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its not good to fight technical reality
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.
Linked to the agency world, and being both a positive and negative, sometimes when paying for a service you’ll find you as the buyer need to chase to get things done. The culture is very different here, to the detriment of speediness. It’s almost like businesses are not motivated by money and believe you are lucky to being served at all, even when paying hefty fees. I guess that’s the “tranqui” way.
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?
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
There are now people, maybe a majority of Bitcoiners, who genuinely believe that spinning up non-mining nodes helps secure the network. How do we undo this?
Non-mining nodes do help secure the network in a number of ways:
- They improve privacy for everyone, by increasing the k-anonymity set of Bitcoin nodes.
- If needed, non-economic nodes can be quickly turned into economic nodes by changing wallet settings.
- They make it harder to perform node-level Sybil attacks, especially in circumstances where the attacker needs diverse IP address space.
- Running a node helps people learn more about how Bitcoin works.
- Running nodes normalizes running Bitcoin nodes, pushing back at narratives painting nodes as "money transmission" or similar nonsense.
- Publicly accessible nodes help other nodes stay in sync by providing bandwidth. This is particularly helpful if you run an archival node, especially with block filters turned on.
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.
There are literally people now wasting time and money running multiple non-mining nodes in their basement thinking they are contributing to the network.
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:
- you do not have ANY LN channel or onchain funds in your Zeus node mobile
- you open Zeus and make an invoice to receive 400k sats
- pay that invoice from any other LN wallet
- in matter of seconds you will get a 500k sats capacity channel from Olympus or Voltage
- LSP will push your initial deposit sats (400k sats) on your side of the channel
- and you get more 100k sats "space" as inbound liquidity.
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
Quick Question. Buy in post has received 50k sats but only 45k sats credited to account in satistics. 10% fee for larger zaps or something?
v2 of my reply from https://stacker.news/items/347574/r/aljaz?commentId=348300
- i've switched from chatgpt to claude, i still occasionally mix it up with chatgpt, specially for non-coding tasks
- i started using perplexity, both for research and occasional data collection for something I'm building
- I use bolt.new for building frontends (occasionally I expose backend somewhere publicly so i can have live backend in bolt.new when it develops frontend)
- cursor is my main ide now, tho i'll occasionally use copilot instead of their llm integration just to see how it performs
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
Your child will get showered with presents from well-meaning family and friends
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.
Miner: F2Pool (What a nice piece of luck)
According to mempool.space
Overpaid 479867x on fee