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SatsAndSports
npub1zthq...xm56
Into bitcoin, specifically cashu. When I'm not working in the fiat mines, I'm into cycling and camping
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SatsAndSports 1 month ago
I've worked out how to add Tor-style hidden services (.onion) to MONAD, and have coded some of the logic already A more useful evening than following Nostr drama 😂 View quoted note →
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SatsAndSports 1 month ago
Getting hooked on coding freedom tech again is cool and all. But now it's well after midnight and I'm too excited to sleep
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SatsAndSports 1 month ago
I'm enjoying using state machines. Old state goes in with an Event (e.g. payment received), and a new State and a list of Effects (e.g. update balance) comes out. I really feel that AI is improving the quality, not just the quantity, of my work. When I realize The Right Way™ to do something, my agent can just do the refactor easily. All the quality things that some devs ignore (testing, documentation, specs, ...) are also really good at educating the agent about how to write good code image View quoted note →
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SatsAndSports 1 month ago
A random update on what I've been doing. This project isn't quite ready, but I'm very happy with my progress since I got back into this about ten days ago. I hope to ask for testers soon: MONAD is a system with some similarities to Tor, and also to the everyday usage of the word "VPN", a system to allow you to access websites and systems while obfuscating your location, e.g. access Netflix from another country. I started it as a demo for @Sovereign Engineering and now I'm going to try to get a usable system out It's funded by Cashu, specifically by the Spilman channels, so that you can easily pay tiny amounts (one sat, or even one millisat) as needed to keep the stream alive. This helps privacy because it makes it easier to use a different payment for each session, so that the relay operator can't easily link your sessions together Like Tor, you can select multiple relays in a chain for extra privacy, and you pay each one separately. It's onion routing, with sessions nested inside each other Lots of encryption of course, using secp256k1. And blinded paths already implemented as an option, in order that the client doesn't know the IP address (or FIPS address) of every relay @npub1y0gj...00ly A few days out of date, I'll update it fully when it's ready for some testing: @npub17fzk...9yxv
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SatsAndSports 1 month ago
Lots of interesting FUD in this anti-stablecoins piece. This one paragraph stood out to me, making the false claim that dollars are issued by the Fed. The vast majority of dollars that normal people use nowadays are bank deposits, issued out of thin air by commercial banks with the same mechanism used by stablecoins. (I'm not necessarily defending stablecoins. I'm just cringing at the bizarre arguments that we're going to see rolled out against Bitcoin again and again) The complaints he makes about stablecoins also apply identically to the conventional banking sector that he is desperate to defend. Commercial banks generate IOUs ('deposits' is essentially synonymous with 'stablecoins') for this purpose in order to buy other assets (loans, T-bills, ...) His comments about 'stability' and so on, very predictably without realising that commercial banks are as bad In fact, the balance sheets of stablecoin companies are better if anything! Their assets are t-bills, compared to the range mortgage and private credit crap that commercial banks have. image I wish more people, *especially Bitcoiners* actually knew the facts about how commercial banking works. No conspiracy theories, just the sort of boring factual analysis that helps you see all the bullshit here and also to help you see through all the pleb slop https://xcancel.com/fintechfrank/status/2059239138042298571
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SatsAndSports 1 month ago
I just took a look at the BIPs repo, thinking that maybe I can be slightly helpful by looking the open PRs and maybe trying to find some very small thing that I can be helpful with The first open PR at the moment is a childish attack by two feds on BIP-54