This is my #bitcoin rant. When i first started in #bitcoin in 2021, it was quite simple. Buy, HODL. Bitcoin wasnt mainstream, bitcoin was still barely mineable. The big bad wolf was Eth and it was profitable to mine. Later on, came Lightning Network. Building nodes was a thing. Umbrel was starting as a OS, trying to ease the pain of building a bare metal node and trying to increase usability of Lightning network because the onchain fees were horrendous. Then came the crash after the 2021 ATH. Bitcoin Startups from 2021 tried to brace for impact, we saw some solutions for inexisting needs, we saw a bunch of HW coming to light, some nodes/servers chargeing a fortune for a below par computer. Fast forward a few years, adoption is high, institutional adoption is high, Onchain is centralised with Saylor and institution, Lightning Network is centralized with a few big corporate running node cutting off plebs nodes. You cannot build on BTC, you need to build around or make it fit. it is like a old bungalow that you cannot remove walls or roof but you are trying to scale it to a cottage (2 stories). Liquid Network failed, Rootstocl failed, now Spark is the trend. BTC is almost 65% of its ATH and is loosing all momentum. Influencers are now looking at the new kid on the block #monero. When are we going to see XMRsession? FML

GM #nostr, This one will be my “piece de resistance”. 👀 One #monero feature that will remove move of the tipping feature.

GitHub

Add Integrated Self-Custodial Monero Wallet and Native XMR Tipping to Workstr · Issue #246 · Workstr7blo/workstr-web

Summary Add a fully integrated, self-custodial Monero hot wallet directly inside the Workstr PWA so users can receive, hold, and tip XMR without op...

I’m thinking of rotating what’s salvageable from my LN to #monero and use the 6 cores of ressources to add to my mining VM. This shit ain’t worth it.

The morning is pretty busy, was able to raise a bunch of GH issue. To increase #nostr adoption we need to build something useful leveraging it and not just build things to use it. I built @Workstr using #nostr infra. The beauty is that normies wont know it.

GM #nostr And it’s….. already gone! #thx to the #monero community for the support. Fun stuff ahead! View quoted note →

today was the last straw. Woke up to find out that one of my main #lightning channel have been closed. I opened it a few months ago and it was a really good routing channel. The date coincide with the Liquid Network hack. For evey hack and vunerability that was found, some channels were just closing. After hours of roaming around and analysing the nodes, I can confirm that the LN is centralized with a dozen of big nodes. They often form some 1ppm cestpools that obviously highjakes all the transaction. Their main bread and butter is to instead offer liquidity to plebs by chargeing an arm and a leg and closing them as they wish. I think its time i continue building on #nostr but with #monrero.

@Derek Ross , whenever you have a chance, dont forget to have a look at @workstr! Really appreciated!