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0 sats \ 0 replies \ @Godot 4 Jul \ on: BOLT 12 vs LNURL bitcoin
BOLT12 is the future. Offers more privacy and is more decentralized. LNURL repeats the mistakes we made with the internet, as it provides an easy choke point that authorities can use to exert control and track transactions.
I am beyond exited about BOLT12, and don't listen to the naysayers, it works fantastic. I have been receiving BOLT12 payments from OCEAN for weeks now without a hitch, and just tried Phoenix wallet's implementation. It's gorgeous and smooth. BOLT12 frees us from havinh to compromise/choose tradeoffs between reuseable LN invoices, privacy and UX.
Give it a try, it's awesome.
Definitely going to get one. This looks fun, to run a solo pool on my node and play the Bitcoin lottery for a few bucks a month.
How come this didn't have any replies! I tried the Linux version but could not make it work. Will head to Discord to hash it out. Pun intended
I only opened 2 large channels so far, and did not lose any sats to rebalancing. Made about 1000 sats from routing a 1 million sats transaction. Have 2+ million in outbound, 8 million in inbound. Spent 10000 sats opening channels. Not bad. I would recommend it, personally. It's definitely worth it.
Now, if you wants to have a "routing node" with dozens of channels, then you might end up losing sats from rebalancing. I don't need that. I just need inbound, outbound, large channels.
Yeah, not sure exactly what to do in this regard. But I share the sense of unease about the encroaching regulatory capture and the lack of privacy tools at the base layer and the reliance on LSPs on lighting.
Trying to learn Core Lightning is really hard. But I guess it's a place to start. I just wish there was a more accessible way. The GUI doesn't even have a backup function yet, afaik.
Is it worth it to try it with s9 homeheaters?
What is your recommendation for those plebs who are mining with hosted services? Should we try to band together and ask the hosting company to upgrade? Or wait for more stable release?
GENESIS