Ok so the new nostr:npub1ajlrwgfj4yerhqf7ady03h7wmtk2qr3gs7h3sxcx83k05yld36sswpzx3q is pretty dope actually.

Still doesn’t accept withdrawal invoices from something like nostr:npub1v5ufyh4lkeslgxxcclg8f0hzazhaw7rsrhvfquxzm2fk64c72hps45n0v5 though. But I love the liquid and lightning combined balance as “spending account” and it’s far simpler to move between them than I had suspected.

nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n any chance you were planning on implementing compatibility with the withdrawal invoices from fountain or nostr:npub1earna05hx6ax38r33h3atmecjzdu547m8suw87w70aw6mlyga4hsqcja5j ? Would be awesome to see 🙏🏻

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What's the relationship between Blockstream and Aqua? I thought Aqua was under Jan3 unless you're asking about a protocol spec issue here.

Interesting though Jan3 was a subsidiary or partner or something because I had been certain Aqua was a Blockstream project, would’ve bet sats that it was on their website at one time even.

Maybe the project was handed over and they aren’t really involved anymore? 🤔

The tech behind aqua wallet was a blockstream project but they weren’t doing anything with it. Sampson Mow took it over and started his own company jan3.

https://www.coindesk.com/business/2022/04/07/ex-blockstream-exec-samson-mow-raises-21m-for-bitcoin-startup-jan3/

Ah! Thank you that makes me feel less crazy 😆

Also Aqua is pretty sweet. Bitkit is a good one too but with Bolt

Aqua can it be integrated with Nostr? Do you have a lightning address on Aqua?

no and it wouldn't be a good idea to use aqua to receive zaps cause the minimum receive amount is 1k sats. the min is 1k sats because you have to pay for a swap to LBTC for every receive and that amount is deducted from the sats you receive.

Ooohhh so Lightning actually swaps to liquid immediately? I see. I thought it was a channel ON liquid and that fee was only when moving liquidity, kinda like LSP model with Phoenix

Be aware that sometimes the swaps fail when making lightning payments with Aqua. And swapping to onchain in the app can possibly take a long time and be really expensive and it doesn't inform you of this when you confirm the swap. Muun is more expensive, but more reliable.

Cheaper to claim the LNURL withdraws with Zeus and you don't even need to manage liquidity if you use Zeus as an interface to your Alby account.

Damn, thanks for the heads up. I haven’t explored in depth, only did a few transactions and one swap to test it out. So far so good but I’ll keep an eye out for delays and fees as I bounce around.

I'd love to test out this idea of using Zeus with Alby if you have an alby invite code to spare. Tried the whole on-phone LND thing for awhile and it just wasn't for me.

I’ll send you an invite when I get back to my apartment in about 30 min 🤙

Thanks NotBiebs!

#Getalby

DM me your email

Been playing around with it as well; I like it but the atomic swaps end up being a bit expensive.

It worked for me. In fountain I created a lightning invoice for 1000 SATs, and copied to clipboard. I'm aqua, hit send from Layer-2-Bitcoin, pasted the invoice,and it sent immediately. Did you mean something else?

I've been reading that swapping between Bitcoin and Liquid is a taxable event. Why is Liquid not a shitcoin, again?

Why would it be a taxable event? They are denominated in the exact same thing.

Given that WBTC-BTC is taxable, I don't see a difference in WBTC from Liquid, but I'm open to learning if so.

"Because you're exchanging one token for another - wrapping Bitcoin is a taxable event in all countries that view swapping crypto as a taxable event. This means you'll pay Capital Gains Tax on any profit. From a tax perspective - WBTC is treated exactly the same as Bitcoin."

https://koinly.io/guides/bitcoin-taxes/

That still seems ridiculous and the last sentence there seems to be at odds in my thinking to the rest of it. That would be like charging me capital gains if I turn in my physical papers stocks to get the digital stock certificates on the NYSE in place of them. Same denomination, just a different form, in the case of NYSE a custodial version of the same asset.

Or another example would be if I exchanged dollars for a gift card of the same amount. That this would be reportable. It just seems absurd. If I’m not exchanging for a different asset entirely, but just the same one at a different location or under a different degree of control, then how is going from single sig to multi-sig, from on chain to Lightning, or from sovereign to custodial not the same thing? I mean how do they possibly explain the difference between me swapping to LBTC versus having BTC paper in an account on Cash App?

God the government is fucking retarded.

Agreed. Retarded.

single sig, multi sig, lightning are all on the bitcoin network. liquid is not.