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Bitcoin products we need
6488 sats \ 31 comments \ @davidw 12 Apr 2023 bitcoin
With the Bitcoin Product & Design Summit happening today and more collaboration & sharing taking place each day, I figured I’d ask you fellow stackers…
Which products do you feel we are lacking most?
——-
Which are the biggest customer problems that remain unsolved?
  1. Bitcoin (base layer)
  2. Lightning
  3. Nostr
Answer all 3, if you can. Winner takes all 5k
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457 sats \ 0 replies \ @Majjin 12 Apr 2023
  1. SIGHASH_ANYPREVOUT
  2. Privacy improvements like Trampoline routing
  3. I don't know enough about NOSTR to have an opinion yet
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5746 sats \ 1 reply \ @LouisLoyaX 12 Apr 2023
  1. Stealth addresses. Silent payments is working on this. Essential to have static addresses that can’t be censored like in the truckers protest.
  2. Wallet API. We have plenty of custodial clients but not a single api-fied one. We need the Stripe for Lightning where devs don’t have to manage liquidity/channels. Lightspark is working on this but it is super expensive.
  3. Nostr Reddit. For the love of god somebody please buy the “no.st” domain so we can have forum discussions ala Reddit style http://no.st/r/
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21 sats \ 0 replies \ @davidw OP 14 Apr 2023
Winner winner ostrich dinner
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524 sats \ 0 replies \ @DarthCoin 12 Apr 2023
  1. OP_vault
  2. Eltoo
  3. nostr-market (is about to be launched)
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423 sats \ 4 replies \ @021da48107 12 Apr 2023
  1. Better guides on how to live a bitcoin life.
  2. Ebay like clone that uses the lightning network to pay for things.
  3. Nostr needs critical mass to be a good social network.
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32 sats \ 0 replies \ @tobster67 12 Apr 2023 freebie
  1. Bitcoin.Review podcast with NVK (Coinkite)
  2. https://satscrap.com/ + LN-integration⚡️
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21 sats \ 1 reply \ @kepford 12 Apr 2023
Nostr is not ready for mass adoption. To me it is already a good social network if you are a bitcoiner but it could be much more. Also, Nostr is far more than a social network.
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36 sats \ 0 replies \ @davidw OP 12 Apr 2023
This is only because clients are not properly caching data. Many clients are better than others. On iOS, Plebstr is much more smooth than Damus for example and a better overall experience. Breakthroughs will come
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0 sats \ 0 replies \ @deleted231216 14 Apr 2023
deleted by author
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340 sats \ 1 reply \ @davidw OP 12 Apr 2023
If I was to chime in:
  1. More collaborative transactions in all apps that touch base layer - opt-out privacy
  2. More social features on top of Lightning - joint savings or competitive bounty wallets (think fantasy sports or fitness leaderboards). Also hobbyist liquidity bootstrap solutions.
  3. Private long-form unlockable content (for when substack inevitably overreaches)
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0 sats \ 0 replies \ @tobster67 12 Apr 2023 freebie
Fantastic suggestions
240 sats \ 0 replies \ @kepford 12 Apr 2023
  1. Bitcoin (base layer): Privacy is still an after thought in most bitcoin wallets. Making UTXO management possible and easier to understand is a big hurdle it seems.
  2. Lightning: Failing faster. Failed routes are still a problem from time to time and that friction is something that will turn off new users
  3. Nostr: Client performance. All the apps are slow and use a LOT of network bandwidth. A lot of room for performance improvements and believe me when the masses come they will complain about this.
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25 sats \ 0 replies \ @beorange 12 Apr 2023
I would say:

1. Bitcoin

  • Fungibility, which is, a property of money that Bitcoin does not have.

2. Lightning

  1. An easy and standard way of integrating lightning payments everywhere (games, stores, websites, social media, ...)
  2. Non-custodial wallets were you don't need to worry with channel capacity
Point number 3 is rapidly evolving so it is still too early to know where it is going and what it lacks.
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105 sats \ 0 replies \ @m00ninite 13 Apr 2023
IMO, if we want the average, non-technical user to run their own node AND CONNECT TO IT WITH THEIR WALLET, we need the following things:
1: bitcoind needs to announce itself on the network, mDNS-style 2: Major wallets need to detect local bitcoin nodes (think of the type of flow where people are setting up WiFi on their phone for the first time) 3: Routers need to have a pruned bitcoin node built-in. The same way your router runs a DHCP server, it should just come with bitcoind, or at least have a toggle switch the same way certain routers have DDNS and VPN toggles built-in.
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1 sat \ 2 replies \ @Zepasta 12 Apr 2023
Nostr is unusable for me, too slow and glitchy.
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1 sat \ 1 reply \ @davidw OP 12 Apr 2023
Which clients have you been using?
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0 sats \ 0 replies \ @Zepasta 15 Apr 2023
The main ones, i even have one of them self-hosted on my Umbrel
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1 sat \ 0 replies \ @franzap 12 Apr 2023
  1. Privacy
  2. Privacy
  3. Performance
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0 sats \ 0 replies \ @JOSEPHBASKE 21 Nov
at the 2024 North American Blockchain Summit held in Dallas, Texas, Avik Roy, the chairman of a non-profit think tank, said on stage: "When Wyoming Senator Cynthia Lummis talked about how aBitcoin strategic reserve plan could help us eliminate federal debt, it was an over-hype of what Bitcoin can do. If the US were to purchase a "huge amount" of Bitcoin and make it appreciate, it could be helpful, but it would not solve the problem of the almost exponentially growing $35.46 trillion debt problem since the 1980s."
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0 sats \ 0 replies \ @B_rian 24 Oct
  1. transaction time/throughput
  2. cost of sovereign operation - "force closes"
  3. nostr key delegation
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0 sats \ 0 replies \ @davidw OP 13 Apr 2023
Good to see the responses still rolling in. Will select a winner in about 12 hours time
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0 sats \ 1 reply \ @LNRocks 13 Apr 2023
  1. Prove itself is the better way of storing value for more people.
  2. Information(messages，vpn, etc) routing on top of Lightning. And more merchant support for Lightning payments.
  3. The ability to penitrate network blockade is very important for Nostr.
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0 sats \ 0 replies \ @POTUS 13 Apr 2023
wait.... wut?
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0 sats \ 0 replies \ @gbks 13 Apr 2023
Wallets that are 100% accessible (I know, boring, but this is something I am trying to push for right now because it can really enable bitcoin for many people that are locked out right now).
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0 sats \ 0 replies \ @brxyz 13 Apr 2023
  1. Better seed phrase management
  2. Something that let's me use my email address as my LN address. Darth posted a write up on this, and I bookmarked it, but honestly, I'd jump at something with a tenth of the steps.
  3. Early days still and I know people are working on quite a bit, so I'll wait for now.
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0 sats \ 0 replies \ @hynek 13 Apr 2023
  1. CISA, pay via coinjoin tools
  2. Option to combine automatically some custodial solutions and being safe agains their potential attack. → Have a safe option to open a LN wallet without costs
  3. Account migration
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0 sats \ 0 replies \ @ok 13 Apr 2023
  1. At this point, Bitcoin development should exclusively be focused on supporting L2s, with generalized and theoretically sound extensions, only as needed and as ready. This in turn supports all customers.
  2. More L3s.
  3. Clients I've used seem functionally broken. Of the clients I haven't used, many aren't supported on any of my devices. (Assuming here that my personal problem is the biggest problem.)
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0 sats \ 0 replies \ @sandbeach123 13 Apr 2023
  1. Bitcoin:
  • On ramps. More bitcoin vending on the streets are needed.
  1. Lightning:
  • On ramps as well on the streets.
  • More guides and solutions for family custodial wallets like LNBank on BTCPay or Lndconnect on Lnbits. That way family and friends can have an easy to setup lightning wallet but without losing custody (trusting in my node of course). Today that wallet can be Blue or Zeus but they are fairly complex. With a simple one purpose plug and play wallet for that use case, that will help proper lightning adoption (instead of just using WOS or Muun).
  1. Nostr:
  • Better relays
  • Better Privacy for DMs (everyone can check who I have been sending DMs)
  • Not so much complexity on NIPs. When people talk about NIPx feature, they assume you know that NIP, meaning you checked the repo. That might not be the case for many. For Nostr to advance, features should get to the people in an easier to understand message.
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0 sats \ 0 replies \ @samuelorji47 12 Apr 2023 freebie
Odell had a few thoughts about Nostr:
So that they feel safe discussing the difficult subjects, "to be clear: we allow all of our guests to select if they want their panels released for dissemination."
"To listen, search Bitcoin Park in your preferred podcast app; content is typically available a week after our events." A characteristic of money that bitcoin does not possess is fungibility. Lightning 2. a simple and universal method for incorporating lightning payments everywhere (games, stores, websites, social media, ...) Non-custodial wallets, where channel bandwidth is not a concern It is still too early to predict where point number 3 will go and what it will lack because it is changing so quickly.
0 sats \ 0 replies \ @shibe 12 Apr 2023
deleted by author
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0 sats \ 0 replies \ @LouisLoyaX 12 Apr 2023
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