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Don_wonton's profile
Decentralized Thought
Decentralized Thought
Decentralized Thought
@Don_wonton

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Decentralized Thought

@Don_wonton

Risk. Finance - It’s a way of life. http://www.youtube.com/c/DecentralizedThought …

Joined July 2016

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    Decentralized Thought‏ @Don_wonton Oct 10

    I gambled with the slot machines on Lightning. The problem is I quadrupled my money... Since it was a brand new channel I couldn't receive more than i put into the Casino. There was no way to withdraw my winnings. The house always wins I guess 🤷‍♂️ #thelightningnetwork

    10:44 PM - 10 Oct 2018
    • 32 Retweets
    • 216 Likes
    • aaron Mathieu Geukens Flawless Snugg KomodoWorld Josh Ellithorpe imaginary_username Collin Enstad Wecx-
    36 replies 32 retweets 216 likes
      1. New conversation
      2. $signorelli‏ @AlfonsinoSignor Oct 11
        Replying to @Don_wonton

        The same problem has been reported in this censored subreddit: “Just tripled my money on Lightning Spin, but cannot create withdraw transaction.” source:https://www.reddit.com/r/Bitcoin/comments/9cgjhx/just_tripled_my_money_on_lightning_spin_but/ …

        1 reply 0 retweets 10 likes
      3. Leonid Morozovskii  ⚡‏ @LeoMorozovskii Oct 11
        Replying to @AlfonsinoSignor @Don_wonton

        Why not create 3 separate withdraw transactions not more than the capacity of the channel?

        1 reply 0 retweets 0 likes
      4. Decentralized Thought‏ @Don_wonton Oct 11
        Replying to @LeoMorozovskii @AlfonsinoSignor

        The capacity can only be sent through once before the channel is full. You cant just break it down into smaller bits through the same channel. Think of it like an abacus.

        2 replies 0 retweets 1 like
      5. Leonid Morozovskii  ⚡‏ @LeoMorozovskii Oct 11
        Replying to @Don_wonton @AlfonsinoSignor

        Think againpic.twitter.com/WKbO8DElGv

        1 reply 0 retweets 1 like
      6. Decentralized Thought‏ @Don_wonton Oct 11
        Replying to @LeoMorozovskii @AlfonsinoSignor

        Wrong my dude. Think of it less less like water and more like an abacus. All the beads are already on my side. I cant accept any transactionspic.twitter.com/MNGBVjRVtc

        1 reply 0 retweets 3 likes
      7. Leonid Morozovskii  ⚡‏ @LeoMorozovskii Oct 11
        Replying to @Don_wonton @AlfonsinoSignor

        Just tell me why do you provide misleading information, or i hope just disinformed yourself.pic.twitter.com/dVZFoq15rX

        2 replies 0 retweets 0 likes
      8. Decentralized Thought‏ @Don_wonton Oct 11
        Replying to @LeoMorozovskii @AlfonsinoSignor

        What am I looking at here?

        1 reply 0 retweets 1 like
      9. Leonid Morozovskii  ⚡‏ @LeoMorozovskii Oct 11
        Replying to @Don_wonton @AlfonsinoSignor

        Outbound and inbound transactions. So the problem is in the spin machine design not in the underlying technology

        2 replies 0 retweets 0 likes
      10. 9 more replies
      1. New conversation
      2. Daniele Malavasi (฿)‏ @danbadjar Oct 11
        Replying to @Don_wonton

        If you use #LightningNetwork to pay scammy sites then the problem is in your head and not in @lightning

        2 replies 0 retweets 0 likes
      3. Decentralized Thought‏ @Don_wonton Oct 11
        Replying to @danbadjar @lightning

        That is not a scammy site. It's an inherent flaw in the Lightning Network.

        2 replies 0 retweets 8 likes
      4. Leonid Morozovskii  ⚡‏ @LeoMorozovskii Oct 11
        Replying to @Don_wonton @danbadjar @lightning

        Because you can withdraw 4 times your balance.

        2 replies 0 retweets 0 likes
      5. Decentralized Thought‏ @Don_wonton Oct 11
        Replying to @LeoMorozovskii @danbadjar @lightning

        Because once your channel if full on either side. You are out of luck right now

        0 replies 0 retweets 4 likes
      6. End of conversation
      1. New conversation
      2. Ludovic‏ @lugaxker Oct 11
        Replying to @Don_wonton

        Next video on Lightning issues?

        1 reply 0 retweets 1 like
      3. Decentralized Thought‏ @Don_wonton Oct 11
        Replying to @lugaxker

        I may make a video about this. This is a huge fundamental issue.

        2 replies 0 retweets 8 likes
      4. Ludovic‏ @lugaxker Oct 11
        Replying to @Don_wonton

        That would be great!

        0 replies 0 retweets 1 like
      5. End of conversation
      1. New conversation
      2. 1waterhole‏ @1waterhole Oct 11
        Replying to @Don_wonton

        Can you close out channel and getting a tx confirmation.

        1 reply 0 retweets 0 likes
      3. Decentralized Thought‏ @Don_wonton Oct 11
        Replying to @1waterhole

        I could, but I'd rather keep it open since it is still full.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. New conversation
      2. Yuri Z.‏ @vega113t Oct 11
        Replying to @Don_wonton

        I guess you receive, spend it and receive again.

        2 replies 0 retweets 0 likes
      3. Decentralized Thought‏ @Don_wonton Oct 11
        Replying to @vega113t

        I'd have to spend first. But the limit is then just what I've spent. It's kind of a strange problem.

        1 reply 0 retweets 2 likes
      4. Yuri Z.‏ @vega113t Oct 11
        Replying to @Don_wonton

        Yeah, we need tools for channel auto-balancing to make Lightning more useful. In this case the casino could instead send you the on-chain payment instead while at the same time opening channel with you. So, in the future you will have more capacity.

        0 replies 0 retweets 3 likes
      5. End of conversation

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