Independent Bitcoin/Lightning Engineer and Consultant
⚡joost@lnreceive.com
Nov 22, 2021 • 8 tweets • 2 min read
It surprises me that multiple teams are currently implementing onion messages. What happened to the adversarial mindset? And does it really offer privacy by default? Some thoughts👇
Onion messages are unreliable by design. What do you do as a sender? Send, wait and if no timely response comes back, try another route? I expect senders to skip this and deliver the onion message directly to the recipient.
Sep 22, 2020 • 6 tweets • 3 min read
1/ Lightning is great, but can't say it is battle-tested. If script kids would be interested, they could take down those shiny new 5 BTC #wumbo channels with negligible cost and no effort at all. 2/ The underlying issue is that a channel cannot hold more than 483 htlcs at a time, regardless of the channel capacity. Sending 483 micro-payments to yourself and holding on to the htlcs is enough to incapacitate a channel for up to two weeks.
Mar 3, 2020 • 5 tweets • 2 min read
1/ Introducing tlvshop.com, a glance into the future of online shopping by @gugol, @dickerson_des and me. Lightning is far more than just another payment method. ⚡️
2/ This is not an ordinary webshop. 🛒 There is no browser, no shopping cart, no checkout page and no credit card required. 💳 It is a 100% pure Lightning shop, possibly one of the first of its kind.