Hynek

Public Key

npub1lz8xv2dnyryrk4vswkcgf52vqqzruqwuyp53s7pvusx4fef9fh2s7hh86s

NIP-57 Address

hynek@walletofsatoshi.com

Profile Code

nprofile1qqs03rnx9xejpjpm2kg8tvyy69xqqpp7q8wzq6gc0qkwgr25u5j5m4gpz4mhxue69uhkummnw3ezummcw3ezuer9wchsz9thwden5te0wfjkccte9ehx7um5wghxyee0xy336x

Publishing to

nostr.oxtr.dev

relay.nostr.bg

nos.lol

Author Public Key

npub1lz8xv2dnyryrk4vswkcgf52vqqzruqwuyp53s7pvusx4fef9fh2s7hh86s

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Last Notes

2025-02-21 06:11:24

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P2P. @npub1mft…rkl3 can help with that…

2025-02-17 18:57:44

This article is really amazing and fascinating.
https://waitbutwhy.com/2016/03/cryonics.html
One of the reasons why we should hurry with the bitcoin adoption, so we can use the energy to other topics later on.

2025-02-15 08:35:53

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Trezor for onchain savings. For spending probably @npub1xnf…lpr5

2025-02-13 16:11:37

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Fair. Thx

2025-02-13 15:50:13

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Thank you..
It seems that Rescan wallet helped…
But I’m still bit afraid to use it with onchain funds 😬

2025-02-13 14:55:41

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I’m trying to use it without my node. Use some LSP instead. But maybe it’s not possible?

2025-02-13 14:37:44

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I don’t see embedded in settings https://image.nostr.build/1baa754febcb5fa8e639ecd5be9c93e36abc3f58eb90e00f308c6a31885de668.jpg

2025-02-13 12:34:21

I’m testing @npub1xnf…lpr5 with LSP - on testnet. Whenever I send bitcoin onchain, it doesn’t appears in the app. Any idea what could I be doing wrong?
(I was testing testnet3 and testnet4)

2025-02-11 18:30:28

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@npub1mft…rkl3

2025-02-11 17:45:43

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Drastic for who?

2025-02-11 05:25:11

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But also … DCA also has dollar in its name 💩 → it just doesn't have a future...
https://stacker.news/items/15797/r/hynek

2025-02-10 21:36:44

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Good one👍

2025-02-10 20:05:49

I still don’t get the DCA.
Why would you keep holding the fiat?

2025-02-09 13:38:27

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Vlastně @npub1mft…rkl3

2025-02-09 06:12:14

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Looks nice. But do you know Bleskomat?

2025-02-03 14:08:23

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Yes, normally they do 🙂
But I’m trying to make a mint from every user (without running dedicated server)
#note1puj…ckst

2025-02-03 07:21:53

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It’s great. The only downside I see is centralization and high fees

2025-02-02 13:54:12

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Whole bitcoin stands on game theory / incentives

2025-02-02 07:49:35

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How do you mean it?
I think that p2p verified identity is a very important building block..

2025-02-02 07:08:23

Jsonbits is asking on @npub1jfu…m0gx What do you think is the biggest thing holding back mainstream merchant adoption?
https://stacker.news/items/873056/r/hynek
—
I think there needs to be demand from paying bitcoiners first. And bitcoiners need to go full in bitcoin even before that. Otherwise they tend to fall in Gresham's law fallacy

2025-01-31 13:07:13

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#note1qsr…6awd

2025-01-31 13:05:50

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I don’t think so even though I understand your view.

2025-01-31 08:59:30

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Stable shit

2025-01-30 06:11:04

Another beautiful consequence of verified contacts being able to issue their own Cashu tokens is that it simplifies communication within a Lightning channel factory. Once you have verified contacts with their npub, you can coordinate the construction of a new channel factory and, more importantly, modify the distribution of existing virtual channels within the factory.
You can freeze the state of channels and continue clearing via Cashu tokens. Once the new channel distribution is settled, you can redeem the tokens back through your newly established channels. #note1qsr…6awd

2025-01-29 20:08:51

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Yes, I will try to use cashu as one of the puzzle pieces

2025-01-29 19:12:22

Imagine if everyone could issue their own IOUs in sats. I don’t mean just anyone, but literally everyone. You would accept promises only from well-known and verified peers—and only up to a certain amount. You would compare the risk of losing this money with the cost of bitcoin settlement.
During times of cheap block space, like now, you could settle on-chain more frequently. If you have a stable internet connection on your mobile, you could start opening channels with your peers. Once you have a few channels, the incentive to hold IOUs decreases. And with further optimizations, it diminishes even more.
This could extend the reach of the Lightning Network, connect the missing points, and, over time, help build a truly resilient network. #note1jzd…squ5

2025-01-29 14:00:31

If we can’t guarantee that nobody can print money the second best could be that everyone can print. And with verified peers the ecosystem could evolve to intended state that nobody is actually printing. #note1wc7…87ez

2025-01-29 09:14:05

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Probably using some custodian like Coinbase.. but I don’t know..

2025-01-29 07:52:59

Self-custody is not trivial, but self-custody for state institutions will be huge honeypot and therefore really difficult to maintain.
https://www.ft.com/content/a3c06f8f-34ad-4065-bcf4-97670230824f

2025-01-29 07:30:20

Mempools are almost empty again..

2025-01-29 05:12:29

This remains to be the primary goal:
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending…

2025-01-28 06:24:02

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Thanks. Yes. Scammers are everywhere..

2025-01-28 06:22:50

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Zatím tady jsme jenom jako jednotlivci

2025-01-27 11:52:03

Bitcoin is not technically perfect. Its genius lies in getting the incentives right.

2025-01-26 03:57:50

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Great. How do you handle the communication between them?

2025-01-22 03:52:18

Another builder has joined the game. Welcome back, Ross 👋

2025-01-16 21:41:27

The entire point of Bitcoin is to transmit money, everyone needs to stop making idiots out of themselves by denying we are doing this.
If the government ends up ruling "Yes, you need a license to run a Bitcoin node or hold Bitcoin keys", then you have dug your own grave by pretending they have the authority to control this in the first place.
Grow some fucking balls and be proud of transmitting money. Stop begging the government to reevaluate their regulation that denies you this basic human right.
— Kruw

2025-01-14 17:46:50

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Sender of cashu can be technically offline

2025-01-13 07:04:21

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Can you share more insights?

2025-01-12 05:56:05

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What if billions of people can do on-chain transaction, just not at one time? What if they can, but actually don’t need to?

2025-01-12 05:04:00

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How can be off-chain sovereign?

2025-01-11 18:32:52

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Nice. Do you recommend some faucet?

2025-01-11 11:13:17

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Sure. I just don’t understand why he doesn’t want?

2025-01-11 10:52:03

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Too true to be funny…

2025-01-11 10:49:39

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Use @npub1mft…rkl3 and build the p2p network peer by peer…

2025-01-10 13:39:04

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I like this statement:
1. If we don’t make BTC self-custody and private payments easier and more scalable, we’ll end up with dominant BTC custodians and payment providers.
But don’t understand how they are helping with it?
It seems to me that they are actually interested in further points like BTC DeFi, and L2 bridges 🤷

2025-01-09 19:04:35

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Exactly 🔥

2025-01-08 20:09:22

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https://image.nostr.build/d6a1b97efb8c571e023de814c3851d3bca7fe238d863c386d488d1804dcdd2e2.jpg

2025-01-07 17:57:47

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Sure.. I just don’t find funny that even “evil” people are dying.

2025-01-07 08:40:14

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It would be easier to convince them with clear proposal. Custody of ecash is not that simple

2025-01-07 08:38:50

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MobileCoin looks more reasonable from their perspective.

2025-01-07 08:37:38

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Nice. But even more beautiful would be to interpret it more user friendly. Like small badge instead of endless string

2025-01-07 08:32:26

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https://community.signalusers.org/t/bitcoin-as-a-native-payment-in-signal/48757

2025-01-07 08:22:56

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If you’re right, then decentralized alternative should work..

2025-01-07 08:21:00

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MobileCoin is obviously shit💩.
But they don’t know how to integrate independent and sovereign bitcoin payments.
I agree that cashu would be much better compromise thou..

2025-01-07 05:08:49

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Rather desperate than funny.
All those fighting people could be building useful stuff…

2025-01-06 18:13:24

Nice bitcoin data overview of 2024…
https://blog.lopp.net/bitcoin-2024-annual-review/

2025-01-02 18:46:34

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Possible outcome C) nothing changes

2025-01-02 18:40:07

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Díky, to jsem zkoušel, ale není tam ta hra. Asi by to šlo Whiskey, ale nechce se mi s tím tak drbat

2025-01-02 12:05:09

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Mělo by se to jmenovat spíš Refactorio 😂
Ideální jestli celý den programuješ a potom hraješ ve volným čase v podstatě stejnou hru 🙂

2025-01-02 12:03:17

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I assume the point of using color is to filter out fake accounts. If I want to make a fake account, I'll generate a few keys for a while until I get a visually very similar color.
Or is it something else?

2025-01-02 11:47:54

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It’s quite simple to generate one very similar color

2025-01-02 07:51:48

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To se mi taky před lety přihodilo. Mimochodem Factorio byla první věc, kterou jsem si koupil za bitcoin

2025-01-02 07:50:32

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It’s not my real portfolio. I don’t have any of that shitcoins

2025-01-02 07:48:40

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And it’s not even needed…

2025-01-02 07:47:40

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Jasny. Díky. Alespoň se nezadrbu na desítky hodin hraním 🤣

2025-01-02 06:38:52

Some diversification make sense https://image.nostr.build/fd77db1c41738ef7e5cce9feefeefb50b342db7aed9fce0791a6a11ff4b62ba7.jpg

2025-01-02 06:05:56

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Jde to rozchodit na macu?

2025-01-01 17:15:07

On January 1, I am always surprised by a letter from my younger self. A letter I write a year ago is always very personal. No one knows me as well as I do.
I use https://www.futureme.org/

2024-12-31 13:59:48

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This is basically communication via mempool which is suboptimal. But sometimes it is the best information you have.

2024-12-31 10:22:48

I'm preparing a simple transaction merging tool for old-fashioned onchain transactions.
You send a bitcoin to someone, and they send it to someone else. Both transactions are still pending so you can merge them together without cooperating.
You will optimize the transaction size → 🏃speedup the mining or 💰increase your change output.  Let me know if you find it useful. You can help with testing, if you like :-) https://image.nostr.build/6fe2c1ee3e83e6c650a0f05f96e2ff3c852d624ee82883637ac71d4b30bb4d27.jpg

2024-12-31 09:47:41

666 Followers.. What a milestone 😈

2024-12-31 09:35:43

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Some clients support that.. but it seems that NIP-23 is better for that use case..
https://habla.news seems to work…

2024-12-31 09:34:30

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Thanks, got it..
https://habla.news seems to work for that purpose

2024-12-31 09:29:55

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Can I build such an event directly in Damus?

2024-12-31 09:21:12

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Which client is this?

2024-12-31 09:04:24

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Which one do you recommend?
I don’t see it formatted on Damus, Coracle, noStrudel, nor Primal…

2024-12-31 08:52:50

How do you write rich text on nostr?
_markdown doesn’t seem to work_
#asknostr

2024-12-30 15:37:33

Close-source leads to duplicate efforts. Open-source enables building on top of others.

2024-12-30 12:13:11

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Where’s pandemic?

2024-12-30 09:34:03

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Adopting bitcoin looks very nice.. But I’m afraid it’s too early for me…

2024-12-30 08:31:05

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For me 😂
But I understand it’s quite difficult. So can you name your favorite please?

2024-12-30 08:15:30

Which nostr conference will be most beneficial in 2025?
#asknostr

2024-12-28 19:48:20

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Is the PWA on the roadmap?

2024-12-26 12:41:02

With ecash you have to trust someone... But that someone could still be you.

2024-12-25 12:49:05

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Deterministic nonce requires much more complex implementation
https://bitcoinops.org/en/topics/musig/

2024-12-22 12:55:32

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Are there any apps using drive chains? Even on signet, but something that could be showcased?

2024-12-22 12:21:48

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Yes, but all comes with significant trade offs.
And as far as I know, none of them scale, right?

2024-12-22 07:57:43

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I appreciate your work. I understand that it's exhausting to watch people rejoice at the adoption of bitcoin by states while ignoring real issues like the unavailability of sovereign payments or privacy.
But have you been able to discover anything useful among altcoins?

2024-12-18 12:58:01

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Every bitcoiner counts and 25% would be crazy success.
However I don’t think we are ready for that.. For example I don’t see any good enough lightning implementation.

2024-12-18 12:52:14

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I respect Phoenix, but don’t like their compromise choice…

2024-12-18 08:06:50

The more people allocate a larger portion of their resources to #bitcoin, the more useful bitcoin becomes for everyone. 🔥
It’s value also grows faster with each additional person (until we surpass a critical mass - probably when we reach half of the people worldwide).
This is why striving for the widest possible adoption is important.
Ideally, for sovereign adoption. Because that not only makes bitcoin more valuable but also more resilient.💪

2024-12-14 19:40:18

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Jo, ta je podle mě na cash aktuálně nejlepší 👍

2024-12-13 15:30:24

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Dobra aplikace, ale bohužel se už zastavil vývoj

2024-12-08 08:42:32

Two things I miss most in bitcoin ecosystem as of now. Please navigate me if you know a good solution. 🙏
1. First layer contact list with npub derived by HW wallet from BIP39 seed (without unchain footprint)
2. Smooth connection of onchain, LN, and potentially other ideas like Ark

2024-12-08 08:34:45

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Main reason for not supporting bitcoin is that there is no good sovereign solution.
https://community.signalusers.org/t/bitcoin-as-a-native-payment-in-signal/48757

2024-12-08 05:02:29

Mainstream "experts" have considered bitcoin nonsense for 16 years. Suddenly everyone is rapidly spinning that it is actually a reasonable store of value. They will spend the next many years trying to prevent bitcoin from also being a currency. But bitcoin is people's money.
Deal with it, your slavers will eventually get over it too…

2024-12-08 05:00:51

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Nedávno jsem to řešil. Zkusil bych mobil promítnout na pc pomocí https://www.vysor.io/
Pokud by se ti nedařilo na displeji ani povolit přístup, tak bych objednal za pár stovek nový.

2024-11-28 05:38:25

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Hey climbers. Do you already use http://openclimbing.org/ ?

2024-11-26 06:17:57

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Už by to mělo jít rychleji:
https://blog.lopp.net/bitcoin-node-sync-with-utxo-snapshots/
Ale taky syncuji po staru 🙂