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Thanks for sharing all your work & research Lyn. It’s been incredibly valuable these past few years and your paid newsletter is pure gold corn.
Not sure if you’ve given it much thought but curious…
- What sort of world in the 2030s do you envisage will be facilitated by the Lightning network / L2s?
- What will entrepreneurship look like do you think with Bitcoin?
The same thing we work on every week Pinky... Athena Alpha - Bitcoin Education
It's not the Bitcoin Repo, it's the repo of "Bitcoin Core" which is only one implementation of Bitcoin. It is very prominent because it is the direct descendant to the original code by Satoshi Nakamoto.
Unfortunately it is way to prominent in the Bitcoin world to the point where people use it synonymously with "Bitcoin" itself.
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.
It's probably the error messaging from LN itself being very vague. A large part of this is due to the desire to preserve privacy, which is great, but it makes it very hard for us to dig into most of our payment failures and do something about it.
The Lightning report we recently released has some great data and graphs on our failure reasons and rates: https://blog.river.com/the-lightning-network-in-2023/
I could say lack of education but I'm going with other most r like Cypher (bald guy in the 1st matrix) they know something is wrong but they don't want to look at it or even act on it would rather be plugged back in and not remember a thing and they all wanna be rich...
Since you ignored the explanation someone gave when you posted this same shit to Twitter:
This is a known bug in Bitcoin from 2010.
Was fixed by BIP-30.
There is more discussion here.
Those 50+50 bitcoins are lost forever.
Also, and I quote, “The last version 1 block was 227,835, and it was mined on 3 March 2024” is bullshit. This happened a decade ago, and March 3 2024 is in the future.
You should thank them. Reddit is a dumpster fire. Don't waste your time there. Here are some sats. Try hanging around here. Vote with your feet.
I know there are many good authors here, but are not so active.
I would like to see more writing from them.
I always like to read here from: @TonyGiorgio , @CarlBMenger, @fanis, @petertodd, @theindranetworkprotocol and some others. They bring very interesting material to Bitcoin world and worth paying attention to what they say.