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0 sats \ 1 reply \ @justin_shocknet 14m \ parent \ on: What creative ideas have you been rambling on? Design
Thanks!
fwiw our Lightning Addresses are still LNURL compatible and should work with anything, there's a fallback via a bridge, you just lose the trustless-ness so it's the same as Alby who provides a bridge.
Might look at a NWC wrapper for CLINK debits to get things rolling there
Core needs to be archived because its very existence squats on a legacy that's upstream of blind downloads and perceived authority.
This is bad for both ossifists with a high bar for change, and people that want changes Core can veto or bikeshed.
Forks would then have to earn downloads and influence on merit and not the legacy of those that came before.
On the one hand Knots being tip-of-the-spear in challenging Core warrants support, but on the other chosing the wrong hill to die on, poor change control, and overall PR posture risks strengthening Core's position. It'll take a 3rd fork to thread the needle before any serious progress can be made in weakening the Bitcoin shadow government that is the NGO's funding Core.
BTCD and Libbitcoin are the most important projects no one talks about because the Core base controls mining.
Looked into it awhile ago and recall not being very compelled, that said I also don't recall any individual items raising red flags... ill have to review again if it makes another push.
It's been around for many years which undermines any urgency claims.
Also bundling and the naming has "Inflation reduction act" vibes. Anything at the consensus layer, if truly pressing, wouldn't need marketing spin.
Bandwagon know-nothings like Steve Lee and technical counter-signals like Corallo (collectively Spiral) having affinity with it is further grounds for not doing it as described. Nothing good can come from lending them credibility, even throwing Corallo a like when we do incidentally align on something feels dirty and like I need to strawman myself.
If we set a precedent that bundling and marketing consensus changes works that's far more dangerous than inaction. Changes to Bitcoin must meet a standard of criticality and overwhelming consensus.
The covenants discussion should be killed, and Core has for years been largely a battleground for vanity PR's... Patriots in control?
May not sound design-y but I've been pretty locked in for a few weeks on Lightning.Pub and ShockWallet distribution with regards to on-boarding new node-runners.
Trying to keep my giga-brain focused on one thing for an extended period with so many irons in the fire might be the biggest challenge, particularly where the chasm between being in the weeds on something for years and then putting yourself in the users shoes is so massive.
Last year before Nashville I threw together a bash script for Pub that got people set up in minutes. Response to this was great, I think for a few reasons:
- It's fast, people like to try things but also don't want to sink a lot of time into trying things
- It's easy but feels hackerish and cypherpunk... there's an element of ego to what people are willing try, a non-technical user watching a shell print so smoothly makes them feel elite, but if it looks too technical they'll be afraid to fail. A single line to paste with fun colors in the script seem to have made it approachable.
- It's powerful, "the juice is worth the squeeze". The features of our stack are without rival, so incorporating things like the nprofile directly in the output expand peoples notions of what's possible and make them feel like insiders who are onto what's next.
- It's cheap, Start9's/Umbrels get close on most of the above criteria but still leave a hole in that a casual can't just spin up a $3/month VPS if they fear commitment.
I spent most of last week on v.2 of this script to make it more robust and made it even faster:
Can now literally spin up, connect to, and invite friends/family to your own self-hosted Lightning system in under a minute... which also means sharing the overhead (actually earn revenue) unlike other express options that have typically taken the form of mobile nodes.
It's in a pretty good place, got it passing tests on all the major Linuxes and ARM chips over the weekend.
The latter part of the journey, like tweaking node settings and making a social-like node-profile is next up.
There's also the wallet component to this since this is where the management lives and also the ingress for your guest users. The way we've dealt with nostr in the wallet for connection hasn't really leveraged any of nostr's identity components and therefore have made it less intuitive than it should be. This also ties in with our Sanctum service for nostr that bridges the gap for people that are not inclined to deal with key management.
Coming from this as a tech native trying fit in the users shoes makes it feel much more like i'm designing a game or scenes in a movie. Changing any part of the story necessitates all the other plot points fit. This wall of text is just an excerpt, wallet side gets into things like the Lightning Address bridge, actual user-space to take advantage of Nostr offers.. and so much more...
We've now reached a phase where an ordinary run-of-the-mill dip, just after new ATH, is used by status-seeking hipster bloggers to fuel Treasury Derangement Syndrome...
This cope article might be the bottom signal we've been waiting for...
They can't be bailed out, the ponzi is global. The money is all fake and is relative only to other fake money.
War is just pretext for a hard reboot, Ukraine is an intelligence agency scripted Netflix special distributed through intel run media. Taiwan will be too. The results have been story boarded out years, maybe decades in advance.
Russia, China, US, Europe... It's all WWE.
The end of the ponzi necessitates consolidation. Vassal states are too expensive, those optics are going away.
UK, NZ, Australia, Canada, Greenland are already US states... We're just waiting on disclosure.
The baltics, Taiwan are part of the trade to their respective security zones.
With that kind of shakeup the global financial order becomes an afterthought.
I do not know how to write code, I do not have to know that to understand how Bitcoin works.
People who do understand the code too often equate that to understanding Bitcoin... They see it through the lens of a technical thing, which it isn't, and thus shitcoins and all the dumb shit that's turned Core into soft-target for attacks.
I actually think it's impossible to have a maximalist view on Bitcoin from a predominantly technical perspective.
I think it's downstream of the rate of change in society driven by technology.
20 years age difference has never been so meaningful to economics and culture.
There's some precedent with major geopolitical events, the greatest generation via WW2 etc, and the boomers they created... but even the scale of that was technology driven.
There's still people alive today that were once in awe by horseless carriages, it's entirely rational to demarcate the cohorts.
Got a buddy in enterprise saas who recently had a new CTO come in and tried pushing infrastructure-as-prompts
He didn't last long
efficiently deployed BTC
Couching their own numbers and contrasting with 2.5% actual sums it up, they're cherry picking their data.
Afaik they aren't providing any services on the network to draw organic traffic, this means they're racing to the bottom trying to arbitrage just like everyone else. Can beat that market on short-timeframes but the market wins in the end.
There was an SEC announce recently that ETF's will be able to start taking coin in-kind, so just a matter of time till you'll be able to borrow against it at 6% or less with a .25 margin ratio... full send once that's available in the major stonk apps, there hardly ever be a reason to sell at all.
Current products aren't worth it given the rates and LTV
None of the economically important parts of bitcoin -- economically important enough to control development -- needs lightning.
Terrible escalation, because I generally agree with that.
I'd probably nit the definition of "control development", on the one hand Lightning has and will continue to influence development, but more on the shell rather than on consensus which is why I'd tend to agree. The core isn't impervious to the incentives created by the shell but it's very resilient.
As an investor, long term I need lightning for bitcoin to succeed.
See, even as a Lightning maxi I have no illusions that Lightning is needed for it to succeed as an investment. Bitcoin will always be Numeraire.
lightning to be a bit drifted and vulnerable to corporate capture
This is where I'd say lightning is needed, from a cultural perspective. Glad we found our fight!
If the culture of Bitcoin is to revolve around circular economies, self-custody, censorship resistance, then Lightning's use-cases for merchants is the only real avenue for that.
Lightning cannot succumb to ETF's or Treasury companies, the incentive for merchants to own their revenue tools or for users to buy things they're not allowed to is more levered to Lightning than the base chain.
Nobody with real skin in the game really feels the pain from corporate capture, or potential corporate capture, of lightning.
No one feels it with the chain either, ETF's and Treasury Co's as derivatives have created liquidity, not hurt it. There's no corporate capture, anything corporate is purely opt-in on either layer.
Could argue the lack of self-custody hurts miners as transactions get pooled in sql databases, corporate lightning is just an extension of that, otherwise Lightning channels create more transactions not less (Jevon's effect)
They've funded and has their hands in just about every tokenization layer, there was even an Omni layer for lightning being pitched to wallet devs a few years ago, my impression was the design was dumb and the team couldn't execute, dead now afaik
Seems they're betting on every horse with the agnostic view that at least one will win
Any website can display the invoices, there's a sdk for fetching them making it wallet agnostic for paying, but a wallet could implement the sdk to also use the codes directly (enables for webserver-less or trustless lightning addresses with nip05)
The node server has to support it just as it would NWC, but no extra middleware beyond that
Also does debits and remote offer management without preshared secrets
Much more comprehensive and interactive than NWC, which is just a hackathonized version of what Lightning.Pub has been doing much longer (before nostr actually, nostr sprouted from GUN)
There's also no easier nor more powerful node to setup that Lightning.Pub, the nostr offers even have callback triggers
Your NWC-bridge should use it as an interface to enable lightning addresses via NWC so we can add it to the list of tools on the site
Sample bridge: https://GitHub.com/shocknet/bridgelet
Installer v.2
#1196941
Offer builder with callbacks:
https://njump.me/nevent1qqsdzd8pj8654hxn3ym5cnrzg0yclswvlls7n6gtd3lwy3mcz0uad6qppemhxue69uhkummn9ekx7mp0qgsrx9hrd9k7wnfejkgj0wwcgt0400wut5w8479qfudu0tkcpdz9pzqrqsqqqqqp8z43yv
Completely jacked to the NIPs
Have been updating the Lightning.Pub installer to work in more places more reliably and without sudo privileges
Your eyes do not deceive you, those timestamps are telling you this system went from 0 to a fully sync'd LND node running a Nostr-based account system... IN UNDER 1 MINUTE by pasting just 1 line of code.
... which is particularly neat because I used to tout it as taking under 2 minutes.
Found a new-ish race condition with LND in the process, kind of a shitty workaround in place for it at the moment but it removed some waits that were suboptimal anyway.
Changing Pub's SQL driver sped up npm considerably too.
Not merged to master yet, but if you want to play with it just run the script in the screenshot (notice the alt domain). If you decide to keep it permanantly you may just need to manually edit a value in one file later. Updated README is also in the
script branchThis happened because in my trolling of fake L2 scammers it brought awareness to the fact that the minimum fee is the only ownership scaling lever remaining
You're welcome... unless you believe this ultimately destroys bitcoin- in which case then it was the scammers fault (and the scaling virtue signalers that enable them)