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"most people have ended up in this situation where building a lightning-enabled application ends up with them becoming a custodian to some degree"
https://www.youtube.com/watch?v=eILtL3db2KY
https://www.youtube.com/watch?v=eILtL3db2KY
> "So for less than 200k sats the attacker can steal essentially the entire channel capacity."
https://morehouse.github.io/lightning/lnd-replacement-stalling-attack/
https://morehouse.github.io/lightning/lnd-replacement-stalling-attack/
Matt Morehouse
LND: Replacement Stalling Attack
Discussion of weaknesses in LND's sweeper system that can be exploited to steal funds.
persisting in delusions like "the lightning network will work any day now"
https://fixupx.com/i/status/2019497478534451684
π§΅ Thread β’ FixupX
nic carter (@nic_carter)
karma doesn't drive markets, but bitcoiners surely deserve it for
- embracing DATs
- idolizing a guy that sells $1 of Bitcoin for $1.50 to retail
- believing in fantasies like "the four year cycle" and "stock to flow" or an ever growing MSTR premium
-β¦
- embracing DATs
- idolizing a guy that sells $1 of Bitcoin for $1.50 to retail
- believing in fantasies like "the four year cycle" and "stock to flow" or an ever growing MSTR premium
-β¦
For years people thought it was a good idea to invest millions of dollars developing this kind of stuff: https://talaia-labs.github.io/talaia.watch/
talaia-labs.github.io
The Eye of Satoshi Lightning Watchtower - Talaia Labs
Talaia Labs' mission is to work on the security and privacy of the Lightning Network by providing an open-source and standardised implementation of Watchtowers.
"Much of the mempool work is rooted in support for Lightning, which is pretty obviously not going to solve the scaling problem."
https://fixupx.com/jamesob/status/1857049961235403101
FxTwitter / FixupX
jamesob (@jamesob)
THE CONSENSUS CONUNDRUM
Bitcoin faces a one-of-a-kind leadership problem
β
A lot of consensus-change proposals for bitcoin are on the table at the moment. All of them have good motivations, whether it's scaling UTXO ownership or making self-custody moreβ¦
Bitcoin faces a one-of-a-kind leadership problem
β
A lot of consensus-change proposals for bitcoin are on the table at the moment. All of them have good motivations, whether it's scaling UTXO ownership or making self-custody moreβ¦