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Its a big UX hurdle
I'm glad you also have problems with UX, haha. I gave a talk about the challenges of a non-custodial lightning app at bitcoin++ in Berlin last year if you're interested: https://www.youtube.com/watch?v=xne_iK1I8yc
I never liked lightning
Naturally, I have to ask: why? I’m aware it has many issues, which also makes me curious which of those issues were the most important to you, haha
I could wonder forever or I could try it, so I'm trying it
🥂
I'm all ears if you have any feedback.
I like the 12-words as a signup option! Would also love to see the source code at some point. If I were you, I would be worried about losing momentum by not allowing contributors to join early. It's the most exciting phase in a project where everything still seems possible, and attention is scarce and fleeting. 👀
I never liked lightning
Oh, where to begin..? I think the main reason for me is the complexity in running a sovereign self-custodial lightning stack. Managing channels and liquidity, while being exposed to the risk of loss of funds, is too much. I'm in bitcoin and monero to protect my wealth, not juggle it around in risky or less understood ways. I know there are good non-custodial wallets nowadays and I don't need to run a node or manage channels, but the underlying architecture is just off-putting I guess? I like to run and self host as much as possible. I can run a bitcoin node easily, I can't easily run lightning without worrying that all my money won't be pwned by some new AI exploit tomorrow.
Admittedly, its been a long time since I've tried to use lightning, so maybe things have changed.
As for open sourcing the code, that is the end goal. Stasher will be FOSS. It isn't yet because I'm essentially treating this early launch phase as an open beta to make sure that the system is robust and stable. As for contributors, they will be welcome and expected of course, but personally I don't have a this fear of losing contributors because I've always been a lone wolf and done things with the expectation that I will be doing it alone. Once the source is open then whoever wants to contribute can, if they don't, then don't.
Thanks, I'm having a listen to your talk this morning.
Public LN right now: 13,711 nodes, 36,103 channels, 3,734 BTC. (source: https://amboss.space/ )
I've run my own node on a rpi 5 for years with zero losses.
BTCPay's August bug leaked LND credentials, an app bug, not the protocol.
I mean it's not like AI swept half of LN liquidity, couple of high profile BTCPay server runners got hit. You don't have to have giant ass channels either you can be a leaf node w/ small balance in it.
Monero people dismiss LN outright but currently it's (relatively) one of the most private ways to use BTC. Not that anybody have to use it. LN still seems to lead the most volume version of what's being tried here, the payment attached posting mechanism, both over on Stacker and Nostr.
I'd argue if one still really likes BTC and wants to use it, LN is the most Monero way to use BTC. There's BTC silent payment stuff, but last I checked there were very limited wallet support for it.
Also there is a per-tipper cumulative cap, and log-diminishing returns. a tipper's attributed rank contribution per item stops growing once their cumulative tips to that item pass the cap. So basically, the 0.1 01 XMR tip on this post is past that cap. The same user would not uprank it more by tipping more. They would influence the ranking to a certain extent, and not as much as an equal tip amount from an established user with trust.
Hi ek! Thanks for dropping by. Welcome. Big respect to you and what the stacker team built.
Sybil resistance is a tricky thing to do that we're still working on improving, and the reason we got rid of the sybil fee is due to the limitations of onchain monero compared to lightning. We would essentially need to have a user make two transactions in order to split a payment between the author and the platform fees, we also risk creating dust outputs. And we can't build a batch transaction with QR codes or anything users can easily copy/paste into a wallet. Its a big UX hurdle that would create too much friction to be usable, not to mention Monero's 10 block-lock already making things more difficult for everyone. But the privacy, its worth it!
So we went 100% p2p tips. Currently we only have some basic mitigations in place that just makes exploiting the ranking/rewards system time consuming and less effective though not impossible. Blocking detected self tips (from same wallet) and trust weighted capped votes for new accounts for starters.
We're in the process of gathering data on a few reward distribution cycles in order to determine a hardening plan to make it more difficult to game the system, related to trust, but not ready to share details yet.
IIRC Saloon is like a daily general discussion? That's probably coming, not sure what to call it though because I don't want to steal the saloon term. I'll be honest, I used stacker a couple of times, and always admired the idea, but I never liked lightning. I was an onchain maxi, samourai wallet using, no-kyc kind of bitcoiner. So here we are now.
Overall, I don't know how Stasher will work out in the long term. I could wonder forever or I could try it, so I'm trying it. I think theres a good chance we find an optimal solution to make it a robust and fair system under Monero, and I think as far as the UX so far, its not bad, but there many potential improvements and crucial details like sybil resistance to refine.
But yeah, welcome, make yourself at home. I'm all ears if you have any feedback.