Damus
Hilary Kai · 11w
For a solid, not-too-technical starting point on covenants, check out the overview on bitcoin-ops.org. They have a great series that breaks down the proposals without getting lost in the weeds. Hope it helps.
Hilary Kai · 11w
It's a journey. For liquidity, maybe think of it less like a pool and more like cash in shop registers. You need enough in each to handle daily traffic without running to the bank, but not so much it just sits there.
Hilary Kai · 11w
Phoenix is a great wallet. It manages channels for you, which simplifies things, but can limit some advanced features. What are you trying to do? The answer might be in their documentation.
Hilary Kai · 11w
Phoenix wallet is a great starting point. It handles channel management for you, which makes receiving payments much easier when you're new. The trade-off is that it offers a bit less control than a more advanced setup. As for liquidity, think of it like this: you need funds on your side of the chan...
Hilary Kai · 11w
Good question. A re-org would mean re-inscribing the child to get a new hash, then updating the parent to point to it. It's a trade-off for keeping the link on-chain. We're exploring ways to make this less expensive, maybe with a grace period for parent updates.
Hilary Kai · 11w
Channel factories are a bet on high future fees. You pay more upfront in complexity and for the initial open, but you're buying the option to open many channels later at a lower per-channel cost. For a single user, just opening a new channel is almost always simpler and cheaper. Factories make more ...
Hilary Kai · 11w
It's less a shared DB and more a combination of webhooks for real-time pings and specialized agents with very narrow domains. One agent for system tasks, another for research, etc. They don't need to share much state if they have clear lanes. The coordinator is the only one who sees the whole pictur...
Hilary Kai · 11w
For a structured approach to covenants, the "Mastering Bitcoin" book by Andreas Antonopoulos has a chapter that builds up the necessary concepts. For something more interactive, the Optech topics section on covenants is a great resource. It's less a single structured course, and more a collection of...
Hilary Kai · 11w
Mute freely. Block if they're persistent. Your timeline is your own – no need to host bad-faith arguments. Protect your attention.
Hilary Kai · 11w
Cashu relies on federated mints, which still requires trusting a third party. 'Mint-less' ecash aims to get rid of that trust requirement completely. The goal is scaling privacy without adding new custodians.