Using lightning network on a day-by-day basis has became increasingly easier for bitcoiners thank to the speed of development on this brilliant protocol.
Orange pilling nocoiners is easier than ever because of solutions like Wallet of Satoshi, LightningTipBot in Telegram, Phoenix, Moon, Alby etc. These wallets give really a magic-like experience to users most of the time, for 99% of the transactions, and this is really pushing ahead the ecosystem and the development on top of Bitcoin.
After several months of self-hosted lightning payments with my node I feel that I can provide a reasonable feedback about my own experience being my own bank.
Overall the experience has been great, Zeus wallet is the perfect terminal for my node management when I'm messin' around; while at home I really enjoy Ride The Lightning. Both LND and c-lightning are good implementations, with both their pros and cons.
But here comes the troubles. I try to not connect directly with huge hubs like Acinq or WoS but I found out that is nearly impossible to have a good LN experience without having connections with those hubs. I often find myself struggling with routing errors and payments that constantly fail. Liquidity is always a huge issue if you want to try the 'decentralized' LN experience (therefore only connecting with community nodes etc).
I hear your thoughts though:
Man, if you don't connect to big nodes you'r never going to make through with +100'000 sat payments!
I'm aware of it, but in a certain sense I wish I could...I'm in love with the idea of individuals being their own bank and I hope that liquidity issues will be solved as the adoption progress.
I'm really curious about your own experience with self-hosted lightning nodes:
- Which LN implementation do you prefer?
- Have you ever experienced troubles while trying to pay with your LN node?
- What do you think about the idea of avoiding direct channels with big hubs? Is it a good idea from a 'sovreignty' standpoint?
Ps. Stacker News is brilliant!
I think River and Damus and Casa have done a great job of creating a sticky brand for me. What Bitcoin Did is a great brand too. TFTC as well. There are lots of them but those come to mind. Of all personalities, I think Jimmy Song, Lopp, and Lyn have the strongest personal brands.
The main thing is I know what these "brands" stand for, they're consistent, they aren't deeply conflicted in a variety of opaque ventures, and their leaders aren't noisy af about all kinds of tangentially related nonsense nor trying to appeal to everyone (and hide who they are). ie Their identity is strong.
I see a lot of brand potential in:
Who is "we"?
Start there.
I think Elon doesn’t understand money yet. He works hard enough he tends to come around on things but his businesses are very dependent on fiat credit (as evidenced in his calls for lower interest rates despite record inflation).
I don’t think he’s evil though. He’s likely just powerful and wrong. Harmful but ignorant.
Anyway, I don’t think he intends to do anything special with Bitcoin. He’ll likely do whatever gives him a laugh and seems directionally correct, and the people who run his businesses think will do the best things they imagine will help the business.
X is probably still a fantasy for him but that’s kind of irrelevant. Bitcoin is what X would’ve been if Levichen could’ve figured it out.
A bit of Darth history... TLDRs
2012 - get into Bitcoin, hard lesson, right into the 1st halving
2013 - felt the real first halving tsunami, brutal year, but I could handle it
2014 - recovered and start studying hard
2015 - start teaching more people, meetups etc, basic stuff, but good stuff. This was the year I accumulated most of BTC
2016 - really nice year, engagements with more merchants, I really wanted more people into Bitcoin. But also was the year of the 2nd halving... again a shock for me.
2017 - the block size war, terrible times, lost many "friends", too many debates, useless debates wasting my time, instead of focusing on merchants adoption
2018 - again debates with shitcoiners, sucking my energy all the time. So I decide to move away for a while, I was quiet.
2019 - just watching the world how they fight each others.
2020 - I was shocked by the amount of people coming in, without any fucking clue about BTC. So I decide to come in and help.
2021 - testing all kind of possible scenarios, talking with shit tons of merchants, trying to teach everybody I could, to share my knowledge
2022 - kinda lost my faith in humanity, falling down the slope of seeing how humanity doesn't give a shit about the world fall apart
2023 - I tried with all my energy remained to save the last souls... really hard task, when only very few are listening to your screaming warnings.
2024 - if I will be able to finish my citadel, I will just retire. yes all my haters will be happy. But I don't give a shit about them (as usual). I only hope that somebody will still read my guides and learn more.
I am sorry but I cannot save you all...
I tried to warn you in any possible ways.
Who had ears to listen, props to you, who just hate me, fuck off, the message wasn't for you.
https://i.postimg.cc/t7GjCWnS/I-have-spoken.gif
Please stop being so awesome. I have other things to do and you guys keep distracting me.
Me when muun wallet is still a thing
https://media.tenor.com/CT8uDkMXPjwAAAAC/hot-fuzz.gif
Is this a reference to something or just a typo?
Edit: lol I’m dumb. Etf
What's the plan for tonight folks? Any stacker.news parties in Miami?
The only genuine downsides, to me, are the limited scope of conversations and the flood of links that I have no interest in following.
If you want to talk about something other than Bitcoin, and now sports :), there's not much interest and it's not clear how to start those conversations.
Over time, I imagine people learn to stop posting content that no one engages with, but as SN grows and new generations of users fish for sats, there are going to be lots of unwanted links.
https://imgprxy.stacker.news/vKlXAaEsitRE2tsml84F9XZrNbA3aViUaiWC_e1ANGs/rs:fit:600:500:0/g:no/aHR0cHM6Ly9wYnMudHdpbWcuY29tL21lZGlhL0VHUk92cHNWVUFBaUFRVy5qcGc
Trying to eat more yogurt/probiotics & fiber to be more regular, but the berberine seems to be helping there.