Replying to Avatar Michael of St. Joseph 🔏

Ohhhhhhhh. So I can lightning myself 100k to my Satoshi wallet, then I can mainchain it back to myself? That's freaking weird. I guess I'm still figuring out this lightning stuff. I'm not sure if this is an idiosyncrasy of Lightning or just how Wallet of Satoshi does verification for their domain service or something. Huh.
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Wallet of Satoshi 2mo ago

Hi Michael, yeah its just a (low) barrier to prevent someone from spinning up a thousand wallets and squatting all the good custom names.

It's a "proof of work" in a way.

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Michael of St. Joseph 🔏 2mo ago

Good idea! Thanks for the explanation. You have a great app that has helped me make sense of Lightning.