Plebs Service Announcement (PSA)
This episode is highly recommended. Why? Because I love Mutiny Wallet. TLDR below if you don't have time 👇
#nostr #grownostr #bitcoin #plebchain
https://youtu.be/z3Mt9ZAYzzA?si=3J0JUEA2PVtxZzNl
Tony (npub1t0n…jgqv), benthecarman (npub1u8l…turz) , petermccormack (npub14mc…frlx) if I get anything wrong, please correct me :)
Here is the TLDR:
0. I just love starting at zero, don't you. Hello India. The episode kicked off by discussing the cases of Tornado Cash and Samourai Wallet.
1. Tony (npub1t0n…jgqv) gave a rundown of the state of Lightening wallets and expressed disappointment and concern that a few left the US.
2. He called out Phoenix wallet for capitulating and exiting without any direct threat. He said it is as if they were admitting "guilt". benthecarman (npub1u8l…turz) disagreed and said he understands why.
3. Tony softened the blow to Phoenix by saying they are the best lightening wallet. He explained why. They run a node with $100M in liquidity. They make money by taking a cut on transactions going through their channel.
4. By contrast, Mutiny steers clear from taking any fees from transactions. They are careful and deliberate in their implementation of Mutiny wallet by ensuring they do not see or touch UTXOs. I can personally attest to this fact. I lost funds and got help from Tony and Ben on Github. I didn't copy the 12-word seed phrase. I copied the wrong one 🥲
5. Tony said interestingly enough, the best lawyers within the space are crypto lawyers. Because they are operating within the bounds of the law/regulations and they know it 😂
6. They are almost done with a new app which is more akin to a Dao to fill the void of privacy tech due to attacks on the industry. They made the hard decision to not profit from it to not pollute the waters. They believe in true cypherpunk fashion, it needs to be out there for the world. They are 70% of the way through. I am on it, NOSTR!!!
7. Ben said that no one understands the first amendment. Finally. Truth 😂
8. They talked about the real threat being centralization of mining 😱 Apparently Antpool has over 50% of hashrate, but you don't "see" it because some of the pools that do not appear under the name Antpool are proxy pools. Did you all know about Gcash? They talked about how it was almost was a successful attack on the Bitcoin network. The mining pool actually told people to point away from them to save Bitcoin. Now, that's what I call bravery. They did go out of business. SPOILER ALERT, kinda like Silicon Valley.
9. Tony and Ben are fans of Op Cat and would like to have more scripting enabled. What?! We definitely need to talk to Tony and Ben some more. Someone call petermccormack (npub14mc…frlx) and dannyknowles (npub16le…ffxj). We need a part 2 npub1vjlp9n3eyfs0lr7p750k0p2jwn7edj4832ws6qyuxqnaruuxgglqggkjsg 😉
That's all folks. Zaps welcome. Thanks.
Bitcoinium
npub1f7m…ank9
2024-05-29 16:15:46
Author Public Key
npub1f7mpd7tgtdvpm8fdu5hf0pwkdteuvnftjnhccp45ntlp2wsv63xq6dank9Published at
2024-05-29 16:15:46Event JSON
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"content": "Plebs Service Announcement (PSA)\n\nThis episode is highly recommended. Why? Because I love Mutiny Wallet. TLDR below if you don't have time 👇\n\n#nostr #grownostr #bitcoin #plebchain\n\nhttps://youtu.be/z3Mt9ZAYzzA?si=3J0JUEA2PVtxZzNl\n\nnostr:npub1t0nyg64g5vwprva52wlcmt7fkdr07v5dr7s35raq9g0xgc0k4xcsedjgqv, nostr:npub1u8lnhlw5usp3t9vmpz60ejpyt649z33hu82wc2hpv6m5xdqmuxhs46turz , nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx if I get anything wrong, please correct me :)\n\nHere is the TLDR:\n\n0. I just love starting at zero, don't you. Hello India. The episode kicked off by discussing the cases of Tornado Cash and Samourai Wallet. \n\n1. nostr:npub1t0nyg64g5vwprva52wlcmt7fkdr07v5dr7s35raq9g0xgc0k4xcsedjgqv gave a rundown of the state of Lightening wallets and expressed disappointment and concern that a few left the US.\n\n2. He called out Phoenix wallet for capitulating and exiting without any direct threat. He said it is as if they were admitting \"guilt\". nostr:npub1u8lnhlw5usp3t9vmpz60ejpyt649z33hu82wc2hpv6m5xdqmuxhs46turz disagreed and said he understands why.\n\n3. Tony softened the blow to Phoenix by saying they are the best lightening wallet. He explained why. They run a node with $100M in liquidity. They make money by taking a cut on transactions going through their channel.\n\n4. By contrast, Mutiny steers clear from taking any fees from transactions. They are careful and deliberate in their implementation of Mutiny wallet by ensuring they do not see or touch UTXOs. I can personally attest to this fact. I lost funds and got help from Tony and Ben on Github. I didn't copy the 12-word seed phrase. I copied the wrong one 🥲\n\n5. Tony said interestingly enough, the best lawyers within the space are crypto lawyers. Because they are operating within the bounds of the law/regulations and they know it 😂\n\n6. They are almost done with a new app which is more akin to a Dao to fill the void of privacy tech due to attacks on the industry. They made the hard decision to not profit from it to not pollute the waters. They believe in true cypherpunk fashion, it needs to be out there for the world. They are 70% of the way through. I am on it, NOSTR!!!\n\n7. Ben said that no one understands the first amendment. Finally. Truth 😂\n\n8. They talked about the real threat being centralization of mining 😱 Apparently Antpool has over 50% of hashrate, but you don't \"see\" it because some of the pools that do not appear under the name Antpool are proxy pools. Did you all know about Gcash? They talked about how it was almost was a successful attack on the Bitcoin network. The mining pool actually told people to point away from them to save Bitcoin. Now, that's what I call bravery. They did go out of business. SPOILER ALERT, kinda like Silicon Valley.\n\n9. Tony and Ben are fans of Op Cat and would like to have more scripting enabled. What?! We definitely need to talk to Tony and Ben some more. Someone call nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx and nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj. We need a part 2 npub1vjlp9n3eyfs0lr7p750k0p2jwn7edj4832ws6qyuxqnaruuxgglqggkjsg 😉\n\nThat's all folks. Zaps welcome. Thanks.",
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