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Block headers + per-receipt merkle proof + one elliptic-curve check is the entire verification path. The cost is roughly: 70 MB of Bitcoin headers, a few hundred lines of merkle/header/tx-parser code,
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Ah so if you didn't receive the nostr message you didn't receive the Bitcoin, gotcha 🤣🤣🤣
I can still scan.. I just don't need to do it in realtime.
Well good luck with that. I think you may actually have never used an SP wallet?
I have, I see the issue.. but you are vastly exaggerating it.
I've been using SP payments since it's inception. Craig Raw, the dev of sparrow, one of the best Bitcoin wallet devs we have, literally published a whole GPU based scanner recently. It's not exaggerated. It just shows how naive these ideas are, given years of Bitcoin dev and discussions.
We've had all these ideas before years ago and discussed them many many many times.
Yeah. I walked over those papers (my PhD is in computer graphics... I spent 10 years developing GPU algorithms). There is one that claims full scan in 1 hour or so. That's good enough as fallback. Even if it takes 24 hours, it is still good enough because it is just fallback.
No doubt about your expertise in GPUs and algorithms, I appreciate it. Having to scan for 24 hours and download the entire blockchain to get your zaps is just completely misguided IMO. Ignoring the fact that on-chain zaps are inherently retarded.
Lots of things in nostr are retarded. We have literally one of the worst protocols ever made from an engineering standpoint. So forgive for not following the norm. The UX alone of having a quick hot wallet without relying on custody or channels or vendor APIs is beautiful. If we can fix the privacy issue, it will be better.. but as it stands might more sense than you think at first glance.
I'm not saying follow the protocol, the protocol is indeed stupid and I think it should change in various ways.
That's just not a good argument or neither worth it to make things worse in so many other dimensions.
Its about the UX. Everything else we have tried has absolutely sucked big time for users. This is the first time in 4 years that we found a good experience out of anything related to Bitcoin on nostr.
Lots of problems, yes. But you can't deny how cool it is and how fast sats are moving, even on chain.
You keep saying it's a good UX but that's simply not true
"We have literally one of the worst protocols ever made from an engineering standpoint." ---
Can't be denied 🤣
Talking about On chain data and analytics , Arkham just launch API , integrated real time blockchain data
Into your product —- who wants that ? Anyone
Stuff every Nostr app should already have because of OTS mind you
I am adding it. We will become a Bitcoin node in time