Last weekend Dvadesetjedan (Balkan's twentyone.world) had a meetup in Croatia.
21 bitcoiners from all over the Balkan peninsula gathered by the sea in Kraljevica, near Rijeka.
https://m.stacker.news/21979
The location was amazing
https://m.stacker.news/21983
https://m.stacker.news/21982
Pavao brought goodies
https://m.stacker.news/21984
https://m.stacker.news/21992
Toni brought goodies
https://m.stacker.news/21985
https://m.stacker.news/21986
Bitko brought goodies
https://m.stacker.news/21991
https://m.stacker.news/21993
Had a little workshop
https://m.stacker.news/21987
https://m.stacker.news/21994
Orangepilled an 11 years old boy, help make it stick tristan@blink.sv
Orangepilled the venue manager, help make it stick villaremember1@blink.sv
Both recieved their first sats and learned a lot.
https://m.stacker.news/21988
Good times
https://m.stacker.news/21996
https://m.stacker.news/21995
Other reports from nostr and twatter
https://twitter.com/ToniCepon/status/1769380265443377280
https://nostr.at/nevent1qqsdm8nzpzwgg3ch8yd9459ldtmpuzrz4v3zc9t3wgzxvc56m0agk3qpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpd5x8vvw73dwdj2fsmgxr39p6fxnulr2uemcjnx25wkq3gy7z4nvyd876t
Miner: F2Pool (What a nice piece of luck)
According to mempool.space
Overpaid 479867x on fee
Exactly, but we may have a little bit over corrected in that direction here and can probably do better.
Yes, currently it's the same on both sides to make it easier on the "who says what" step for win or lose. Which would be 4 forms instead of 2 if we tried to make it different for both.
I read what you put and tbh it's fairly applicable to me too so I just went with it :P
Day 203 of snailposting everyday 'til BTC hits $100k.
...and 3 push-up(s).
__@_'-'
Disclaimer: I haven't read this yet.
I often wondered how you calculated the payment for PRs. I didn't care enough to ask (obviously), but I did wonder. I guess here's my answer!
Didn't read the article, but I like the 5-lines URL, definitely a good example of "simplification" ;)
I'll bring up anyone who's smart and makes good points.
So this is a result of a payment either getting stuck or currently in flight.
{ "attempt_id": "7", "status": "IN_FLIGHT", "route": { "total_time_lock": 775227, "total_fees": "570", "total_amt": "271796", "hops": [ { "chan_id": "852010460957179905", "chan_capacity": "500000", "amt_to_forward": "271795", "fee": "1", "expiry": 775187, "amt_to_forward_msat": "271795032", "fee_msat": "1271", "pub_key": "03cc1d0932bb99b0697f5b5e5961b83ab7fd66f1efc4c9f5c7bad66c1bcbe78f02", "tlv_payload": true, "mpp_record": null, "amp_record": null, "custom_records": { } },The important number here is
"expiry": 775187,which is the max block it'll be stuck for, which is about 200 blocks from now or around ~30 or so hours from now.Best case scenario, it gets unstuck before then. It is typical that the payment is in flight for the duration of the loop out period, which takes 2 on chain transactions. Make sure you don't turn off your node for this portion. If all went well, eventually you'll have that in flight payment show as successful and you will have some on chain funds.
Worst case, the payment is acttually stuck and it'll result in a unilateral (force) close where you will be able to get the funds back, but on chain as a result of closing the channel. After the channel closes, it'll take a bit more time after that to actually spend the funds, since your channel partner will have a chance to reveal the preimage still.
Payments getting stuck is no fun, and unilateral closures aren't either, but that's part of the protocol when a spontanous failure occurs down the line. As long as you don't turn off your node, you should have your funds back, either on chain or back in the channel. It's just that at most it could take 7 - 10 days, but hopefully less than 2.
Edit:
You probably didn't do anything wrong here and it was a result of a payment failure down the line. Though you could ask @k00b if it shows that he has the same payment stuck but on the other side. If so, then yeah it wasn't your fault. But there's a chance there's a communication problem between you and k00b in which case it could be your fault (or tor's fault).
I am still building guys...
This is just a sneak preview. Soon will post a larger article about this work in progress.
https://imgprxy.stacker.news/_HkTa2Dp11yR7jNf9UtgfNtEwbm_5mH1IMiNIRlsMo0/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLnBvc3RpbWcuY2MvQzFWZjBYZ2IvZGFydGgtYnVpbGRpbmcuanBn
P.S: - inside 12 sacks are 12 words 😂😂😂😂
For eternity.
Where does the yield come from?
I would describe myself as a non-custodial pragmatist.
I use custodial wallets mainly for micropayments, e.g. zaps on nostr and also as a backup solution when my nodes don't work for some reason. I am totally fine with the current stacker.news solution.
An ideal wallet should be able to switch between different backends (maybe automatically if needed?), like Zeus and getAlby, where you can connect to your own node, but also to custodial solutions.
I love this initial roadmap! If anyone is interested in experimenting with it please, let me know :)
My hunch is that roughly 1% of tipping users should be enough to generate signal. It will likely be a higher % if there are rewards beyond pure altruism.
I think you can generate user rewards via other income streams - e.g. a jobs board like Stacker News'. Or maybe a premium subscription with additional privacy or enterprise features? Or maybe tied to another revenue generating biz like @TheBTCManual described with Ahrefs and Yep.com?
And yes the trust model piece needs a lot of experimentation. Perhaps it's established with LSATs, DIDs, or could maybe even be tied into Nostr as someone mentioned to me this morning. Lots to explore there...
What teams are working on validity roll ups on Bitcoin? Any we should follow?
A Halo 2-based roll up would be really cool. I haven't seen any mention of this outside of your research.
I think its also important to figure out how to communicate the rules to the members, especially the new comers. Getting banned is one way to learn but there might be better ways.
Btw, I think we are currently treating (or we could/should be) SN as one Bitcoin maxi community. That's IMHO the best way to get things started, but there is potential for SN to grow into a platform with many communities.
This was my experience when I lived in BsAs and it drove me mad, though I think it was partly the vibe and partly corruption and partly just the collapse of everything (this was in 2004, after the recent bout of currency collapse; there have been many since, as we all know.)
What's internet like, where you are? That was another infuriating thing, but then, it was twenty years ago. I assume it's better now.
[Edit] Also: have you ever written about your experiences on SN in a comprehensive way? That would be dynamite. I perused some of your posts, and didn't notice one such, though I didn't read closely. This was a helpful article on Uruguay that you posted, but it would be cool to hear your own story.
Expressly giving the government the power to kill? No thanks.
Not gonna lie, I look at the numbers sometimes and feel a glow of accomplishment, esp at the stacked / spent ratio :)
When I look back at the satoshis I've spent
I've realized stacker.news is not about rent-
seeking behavior, but adding value, like a cent
My poems are weird, but you know what I meant
Works using USSD so no smartphone or mobile data / wi-fi needed.
Once set up, the user can receive via Lightning address, like:
⚡[phonenumber]@8333.mobi
And then using the USSD commands, they can send to any other number that has signed up, or can Send to any Lightning address.
But this service does not yet have Spend (LN invoice) withdraw implemented yet.
You know that now you can create personalized invite codes?
https://m.stacker.news/67343
You better be careful who you invite.
Why not open a channel with SN and push the desired sats to their side? You've donated while also adding liquidity to their node.
BTCPay server
Non-mining nodes do help secure the network in a number of ways:
If you've got some spare hard drive space, you should run a node. It doesn't even matter if it's publicly accessible or not. Bitcoin Core is just software. You can run it on your laptop just fine (a pruned mode needs just ~10GB of space). I have Bitcoin Core on all my laptops and desktops.
If you have some spare money, go ahead and buy a raspberry pi or a mini-PC and run a node full time. At worst you'll learn a little bit about Linux and system administration, which is always a useful skill.
Yes, multiple nodes on one internet connection doesn't help others much, if at all. But very few people are doing that, and the few who are aren't significantly harming anyone else. This isn't a problem worth complaining about.
Fun fact: How to receive more inbound liquidity
If you open a LN channel in Zeus node using the LSP option (wrapped invoices) with Olympus LSP and Voltage Flow LSP, you get 100k sats more inbound into that channel.
For example:
Remember! You DO NOT get sats, you get INBOUND LIQUIDITY (is not the same)
Read more about using Zeus node here:
https://darthcoin.substack.com/p/getting-started-zeus-mobile
Personally, I'm terrified of debt. My parents filed for bankruptcy when I was a teen. I didn't let myself get a credit card until well after college. While I have a credit card, I've never held a credit card balance. I use it purely for the modest rewards.
I did have 10's of thousands of dollars in college loans at one point that I just didn't pay until I had a lump sum to pay them (I hate bill admin).
When I was living hand to mouth as a grocery store clerk in my late teens/early 20s, I was unbanked due to overdraft fees and would use check cashing. A handful of times I would get payday loans to make rent.
Never had a car loan. Never bought a house.
In a strange way, my debt-fobia makes me feel like I've been left out of the modern economy a bit.
Great post.
Lot's of people were myopic, and never asked: *why would the current President, who chooses the SEC chair, magically replace Gensler with a person using a monkey avatar? I never understood the calls for Gensler's head. We've lost nothing in the current crypto regulation landscape except a shitload of bad actors, from Mashinky and Fried, to CZ and Bitzlato. Hangman Gensler has quite a few victories to hang his hat on. Most products showed they had no value, and even less decentralization; cease and desist and a phone call proved to be viable enforcement strategies by the S.E.C. And If they had no decentralization, they were companies, that should be regulated like every other company.
Nic bet the fast-looking horses, belly-flopped amongst his VC circle, and burned his reputation amongst a nasty twitterX base he helped build, who he knew loved tar and feathers. Now he's lashing out with big words, long denials, and misplaced blame. The denial phase still. How many original bitcoiners have I seen go down like this? Richard Heart was one of the best (most don't know this) before his satanic fall into HEX shitcoinery.
I think Nic has a lot of valuable things to say still, he just needs to grow up. Would love to read some thoughtful stuff by him. And that nasty X crowd... he might need to do what Andreas Antonopolous (prolly spelled that wrong) did. Leave. Help build an Umbrel. Write an O'reilly.
jmho
v2 of my reply from https://stacker.news/items/347574/r/aljaz?commentId=348300
I run a tiny model locally for my terminal llm for quick "i forgot how this bash command should look exactly" lookups, I also have a cloud gpu that runs the same stack but better (slightly) gpu than my local instance so I can have the same setup when i'm away from my battlestation and just use ssh port forwarding to access ollama on my cloud gpu instance from my laptop
I use to have access to A100 so I'd run larger models locally and use open-webui, now i'm experimenting with tiny models like qwen2.5 0.5b or 3b
This is one of my biggest points of irritation. It's so much stuff and most of it is just clutter. I'm glad our daughter has plenty of toys to exercise her imaginations on, but most of it gets little use and the gifters seem to want to hear about how much she loves their gift.
I appreciate you doing these. There are plenty of unglamorous aspects to parenting and it's nice to share tricks and tips with each other.
Udi.
Even if he's just engagement farming, he's a pest and should be avoided at all costs.
And he's probably an operative, but no one can prove that.
Thanks, that makes sense - I figure this question may be a shot in the dark because if I were crushing it with my routing I certainly wouldn't be posting all my secrets :)
Lmao I can only applaud you for this I feel like you really had to put in a lot of effort to pull this off as well as you did!
Grassroots run by Rod and Odell at Bitcoin Park in Nashville happening today! A handful of Bitcoin Meetup organisers have travelled from across the country and abroad to learn about bootstrapping a circular economy and growing a third space.
Trustlessness is just being repetitive. Doing the same thing over and over again and eventually it becomes trustless. For example the sun is trustless. It rises every day. Thats all.
Any territory owners in the Saloon who didn't get earnings yet today?
I got nothing. Zero. Bupkis (NY slang)
Day 56 of snailposting everyday 'til BTC hits $100k.
__@_'-'
The great thing about stacker news is that zaps completely replace likes.
On nostr you have to make a cognitive decision whether to like or zap - and when you're forced to think about that choice it reminds you one of them is free and the other isn't.
Nostr would be much better without the regular likes and just the zaps.
Very good article. Makes me want to start a bitcoin only business. Also, the discussion of the awareness of the gambler/speculator reality got me thinking of p2p exchanges like robosats. Sorry for crazy tangent. The common liquidity issues could be helped along by market makers who speculate on fiat/btc price fluctuations. They come for the volatility, but will eventually appreciate bitcoin as a long term store of value.
Congrats @ekzyis!!
Judging by your fingers, you are a young man. Judging by the soda, you live near Munich, Germany. Judging by the soda's reflection, you have a nice room :). Haha I probably went too far
21, 69, 420 sats
...the only way to tip
Thanks for sharing. I think SN really needs to focus on its social media presence. It's shocking to me that there are bitcoiners out there that still don't know about SN. Stackers need to help with that as well.
Trying to attract prominent bitcoiners to the platform will help with this as well. I know we have had a number of big names do AMAs on SN but they don't see to regularly post.
Have you guys done any paid ads on social networks? How about advertising on bitcoin podcasts? I think there is still a lot of low hanging fruit available simply via word of mouth and network effect without having to do paid ads but that is something to consider.
Also, I think as we get a bit more attrition with the territories over the next few months and eventually whittle down to what will be the core territories, there should be a cohesive marketing strategy between SN and SN territories as their would be with a brand and its franchises. Eventually territories should be a gateway to bring new users to SN. I still think territory specific referral links is a good idea. 100 sats to new users that join via link and cost can be shared between territory founder and SN.
I like the way @kr plays possum and then picks his spots. He's my model.
Preseed investor turned 1st hire.
For something different I really enjoyed ‘The Polybius Conspiracy’ originally on Radiotopia’s showcase. No spoilers.
The Master and Margarita by Bulgakov is the best book. Big words, I know.
What do you think will be most different about the world in 10 years with respect to technology and innovation? Does bitcoin play a part in any of this?
Wow very cool. Taking my daughter to the park for a bit, but hoping I can get a chance to play with this before the game.
Other people have made good points. But one thing I think hasn't been discussed is incentives to attack Bitcoin: because zeroconf transactions rely on the P2P network, both merchants trying to rely on them, and attackers trying to double spend, have incentives to attack the P2P network.
The latter is more obvious: if you sybil attack the network, DoS miner's nodes, etc. you can break the very weak consensus that zeroconf is relying on. We don't want people to have a profit motive to attack Bitcoin nodes, so full-rbf is desirable by taking away that profit motive.
The latter is less obvious: merchants trying to do "risk management" of zeroconf transactions inevitably find they have to try to measure propagation of transactions. But because Bitcoin has decent privacy protections, the only way to do that is for the merchants to perform sybil attacks against the P2P network! While this is a mild attack per merchant, it adds up: eventually the whole network will run out of connection slots. Again, we don't want this incentive to exist. And of course, since only a small number of merchants can successfully do this, it's very centralized.
Finally, in the past we've seen merchants try to make deals with miners to make zeroconf more reliable. This is really ugly at the end stage, because the only really effective way to guarantee zeroconf txs get mined is to get miners to do 51% attacks on miners who don't mine the "right" transactions that "came first". Due to the P2P attacks, and the general lack of consensus in the mempool, it is impossible for smaller, non-anonymous, miners to always mine the "right" txs.
So yeah, when v24.0 is released, please set
mempoolfullrbf=1on your home nodes, and mining nodes. It's better for everyone if we get rid of this opt-in-rbf/zeroconf nonsense.If we've learned anything since 2020 its that you know what they are telling us is complete BS. The question is, what is really gonna happen. I think Odell is right here.
The back (interfaces) of an electronic device.
I applaud the designs, but this seems a bit outrageous to me. Seems like their target audience is HNWI's that think spending more money == good.
Multisig device that is $1000 with a multisig software solution that costs $200 a month. Targetting the Apple ecosystem solely.
Screenless hardware device so has a lot of the security trade off's that Square's affordable devices have (I think they are targetting $35 or less). I don't even see how you would interact with it. No screen, no battery, NFC, and they say no fear of loss or theft? Seems to be leveraging Apple's multi device ecosystem a lot, which is kind of cool. But then what's the point of the hardware device? Just a $1000 fashion device?
Some interesting ideas here but pointless expensive hardware device and in general this is probably just a marketing page to raise money to build the magic they're selling.
how can non-Bitcoiners be onboarded to Nostr? as its essential for its growth (not to be seen as a Bitcoin only place)
I just finished my technical review of Chapter 8 of Mastering Bitcoin 3rd Edition. The next chapter will be fun, it’s about Transaction Fees.
Jack Dorsey said irrelevance on a podcast and I can't get that out of my head.
I think the best way to do this is what @grayruby proposed: writing questions in the bitcoin beginners territory or the saloon. Experienced stackers are making their contribution by posting great stuff. It would be too much to ask them to write even lectures, imo.
Some of the notable books, I can recommend:
The Book of Satoshi by Phil Champagne
The Bitcoin Standard by Saifedean Ammous
Digital Gold by Nathaniel Popper
Mastering Bitcoin by Andreas M. Antonopoulos
Would it be possible to block @ad and decline that part of the reward?
I use Bisq and Robosats exclusively to accumulate bitcoin via fiat selling. I've been leaning more towards Robosats lately though, because on the high on chain fees (Bisq doesn't support lightning). I'm in Canada, and the CAD liquidity is horrible compared to USD and EUR; it's pretty clear from the currency breakdown in your post. I typically make a buy when I see an offer within 3% above market. Or if I really want to get some sats, I would post an offer to buy.
From my 13 year old: A day on Venus is longer than a year on Venus.
A resource that I found useful would be Privacy tools and if you have the technical skills self hosting apps is powerful. A good thing to get started with is obviously a bitcoin node :-) a good second would be something like a private Nextcloud on a VPS so you don't have to rely on Google/Apple cloud.
My experience so far has been that there is not a singular thing you can turn on for privacy. It's more of an awareness of how we are exploited and mass surveilled by big tech/government in a digital society. There are always things to improve for anyone that cares about privacy, and many things come down to trade offs.
Darth I see your points and agree with many.
BUT. It is important not to conflate ChatGPT/OpenAI with other open source machine learning projects that not only could be completely self-sovereign but actually a weapon to fight back.
It's like saying you dislike this new "gunpowder" thing because now any idiot can effortlessly kill from a distance. Guess what? Keep your sword, and the "evil lords" will use gunpowder and wipe you out real fast.
We are not going to stop AI by complaining or hiding in a corner. Let's learn how to use their tools against them.
The whole point is voting rights allegedly. Sounds like Tesla will buyback and give him shares. Options or money would not get him those voting rights. New stock dilution would need shareholder approval
yeah baby. we've moved over to our own self-hosted F-Droid repo over at https://zeusln.app/download
Not against putting it on the main F-Droid store, but it's been tricky to maintain with all our dependencies. Plus we have reproducible Android builds now with Docker
Day 173 of snailposting everyday 'til BTC hits $100k.
__@_'-'
Count me as one who thinks this will be abandoned, and if it's not abandoned, what is eventually delivered will be a total clusterfuck. But I'm a sucker for thinking big about architecture and the macro built environment.
btw gotta say this site is like so AWESOME on so many levels! kudos to u @k00b !! I got some random sats back from just beeing here :) effin hell maan! really magical place this is.
Only $5b? I know nothing whatsoever about their financials, but my impression from a pov of cultural relevance / influence makes me have a gut-check reaction that Reddit should be worth way more than that.
Always interesting to project the hazy view of influence onto dollars.
Search has a cost. It is either that the user is paying for it, or someone, a complete stranger, advertiser, is paying for your searches. The latter is very creepy and wrong on many levels if you want a healthy functioning society.
So yes, I think more and more people will realize the value and importance of information we put in our heads, like we care about food we put into our body. High quality search engines like Kagi make people more productive and more competitive in the world as witnessed by tens of thousands of customers already paying for Kagi today.
Proud of getting the "mindless slave" badge from Darth!
Awesome chart. We need cross posting. I almost missed this.
Analytics is changing all sports.
I'm not a writer, just a browser of SN:
I think of this site as being modelled on Hacker News. HN was about being the front page of the internet: good content from around the web rising to the surface through updoots.
Maybe I'm old-school, but I wouldn't think of publishing to/on SN, or thinking of it as some form of a Substack thing. To me its about sharing good finds from the www and discussing them. I think there's a comment here already about self-hosting and that sounds like a better way to go imho.
But did I read your piece on Zen and SN and really liked it. So if you want to use SN as a place to publish, please do, it looks like you have some great things to contribute and I look forward to reading more.
tl;dr We can only pretend that fiat is working if there is no alternative.
I agree with that take. broadly. So much expensive human effort is expended on repetitive cognitive tasks. Those will be faster, cheaper, and more reliably done by AI. Also, freeing up all those labor hours will bring down the labor costs and increase the efficiency of everything else.
I haven't looked into the details, but I've seen predictions of 90% average cost reductions. That happened many times during the Industrial Revolution, so it's not as implausible as it might seem.
Sorry I hit enter accidentally, without giving me a chance to write the body of the post. I'll write below:
In the last week I went through the process of setting up a lightning node (all done manually on an Ubuntu vanilla install, no umbrel, no citadel).
I then got my kids the blue wallet app, and pointed it to the node (you can via the advanced settings).
Then I sent them some sats, and they love sending money to each other with the qr codes, etc. For the next few weeks I may give them a bit of their allowance in bitcoin.
They also started playing some of those games that reward you with sats, they get really excited when they get 5 sats or what not.
A great experience, I recommend it.
Spreading the word about SN on my blog!
The Melville Deli in Melville, New York. Located in Suffolk County on Long Island. It is the only business that shows up on BTC Map for Long Island. I am about to publish a post about my experience. They have a web site. I am driving and can't google the link right now, but you can find them. Great food and good prices
https://nostr.build/p/nb10837.jpg
This has to be one of my all-time favorite compositions: Erik Satie - Gymnopédie No.1
I can't describe how this sound makes me feel. All I know is it evokes a sense of peace and calm. It's almost like everything will be alright.
Muted colour suit, bespoke - 10 years
Shoes, fitted - 10 years.
Swiss wristwatch - 27 years
Fountain pen - 14 years.
Hope they all go on to last much longer. Expensive but will only buy-once and in a tight spot you can always pawn them….
Nah, modern elevators are much faster than they used to be. The first elevator was was 12m/minute. The current record holder is now 20.5m/second, a 100x increase in speed.
Sure, typical elevators haven't increased that much. But there are very real physical limits to consider: if short elevators accelerated even faster, at some point they'd put unacceptable G-forces on the people inside them.
Looking forward to this
Hello stackers. After a two week hiatus, I finally get time to churn out another hiking post. I still intend to keep this thing going weekly, but will get pauses whenever I'm away from home. This week we head to the Chance Cove Coastal Trail to see some coastal views and also the Atlantic Ocean.
https://stacker.news/items/634868
Connected the first Zimbabwean podcast with Value 4 Value streaming
https://anitaposch.com/icwt-bitcoin-enabled
This is true, but I still use the LN daily. Living in NY forces you to only use self custody applications, and you get adept using tor, vpns, downloading APKs, etc.
May The Bitcoin Be With You!
It's true. The defaults are so powerful, and free is one of the most powerful default settings.
It's funny, one of the things that I think about is wanting to preserve my budget -- to stay solvent. Which is a weird thing to want, since what amounts to quite a hefty zap, like 1000 sats, is not yet thirty cents. And yet there's a scarcity mindset, even when the thing itself is not scarce.
Will be really interesting to see how norms evolve over time. @Undisciplined has set in motion a very intriguing psychological experiment with this post.
Depressed. I lost my cowboy hat yesterday after 58 days and making it into the top 5... someone took my normal computer at work and I got out of my morning routine. 😭😭😭
One additional note, all SN-affiliated accounts (@k00b, @kr, @ek, @sn) have been disqualified from participating in Million Sat Madness.
Yeehaw! 🤠
Shit I forgot to switch my sats settings back. Haha Merry Christmas
Learning how to Lightning Network and node, so I can become a true stakeholder in the network.
If I take too much out how am I supposed to zap you fine gentlemen?
Go with Zeus + Umbrel. If Tailscale is giving you troubles, try out Lightning Node Connect (LNC). Install the Lightning Terminal app in your Umbrel, fire up the app, and connect Zeus to it with LNC. Running your own lightning node to use lightning is the true self sovereign way. You do have to manage channels and inbound/outbound liquidity by running your node though.
If you don’t want to manage channels and channel liquidity; like many others said in their replies, Phoenix is a good option.
I really like this. However, you would have to remain vigilant in regards to remembering to supply more withdrawal addresses as to not auto deposit to the same address more than once. Would be cool if they added a feature to pause and alert users when auto withdraw addresses have been all used up.