Nostr Web Client

30 days update..! The stable channel is stable for non stop stable. During this time, BTC price went from $62k to $71k to $66k. No change to the minted ecash token..! see it for yourself at https://umint.cash/por#por

Thanks to nostr:npub1m0st2r43ph6ftu9az8sm69n5357jx5qkcyj09jmaucr6vvy3w5yqueqp5h and nostr:npub1cd0l3s6qgj0s6690rtkys39mgj5upwxpm4856nhmce0pyqu6xj9qh7xlvx for making this possible..

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Discussion

pleblee 1y ago

Congrats! Will it survive the inevitable 60 or 80% swings?

tonklaus 1y ago

In the base case, the stability would only survive a 50% fall from the starting point price, unless the stability provider put in more bitcoin to keep it stable.

Crusty 👨‍💻 1y ago

Sorry for the stupid question, but what is a stable channel?

tonklaus 1y ago

Probably way more information than you want, but here is a blog post about it - https://delvingbitcoin.org/t/stable-channels-peer-to-peer-dollar-balances-on-lightning/875