This Day in Stacker News: July 12th \ stacker news ~meta

pull down to refresh

595 sats \ 29 comments \ @Undisciplined 12 Jul meta

zaps forwarded to @k00b (20%)

Yesterday's edition #604559

📝 TOP POST

Portable experiences

Excerpt

The nostr protocol directly solves two problems in internet applications: identity portability and data portability. Products built on nostr can depend on those two problems being solved. For most other equally challenging problems, the nostr protoco […]

3636 sats \ 26 comments \ @k00b \ ~nostr

💬 TOP COMMENT

#208122

Excerpt

One thing I've noticed: almost all nostr profiles have a display name, a picture, and a bio, and almost all of them seem to be stored exclusively on relay.damus.io. I've connected to the top 5 relays on nostr.watch, queried for metadata for random ac […]

1046 sats \ 1 reply \ @super_testnet

From Portable experiences by @k00b in ~nostr

🏆 TOP STACKER

1st place @k00b

11.3k stacked \ 15.7k spent \ 2 posts \ 17 comments \ 0 referrals

🗺️ TOP TERRITORY

~bitcoin

everything bitcoin related

founded by @k00b on Tue May 02 2023

22.3k stacked \ 0 revenue \ 35.3k spent \ 108 posts \ 245 comments

https://imgprxy.stacker.news/fsFoWlgwKYsk5mxx2ijgqU8fg04I_2zA_D28t_grR74/rs:fit:960:540/aHR0cHM6Ly9tLnN0YWNrZXIubmV3cy8yMzc5Ng

📝 TOP POST

Hey so SN raised a seed round

Excerpt

Max Webster at Hivemind led with Ross Stevens (the NYDIG one), Raymond Tonsing of Caffeinated Capital, Mishti Sharma with Caffeinated's Collective Fund, and Steve Lee filling up the rest.

18.6k sats \ 93 comments \ @k00b \ ~meta

💬 TOP COMMENT

#44097

Excerpt

Another "interesting" thing to note: where are Coinbase's, Gemini's and Binance's LN implementations?

331 sats \ 0 replies \ @moon

From Exchanges on Lightning by @kr in ~bitcoin

🏆 TOP STACKER

1st place @k00b

21k stacked \ 26.2k spent \ 4 posts \ 39 comments \ 0 referrals

🗺️ TOP TERRITORY

~bitcoin

everything bitcoin related

founded by @k00b on Tue May 02 2023

22.9k stacked \ 0 revenue \ 26.3k spent \ 119 posts \ 321 comments

https://imgprxy.stacker.news/fsFoWlgwKYsk5mxx2ijgqU8fg04I_2zA_D28t_grR74/rs:fit:960:540/aHR0cHM6Ly9tLnN0YWNrZXIubmV3cy8yMzc5Ng

📝 TOP POST

Help a newb stack

Link to https://lightningbutton.com/

6 sats \ 3 comments \ @qecez \ ~bitcoin

💬 TOP COMMENT

#286

Excerpt

I’m seeing “Sorry This page does not exist yet.”

1 sat \ 1 reply \ @02552fb987

From Deploy a lightning node in one line by @k00b in ~bitcoin

🗺️ TOP TERRITORY

~bitcoin

everything bitcoin related

founded by @k00b on Tue May 02 2023

25 stacked \ 0 revenue \ 72 spent \ 8 posts \ 9 comments

view all related items

95 sats \ 21 replies \ @grayruby 12 Jul

Hopefully some way for the SN community to participate in the next round of funding.

50 sats \ 20 replies \ @Undisciplined OP 12 Jul

That's sort of what territories are.

212 sats \ 19 replies \ @grayruby 12 Jul

In a way. It allows you to invest in and partake in the potential growth of SN but say Elon finds SN and likes some feature of SN. He could have his team reverse engineer and copy it or he could offer k00b 10M to just buy SN. If k00b accepts SN and its investors do well but territory owners have nothing.

That being said if I was an investor in SN I might not enjoy myself as much on the site.

163 sats \ 18 replies \ @Undisciplined OP 12 Jul

That's a really good point. It would be nice if there were a more formal agreement with territory owners that treated you as something closer to site partners or shareholders.

I'm thinking about the possibility of buying ~econ and as much as I trust @k00b, the ability to just get completely rugged bothers me.

69 sats \ 17 replies \ @k00b fwd 12 Jul

Maybe when we have some bandwidth I can look at territory founders really owning sn in a literal sense.

Out of curiosity though, what kind of rug pulls concern you? I could guess, but I probably don’t think about it the same way.

1254 sats \ 15 replies \ @grayruby 12 Jul

Personally, I look at territories as sort of a franchise. It's not really a brand license because we operate within the SN ecosystem.

Eventually I would like to see some sort of franchise agreement (can be very basic) between SN and territories. What are territories rights, what are SN rights, do territories have any protections from others starting competing territories. I am not against competing territories but if SN were to become very popular and territories were profitable it is likely people will try to create competing territories for the most profitable ones.

Also I think SN needs a cohesive marketing plan that territories can tap into. I think territories can help with the SN brand as well. I am somewhat troubled that although SN has clearly grown over the past 3 years, it hasn't captured a lot of the low hanging fruit (bitcoiners that are active on X, nostr, reddit). Sometimes it feels like pulling teeth to try to get people to give SN a try and I don't know why that is. Maybe inertia (people stick with platforms they are on even if they dislike them) and maybe a bit of exhaustion with all the "bitcoin things" one needs to keep up with these days.

Marketing SN is a tough proposition because the easiest path is to promote it as a way to stack sats but we are already seeing too many people that are optimizing for sats. So, need to balance user growth and quality of community. The harder path is "a better community".

The long term viability of SN and all its territories will be dependent on the ability to grow the user base while maintaining a great community.

135 sats \ 5 replies \ @Undisciplined OP 12 Jul

I predict that this comment will appear in 2025's This Day in Stacker News.

Hopefully, we look back on it with appreciation for how much positive change has happened since.

69 sats \ 2 replies \ @grayruby 12 Jul

Hope not. Hopefully someone will see it and respond with an awesome action plan as to how SN can grow users by 100x and still preserve the integrity of the community. For those smarter than I to figure out.

view replies

20 sats \ 1 reply \ @jakoyoh629 12 Jul

Zapped

view replies

92 sats \ 7 replies \ @k00b fwd 12 Jul

Future stackers aren't on X for the most part. They're on reddit, hacker news, and less wrong. They're people that want to be pseudonymous, honest, helpful, and vulnerable - forum folk, plebs not celebs. X tbh is nearly the antithesis of that.

At least, that's my hypothesis and to test it we need to hire the right person to recruit from there.

212 sats \ 6 replies \ @grayruby 12 Jul

Mostly agree but anecdotal counterpoint. I found SN from twitter (X) and once I tried it, realized it was such a better community, experience that I was hooked. Not saying all bitcoiners on X are looking for that, many who were migrated to nostr.

Years ago I did a ceiling tile replacement for a car dealership. When I was working on the ceiling and looking down I noticed the lights were not reflecting off the porcelain floor tiles. I told the GM your porcelain tiles need to be resurfaced and he said "No we just did that a couple years ago. They said it should last 10 years" and I replied "they didn't do a very good job" and offered him a demo. The following week I brought in some equipment and resurfaced and refinished a few tiles and showed him the difference. He was shocked.

Point being sometimes people don't realize they have gotten a shit service or are using a shit product until they try something else.

view replies

20 sats \ 0 replies \ @BitcoinAbhi 12 Jul

I fully agree!

120 sats \ 0 replies \ @Undisciplined OP 12 Jul

To be clear, it's the existence of the technical possibility that bothers me, not any expectation that it would happen.

Basically, if I buy a territory outright and you shut down the site, for whatever reason, I'm just screwed. If you sell the site to an organization I don't want to be part of, there's no buy-out for me. Stuff like that.