-peer electronic cash system is a node-to-node electronic cash system. Running a node is the standard, and anything less is simply not going to be good enough. If bitcoiner types truly want mass adoption as they say, they should be hyper-focused on how to run more lightning nodes in more places more easily.
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In regards to cashu specifically, it requires a lightning node in order to run a cashu mint in the first place. It is not less complicated, but is a more private way for users to transact within the same mint. Payments between mints are made via regular lighting payments, so it would be pointless for every user to run their own mint. Think of cashu as a more private form of custodial lightning, because unless you are the mint operator you are entrusting someone else with your bitcoin.
Yes, that's the same line I've got from the people who actually know what they're talking about: "It's an improvement on custodial lightning for privacy and ease of access."
We don't need better custodial lightning, though. We need more people to have access to non-custodial lightning. Simple as.
Yea self custody lightning has gotten a lot easier, especially for just making regular payments like with apps Zeus, Breez, Phoenix. For receiving asynchronous payments though, the complexity is still too high for a lot of people.
I wouldn't completely discount ecash. The privacy thing you know about, but I think it is a big deal for those that value it.
The second thing is that ecash token can bridge network mediums. I can give you a token via radio, qr, cassette, etc...
But you are ultimately correct in that the lightning network require nodes. Nodes are decentralized subway stations and node operators build their tunnels to their liking.
You need access to the subway though. And there will always be just 2 choices. Use your own station, or someone else's.
You should really listen to that episode I did, it just came out and it's long so I understand. But I really had you in mind with some of the questions I was asking Juraj.
Freedom of choice is always good. Just don’t go choosing multiple wives and husbands though in some cultures that’s a thing.
I use Ecash and Alby for the fun of it
I'm planning on it today, Podcasting 2.0 is live right now so I'm in there.
I got rugged from the last cashu mint I joined.
I was told it was for testing so I joined it and added a small amount of funds and then 2 weeks later without notice he shut the thing down and my funds were gone.
I also lost some because I copied an offer I made, and it didn’t paste right in another app and I didn’t know how to find it again do they were gone.
ecash folks started by accenting how it solves the privacy issue, but now we have bolt12 spec which is way better and easier. Now they say but lightning can't scale as easily as ecash. Fuck custodians; bitcoin was created to eliminate third parties.
If one can't run a node, better keep your money in a bank.
You sent money to a random stranger and he rugged you.
Shocking I tell you.
I believe ecash has its uses, but trusting a complete stranger not to rug their users isn't it.
You got a point. I still use it but I get you
Ark