The below is an off-site archive of all tweets posted by @lopp ever

September 15th, 2015

@cypherdoc2 If @21dotco succeeds, we may socialize mining to the point that for-profit miners become extinct ;-)

via Twitter for Android in reply to cypherdoc2

@lightcoin @BitseedOrg I rarely hear about it; is it hard to set up? I assume not much revenue? twitter.com/lopp/status/64…

via Twitter Web Client in reply to lightcoin

@emcluj True, though joinmarket decreases network tx throughput while LN will increase it. Seems like LN could be a superior mixer as well.

via Twitter Web Client in reply to emcluj

@elizabeth_joh @ryanxcharles @csoghoian I’ll put a bitcoin bounty out for a copblock patch.

via Twitter Web Client in reply to elizabeth_joh

@riprowan @bergalex @docbtc It’s hard to make complex software easy to administer; I doubt it will be easy unless rolled into BTC node.

via Twitter Web Client in reply to riprowan

@riprowan @bergalex @docbtc 1. Read about Bitcoin to understand value proposition of running a node. 2. Become a sysadmin.

via Twitter Web Client in reply to riprowan

@riprowan @bergalex @docbtc It’s trivial to run a full node… if you’re a nerd who has already scaled the Bitcoin learning curve.

via Twitter Web Client in reply to riprowan

motherboard “Ledger” is the first Bitcoin-only academic journal, and you can get it for free:
bit.ly/1iMcLfk pic.twitter.com/UqhROChNTS

via TweetDeck (retweeted on 11:01 AM, Sep 15th, 2015 via Twitter Web Client)

@NTmoney It’s really hard to sell security as a feature until after it’s too late.

via Twitter Web Client in reply to NTmoney

OB1Company Our own @drwasho has written about scaling and why transaction capacity matters: medium.com/@OB1Company/sc…

via Twitter Web Client (retweeted on 10:54 AM, Sep 15th, 2015 via Twitter Web Client)

@riprowan @docbtc Sounds like you have reservations about the fungibility of LN UTXOs; I guess you could call them pseudo-UTXOs.

via Twitter Web Client in reply to riprowan

@riprowan It’s not just a promise, it’s a contract with well defined terms, and you can close the contract to settle on-blockchain…

via Twitter Web Client in reply to riprowan

LaurentMT @lopp …and it may also allow monetization of full nodes (micropayment of services provided by the full node)

via Twitter for iPhone (retweeted on 9:53 AM, Sep 15th, 2015 via Twitter Web Client)

@LaurentMT Indeed, this is the first concept that I think has a decent chance of us further decentralizing the node network.

via Twitter Web Client in reply to LaurentMT

@riprowan My limited understanding is that a LN transaction can be posted to the Bitcoin blockchain at any time, closing the channel.

via Twitter Web Client in reply to riprowan

@mikeinspace I believe the idea is that if LN is popular, you won’t need to settle. Just keep your funds on LN and use them to pay others.

via Twitter Web Client in reply to mikeinspace

If Lightning Networks become popular, running a LN node will be the first truly safe way to “invest” bitcoins and achieve positive ROI.

via Twitter Web Client