Realistic ivory tower with thunderstom

Latest Strikes 2 - Sept 18th 2022

Howdy! Welcome to this second edition of Lightning Strikes, your weekly recap of new shiny things in the world of Lightning. LFG! Ecosystem LN Markets Release LN Markets published a new release, which includes the lifting of trading limits from 2 million sats to 10 million (eg 0.1 BTC), Lightning Node Connect support (where you can interact with your LND node directly from the browser), new multilanguage support (starting with Spanish and French), as well as free internal transfers between LN Markets users and the (here comes the controversy) adoption of the Sat Symbol (aka kebab-symbol)....

September 18, 2022 · 754655 · 6 min · Fanis Michalakis
A space pirate surfing on an antigravity board in the middle of a storm with lightning bolts

Latest Strikes - Sept 11th 2022

Hello there, and welcome to this first edition of Latest Strikes, a brief weekly recap of what’s new in the Lightning world. Buckle up! Wallets & Tools Alby Alby announced their new release (v1.15.O). If you’re interested in the details of the release, you can read their Twitter thread or the release notes. In a few worlds: Alby now works in the Tor Browser, and will be even better than before at catching Lightning links such as LNURL or invoices....

September 11, 2022 · 753681 · 5 min · Fanis Michalakis
The Painting The Races at Longchamp by Edouard Manet, dated 1866

Full-RBF in Bitcoin Core?

The ability for users to alter their transactions while they are still waiting for confirmation has considerably better the UX of using Bitcoin, as it allows users to unstuck transactions that would otherwise have taken weeks to process because of too small fees, or even to “cancel” a transaction they made by mistake. Today’s mechanism for doing so, called Opt-in RBF, relies on the user’s transaction signaling that it can be replaced....

July 12, 2022 · 744726 · 12 min · Fanis Michalakis
Nuns at work painting by a follower of Alessandro Magnasco

No, Proof of Work Is Not Some "Costly Mistake"

The desire to write this article came to me from the recent publication of two papers1 by Pr. Jean-Paul Delahaye, professor emeritus at the University of Lille 1 and researcher at the Centre de recherche en informatique, signal et automatique of Lille (CNRS/Centrale Lille Institut/University of Lille). However, I hesitated for a long time before deciding to do it. Indeed, I had the impression that counter-arguments to those of Pr. Delahaye already existed in profusion, freely accessible for those who would take the trouble to look for them....

March 30, 2022 · 729667 · 22 min · Fanis Michalakis
The Titans Gobelet painting by Thomas Cole

The Empire of Tyranny

Ô Tyranny! Abhorred your not so distant shores Always expanding like the flower of blood That expands through the injury of a Fallen Gaining land on our salted sea of Freedom Dried up by the forever lasting star of Evil. And as the water dries, only remains the salt - eternal ore for our extinguished dreams. Yet a proverb spreads There would be a water that never dries An acidic water, unpleasant and hard to drink...

March 1, 2022 · 725497 · 1 min · Fanis Michalakis