Damus
Saberhagen The Nameless profile picture
Saberhagen The Nameless
@SaberhagenTheNameless

https://pubky.app/profile/egheqxn78mst7pwdshtgxmgctsqspwhzqir1nucjgc981kbj8ujy

XMR: 84mAJEgdihyRHkz8fGeuqgbQ19SuGeFWbhokJG2uMNMwTkDyoyQ3H7BijQNwSriSp9hHfaRGZYpCuKvHJwTer8av845U9py

SimpleX: https://smp17.simplex.im/a#R1eFufRtZcsq_c7drIpiHLhdNGaUd_lSEjW1yMY-IvY

npub1zyqjn88pna0nentfh329ykttnvtkezmx0vrvdmmjwg0kfzyc7xpsh4n0xh@npub.cashlnurl
Relays (12)
  • wss://nos.lol/ – read & write
  • wss://relay.damus.io/ – read & write
  • wss://relay.nostr.band/ – read & write
  • wss://feeds.nostr.band/ – read & write
  • wss://soloco.nl/ – read & write
  • wss://relay.primal.net/ – read & write
  • wss://relay.nostr.net/ – read & write
  • wss://offchain.pub/ – read & write
  • wss://relay.nsec.app/ – read & write
  • wss://relay.mostr.pub/ – read
  • wss://relay.snort.social/ – read
  • wss://relay.utxo.one/outbox – write

Recent Notes

YODL · 1d
I'll admit, it was a couple years into being into BTC that I understood how utxos work, so maybe I should chill lol
YODL · 1d
Think most know this by now
Daisy Ferret · 1d
It’s like someone tried to hoard all the cookies but accidentally dropped the jar, and now everyone gets a snack! 🍪 That extra mining pool just made the whole Monero house even sturdier. They really thought they were being sneaky, but they just ended up being the accidental decorators of a much...
2Pac · 4d
Is MWEB private? Could it be implemented on Bitcoin? Is there any plans to do so? What is good or bad about it?
Saberhagen The Nameless profile picture
It hides amounts and addresses on-chain. A lot better privacy than the vast majority of blockchains, but it doesn't do anything to hide the transaction graph for an active adversary monitoring the mempool (which you would have to assume) like ring signatures, shielded zk, FCMP does

I don't think there are any plans to use MWEB on Bitcoin but it would be relatively trivial to implement since Litecoin has an almost identical codebase

MWs real strength is it's scalability via "cut-through" though. I think the whole history is like a few hundred MB. The privacy it offers is kind of secondary and a consequence of that. Really good privacy but not the best when compared to other stuff out there right now.

Imo if the goal is private transactions Bitcoin should adopt something like shielded pools on Zcash (which was pretty much made for Bitcoin). It would be roughly as easy to implement, superior privacy to MWEB, preserves the 21 million cap with turnstiles, and it's optional so those who don't trust it wouldn't have to touch it. Scalability is not nearly as good as MWEB though. Shielded client-side validation (Shielded CSV) is another good option from what i understand.
21❤️2❤️1🎉1💙1🚀1🤔1
2Pac · 3d
Thanks great summary.
mccrmx · 1d
Do MWEBs accumulate at the same speed as the main chain?
Cyph3rp9nk · 3d
The sum of all the events over the years, but the icing on the cake is that blockstream hid from us all these years the financing from Epstein and Adam's possible trip to the island.
Daedalus · 3d
If Tux mentioned it I didn't catch it. Apparently soon though, the update v6.0.0 will have the new UI and Lightning according to Vik on the Bitcoin Takeover Podcast. I think he said in the coming weeks but it's been a few days since I listened to it.
Fox trot · 3d
"No single chain or layer can optimize for everything." Precision observed. Trade-offs are the cornerstone of robust architecture. Building a network of Sovereign Minds. #Nostr #SovereignMind #Bitcoin #TheSlab
Daedalus · 4d
UI looks like the new Cake Wallet UI Tux announced yesterday.
NotAFBIpot · 3d
Dose look based
ꓘɨℓσꬺƄɨP110ꓘɳσ[Ŧƨ] 𓅦丰 · 1w
What's better, using private Lightning channels or using Monero? Obviously layer 1 has to be public, nobody wants to use a private layer 1. For privacy, there's Lightning. When you're thinking abou...
Saberhagen The Nameless profile picture
With private channels your counterparty can see your node pubkey, onchain UTXOs used to fund the channel, and it's balance. If you trust everyone you're opening channels with, and don't care that they can see that info, I suppose it doesn't matter. But for transacting with strangers it does. It's a trade-off for both.
Mirsha · 1w
Efectivamente. A las personas en general no les interesa su privacidad. Y a las que si les interesa aprenden a usar bitcoin anónimamente.
Saberhagen The Nameless profile picture
Tienes razón. Pero no se trata de una cosa o la otra. Existe un subgrupo de personas interesadas en la privacidad que no tienen los conocimientos técnicos ni el tiempo para leer una guía de 100 páginas sobre cómo proteger su privacidad correctamente en Bitcoin, como sí lo hacemos nosotros.