spacestr

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SoulReaver
Member since: 2022-12-18
SoulReaver
SoulReaver 14d

"Posted from Primal" 😬

SoulReaver
SoulReaver 14d

Oh so you half debunked 1/3 points and it's all good now? Good luck putting a company and service provider between your Bitcoin and yourself. That was Satoshi's vision, the whitepaper famously said Bitcoin: A Peer-to-company-to-service-provider-to-Peer Electronic Cash System as we all remember. It's amazing how willing some "Bitcoiners" are of reinventing tradfi/banking with extra steps.

SoulReaver
SoulReaver 14d

thoughts on this? 😁 https://primal.net/e/

SoulReaver
SoulReaver 15d

It's a constrained device IDK what went wrong w/ u. There are some details. What was your serip like hardware wise besides the pi, which pi?

SoulReaver
SoulReaver 16d

There are about 15,000 active routing nodes on the Lightning Network right now. Over 50% of the entire network runs on node-in-a-box software like Umbrel, RaspiBlitz, and MyNode. And what hardware do you think 99% of those OS builds are explicitly designed for? Raspberry Pis. The massive corporate liquidity hubs (like Kraken or ACINQ) run on enterprise servers, sure. But the actual decentralized routing mesh of the Lightning Network is literally held together by thousands of people running Pi 4s and Pi 5s.

SoulReaver
SoulReaver 16d

It’s a total myth that you can't run a Bitcoin/Lightning node on a Raspberry Pi. It’s actually one of the most cost-effective sovereign setups you can build. This bad boy (my Pi 5) has been running my Lightning node flawlessly for two years. I just decided to switch from a pruned node to a full archival node. I restarted the sync from scratch, and less than 24 hours later, I’m already over a third of the way through the chain. Zero interruptions to my Lightning channels. I just flipped LND into Neutrino mode so it stays online and routing while the heavy Bitcoin sync chugs along in the background. If you use a cheap MicroSD card, you’re gonna have a bad time. Plug in a basic USB SSD and it absolutely flies. At ~5-10 watts of power draw, this whole setup costs maybe $15 to $30 a year in electricity to run 24/7. Pretty cost effective.

SoulReaver
SoulReaver 28d

Devil is in the details. They're using something called Spark under the hood. It's a statechain that can interoperate w/ Lightning, it's NOT LIGHTNING. https://docs.spark.money/learn/faq Now you can elect to implement/ship this, it's kind of shit system w/ trust assumptions, that's fine, that's your lack of care. BUT they DECEPTIVELY advertise it AS LIGHTNING whereas IT'S NOT LIGHTNING. It has very different trust assumptions. Here's a summary version: https://www.bitcoinlayers.org/ This false marketing move casts serious doubts over the honesty of Cake. ALMOST NOBODY TALKS ABOUT THE DETAILS!!! 0.15% in, 0.25% out. Real Lightning has no entry/exit fees. This thing is only cosplaying as Lightning. https://docs.spark.money/learn/faq

SoulReaver
SoulReaver 2d

What does that mean

SoulReaver
SoulReaver 6d

It takes a bit of tinkering, I did some modifications on the article, kept this copy up to date: https://soulreaver.substack.com/p/skylight-monero-wallet-magic-grants

SoulReaver
SoulReaver 6d

Developer even fixed the problems I mentioned there shortly after, enjoying my own Matrix based TX notifier.

SoulReaver
SoulReaver 14d

https://agora.spot/

SoulReaver
SoulReaver 15d

You sure do but running that 7/24 requires much more electric than a rpi, your budget, your choice of course.

SoulReaver
SoulReaver 15d

Try the no sync Skylight wallet on top: Skylight Monero Wallet (MAGIC Grants), monero-lws, TX notifier https://yakihonne.com/article/naddr1qvzqqqr4gupzp8euwghzsxupay6z7ku9f58mltj94q5vv2ykt5fyywzw2sxek9efqy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgawaehxw309ahx7um5wgknqvfw09skk6tgdahxuefwvdhk6tcqz569qme529n5ww2t2du4wuzswf6ycmed94jstvz8pc

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