Trustless auctions on #Bitcoin are here! ⚑️

Satoshi’s Auction House lets you sell goods and get paid without ever taking custody of user funds.

To celebrate, we’re auctioning a 1-year Alby Hub Cloud subscription incl. a Lightning channel.

Bid now and get a Xmas present! πŸŽπŸ‘‡

https://satoshisauction.house/listings/033973b6-b06e-4090-811d-5d28ca62113d

----------------

Satoshi’s Auction House uses HOLD invoices to enable conditional payment logic and trust-minimized escrow all built directly on Bitcoin.

Learn how it works. πŸ‘‡

https://getalby.com/blog/build-conditional-payment-logic-into-your-app

----------------

The app removes trust in the buyer and uses #Nostr for accounts, adding transparency for the seller.

And instead of seeing the HOLD-invoice timeout as a limitation, it embraces the fun: fast bidding β€” just like a real-world auction.

Perfect for livestreams, conferences, meetups and more.

----------------

The winner will be announced at the end of our Community Call, 3–4 PM CET.

Join and listen in:

https://cal.com/getalby/communitycall

Reply to this note

Please Login to reply.

Discussion

What is this, eBay for Sats?!? Seriously, am I understanding this correctly? Because that is very intriguing.

Yes, give it a try and let us know what you think!

What is the valid time of ending auctions? Some UTC+/-xyz hours or the magic Timechain aka Blocktime?

Please switch to Timechain and add a block count down as well πŸ™

Btw, congrats

nostr:nprofile1qqsfvst7m8feycms4zr5xr70jz6xlwcfa2jgj8hvn0wg06gzv6cz54gprfmhxue69uhhqatjv9mxjerp9ehx7um5wghxcctwvshsz9thwden5te0wfjkccte9eh8xetr9eshqup0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcu5fnp6

πŸŽ‰

Thanks πŸ₯°

And here are more of my 2 Satoshies:

UTC or Timechain? πŸ€” Why not leave the decision up to the seller, i.e., make it optional when listing new items and starting a new auction? πŸ™