nice :3

i wanted something easier than paypal/cashapp/etc to transact with

that’s so cool, llms seem like they’ll be more useful in a couple years

frens most of the time

they change to symbols when hovering, i don’t think they have a a11y setting for them :/

welcome to the linux side :3

i like how the function section is the only part with FIXMEs, functions are black magic

copevertible

Blocking known IPFS gateways is cool and all, but what about the legitimate traffic that goes through?

port-a-haj?

There’s an open tracker at w7tpbzncbcocrqtwwm3nezhnnsw4ozadvi2hmvzdhrqzfxfum7wa.b32.i2p, the announce endpoint is /a

postman still works if you visit and most torrents are on both trackers

the N A blend goes hard

not much to say umu

It sounds overcomplicated, is there really a need for the blockchain aspect? Could the same security be provided by a simpler method (like how keybase has their identity proofs?) but better to have it and not need it than need it and not have it ig

What’s everyones thoughts on the Lightning network? Sending payments has been fine in my experience, it’s almost as fast as something like apple pay.

Sorry for swingingkoala, i promise we’re not all this unhelpful x3

Never said you need ASIC, just said that bitcoin is not democratic, because the average Joe does not participate in mining.

Not quite, as the network is governed by the participating nodes, not just the nodes with miners attached to them. You can produce all the blocks you want, but if they dont comply with the rules they wont be accepted. A good article explaining governance is here.

There are many countries, where bitcoin use maybe could be used as an alternative to “dollarization”. Yet the only time I actually saw it happening was during the Ukraine invasion, when Russians traded roubles to bitcoin after leaving the country, since their currency more or less collapsed in the international market.

Theres a couple projects that aim to create a circular bitcoin economy, like Bitcoin Ekasi in South Africa, Bitcoin Beach in El Salvador. Theres also miners supporting local energy development like Gridless.

It uses 0.2% of energy and still does not facilitate daily trade. While the whole banking sector (ATMs, banks, cyrrency production, datacenters) use around 0.4% of global energy.

If by “daily trade” you mean daily purchases like coffee, then yeah, the base layer isnt the best for that. Thats the task of the Lightning network, which allows for near-instant settlement with much lower fees compared to the base layer. The base layer is closer to wire transfers or cash than Visa.

Take VISA for example, it does around 24k transactions per second, while bitcoin does around 100. That’s 240 times more. By this it looks that you would need half the worlds energy production just to come closer to daily use as a currency

100 is a big overestimation, i think base layer TPS is 7-12? Which is why Lightning exists, because who wants to wait an unknown amount of time before their coffee payment goes through (and spend almost a dollar in fees at minimum)?

Also, transaction count doesnt equate to energy usage. Whether theres 100 transactions or 1,000,000, the network will use the same amount to process them. The energy usage depends on the number of active ASICs, and on the number of nodes in the network.

sounds cool but looks gimmicky, and much bulkier than something like a trezor

Rebalancing can be done on-chain via submarine swaps, but its usually cheaper to stay on lightning and send a payment to yourself.

oh, do you mean the channel balance? lightning node operators have to occasionally rebalance their channels, usually by moving funds from a “full” channel to an empty one. channels dont revert cause thatd undo the transaction x3

the first part yeah, the rest seems to be just email (unless ive whooooshed over some deeper fediverse quirks)