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Hynek
hynek@linky.fit
npub1lz8x...h86s
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Hynek 1 year ago
@Liquid Network has a lot of great features, but I would be worried if it gained traction and the masses relied on such a leaky security model. image
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Hynek 1 year ago
Cashu is for peanuts…
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Hynek 1 year ago
It's kind of funny how is everything USA instead of decentralized today 🍿 image
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Hynek 1 year ago
I see verified contacts as the most important feature to develop right now. It may not seem revolutionary on its own, but I believe it is a fundamental building block for a resilient P2P network. - You verify your contact’s identity (npub) in your hardware wallet. — This is best done offline. You don’t need many contacts, just ones you fully trust. - When sending an on-chain transaction, you use an address signed by that contact. — This means you don’t need to check the address on your HWW, just the human-readable name tag. - The verified contact’s address can be automatically retrieved in the background. — We tested this using Nostr in our prototype, and it worked well. - The same approach can be used to verify anything else. — For example, LN invoices or Ark addresses. - This could also enable: — P2P marketplaces — Social backup — Trust-based scaling View quoted note → Ideally, a high-quality standard would emerge that various HWWs could adopt. This would allow deriving backups for any hot wallets, and verified contacts could be used consistently across all applications.