Nostr Web Client

deleted 2y ago

Custodied lightning sats will be the next big rugging. Not because of rehypothecation and bad actors in the space, but rather shotgun KYC. Start figuring it out.

nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 for receiving zaps

nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg for sending zaps

There are more involved setups and i dont consider this the end all solution, but if ur currently just on custodial lightning... this is the next step that i urge you to get comftorable with.

#bitcoin #lightning

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Discussion

The Bird 2y ago

Are both of those better options than sparrow

CitizenPleb 2y ago

Different animal. Sparrow is on chain.

The Bird 2y ago

I thought it had lightning options as well? I haven't used it yet, and I've been looking into Mutiny for use. I'm trying to learn about these as I have time and I feel like I'm always chasing the clock with this

CitizenPleb 2y ago

Trust me I know, there’s never enough time in the day, but it’s a marathon not a sprint.

deleted 2y ago

1000% right there with you. I happen to have time rn but in a month when i dont ill be completely lost again 🥴

CitizenPleb 2y ago

I think I’m gonna run into an issue with the LNUL workaround because I don’t want to go through Olympus as my LSP, I want to use my own node…🤔

deleted 2y ago

You run LND ? Youve got options that ive writtem abt friend 😎 but also if you are running lnd and interface it with Zeus...you dont need to use the LSP you can use zap locker directly wth your node thats what i do

Other options ( youll need to view with tor browser or tor orbot to see the images ):

nostr:naddr1qqrrywfjxy6nvq3qzf9j8uhkw42q92nczjcctnx3qehm7ru79dl9vd5rc7pakqj9t9rsxpqqqp65ws33x97

nostr:naddr1qqrrywphxv6rgq3qzf9j8uhkw42q92nczjcctnx3qehm7ru79dl9vd5rc7pakqj9t9rsxpqqqp65wtgfl5q

CitizenPleb 2y ago

Right on!

CitizenPleb 2y ago

Ok, so how do I get an LNURL with Zeus? Ready to go, just didn’t think that was possible. Or is this a wait until Bolt12 thing.

deleted 2y ago

The workaround they deployed is you can get their zaplocker when you run their mobile LSP wallet.

This is as good a place as any to start https://docs.zeusln.app/

Odell did a recent Citadel Dispatch with head of Zeus that was very good too to learn about it.

deleted 2y ago

If you are on ios, get zeus wallet from test flight...0.8.0 beta

If android, get it here - https://github.com/ZeusLN/zeus

CitizenPleb 2y ago

Right on, yeah I have Zeus connected to my LN node, so looks like I have some reading to do! 🙏

buffalo 2y ago

Why not receive with mutiny?

deleted 2y ago

They do not have LNURL or lightning address support, unless you know something i dont.

xiangcai 2y ago

chance of nostr:npub1hcwcj72tlyk7thtyc8nq763vwrq5p2avnyeyrrlwxrzuvdl7j3usj4h9rq turning into non custodial way?

don't get me wrong I love how WoS boards newbies onto LN but if shotgun KYC is inevitable, we just involve don't we.

deleted 2y ago

I think the only way WoS would be incentivized to follow the path of say zeus would be for us to vote with our lightning wallets and use the model we want them to be.

TheZenLlama 2y ago

That is how markets work!

Majere 2y ago

so where do we stand on Phoenix?

The Daniel ⚡️ 2y ago

Phoenix is self-custodial as long as you don’t expect the ACINQ node to rug your channel.

Majere 2y ago

Isn't that what everyone who isn't running their own lightning node doing already?

The Daniel ⚡️ 2y ago

Phoenix, Blixt, Zeus, Mutiny, Breez. There are a bunch of options.

El Presidento Ben 2y ago

Phoenix Wallet cannot remove the funds because they do not have the private keys.

Or what technology are you referring to here? How is the rug supposed to work here?

The Daniel ⚡️ 2y ago

I meant more like simply shutting down the node and forcing the user to have to recover on-chain and lose sats in fees.

El Presidento Ben 2y ago

But this can also happen to me as a node operator with my channels due to force closes.

Of course, you have redundancy because you still have several channels, but the problem with the force closures still needs to be fixed so that the argument is given more weight.

Majere 2y ago

I think Phoenix is a natural progression towards holders becoming noderunners and channel managers.

We can't expect the newly converted to suddenly start spinning up lightning nodes. Self-custody reinforced 1st and as they learn more then eventually they will open channels once they have a stack large enough to justify it.

El Presidento Ben 2y ago

Yes, in my opinion beta software should only be distributed and further stabilized among developers and not be treated like production-ready software.

As long as the software is not out of the beta phase, it does not exist for the normal user who does not want to deal with bug fixing and crashes.

As soon as someone is interested in Bitcoin, you have to invest a lot of time in explaining the first layer.

I do it the way I would want someone else to do it if I were the one who was a beginner.

SMS 2y ago

🤫

deleted 2y ago

Does phoenix have one tap zaps or nwc support ?

Majere 2y ago

So I couldn't zap from amethyst with Phoenix but there should be a 11 sat payment to your getalby wallet