I've been looking into all sorts of them recently: logseq, appflowy, vikunja, etc. What tools do you use? Why? What problems did you run into with the previous set of tools you used for this job? Right now I'm primarily interested in finding a "zero-knowledge" (cloud provider doesn't have access to my data) system for task management. Needs to be able to have recurring tasks and tasks organized in some interesting/useful ways (by projects/labels/something, maybe a kanban and table view). Deadlines and time tracking/planning interesting but not required.
Technology
Proton launches LLM and crypto wallet
makeasnek
2 months ago
•
100%
You can make as many Bitcoin addresses as you want. You can look up an addresses balance but not a wallet's balance. It's not as clear as you're making it sound.
Bitcoin over Lightning is much, much more opaque, and it's where the majority of Bitcoin transactions are now occurring. You can't look up somebody's balance. The only people who know about the transaction are you, the recipient, and any intermediary nodes used to forward the transaction. Privacy is continuing to improve on lightning and main chain.
Technology
Proton launches LLM and crypto wallet
makeasnek
2 months ago
•
100%
Technology
Proton launches LLM and crypto wallet
makeasnek
2 months ago
•
100%
In the last two months, Nostr users alone (decentralized twitter clone like Mastodon) sent each other 2.6 million tips (individual transactions) over Bitcoin lightning. In that same time period, Bitcoin main chain did around 20-40k. Most transactions are on lightning by number of transactions. Maybe not by total value moved, but lightning is pretty opaque and grants additional privacy, so it's hard to measure for that reason.
Lightning continues to grow and get upgrades (look up BOLT12 if you are curious about the latest upgrades which bring additional privacy enhancements).
Technology
Proton launches LLM and crypto wallet
makeasnek
2 months ago
•
92%
It's open source, and it's fully self-custody which are two important features. Having a wallet directly integrated into the e-mail client is nice, being able to send payments to other users just knowing their e-mail address instead of their public key is pretty cool. It does automatic address rotation to preserve privacy. Wish it supported lightning for cheaper/faster transactions and additional privacy but hopefully that feature comes in time.
Technology
Proton launches LLM and crypto wallet
makeasnek
2 months ago
•
100%
It's a self-custody wallet and open source. It's regular main-chain BTC but it does automatic address rotation. Unfortunately it doesn't support lightning, which is where the majority of Bitcoin transactions occur. Lightning offers significantly increased privacy, sub-second transactions and fees measuring in pennies.
hrf.org
cross-posted from: https://lemmy.ml/post/18395888 > Preview snippet: > > "Across the world this week, authoritarian regimes predictably continue leveraging centralized technologies and top-down policies to tighten their grip on power. In Russia, Vladimir Putin pushes for harsh regulations on Bitcoin mining, citing fears of potential power outages. These measures would grant the regime unilateral control over where Bitcoin can be mined and who can mine it. While cracking down on access to an open network, he is simultaneously advocating for an expansion of a central bank digital currency (CBDC). This would inevitably grant his regime unprecedented control over individual financial transactions."
makeasnek
2 months ago
•
100%
Am I missing something? "Like all our services, Proton Wallet is open source so all of our security claims can be checked by the public to enhance security. We have also published the Proton Wallet security model so you can understand how Proton Wallet protects both privacy and security."
hrf.org
Preview snippet: "Across the world this week, authoritarian regimes predictably continue leveraging centralized technologies and top-down policies to tighten their grip on power. In Russia, Vladimir Putin pushes for harsh regulations on Bitcoin mining, citing fears of potential power outages. These measures would grant the regime unilateral control over where Bitcoin can be mined and who can mine it. While cracking down on access to an open network, he is simultaneously advocating for an expansion of a central bank digital currency (CBDC). This would inevitably grant his regime unprecedented control over individual financial transactions."
makeasnek
2 months ago
•
100%
They aren't an intermediary. It's a fully self-custody wallet.
makeasnek
2 months ago
•
100%
It's a self-custody wallet, they do not control the keys.
makeasnek
2 months ago
•
100%
Doesn't answer your question directly, but nostr is working on this. Nostr is an open protocol like ActivityPub (which underlies Mastodon and Lemmy). Its main use is as a twitter clone right now, but it also has a very new reddit clone and can theoretically support videos as well. And you can choose your own algorithm. Here's all the choices I get from one of their clients, and there's dozens of nostr clients to choose from. The cool thing is that anybody can make and publish an algorithm and you can subscribe to any algorithm. Your client does all the sorting locally.
Proton
makeasnek
2 months ago
•
60%
Personally very glad to see them roll out this feature. Bitcoin offers pretty decent privacy out of the box, especially with lightning. Like using any technology, using it in a fully private and anonymous way requires some attention to detail. The ability to send/receive BTC from other users knowing only their e-mail address is pretty cool. And the self-custody element is critical.
proton.me
cross-posted from: https://lemmy.ml/post/18390499 > For those of you using Proton services to protect your privacy, a new feature is being rolled out which is a self-custody Bitcoin wallet. If you have a proton e-mail address, you can now send and receive Bitcoin automatically. This is in tradition with their long-standing policy of accepting Bitcoin payments for their services. > > A few key points to know: > - You and only you have access to the Bitcoin, it is a self-custody wallet. You are not dependent on proton's cooperation to access your funds and they do not hold onto the funds for you. > - Proton automatically translates e-mail addresses to Bitcoin addresses. This means you can send/receive BTC to/from any Proton user by just knowing their e-mail address > - Proton does *not* support Bitcoin lightning. This means transactions will take an average of 10 minutes for an average fee of 75c. Hopefully they will add lightning in the future so that can drop to under a second for pennies in fees. Lightning would also enhance privacy > - Note that using Bitcoin is pseudonymous. Using it privately and anonymously [requires some effort](https://en.bitcoin.it/wiki/Privacy). > - Proton has also put together a good primer on Bitcoin [here](https://proton.me/wallet/bitcoin-guide-for-newcomers). > > from their blog post: > > *Early in our journey, we experienced first-hand what it’s like being cut off from the financial system and at the mercy of large banks and institutions — an ordeal that affects millions of people across the globe. In the summer of 2014, as the original Proton Mail crowdfunding campaign was in progress, **Proton had a near-death experience when PayPal froze our funds**, questioned whether encryption was legal, and whether Proton had government approval to encrypt emails.* > > *Fortunately, in that instance PayPal returned the blocked funds, and Proton was able to start the journey that we’ve been on for the past decade. However, that dangerous moment has always stayed in our minds, and we still keep a proportion of Proton’s financial reserves in Bitcoin.* > > *Having experienced firsthand the unreliability of the traditional financial sector, building Proton Wallet is an important strategic move to make Proton more resilient and independent in the future. By enabling us and the entire Proton community to more easily adopt means of payment that deliver on the promise of financial freedom for all, we better insulate Proton from the risks posed by traditional finance.*
proton.me
cross-posted from: https://lemmy.ml/post/18390499 > For those of you using Proton services to protect your privacy, a new feature is being rolled out which is a self-custody Bitcoin wallet. If you have a proton e-mail address, you can now send and receive Bitcoin automatically. This is in tradition with their long-standing policy of accepting Bitcoin payments for their services. > > A few key points to know: > - You and only you have access to the Bitcoin, it is a self-custody wallet. You are not dependent on proton's cooperation to access your funds and they do not hold onto the funds for you. > - Proton automatically translates e-mail addresses to Bitcoin addresses. This means you can send/receive BTC to/from any Proton user by just knowing their e-mail address > - Proton does *not* support Bitcoin lightning. This means transactions will take an average of 10 minutes for an average fee of 75c. Hopefully they will add lightning in the future so that can drop to under a second for pennies in fees. Lightning would also enhance privacy > - Note that using Bitcoin is pseudonymous. Using it privately and anonymously [requires some effort](https://en.bitcoin.it/wiki/Privacy). > - Proton has also put together a good primer on Bitcoin [here](https://proton.me/wallet/bitcoin-guide-for-newcomers). > > from their blog post: > > *Early in our journey, we experienced first-hand what it’s like being cut off from the financial system and at the mercy of large banks and institutions — an ordeal that affects millions of people across the globe. In the summer of 2014, as the original Proton Mail crowdfunding campaign was in progress, **Proton had a near-death experience when PayPal froze our funds**, questioned whether encryption was legal, and whether Proton had government approval to encrypt emails.* > > *Fortunately, in that instance PayPal returned the blocked funds, and Proton was able to start the journey that we’ve been on for the past decade. However, that dangerous moment has always stayed in our minds, and we still keep a proportion of Proton’s financial reserves in Bitcoin.* > > *Having experienced firsthand the unreliability of the traditional financial sector, building Proton Wallet is an important strategic move to make Proton more resilient and independent in the future. By enabling us and the entire Proton community to more easily adopt means of payment that deliver on the promise of financial freedom for all, we better insulate Proton from the risks posed by traditional finance.*
proton.me
cross-posted from: https://lemmy.ml/post/18390499 > For those of you using Proton services to protect your privacy, a new feature is being rolled out which is a self-custody Bitcoin wallet. If you have a proton e-mail address, you can now send and receive Bitcoin automatically. This is in tradition with their long-standing policy of accepting Bitcoin payments for their services. > > A few key points to know: > - You and only you have access to the Bitcoin, it is a self-custody wallet. You are not dependent on proton's cooperation to access your funds and they do not hold onto the funds for you. > - Proton automatically translates e-mail addresses to Bitcoin addresses. This means you can send/receive BTC to/from any Proton user by just knowing their e-mail address > - Proton does *not* support Bitcoin lightning. This means transactions will take an average of 10 minutes for an average fee of 75c. Hopefully they will add lightning in the future so that can drop to under a second for pennies in fees. Lightning would also enhance privacy > - Note that using Bitcoin is pseudonymous. Using it privately and anonymously [requires some effort](https://en.bitcoin.it/wiki/Privacy). > - Proton has also put together a good primer on Bitcoin [here](https://proton.me/wallet/bitcoin-guide-for-newcomers). > > from their blog post: > > *Early in our journey, we experienced first-hand what it’s like being cut off from the financial system and at the mercy of large banks and institutions — an ordeal that affects millions of people across the globe. In the summer of 2014, as the original Proton Mail crowdfunding campaign was in progress, **Proton had a near-death experience when PayPal froze our funds**, questioned whether encryption was legal, and whether Proton had government approval to encrypt emails.* > > *Fortunately, in that instance PayPal returned the blocked funds, and Proton was able to start the journey that we’ve been on for the past decade. However, that dangerous moment has always stayed in our minds, and we still keep a proportion of Proton’s financial reserves in Bitcoin.* > > *Having experienced firsthand the unreliability of the traditional financial sector, building Proton Wallet is an important strategic move to make Proton more resilient and independent in the future. By enabling us and the entire Proton community to more easily adopt means of payment that deliver on the promise of financial freedom for all, we better insulate Proton from the risks posed by traditional finance.*
proton.me
For those of you using Proton services to protect your privacy, a new feature is being rolled out which is a self-custody Bitcoin wallet. If you have a proton e-mail address, you can now send and receive Bitcoin automatically. This is in tradition with their long-standing policy of accepting Bitcoin payments for their services. A few key points to know: - You and only you have access to the Bitcoin, it is a self-custody wallet. You are not dependent on proton's cooperation to access your funds and they do not hold onto the funds for you. - Proton automatically translates e-mail addresses to Bitcoin addresses. This means you can send/receive BTC to/from any Proton user by just knowing their e-mail address - Proton does *not* support Bitcoin lightning. This means transactions will take an average of 10 minutes for an average fee of 75c. Hopefully they will add lightning in the future so that can drop to under a second for pennies in fees. Lightning would also enhance privacy - Note that using Bitcoin is pseudonymous. Using it privately and anonymously [requires some effort](https://en.bitcoin.it/wiki/Privacy). - Proton has also put together a good primer on Bitcoin [here](https://proton.me/wallet/bitcoin-guide-for-newcomers). from their blog post: *Early in our journey, we experienced first-hand what it’s like being cut off from the financial system and at the mercy of large banks and institutions — an ordeal that affects millions of people across the globe. In the summer of 2014, as the original Proton Mail crowdfunding campaign was in progress, **Proton had a near-death experience when PayPal froze our funds**, questioned whether encryption was legal, and whether Proton had government approval to encrypt emails.* *Fortunately, in that instance PayPal returned the blocked funds, and Proton was able to start the journey that we’ve been on for the past decade. However, that dangerous moment has always stayed in our minds, and we still keep a proportion of Proton’s financial reserves in Bitcoin.* *Having experienced firsthand the unreliability of the traditional financial sector, building Proton Wallet is an important strategic move to make Proton more resilient and independent in the future. By enabling us and the entire Proton community to more easily adopt means of payment that deliver on the promise of financial freedom for all, we better insulate Proton from the risks posed by traditional finance.*
makeasnek
2 months ago
•
66%
This is not accurate. Monero offers a very high degree of privacy and anonymity. So does Bitcoin lightning, to a lesser degree. Lightning transactions don't go on chain and are known only to: sender, recipient, and intermediate nodes, if any.
Privacy
EU limits anonymous cash payments to €3k and all cash payments to €10k. Pirate party reacts.
makeasnek
2 months ago
•
100%
Fixed
Europe
Europe limits anonymous cash payments to €3k and all cash payments to €10k. Pirate party reacts.
makeasnek
2 months ago
•
25%
Anyone can view your transaction history if they know your wallet address
Not true with lightning. Lighting transactions are known only to the sender, recipient, and any intermediary routing nodes, not the entire world. Even on main chain, You can make as many addresses as you want and achieve significant privacy/anonymity using techniques like coinjoin.
Also, it’s not true that it hasn’t seen downtime. It has happened at least once in its early days due to a bug.
Maybe in the first year or two of operation, but it's been more stable than my bank, my internet connection, or the credit card processors, all of whom have had major outages since then. Which is 10+ years.
Also, there has been many times where it taken more than an hour between blocks. This is more to its probabilistic nature.
Two hours but 99% of the time the next block comes in 10 minutes. Still faster and cheaper than a bank wire or other common payment scenarios. Lightning wouldn't be effected by this. This happens less often as the network grows and stability of hashpower increases. If you need speed, you use lightning, not main chain.
Privacy
EU limits anonymous cash payments to €3k and all cash payments to €10k. Pirate party reacts.
makeasnek
2 months ago
•
91%
We beat it last time.
Monero
Europe limits anonymous cash payments to €3k and all cash payments to €10k. Pirate party reacts.
makeasnek
2 months ago
•
100%
First they came for the custodial wallets
Europe
Europe limits anonymous cash payments to €3k and all cash payments to €10k. Pirate party reacts.
makeasnek
2 months ago
•
28%
Lightning scales very well. Your information is outdated. A single bitcoin transaction can open a lightning channel. You can have trillions of transactions in a lightning channel between you and anybody else with a lightning wallet. All settle instantly for pennies in fees. They literally happen in under a second. In the last two months, Nostr users alone (decentralized twitter clone like Mastodon) sent each other 2.6 million tips (individual transactions) over Bitcoin lightning. Lightning is decentralized and trustless, just like Bitcoin.
No matter how you slice it: market cap, number of nodes, number of transactions, value of transactions, etc. Bitcoin is on a 15-year trend of growth on average.
Monero
Europe limits anonymous cash payments to €3k and all cash payments to €10k. Pirate party reacts.
makeasnek
2 months ago
•
100%
Chat control was beat. This can be too. Contact your MEP, let them know this issue is important to you: https://www.europarl.europa.eu/meps/en/home
cross-posted from: https://slrpnk.net/post/11683880 > cross-posted from: https://slrpnk.net/post/11683421 > > > The EU has quietly imposed cash limits EU-wide: > > * €3k [limit](http://web.archive.org/web/20240205005538/https://www.consilium.europa.eu/en/press/press-releases/2024/01/18/anti-money-laundering-council-and-parliament-strike-deal-on-stricter-rules/) on anonymous payments > > * €10k limit regardless ([link](https://www.evz.de/en/shopping-internet/cash-payment-limitations.html) which also lists state-by-state limits). > > > > From the jailed¹ article: > > > > > An EU-wide maximum limit of €10 000 is set for cash payments, which will make it harder for criminals to launder dirty money. > > > > It will also strip dignity and autonomy from non-criminal adults, you nannying assholes! > > > > > In addition, according to the provisional agreement, obliged entities will need to identify and verify the identity of a person who carries out an occasional transaction in cash between €3 000 and €10 000. > > > > The hunt for “money launderers” and “terrorists” is not likely meaningfully facilitated by depriving the privacy of people involved in small €3k transactions. It’s a bogus excuse for empowering a police surveillance state. It’s a shame how quietly this apparently happened. No news or chatter about it. > > > > ¹ the EU’s own website is an exclusive privacy-abusing Cloudflare site inaccessible several demographics of people. Sad that we need to rely on the website of a US library to get equitable access to official EU communication. > > > > update > > --- > > The Pirate party’s [reaction](https://european-pirateparty.eu/pirates-against-eu-cash-cap-and-ban-on-anonymous-crypto-payments/) is spot on. They also point out that cryptocurrency is affected. Which in the end amounts to forced banking. > > > > #warOnCash
Cryptocurrency
EU poised to limit anonymous cash payments to €3k and all cash payments to €10k. And make all anonymous crypto transactions illegal. Pirate party reacts.
makeasnek
2 months ago
•
100%
Chat control was beat. This can be too. Contact your MEP, let them know this issue is important to you: https://www.europarl.europa.eu/meps/en/home
Privacy
EU limits anonymous cash payments to €3k and all cash payments to €10k. Pirate party reacts.
makeasnek
2 months ago
•
94%
Chat control was beat. This can be too. Contact your MEP, let them know this issue is important to you: https://www.europarl.europa.eu/meps/en/home
Crypto Fight
EU Set to ban ALL anonymous cryptocurrency payments.
makeasnek
2 months ago
•
100%
Chat control was beat. This can be too. Contact your MEP, let them know this issue is important to you: https://www.europarl.europa.eu/meps/en/home
cross-posted from: https://slrpnk.net/post/11683880 > cross-posted from: https://slrpnk.net/post/11683421 > > > The EU has quietly imposed cash limits EU-wide: > > * €3k [limit](http://web.archive.org/web/20240205005538/https://www.consilium.europa.eu/en/press/press-releases/2024/01/18/anti-money-laundering-council-and-parliament-strike-deal-on-stricter-rules/) on anonymous payments > > * €10k limit regardless ([link](https://www.evz.de/en/shopping-internet/cash-payment-limitations.html) which also lists state-by-state limits). > > > > From the jailed¹ article: > > > > > An EU-wide maximum limit of €10 000 is set for cash payments, which will make it harder for criminals to launder dirty money. > > > > It will also strip dignity and autonomy from non-criminal adults, you nannying assholes! > > > > > In addition, according to the provisional agreement, obliged entities will need to identify and verify the identity of a person who carries out an occasional transaction in cash between €3 000 and €10 000. > > > > The hunt for “money launderers” and “terrorists” is not likely meaningfully facilitated by depriving the privacy of people involved in small €3k transactions. It’s a bogus excuse for empowering a police surveillance state. It’s a shame how quietly this apparently happened. No news or chatter about it. > > > > ¹ the EU’s own website is an exclusive privacy-abusing Cloudflare site inaccessible several demographics of people. Sad that we need to rely on the website of a US library to get equitable access to official EU communication. > > > > update > > --- > > The Pirate party’s [reaction](https://european-pirateparty.eu/pirates-against-eu-cash-cap-and-ban-on-anonymous-crypto-payments/) is spot on. They also point out that cryptocurrency is affected. Which in the end amounts to forced banking. > > > > #warOnCash
cross-posted from: https://lemmy.ml/post/18347232 > cross-posted from: https://slrpnk.net/post/11683880 > > > cross-posted from: https://slrpnk.net/post/11683421 > > > > > The EU has quietly imposed cash limits EU-wide: > > > * €3k [limit](http://web.archive.org/web/20240205005538/https://www.consilium.europa.eu/en/press/press-releases/2024/01/18/anti-money-laundering-council-and-parliament-strike-deal-on-stricter-rules/) on anonymous payments > > > * €10k limit regardless ([link](https://www.evz.de/en/shopping-internet/cash-payment-limitations.html) which also lists state-by-state limits). > > > > > > From the jailed¹ article: > > > > > > > An EU-wide maximum limit of €10 000 is set for cash payments, which will make it harder for criminals to launder dirty money. > > > > > > It will also strip dignity and autonomy from non-criminal adults, you nannying assholes! > > > > > > > In addition, according to the provisional agreement, obliged entities will need to identify and verify the identity of a person who carries out an occasional transaction in cash between €3 000 and €10 000. > > > > > > The hunt for “money launderers” and “terrorists” is not likely meaningfully facilitated by depriving the privacy of people involved in small €3k transactions. It’s a bogus excuse for empowering a police surveillance state. It’s a shame how quietly this apparently happened. No news or chatter about it. > > > > > > ¹ the EU’s own website is an exclusive privacy-abusing Cloudflare site inaccessible several demographics of people. Sad that we need to rely on the website of a US library to get equitable access to official EU communication. > > > > > > update > > > --- > > > The Pirate party’s [reaction](https://european-pirateparty.eu/pirates-against-eu-cash-cap-and-ban-on-anonymous-crypto-payments/) is spot on. They also point out that cryptocurrency is affected. Which in the end amounts to forced banking. > > > > > > #warOnCash
cross-posted from: https://slrpnk.net/post/11683880 > cross-posted from: https://slrpnk.net/post/11683421 > > > The EU has quietly imposed cash limits EU-wide: > > * €3k [limit](http://web.archive.org/web/20240205005538/https://www.consilium.europa.eu/en/press/press-releases/2024/01/18/anti-money-laundering-council-and-parliament-strike-deal-on-stricter-rules/) on anonymous payments > > * €10k limit regardless ([link](https://www.evz.de/en/shopping-internet/cash-payment-limitations.html) which also lists state-by-state limits). > > > > From the jailed¹ article: > > > > > An EU-wide maximum limit of €10 000 is set for cash payments, which will make it harder for criminals to launder dirty money. > > > > It will also strip dignity and autonomy from non-criminal adults, you nannying assholes! > > > > > In addition, according to the provisional agreement, obliged entities will need to identify and verify the identity of a person who carries out an occasional transaction in cash between €3 000 and €10 000. > > > > The hunt for “money launderers” and “terrorists” is not likely meaningfully facilitated by depriving the privacy of people involved in small €3k transactions. It’s a bogus excuse for empowering a police surveillance state. It’s a shame how quietly this apparently happened. No news or chatter about it. > > > > ¹ the EU’s own website is an exclusive privacy-abusing Cloudflare site inaccessible several demographics of people. Sad that we need to rely on the website of a US library to get equitable access to official EU communication. > > > > update > > --- > > The Pirate party’s [reaction](https://european-pirateparty.eu/pirates-against-eu-cash-cap-and-ban-on-anonymous-crypto-payments/) is spot on. They also point out that cryptocurrency is affected. Which in the end amounts to forced banking. > > > > #warOnCash
Europe
Europe limits anonymous cash payments to €3k and all cash payments to €10k. Pirate party reacts.
makeasnek
2 months ago
•
94%
Chat control was beat. This can be too. Contact your MEP, let them know this issue is important to you: https://www.europarl.europa.eu/meps/en/home
Europe
Europe limits anonymous cash payments to €3k and all cash payments to €10k. Pirate party reacts.
makeasnek
2 months ago
•
25%
Bitcoin doesn't give AF. It's your fucking money. Send it where you want. Bitcoin won't stop you. And nobody can make it. 15 years without a single hour of downtime or any government being able to control it.
- I am not encouraging you to break the law. Don't break the law.
makeasnek
2 months ago
•
100%
Crypto won’t scale
And yet every year, for 15 years, the transaction capacity has continued to increase. Networking protocols (TCP/IP, SMTP, etc) also didn't scale to "internet scale" in the first 15 years. They just kept adding new layers to the stack and optimizing it until it did. Just like Bitcoin added Lightning, Taproot, etc to improve scaling.
In the last two months, Nostr users alone (decentralized twitter clone like Mastodon) sent each other 2.6 million tips (individual transactions) over Bitcoin lightning. None of that requires an on-chain transaction, none of it required high fees. It works. It scales. It continues to improve. Lightning has capacity for trillions more transactions because capacity is not tied to chain space.
Also bitcoin isn’t even private and you are basically shouting to the world every time you make a payment.
Bitcoin is pseudonymous. If you make a wallet, nobody knows you own that wallet unless you tell them (or a third party like an exchange), but the balance and transactions on-chain are visible. There are ways to make your transactions more private, like coinjoin, you can have multiple addresses with multiple coins.
With lightning, transactions are opaque except to you and any nodes you route through, because lightning transactions don't go on chain. This also means nobody knows your current balance. If you make a transaction between two lightning nodes that share a channel, nobody knows that transaction was made outside of those two nodes. Privacy continues to improve, see BOLT 12 for the latest upgrades in this area.
makeasnek
2 months ago
•
60%
Bitcoin has been hacked so many times it isn’t even funny anymore, it’s just sad, including a $300 million hack just a few days ago.
Bitcoin has never been hacked. Nobody has ever been able to print money the protocol doesn't allow nor spend money without the appropriate private key. People have had their Bitcoin stolen, which is like getting your wallet stolen IRL, but we don't say 'The USD got hacked' or 'The USD is insecure' just because that happened.
And hour of downtime? Bitcoin has also had that numerous times, where you haven’t been able to process exchanges at all for hours and hours.
That's not downtime, that's congestion. It never stopped processing transactions. If you paid a high fee, you would go through immediately. And that's happened rarely and doesn't effect lightning transactions which are the ones you use if speed is a priority.
makeasnek
2 months ago
•
100%
At a high demand time, it could take hours to complete a transaction (if it even went through at all) and with an outrageous fee up to dozens of dollars.
Bitcoin has never been known for time efficient nor competitive fees (except for maybe in the beginning when nobody uses it).
At least you admit people use it. Bitcoin lightning enables transactions in under a second for pennies in fees, it's been around for 5+ years. Your information is outdated. In the last two months, Nostr users alone (decentralized twitter clone like Mastodon) sent each other 2.6 million tips (individual transactions) over Bitcoin lightning. None of that requires an on-chain transaction, none of it required high fees. It works. It scales. It continues to improve.
makeasnek
2 months ago
•
37%
I’ve had bitcoin transactions that literally took several days to process. This was also using an average fee.
I use Bitcoin regularly, this has literally never happened to me. If your transaction took days either you accidentally set a super low fee or your wallet was bugged somehow. Generally speaking the only way an "average fee" transaction takes more than a block or two is if you pay an average fee right before a rare massive fee spike, in which case, you can do a "replacement" transaction by upping the fee or just wait. Look up "average Bitcoin transaction fees" if you want to see rarity and size of fee spikes.
A handful of minutes or hours in a high-fee scenario, btw, is still much faster than ACH or international wires. Even if the money appears to move that quickly with traditional banking, full settlement is often measured in days to weeks, ask any vendor whose had a chargeback or anybody whose tried to "withdraw" from their Venmo right after depositing to it. Bitcoin's main chain and Fedwire (used to settle liquidity between US banks) have equivalent daily transaction capacity.
You can open a lightning channel with a single on-chain transaction. That lightning channel can stay open for years and process trillions of transactions, instantly, for pennies in fees. If you need a transaction done quickly, you shouldn't be sending it on main chain to begin with.
Long-term the vision is for folks to be using lightning or other L2s for everyday transactions, not main chain. Most Bitcoin transactions by transaction count are already on lightning. Lightning has been out for 5+ years now. It works well and gets better every year.
makeasnek
2 months ago
•
28%
45 minutes to process a transaction and requires the burning down of several rainforests per transaction.
Don't listen to people who are critical of a thing if they clearly don't even understand the basics of how it works. On main chain, a Bitcoin transaction typically take up to ten minutes (the time between blocks). It can take longer if you set a super low fee, but you can guarantee your payment goes into the next block by paying an average fee, usually around $0.75. Your wallet does this all automatically.
On lightning where most transactions occur these days (secured by main chain) transactions settle fully in under a second. Do your own research.
Besides, we all know Bitcoin only takes a single rainforest per transaction, it's been that way since the great rainfork which is ancient history at this point.
Cryptocurrency
Blockchain Trilemma
makeasnek
2 months ago
•
100%
In the last two months alone, Nostr users (decentralized twitter clone like Mastodon) sent each other 3 million tips over Bitcoin lightning. It works, it scales, it's been out for 5+ years now and continues to improve. I can send money to anybody on planet earth in under a second for a penny in fees which i can't even do with my bank account. But it's a failure. Lol.
Cryptocurrency
Blockchain Trilemma
makeasnek
2 months ago
•
100%
And what about the problem of force closing channels and causing the people to pay the fees on chain which can be quite expensive?
On-chain fees are like $.50-$1 most of the time. This only matters if you operate a routing node. If you do, it's something you need to take into account and plan your channels wisely. There's no incentive to force close, non-forced-close is cheaper for everybody, so forced close only really happens if the other node just goes awol for whatever reason. People who are using "regular" lightning wallets never have to worry about this since a lightning service provider (LSP) handles everything. The number of LSPs continues to increase over time and wallets are talking about adding the ability to automatically select LSPs based on published pricing. Importantly, LSPs do not custody funds so there is no rug risk there.
The other situation that gets talked about in relation to channel closes is if a malicious party broadcasts an old channel state to chain (and you have to step in and say hey no actually this is the newest most correct channel state). This is an attack that exists in theory but in practice there is anti-incentive to do it. You lose funds trying it and most lightning wallets and all lightning service providers (LSPs) automatically monitor the chain for this so your chance of actually accomplishing this are basically zero. I have never seen this happen in the wild nor have I ever heard of it happening.
Zeus gets a new version like every month and it's open source. There's plenty of FOSS lightning wallets. Electrum is a good desktop one.
It sounds like you know a good deal about the tech and are interested in it. Encourage you to research more on lightning as well as Ark.
Cryptocurrency
Blockchain Trilemma
makeasnek
2 months ago
•
100%
It doesn't. You can run a node on a raspberry pi. The only time having a large amount of liquidity matters is for sending large payments, but multi-channel payments are becoming a thing (break payments up until several smaller payments) so even that is not a problem long-term.
Cryptocurrency
Global IT outage shows dangers of cashless society, campaigners say
makeasnek
2 months ago
•
80%
both credit/ debit and crypto rely on some sort of network
Credit/debit rely on centralized networks which will have more of the same systems running the same software. Bitcoin is decentralized, running on several versions of several softwares and updates don't roll out to the entire network at once. Much more resistant to this kind of outage. Which is why Bitcoin has a better uptime than pretty much any bank or other financial provider. It's simply more resistant to this kind of failure.
makeasnek
2 months ago
•
100%
Trump has tried to distance himself from Project 2025, but it is clear that he supports and is supported[1] by Project 2025’s many authors[2] including his own press secretary and many members of his cabinet. He has, for example, called Project 2025 “our agenda”[4] and is personally mentioned hundreds of times in the document. By the Heritage Foundation’s own count, Trump already implemented a majority of their recommendations during his last term [3] and 81% of Project 2025’s authors held official appointments in his administration[5].
2 https://www.msnbc.com/opinion/msnbc-opinion/trump-project-2025-truth-social-rcna160774
makeasnek
2 months ago
•
27%
Bitcoin lightning is absolutely hilarious. Your solution to Bitcoins problems is - not using Bitcoin. Wow, galaxy brain move.
Bitcoin lightning is Bitcoin. It's a smart contract on the Bitcoin main chain. You move Bitcoin "into" lightning by sending it to that smart contract, you move it "out of" lightning by having that smart contract close. It inherits the security of Bitcoin main chain while getting the transaction speed of off-chain.
Agree to disagree about the rest. Energy use like carbon footprint is about "where you draw the box". Off-peak demand is the cheapest power available, and it tends to be renewable. That trend continues to escalate.
makeasnek
2 months ago
•
28%
<1% of global energy use to process billions of value transfer every year. Lightning transactions have the energy usage equivalent of an e-mail since they don't go on chain. Main chain, via lightning and other L2 solutions, can process and secure trillions of transactions per year.
makeasnek
2 months ago
•
48%
I see this comment every now and then, and it always forgets the cost of the transaction, confirmation time
With Bitcoin lightning the confirmation time is under a second and you pay pennies in fees as you don't make the transaction on the main chain. Even main chain is like $1.50 for a 10 minute confirmation time which for many transactions like an international wire is still a great deal.
The energy cost is extraordinary, and the end user is taxed for the use of their own dollars.
The energy cost to maintain the base chain is <1% of global energy use, mostly from renewables at off-peak hours since miners have to chase the cheapest electricity. Remittance services and other funds transfer companies also use energy and human capital to move value around, it's not free. A single on-chain tx can open a lightning channel which can contain and secure trillions of transactions off-chain. Processing these transactions takes the energy equivalent of sending an e-mail. Users are "taxed for the use of their own dollars" in regular currency as well. Who pays that tax and the amount of that tax varies by context.
It can't scale
In the last two months alone, Nostr users (decentralized twitter clone like Mastodon) sent each other 3 million tips over Bitcoin lightning. It absolutely scales. And there is plenty of more room to grow.
Its value only increases because it manufactures its own scarcity.
Its value also comes from its use as a transactional network and from it's political neutrality geopolitically speaking. And from the known supply which nobody can manipulate. It's not purely scarcity.
naturally moves toward centralization since mining becomes too large an activity for the individual to reap any benefit
And yet mining is still distributed globally. Any person, company, or country with spare energy resources can buy an ASIC and mine. Mining pools have become more centralized, but a lot of work has been done on that in recent years and that trend is reversing as a result.
www.theguardian.com
Meanwhile, Bitcoin hasn't had a single hack or a single hour of downtime since it started 15 years ago. Decentralization is the answer.
www.theguardian.com
Cryptocurrency
Blockchain Trilemma
makeasnek
2 months ago
•
100%
Scaling block size is not a long-term scalability solution. Bitcoin Cash forked from Bitcoin to double the block size. Then they doubled it again. They continued this and it's now 16x Bitcoin's block size and there are calls to double it again because "fees are too high". Increased block size=increased resources to run a node. It's why most of Ethereum's nodes are hosted in one of three corporate datacenters. Very dangerous for decentralization.
All of humanity's transactions shouldn't be stored on the ledger, permanently, forever. That is a waste of resources and totally madness. L2s are the solution, they use the main chain for security but store transaction data off-chain. They also inherently increase privacy. Bitcoin has lightning and (soon) Ark. Lightning is secure, mature technology and it works without sacrificing decentralization. In the last two months alone, it has been used by Nostr users (decentralized twitter clone similar to mastodon) to send over three million tips in the last two months. None of those tips were on the Bitcoin ledger because none of them need to be.
makeasnek
2 months ago
•
55%
Bitcoin wasn't down. Hasn't had a single hour of downtime or hack since it started 15 years ago in 2008. No bank holidays. Clear and transparent supply, 100% open source code. Not run by any single government, corporate board, or CEO. Sends money across the globe in under a second for pennies in fees, all you need is a phone. Powerful stuff.
politics
Alexandria Ocasio-Cortez warns anti-Biden Democrats about what comes next if they succeed
makeasnek
2 months ago
•
31%
You'll also lose primary voters. I voted in the primaries, there were multiple candidates, Biden lost the primary in American Samoa. If you throw away my primary vote by swapping in another anointed candidate, why would I ever vote in your primaries again? What is even the point? It's like the DNC learned nothing from the debacle of them trying to squeeze Bernie out of the race (thank you Wikileaks for revealing their corrupt BS and causing reforms to the primary process). They lost a lot of voters doing that.
I hate the RNC, but if they are the only party that will respect my primary vote, they are the primary I will vote in next election. Dems switching primaries like this may produce a more moderate republican candidate, which is bad news for dems, since they won't just be able to run on "The RNC is run by crazy christian fascists who want to take all your rights away".
Linux
makeasnek
2 months ago
•
95%
Not a distro but Qubes. Incredible security and privacy out of the box. Not for everyone but absolutely one of the most interesting developments in the OS world in the past decade or two.
Firefox
makeasnek
2 months ago
•
100%
There's lots of ways this could be done quickly, easily, and privately. A previous attempt at this (flattr) was promising but before its time. Making Bitcoin micropayments via lightning comes to mind as a way to do this. In the past two months alone, Nostr users (decentralized twitter clone similar to mastodon) have tipped each other around a million dollars for their posts. There have been nearly three million tips in the last two months. Sending funds via lightning takes under a second for pennies or less in fees. No intermediary to report your browsing history to, no need to trust an intermediary to handle payments, no burdensome need for Mozilla to run payment infrastructure, and it all works in every country right out of the box. And there's plenty of room for this to scale since it's not limited by blockchain space.
Nostr already has a feature to automatically split up your tips according to which posts you reacted to. You can say "I want to tip $5 a month, split it up among posts I react with a heart to". This could easily be extended to which websites you visited, all websites would need to do is put their lightning url in the page source, DNS record, etc.
Nostr stats: https://stats.nostr.band/
www.iftheyhadheldbitcoin.com
cross-posted from: https://lemmy.ml/post/18184500 > A fun website to track the "what if"
www.iftheyhadheldbitcoin.com
A fun website to track the "what if"
mastodon.social
blog.lopp.net
Interesting history and analysis of SMTP's history. How can we prevent fedi and other open protocols from suffering the same fates?
blog.lopp.net
Interesting history and analysis of SMTP's history. How can we prevent fedi and other open protocols from suffering the same fates?
Using anonymous global or regional data esims not only improves your privacy, but gives you better service. Because you are usually in roaming, if the coverage of one operator is not good, or they have an outage, you can usually use a different one, which is not possible if you're "at home". Also you can have one as a backup. Mobimatter has so far the best prices and 1 year validity of data. Keepgo has also good programs. Bitrefill has shorter term, but can be cheaper per gb. All three support crypto payments for additional privacy. Came across this tip on [nostr](https://njump.me/nevent1qvzqqqqqqypzpk4kccr9csumnwhmpv83ladqc6p88089cx2e5s2c4448ppgl2pakqyfhwumn8ghj7mmxve3ksctfdch8qatz9uqzpq9tl4z3v8e788pwjamyzsw2ecmht8k56dvfxjxelnazhqctuh9qptt559)
cross-posted from: https://lemmy.ml/post/17934982 > SiDock is a volunteer computing project on the [!boinc@sopuli.xyz](https://sopuli.xyz/c/boinc) platform which uses the computing power of computers of volunteer's to do open source drug discovery.
SiDock is a volunteer computing project on the [!boinc@sopuli.xyz](https://sopuli.xyz/c/boinc) platform which uses the computing power of computers of volunteers to do open source drug discovery.
bolt12.org
bolt12.org
I have heard a few different strategies for this. For example "Upvote everything, even if you disagree with it, if it contributes to discussion". But my concern with this strategy is that it means the first posted comments just get upvoted the highest regardless of their quality relative to other comments (as all comments which contribute to discussion get upvoted). So, my questions for lemmy: 1. How do you hand out upvotes and why? 2. If somebody could leave you a tip on your comment or post if they liked it (3c, $1, whatever), would you be interested in that functionality? Nostr has this and I find it pretty fun. I would hand out tips here but there is no functionality for it.
cross-posted from: https://lemmy.ml/post/17900388 > The City of Santa Monica is making history by [opening an official Bitcoin office](https://bitcoinmagazine.com/business/the-city-of-santa-monica-is-opening-a-bitcoin-office). The city council unanimously voted to pilot the office in partnership with the nonprofit Proof of Workforce at no cost to the city.|
cross-posted from: https://lemmy.ml/post/17900388 > The City of Santa Monica is making history by [opening an official Bitcoin office](https://bitcoinmagazine.com/business/the-city-of-santa-monica-is-opening-a-bitcoin-office). The city council unanimously voted to pilot the office in partnership with the nonprofit Proof of Workforce at no cost to the city.|
The City of Santa Monica is making history by [opening an official Bitcoin office](https://bitcoinmagazine.com/business/the-city-of-santa-monica-is-opening-a-bitcoin-office). The city council unanimously voted to pilot the office in partnership with the nonprofit Proof of Workforce at no cost to the city.|
podcasts.apple.com
cross-posted from: https://lemmy.ml/post/17823823 > cross-posted from: https://lemmy.ml/post/17823614 > > > In this episode we discusses the political landscape of Bitcoin, focusing on Trump's recent Bitcoin-friendly stance and its implications. We explore the need for a Democratic Bitcoin strategy, the importance of grassroots education, and how Bitcoin aligns with progressive values, emphasizing its potential for global financial inclusion and environmental benefits. In a crucial election year, these issues, and bitcoin education for everyone, including progressives and democrats, is more important than ever. > > > > My guest today is Jason Maier. Jason is a high school math teacher, educator, and author of “A Progressive’s Case for Bitcoin.”
Over the past two months alone, #nostr users have tipped other users 1,624,227,344 sats (approx 960k USD) over #lightning. This is why nostr will become the default social network, no other social network is paying content creators like this. All in under a second for pennies in fees, all without ads.
podcasts.apple.com
cross-posted from: https://lemmy.ml/post/17823614 > In this episode we discusses the political landscape of Bitcoin, focusing on Trump's recent Bitcoin-friendly stance and its implications. We explore the need for a Democratic Bitcoin strategy, the importance of grassroots education, and how Bitcoin aligns with progressive values, emphasizing its potential for global financial inclusion and environmental benefits. In a crucial election year, these issues, and bitcoin education for everyone, including progressives and democrats, is more important than ever. > > My guest today is Jason Maier. Jason is a high school math teacher, educator, and author of “A Progressive’s Case for Bitcoin.”
cross-posted from: https://lemmy.ml/post/17822508 > 1624227344 sats = 960k USD > > All over lightning, confirming in under a second for pennies in fees
1624227344 sats = 960k USD All over lightning, confirming in under a second for pennies in fees
On P2P payments from their [FAQ](https://taler.net/en/faq.html): "*While the payment appears to be directly between wallets, technically the operation is intermediated by the payment service provider which will typically be legally required to identify the recipient of the funds before allowing the transaction to complete.*" **How about, no?** How about me paying €50 to my friend for fixing my bike doesn’t need to be intermediated, KYCed, and blocked if they don't approve of it or know who the recipient is? How about it’s none of the government’s business how I split the bill at dinner with friends? This level of surveillance is madness, especially coming from an app that touts "privacy" as a feature. GNU Taler is a trojan horse to enable CBDC adoption. They are the friendly face to an absolutely terrifying level of government control in our lives funded by the [same government](https://taler.net/en/ngi-taler.html) that tries every year to implement chat control. Imagine your least favourite political party gaining power. Now imagine they can see and control every transaction you make. No thanks.