I should probably study Ethereum more. I really have little understanding of its mechanics.

They burn ethereum to validate transactions? Thats odd.

I would be really really be disappointed if anyone on Stacker.News has their stash on an exchange.

And if anyone of you do, shame on you. You should know better.

The same hashrate we have now can be achieved with lower costs. And the network of miners will find cheaper hashrates when the need arises.

Great work! Keep it up. We want a weekly post please.

Oh, you are right. You will receive the payment when you go online, i believe. But you dont need to be online to provide an invoice. Thats how i understand it.

Sent some sats. We really need to encourage business owners. They are the next step.

If i was to be in this situation now, i wouldnt take the route you are doing. Only because the amount isnt risky yet.

At this stage I would convert all to BTC. Get a reputable lightning wallet (maybe alby+bluewallet). Even though its custodial is not an issue in your case. And send them over lightning.

This is not the best approach, but you can do this relatively safely until you get to $100 then start moving into a better lightning solution. Maybe Phoenix, or by that time, new Zeus would be out.

When you get to a $1000 start moving to a real wallet on chain.

The reason I am saying all this, is i want to save you as much transaction fees as possible. This is really good especially if your exchange supports lightning. Binance does now, if you are on binance.

The ability to receive payment even when the node is offline.

In typical nodes, your node has to stay online to communicate with the sender and be able to auto generate an invoice.

Bolt12 does that even if the sender cant communicate live with the receiver node.

Thank you for the context. Its an amazing story.

Isnt that bolt12 in action?

Great video. Thank you. What the alias of the creator?

What kills me is that the proponents of Drivechain fail to understand that there are two types of customers.

There are the ones who want Bitcoin to be the best it can be, and they dont see the need for side chains, hence from their PoV, there is no demand for it.

And there is the otherside. The gamblers, who will open the floodgates to the sidechain casino. Which will drive unwanted demand.

And of course there is the crazy mining approach with all its risks.

Im group 1. I would prefer we continue working on Lightning.

What BS do you smell now?

Wait what happened. I want to know more.

Multisig to me seems like an overkill for individual use, makes more sense for corporate applications.

I want to add to this the 12/24 words are not just your backup. They ARE your wallet. Anyone who has access to them, has access to your BTC.

Also, you may not have access to a Hardware wallet. But you can technically turn an old phone to a cold wallet, by ensuring it remains offline and you never connect it to anything. But of course these are as secure, but slightly more secure than a hot wallet.