Hey folks, update on the Stable Channels project. The app works on Mac desktop, and thank you to the early beta testers who are testing it there. I am currently working on Windows and Ubuntu versions — shouldn’t be too long. I invite you to try it out; just let me know your OS. You would put in $100 to get stabilized (onboard via Lightning) and provide feedback. The performance is pretty good. I run the entire Lightning node in the desktop app. One double-click to start it up; pretty cool. The challenges I've faced are some annoying force channel closes and basically getting all the onboarding steps consistent across the three different OSes. Lightning is tough, but getting better. A general challenge of the design is the always-online part. I don’t shy away from this. Off-boarding the stability logic to a small segregated and secure server (for example, running on Intel SGX)—and giving users access via a UI—may be the appropriate form factor. That’s a lot of work, and easier said than done. Users may not care about cybersecurity, but I do. I am also wondering how to ensure proper counterparty behavior: a security bond might be easiest. On another note, the CLARITY Act would be a big win for an indie dev like myself, because it would give me even more confidence to build in the USA. GENIUS was a win too, even as we keep our eyes on the prize: obsoleting fiat with the better money of the future, bitcoin. When I look around, I see more and more bitcoin-backed products that have some sort of “volatility trading” component. Witness the alphabet soup of Strategy offerings. This is all super bullish for bitcoin, the best collateral on planet Earth. But can we do this in a self-custodial fashion on bitcoin rails? That’s what I want to figure out. Looking forward to having more to show, not tell, in the second half of 2025. Thanks. 🍻
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