21 sats \ 0 replies \ @BTCLNAT 2h \ on: Ask SN: Bitcoin node or not? AskSN
A node provides support to the Bitcoin network, but running a node is an advantage and a great responsibility. I was recently reading the very spectacular @DarthCoin Guides, specifically on the topic of how some have misused the possibility of having a node. That is why this guide shows what type of node to run according to the need and the knowledge we have. So I agree with the idea that even when a node contributes to the Bitcoin network, not all of us should have one, at least not a complete one.
Here is the link to the aforementioned guide
https://darthcoin.substack.com/p/ln-user-recommendations
"Here comes Zeus, starting with version v0.8.0 announced on their blog, is now offering an embedded LND node into the app. Until now Zeus was a remote node management app + LNDhub accounts. But now… the node is in the phone!"
Here is the guide from @DarthCoin that deals with this topic:
https://darthcoin.substack.com/p/getting-started-zeus-mobile
Investing in hardware to create a node, as long as the motivation is to contribute to the Bitcoin/Lightning network and seek independence, I think it would be good, but if that is not what motivates us, it is better not to. As the saying goes: "If you are not going to help, it is better not to bother"
Those are my comments and considerations. I hope you contribute with them.
I hadn't seen this post. There are some things that have already changed. One of them is that even though it is true that to create the account you need a phone number, which is solved with SMSPool, after the account is created you link an email, I don't have to explain that it will only be for that use, and then delete the number that is used to create the account.
To create an invoice it can be done in SATs or in USD, one can choose. You can also choose whether to receive it in the StableSat (USD) account or in the BTC account, this is useful for those who are concerned about the volatility of Bitcoin and also for those who want to take advantage of this option to do their trading and earn their SATs.
A wallet that had some trading in the wallet was the late 10101 wallet, which was self-custody, with a future trading system and exchange to USDT.
The Blink wallet is being widely used by merchants who have neither the technical knowledge nor the financial means to use other options, but who are nevertheless trying hard to adopt Bitcoin into their economy. I wish we could all have the possibility of having a private Lightning node and sharing it with others to help, I wish we all had the possibility of living in countries where we could simply buy the essentials we need to survive and also be able to buy Bitcoin, I wish we could collect our SALARY in Bitcoin and not in shitty fiat. But not all of us have that possibility, but we continue to do our best to free ourselves. Even if for some this does not seem enough.
I would like to make a clarification of grammar and translation:
@DarthCoin made an IMPORTANT point, not an impossible point.
And I look forward to seeing you down the rabbit hole.
Thank you and sorry for these mistakes of mine.
" What is the practical and realistic limit to the amount of any resource is always the human time that is spent producing it, for time is the only real scarce resource (until the creation of Bitcoin). In his masterful work The Last Resource, economist Julian L. Simon explains that the only limited resource, and indeed the only thing to which the term "resource" is validly applied, is human time"
This quote is from chapter 9 of the book The Bitcoin Standard, a must read for everyone, Bitcoiner or Non-coiner.
I do not intend to make any review of this excellent publication, it would be appropriate to do so in the Books and Articles area. Rather, I want to share my yesterday with the community.
I usually have, as far as possible, some activity on the platform. But yesterday was not the case. The reason, I CONSUMED THE ONLY LIMITED RESOURCE IN HELPING MY TWO CHILDREN.
Today when I got up and checked a notification I found:
" you lost your cowboy hat
After 27 days, you lost your cowboy hat in a wild shoot-out on the outskirts of town. Tough luck, tIme to start searching for another one."
Then I checked my statistics and found that I had only participated in one survey. JUST THAT.
Well, yesterday after returning from work, I had to help my oldest son with an electrical problem on his electric motorcycle. It was either that or a huge expense to have someone else do the work. It's not that I care about spending money. What I can do is do it myself and also teach him and SPEND MY TIME HELPING HIM, so that I don't have to pay a fiat that I can later use to buy everyday necessities or BITCOIN. So we worked hard and managed to solve the problem. What made me happiest was the feeling of having done the work together and that he learned, the same thing my father once did with me.
But it turns out that before I started working with my oldest son, the youngest called me because he had a plumbing problem in the bathroom at home. I explained to him that I was going to help his brother and then I would help him. The reasoning was the same. We can do it together, he learns and unnecessary expenses are reduced.
So it happened, I finished with my eldest son and then I went out with my tools to my youngest son's house, on the other side of town, although it is within walking distance. We started and finished after a lot of hard work. As a result, the problem was solved and he learned.
Finishing everything, around 8 or 9 pm, I returned home. I was very tired, but after a bath and dinner I was ready to interact and work on the platform, but A BLACKOUT came. The mobile data towers went down and along with them my hope of working on SN, so I couldn't do anything.
I would have liked to share with the community yesterday but it wasn't possible, I used the only truly limited resource (until Bitcoin was invented) to help and teach my two children. I hope I managed to produce a good product, namely knowledge and affection in my children, after having invested all that time with and for them.
Solid write up. Thanks for sharing.If you don't release any product or conduct any service until after you have received at least 1 confirmation, then you don't have to worry about double spending as a recipient.RBF makes the fee market much more efficient by enabling users to low-ball their original fee and see if it get added to a block and then later bump the fee to get added sooner.Before RBF, wallet miner fees were something like "high, medium, and low" but with precise fee rate functionality, the mempool becomes more precise and everyone benefits overall.Just my two sats. That is precisely the warning for someone who is starting out, if they are a merchant and there is a payment with RBF, the client does not leave until confirmation.
Of course, if there is no bad intention, we can regulate and pay the lowest possible fee. By assessing the commissions in the next block, I can configure to enter with the lowest possible fee, then I can adjust to stay in the block until the first confirmation.
But you also have to know how to use the option. So always check before executing.
I haven't posted in the Stacker Saloon for a while now. I've been active in a few territories, more or less every day, but always trying to contribute to the community.
When I started on the platform I immediately focused on stacking what I could, since it's the way I have to get SATs, you buy them when there's leftovers after buying food, so I have to earn them by working. My posts were focused on responding to posts made by other stackers. I started making posts in several territories, at first I was very worried about the SATs I was spending, but I still made the posts.
Later I've learned that the most important thing is to focus on sharing quality posts with the community, regardless of how much I could spend or stack with that post.
Stacking SATs is necessary, we know they are scarce, but the quality of our work, whatever it may be, must prevail. I've learned, I'm reading more, studying more and sharing what I find interesting. That's what I've been doing these days.