
Sachin
npub1xnc6...3qnl
Curating and contributing at the Bitcoin Breakdown newsletter.
Notes (14)

An overview of Bitcoin scaling solutions (with various tradeoffs of course) from a talk by Steve Lee of Spiral at Bitcoin++ Lightning Edition (5:03:00 onwards):
https://www.youtube.com/live/7UH9o6SZPhc?si=WpAegDqhkXiKnudf&t=18201
The yellow graph in the middle is the Lightning Network. nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5's implementation of NWC is the best I've seen it done so far. Extensive customisation of each connection.
Was concerned about connecting my embedded LND to it.
Then I realised there's Cashu. The wallet has an explicit option to restrict NWC connections to your Cashu wallet alone.
Test
Zeus' implementation of NWC is very good
Wishlist as an LN user/enthusiast:
•Splicing on all implementations
•Async payments
•Rough consensus on standards for LN wallet recovery
•Bolt12 everywhere, especially on Nostr
•Good compatibility between LNURL and Bolt12 if or when the latter gets widely adopted
•LN Symmetry
•Ark, Spark, Liquid, Cashu and Fedi wallets integrating themselves into the network and making payments to and from self-custodial LN users as smooth as possible
•More wallets competing with Phoenix with the same business model to bring rates down
•More wallets competing with Zeus and Blixt
•More swap providers competing with Boltz to bring rates down
•A bigger marketplace of LSP's competing with each other to provide inbound liquidity to bring rates down
nostr:npub1v5ufyh4lkeslgxxcclg8f0hzazhaw7rsrhvfquxzm2fk64c72hps45n0v5 has gotten a lot better. I can see myself shifting all my Bitcoin podcast listening activity to Fountain very soon, if they keep improving.
⚡
https://fountain.fm/episode/E6v68qtQURtqztfGkU2B
nostr:nevent1qvzqqqpxquqzpjdk7cjwx454660rru53azg7t7f8vcw982dtwa20q2qr7h522z8mga0d7l
⚡
https://fountain.fm/episode/kP68prtO9QkHzVjrTIiO
nostr:nevent1qvzqqqpxquqzq3rrj0f9hyc7z3gdwuurun36a5j4re0zxyl29xp7u2jdxy3w2am37rg3pw
⚡
https://fountain.fm/episode/EbMc3RgmnFzx6S5UXbns
nostr:nevent1qvzqqqpxquqzqmzpdxuztss5qd3hxa4gwmmm3jyj75lyqpz9nmyg3f7ks72ffvj0x5uftr
'Lightning Self-Custody Works: Why Mobile Nodes Are the Future of Bitcoin' from Voltage:
https://www.voltage.cloud/blog/lightning-self-custody-works
Channel Splicing PR is going to be merged soon into the Bolts repo
Item no. 3 in this issue:
https://insider.btcpp.dev/p/last-week-in-bitcoin-nov-17-23
Link to PR:
https://github.com/lightning/bolts/pull/1160
Great rip!
https://fountain.fm/episode/9TpAKbyGusTkGm6PEmZo
nostr:nevent1qvzqqqpxquqzpuktlmaqv7lu3a8yfrm2n3vhjnn3lg87t2xmyw0qm6qvd07tru4672lwxe
A simple policy recipe to break any society - big and small, liberal and conservative, democratic and autocratic - and to put it on a path of declining living standards and increasing internal and external conflict and chaos:
1. Socialism
2. Fiat money and central banking
3. Empirical economics and lawmaking
Tried and tested. 100% hit rate.