SanAlessandri / Santiago Alessandri is on Nostr

Software Engineer, Crypto and Finance enthusiast.
Contrarian by nature, libertarian at heart but realist.

"Do not feel envious of the happiness of those who live in a fool’s paradise, for only a fool will think that it is happiness." - Bertrand Russel

Last Notes

2025-04-01 20:49:35

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Thanks for pointing out the standardization towards using ecash. Updated the article with this.

2025-04-01 20:49:35

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Thanks for pointing out the standardization towards using ecash. Updated the article with this.

2025-03-31 17:30:13

Cashu eCash is bringing back true digital cash—private, bearer-based with instant transactions and built on Bitcoin & Lightning.
I’m really excited about what has been achieved so far and this whole exploration in general. In my latest post, I dive into what could happen if this system scales: competing mints, exchange rates, and even a Bitcoin-native credit market. No bailouts, just market forces at play.
Some of my takes might be controversial in the Bitcoin community, but these are conversations worth having.
Read it here: https://rambling-ideas.salessandri.name/cashu-ecash-a-market-driven-evolution-of-digital-money/
#Bitcoin #Cashu #eCash #Lightning #Nostr

2025-03-29 06:09:18

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This is the same entity that had it against #CustodiaBank during the previous administration because it wanted to deal with digital assets

2025-03-29 02:42:24

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To be fair, it doesn’t make much sense to run a single user mint just sending zaps is simpler as everything will boil down to that in this case.
The use case I see for eCash is to delegate the lightning node management (or whatever backing funds) - and the trust associated with it - while still maintaining privacy.

2025-03-23 04:02:28

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This is freaking awesome. The UX/UI improvements of this are massive. Question regarding offline payments, I don't see a way of guaranteeing no double spend.
Are you taking the approach that trust between customer/provider is required in this scenario? IMO, that's a total valid point. The service provider would swap the tokens as soon as it can to guarantee full ownership, right?

2025-03-23 04:02:28

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2025-02-25 07:49:21

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This is better. The state should stay away from getting involved in this.

2025-02-24 05:39:52

Automating LND Static Channel Backup (SCB) to S3 with Python
https://rambling-ideas.salessandri.name/automating-lnd-static-channel-backup-scb-to-s3-with-python/
originally posted at https://stacker.news/items/895419

2025-02-13 07:46:21

Hey all #LND #LightningNode maintainers, I created a #python script to backup the `channels.backup` file to an S3 bucket each time it changes. Feel free to use it: https://gist.github.com/salessandri/8253c36c7bce4481aa7a5cf41be02092

2025-02-08 08:03:44

Got my #LightningNode setup going. Tech stack right now is: Bitcoin Core, #LND, docker, and #LightningTerminal. Established my first 3 channels and started participating in the @nprofile…hwd6 platform. Want to try a different GUIs, @nprofile…ahy8 seems to be the defacto one. Are there any other ones?

2025-02-07 07:39:14

Probably shouting to the void. But is anyone having issues connecting the Web Lightning Terminal to the node today? Things were working fine for me until yesterday #LightningNode #LND #LightningNodeOperator

2025-02-07 00:17:24

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Let's be controversial. That is a step in the wrong direction. Why? BTC should be treated as a currency. You don't have to track each disposition and acquisition for tax purposes.

2025-01-31 21:00:17

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Even though I'm a Bitcoin enthusiast, I'm not a fan of converting a company into a Bitcoin leveraged bet.

2025-01-31 05:52:37

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With great power comes great responsibility!

2025-01-30 16:33:08

Gonna be getting my hands dirty by running a #LightningNode. Let's see how goes 🚀 🚀 🚀

2025-01-30 06:40:03

Finally, I was able to write down my thoughts on #Ark (npub1hf5sgehj874r3y2hps9r36qap20cffauc7t895var2ajlsg32mcqa7dp8n), a Layer 2 protocol aiming to tackle #Bitcoin’s scalability and privacy challenges. 🚀
🔗 Check out my full analysis: https://rambling-ideas.salessandri.name/analyzing-ark-a-layer-2-solution-for-bitcoin/
Ark moves most transactions off-chain, reducing fees, boosting privacy, and easing network congestion. While server coordination is required, users retain full control of their funds.
It’s a clever and efficient approach built entirely within Bitcoin’s ecosystem.
That said, Ark is not without challenges. Its reliance on servers introduces risks, from operational trust to DoS attacks. Server operators must also grapple with high liquidity demands and potential regulatory scrutiny, which could complicate widespread adoption.
It takes an interesting approach to Bitcoin’s scalability and privacy limitations. The protocol is evolving quickly, and I’m curious to see how it develops over the next six months to a year. Will it overcome its challenges and gain traction?
This has sparked my interest in exploring the broader landscape of Bitcoin Layer 2 solutions. I plan to dive deeper into them and share my thoughts in the future
What do you think about Ark?

2025-01-30 06:31:04

Giving #nostr a try. Let's see how this goes 🚀 🚀 🚀