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The mint does know the IP of the users that interact with it. But if the mint has no way to tie your identity to an IP, then it's not a problem. Since the user can also use TOR or a VPN, Bob can never be certain of whether Alice's or Carol's IP is actually "theirs" (if you are thinking in a simplistic way and you assume their home IP is "their" IP, for instance).
One example: I'm on a cafe with my phone. I'm connected to the wifi. I ask the mint for some tokens in exchange for my sats. The mint sees the cafe IP. Now I turn on my phone's wifi and connect through my own data. Repeat the same interaction. The mint sees a different IP. The mint has no way of knowing if both interactions are from the same person.
Another eaxmple: I have a VPN set up with my own VPS somewhere. I route my traffic through there, so online services, like the mint, see my VPS IP instead of my device's. I'm a generous guy and I share this VPN with 9 other friends who use it frequently. In this case, if all of us interact with the mint, the mint sees the same IP repeatedly, but has no way of telling who's who or even if there is one or multiple people interacting with it.
So, summing up: the mint is pretty much in the dark. A bunch of interactions with a bunch of IPs could hide all sorts of different combinations of people, devices and identities behind it.
Hope this helps. calle and gandlaf definitely will have better insights than I do.
Hey gang!! It's little Friday now, I apologize for not posting yesterday but this cold is really taking its toll, but I still sent you all some positive vibes just as I am doing now, the weekend is almost here and it's time for us to bring our best self and give it a good push and show this week who's boss, remember that you're important and you matter and I wanted to thank you for being! Let's see what we do this weekend, in my case, recover my energies and get my A game for next week, we've got this, so I wish you a phenomenal day!! As always, be well and stay frosty my good friend
🙏 Please Donate for August 2024
In line with the plan to achieve sustainability (break-even), donations will directly reduce the posting fee, such that donations + forecasted posting fees - monthly rent = 0. The "forecast" will just use the prior month's post-count.
The next Fee Operation Management Committee will announce new posting fees according to the following schedule:
Block 856011 ~2024/08/10 13h00 UTC
Block 860330 ~2024/09/09 13h00 UTC
Block 864506 ~2024/10/08 13h00 UTC
See the prior month's post for more details @ 604610.
Accounting Notes
July Crowd Funding
Crowd Funded Contributions for July 2024 - thank-you!
@Undisiplined - 25K
@siggy47 - 5K
@grayruby - 3K
@anons - 5.1K
Total Crowd Funding = 38.1K
July Revenue
40.9K according to the operational stats.
Posting Notes
- Forecasted Posts in July = 331
- Actual Posts in July = 287
- Forecasted Posts in August = 287
Shortfall of ~44 posts vs forecast.
Treasury was 41K at end of May. I'm holding off ratifying rules around treasury burn until I see signs of stability in modelling the future. We're still bleeding money, and @jeff is plugging the holes.
Short Term Priorities & Goals
These are unchanged.
- Break even with crowdfunding
- Break even without crowdfunding
- Build up treasury
- Run incentive backed games
- Build Tooling
Operational Metrics / Quick & Dirty Fee Change Analysis
All-Time
1.9m stacked \ 177.8k revenue \ 2.3m spent \ 2942 posts \ 14.5k comments
~ 4 weeks in March @ 10 sats-per-post:
215.7k stacked \ 19k revenue \ 247.3k spent \ 588 posts \ 1755 comments
April (proper):
277.9k stacked \ 26.8k revenue \ 322k spent \ 605 posts \ 2303 comments
~4 weeks in April @ 21 sats-per-post:
203.9k stacked \ 24.6k revenue \ 239.3k spent \ 537 posts \ 2151 comments
May (proper):
149.5k stacked \ 27.8k revenue \ 194.8k spent \ 380 posts \ 2095 comments
~4 weeks in May @ 100 sats-per-post:
105.3k stacked \ 26k revenue \ 144.6k spent \ 326 posts \ 1919 comments
June (proper):
253.4k stacked \ 36.8k revenue \ 327.1k spent \ 331 posts \ 2297 comments
~4 weeks in June @ 136 sats-per-post:
260.4k stacked \ 35.5k revenue \ 332.4k spent \ 327 posts \ 2551 comments
July (proper):
339.4k stacked \ 40.9k revenue \ 423.8k spent \ 287 posts \ 2662 comments
~4 weeks in July @ 187 sats-per-post:
307.8k stacked \ 39.2k revenue \ 389.6k spent \ 250 posts \ 2230 comments
Territory Change Log
2024/07/11 - Increased the posting fee to 187 @ 604610
Owner's Pledge
If this territory ever runs a cumulative net profit, I'll find a way to do right by the earliest contributors. There is no guarantee of that scenario. Most likely, it'll take the form of "pay-it-forward"-style BTC-adoption/effort/charity.
Disclaimer
Do not donate with the expectation of receiving a share of future profits. This is not a security offering.
Prior Updates
July 2024 601808
June 2024 566281
May 2024 526847
April 2024 493332
March 2024 448054
wow, this is huge.
congrats to the Lightspark team, excited to see what kind of traction Lightning gets with a Coinbase integration.
I totally understand your point and agree that a newbie confronted to this would totally freak out. But that title!
Telling everyone, newbie or not, to "STAY AWAY' from Phoenix is one of the worst advice I can think of when it comes to mobile Lightning. I and many other people have found Phoenix to be the most reliable non-custodial Lightning wallet out there, including under low bandwidth conditions.
Remember DropBit? One day the balances on all those custodial wallets will be gone or seized, and there will be no restoring the wallet on Electrum.
Alternative title ideas:
- How I Lost All My Funds On Phoenix - But They Were Actually Still There
- I Thought I Lost My Fund But It Was Just Phoenix BAD UX
- The UX Issue That Could Drive New Phoenix Users Crazy!
- Why Phoenix Should Implement On-Chain Sweep
- Phoenix Should Do Better When It Comes To UX
- and so on.
Now, you're right to speak up, given that is could indeed be frightening for newbies, and you did pay for a channel that you never enjoyed to use. And I've seen the discussion around the issue being known since 1.5 years, which I agree should probably have been addressed by now.
My default zap is 13 and to pay 1 sat makes it around 8% in fees.
Easy fix: radically increase your default zap. ;)
Sharing tips on testing
- Use any LN wallet to log in first - you can use any LNURL-auth capable wallet.
- Use https://faucet.mutinywallet.com/ "the Bolt11 Payment Request" to pay any invoices generated from delphi.market.
Feedback
- site background color
Maybe it would be nice to have the option of choosing light or dark mode? I like the current color, but it hurts my eye to read it.
- onboarding process
Now it's login first then able to create, how about having the option to fill everything first and then require to login? maybe some people want to see how it works before logging in.
that's for now 🫡
I just use bitcoin core on an old laptop. Easy to use and link with sparrow wallet for broadcasting and verifying transactions. Also, if you have a extra computer, its free.