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Super Testnet
npub1yxp7...399s
Open source dev w/ bitcoin focus | supertestnet.org bc1qefhunyf8rsq77f38k07hn2e5njp0acxhlheksn
I think this news indicates that one aspect of the marketing by Ocean Pool and DMND Pool has been effective. Namely, enough hashers want a say in how the blocks they produce look, that older pools are trying to find ways to give them that say, lest they go to pools that offer it.
I would love it if a web wallet similar to coinos allowed me to give it a list of N preimages and have it create the next N lightning invoices using those preimages. This would allow me to make a digital downloads store that has no backend logic. I could upload files to my server that are encrypted with a certain key, and then use the web wallet to sell users "secret" preimages which, when added to a corresponding "public" string, create the decryption key. The logic could therefore all be done on the frontend: show the user an invoice, check if it is paid via the web wallet's api, get the preimage, construct the decryption key, and give the user their now-decrypted file. Thus the server for a webstore could be a simple file storage system, such as Github Pages, and all the logic could be done on the the frontend, except for the delivery of the secret, which is done by the web wallet, in a way that the frontend can detect.
I would love it if a web wallet similar to coinos allowed me to give it a list of N preimages and have it create the next N lightning invoices using those preimages. This would allow me to make a digital downloads store that has no backend logic. I could upload files to my server that are encrypted with a certain key, and then use the web wallet to sell users "secret" preimages which, when added to a corresponding "public" string, create the decryption key. The logic can therefore all be done on the frontend: show the user an invoice, check if it is paid via the web wallet's api, get the preimage, construct the decryption key, and give the user their now-decrypted file. Thus the server for a webstore could be a simple file storage system, such as GitHub pages, and all the logic could be done on the frontend, except for the delivery of the secret, which is done by the web wallet, in a way that the frontend can detect.
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Super Testnet 3 weeks ago
Today I noticed this in the original LN whitepaper: "A Funding Transaction may have multiple outputs with multiple Commitment Transactions...[One output could] requir[e] additional signatures from security services." The first sentence suggests the possibility of batch txs for opening channels, and the second sentence suggests the possibility of multiparty channels. Those are both ways to scale up lightning usage beyond just "raise the block size." Not only can several users share a funding tx, they can also share an *output* in that tx. Source: https://lightning.network/lightning-network-paper.pdf",
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Super Testnet 3 weeks ago
Today the BIP110 people made a list of economically significant people and groups who currently support or plan to support bip110. Such a list is definitely useful. Sadly it looks like this one is largely a bunch of made up nonsense. Review the list here: v0-bitcoin-companies-table.vercel.app
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Super Testnet 3 weeks ago
Possibly the biggest news of the last five years, imo: Lightning Dev Kit might have just fixed the lightning problem where your payment fails if the recipient is offline. They not only have a protocol spec, but code + a guide for adding support in wallets:
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Super Testnet 3 weeks ago
Interesting stat: Out of 101 blocks mined by Ocean in June, only 21 of them signaled for bip110 Support for bip110 is a minority opinion even in the main group they cite as evidence of economic backing
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Super Testnet 1 month ago
Robin Linus is like this guy except instead of emulating techno music with a hurdy gurdy and a sewing machine, he emulates virtual machines on bitcoin with the find_delete function and boolean logic circuits