Nostr Web Client

This is great! Two things stand out to me:

1) The payer has to commit the whole balance up front, so from the user perspective this is like overpaying with a better refund guarantee.

2) Are the claim conditions exclusive? If the recipient doesn't claim a token before the timeout and the sender loses their privkey, is that token now lost?

Egge 1y ago

1) Yea, liquidity is an issue. This approach lets the user choose between liquidity and ease of user. Timeframes can be adjusted to balance things out.

2) As long as the timelock has not yet expired, the funds can only be swept by the payer. As soon as it does, both parties can claim them (no exclusivity). Funds become unrecoverable if both parties loose their keys

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Discussion

vnprc 1y ago

Nice! That is much better for the sender.