pull down to refresh
1000 sats \ 0 replies \ @nullcount 17m \ on: How to Make Sense of Lightning Channels Map? bitcoin_beginners
Mempool uses the MaxMind GeoIP database. It attempts to map every public IPv4 or IPv6 address to a country, state, city. It's not perfect, but pretty accurate.
However, most LN nodes use Tor only and don't have an IP address to track. Additionally, some nodes have many IP addresses in different countries. Nodes can also trivially set up a proxy to make their IP address look like its coming from the country of the proxy and not the country where the actual node hardware is hosted.
No. That's capacity, for a tx to work, you need liquidity in the direction of the payment.
Maybe blockstream's node is one of these: https://amboss.space/search?term=YmxvY2tzdHJlYW0=
You can generate an invoice using your wallet, and paste it into lightningdecoder.com. It will tell you the pubkey of the destination node for that invoice.
Only way to know is to try! You wallet will attempt dozens or hundreds of possible paths looking for one with sufficient liquid to process the payment. Most wallets will automatically make the payment once it finds a route. However, if you're a wizard, you can probe the path first to see if there is liquid without actually sending the payment. This involves custom route building and crafting custom onion htlcs.
work is how luck manifests itself
nobody cares how hard you work
results are all that matter
play games where you have an edge
size your bets so you don't go broke
play enough games and, statistically,
the results will look like luck in hindsight
the game doesn't play itself on your behalf
you have to put in the "work" to actualize each result
Honestly, your first "efficiency action" should be to consult AI about these questions. It can provide personalized suggestions.
There are plenty of processes and methodologies to improve efficiency and reduce waste in digital production!
- automation - API's, scripts, build pipelines, LLMs
- standardization - templates, checklists, scheduled actions, routines
- quality control - tests, CI, peer-reviews
- ergonomics - single-task UIs, emulate devices in software so you don't need to switch between physical gadgets, no wasted clicks, use keyboard shortcuts, macros, don't touch the mouse!
- continuous improvement - team retrospectives, root cause analysis, daily stand ups, team operating agreements as a living document
LEAN, Agile, Scrum, Khanban are all widely adopted systems of streamlining production of software, content, media, etc.
anyone observing me would have to conclude that I'm basically the exact opposite of efficient.
sounds like a "you" problem
Everything in cyberspace is trying to steal your attention. You have to actively resist and put measures in place to "improve your workspace".
Computers are a bicycle for the mind. Part of the reason there is no standardized blueprint is everyone's mind works differently. But if you're feeling inefficient while harnessing your computer, you should try identifying the wasteful motions you make on a daily basis and look for ways to improve.
Assume either choice is an act of murder. So do nothing. Then pull the lever out of the ground and use it to bludgeon the one who tripped. There must be no witnesses.
Contributing to FOSS isn't a job that you apply for and get approved to work on. Nobody cares what your credentials are. Every pull request you make stands on its own. Your pull request is your "job" application -- Proof of work comes first.
The other contributors that work alongside you are not your co-workers. Nobody is paying them to read your messages, mentor you, or even to give feedback on your pull-requests. You have to become the champion of the features you want to see and be ready to abandon your previous efforts for no reward if the community/maintainers disagree with you.
The best FOSS projects start by a developer scratching their own itch. There's no shame in building something for only yourself in silence. Many devs lack the fortitude and grit to build in silence, so you may find it better to build in public if the social pressure helps to keep you accountable towards your goals.
Occasionally, what you build might be useful to others, if you open source it, others might find it so useful that they'll begin to grow and maintain the project for you.
Not ready to start from scratch? Start with the FOSS tools you already use. Check out their tech stack on github. Try to run the project locally. Having issues running it locally? Make an issue! Found an easier way? Contribute to the documentation, or build tooling.
If you explore enough, you may find a FOSS project with grant funding and a "work-culture" or bounty program that feels familiar to you. It's just not the default mode in FOSS. That said, most FOSS has just one maintainer and they'll usually welcome help and feedback any way you can offer it, they're just too busy to be your boss or manager so expect to be self-led for the most part.
Most mining pools are accepting below 1 sat/vb fees. A few months ago, those txns would not be relayed by nodes or included in miner blocks.
Most trading volume of BTC is using paper instruments like ETFs, stocks, or custodial accounts. A few years ago, these didn't exist or were less popular compared to making a peer-to-peer txn.
Lightning network is more mature. Its common now for a single channel to process tens of thousands of payments in its lifetime. LN didn't exist a decade ago, but now it is the preferred way to add payments using BTC.
Nodes and ASIC machines do not emit any CO2
The freezers and refrigerant equipment that keep American ice cream cold uses more energy than all of bitcoin
Bitcoin is for anyone in the world to use. It shields savings from debasement so we can afford to stock more ice cream for next year's party
I've noticed a handful of nodes "crashing out" with similar symptoms in recent weeks. May be related to the new features (bugs) introduced since LND v0.19+
Wasting time thinking/worrying about wasted time, regrets, etc.
Past is over. Why let it hurt you today?
When the countdown reaches zero, the inflation rate of BTC gets cut in half. Happens every 210,000 blocks (about 4 years). Its the mechanism by which the 21M supply cap is enforced.
Its fascinating how quickly people behave themselves when everyone around them is ripped and well-armed.
But seriously, turn off the news... anything you actually need to know will find its way to you. When you tune your attention on information that you don't need to know about, it is not only a waste of time, but it can cause anxiety and hopelessness.
Focus on what you can control. Treat everything else as an attack on your psyche.
Turn off the news.
Touch grass.
Hit the gym.
Arm yourself.
Mining with expensive electricity and inefficient machines does NOT make the sats you mine worth more in fiat terms.
More energy spent on mining means more energy is being harnessed in the first place. Bitcoin is a game that tricks humans into accelerating their path to energy prosperity.
Even after the subsidy is all gone, bitcoin still needs miners to give their energy for the system to function. So can you really count the energy spent today as "production costs"?
Miners had a larger effect on supply in the early years, but today, over 90% of the sats are already in circulation and miners have more options to finance their operation than just selling BTC.
but it will take a tremendous amount of work and a very long time.
Its up to each individual person to do the "work" to learn (or unlearn) about money. The more you understand BTC, the more BTC you tend to own.
2 Separate Timelines. 2 separate Universes.
I think we're in the same universe... just two different kinds of people live in it. We live in the "future" simply because we like to learn about new tech and have adopted BTC before most people have even tried it.
Others would rather adopt new tech later on, after all the difficulties have been smoothed out, or they'll only change behaviors when there is no other option left.
You can't force a late-majority kind of person into becoming an early-adopter. Its just their nature, like our nature is to be early. Embrace your nature and others'.
Even in Los Angeles BTC Map is scarce... and I mean SCARCE on places to spend Bitcoin it's just bizarre.
Not that bizarre if you understand business and the desire to hold better money. Businesses want to make things for rich people because rich people tend to pay more. However, people who are "Bitcoin Rich" are more likely to understand that BTC is better money, and therefore they are less likely to want to spend it if there is inferior money left to spend. Its the same reason you can't find many places to "spend" stocks, real estate, fine art, and other assets.
But in the 'normie' world Lightning does NOT exist.
Good! LN is pretty complicated. Its probably best if people don't know it exists. Do most internet users know TCP/IP exists? Probably not, they just use a domain name or email address and it just works! That's the role LN should have IMO.
And all of them have no FUCKING IDEA what I'm talking about.
This should be a hint... stop talking about bitcoin and start asking them about their ideas of money.
Do they feel inflation? Where do they think inflation comes from? Do they like the USD? Do they think we should go back to gold standard?
Ask questions, resist the urge to give answers right away. Once you understand where they stand, you can start to nudge them toward learning about BTC on their own time.
There are enough resources to learn about BTC once someone is curious enough to WANT to learn about it.
People won't remember the words you said, they only remember how you made them feel.
If you make them feel like they're being sold something, or educated, that's less ideal than if you make them feel curious and intellectual about the nature of money and value.
My friends/colleagues overwhelmingly think that Bitcoin is a joke. Like a digital pet rock... if not a scam + outright waste of time
Maybe they're right! If you are curious about their reasons, maybe they'll become curious about your reasons for owning BTC.
I like to acknowledge that there is a difference between "knowledge" and "wisdom".
You can be wise while getting the "facts" wrong, and you can be knowledgeable about something without an ounce of "common sense".
There are also reasonable and unreasonable ways to arrive at knowledge/wisdom/truth. Some prefer the path of science/logic, others find the path of spirit/emotion more enjoyable.
If you define "intelligence" as "the same path I took to find truth" then, yea, most people are going to look like idiots from your perspective.