Lightning is great (we are lightning-first since 2019) but it is not the perfect solution for every use case. And as of now it has a much higher mainchain footprint than necessary which is an issue whenever miner fees spike. That's what this note was about. For some more details give this a read: https://blog.boltz.exchange/p/launching-liquid-swaps-unfairly-cheap

GM. Study Liquid.

That's it, that's the note.

https://void.cat/d/By9XsuzTuVPLs5Ed7ckyr9.webp

Back. Happy swapping!

LND still takes a moment because ... db compaction.

And we are down.

We'll have a brief maintenance downtime tomorrow, Sun Dec 3 8:00am UTC. Should be less than an hour.

https://www.timeanddate.com/worldclock/fixedtime.html?msg=Boltz+Maintenance+Downtime&iso=20231203T08&p1=1440&ah=1

From us, correct.

And just like this Snort is so much more awesome! Had some issues in the past, but damn this works reaaally well now!

Kudos nostr:npub1v0lxxxxutpvrelsksy8cdhgfux9l6a42hsj2qzquu2zk7vc9qnkszrqj49 nostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac nostr:npub1g53mukxnjkcmr94fhryzkqutdz2ukq4ks0gvy5af25rgmwsl4ngq43drvk nostr:npub107jk7htfv243u0x5ynn43scq9wrxtaasmrwwa8lfu2ydwag6cx2quqncxg

Here to help 🫡

No, but it can swap your DCA purchase that you receive via lightning e.g. from Strike into Liquid.

It's complementary to lightning.

🫰 Reliably cheap LN channel rebalancing

❄️ DCAing from LN into cold storage

👨‍💻 Increase coin privacy from CEX purchases

100% agreed. Native inegrations for the win. Breez already does this with "Send to BTC address". Aqua, Green, Wallby, Sideswap coming up. Ask your favorite wallet to integrate Boltz, they might not be aware.

Last sentence is the most important one: it's what we have

Nothing else will come close to its production readiness anytime soon

nostr:nevent1qqszqaxkn5hw4fnr6lw9v94u87tvxzqac52z6m2ffrcj0msvyfej8lgpp4mhxue69uhkummn9ekx7mqzyr70wzj9e75p064gzwum4z3ht4cn6vtf7j3870w2c02fzyklvlfhuqcyqqqqqqg4fyu5u

This is the way.

nostr:nevent1qqsdl484l3ev2srxc4snadxt06wmuzrmqkmqhvy3su866wz86pyv2ycpz3mhxue69uhhyetvv9ujumn0wd68ytnzvupzq9h35qgq6n8ll0xyyv8gurjzjrx9sjwp4hry6ejnlks8cqcmzp6tqvzqqqqqqyek24u0

#Bitcoin community, help a fellow Bitcoiner to recover funds! Reposts & @'s highly appreciated🙏

Anyone with contacts to a tech-savvy person at Kraken please relay this! The issue is not easy to get across, user tried with Kraken customer service for two weeks to no avail.

What happened:

- user accidentally pasted Kraken's ln node pubkey as "destination" in a Boltz swap

- turns out node pubkeys are valid P2PKs (the thing before there were Bitcoin addresses), so the swap went through

- now the funds are sitting in a P2PK which Kraken should have keys for

Here the P2PK: https://mempool.space/address/02f1a8c87607f415c8f22c00593002775941dea48869ce23096af27b0cfdcc0b69

Which matches:

https://amboss.space/node/02f1a8c87607f415c8f22c00593002775941dea48869ce23096af27b0cfdcc0b69

Kraken should be able to return the funds using their lightning node's key to sign the transaction.

We know this is a big ask and some might not even consider the amount worth the effort but for us this is about principles: Returning funds to a fellow Bitcoiner, user of Kraken & Boltz 🙏

#Bitcoin never gets boring.

GM

https://void.cat/d/T355hJffSJiDvPT9Qbbwdd.webp

Except it's not true. ß is pronounced like a regular "s". Sitcoin.

This.

nostr:nevent1qqsq22hu665nn7cm3xttvxu7cysvc8dd953eztut90es2t6puetztpspz3mhxue69uhhyetvv9ujumn0wd68ytnzvupzpl8hpfzul2qha25p8wd63gm46ufax95lfgnl8h9v84y3zt0k05m7qvzqqqqqqy8968ag

We just increased max swap amounts to 0.25 BTC across all pairs, including mainchain. Looking at you, big swappers 🫡

We also reduced @Liquid_BTC min swap amount to 1k sats. Using cold storage for #Bitcoin micropayments is a reality 🤯

https://void.cat/d/XaQNfYYaBhwTa7kr3EYwbT.webp

Our October in review:

💻-several web app releases with improved UX & fixes

🤓-new backend release: https://snort.social/nevent1qqsv9afpe8l0kg37jztt2lj0quy67qva6h7nycg80ucx7awug0emvuqpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyqxrw867m9g8vcf5g05rx8ztvzpga4nmehh6595cldwwn4an9p0lkqcyqqqqqqg4g0zgj

⬆️-increased liquid swap limits: https://snort.social/nevent1qqsp6cv9lxmmf2y2xcn0rpszqnaftfws0ys7k7rq4t0phqgyccnqe8cpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyqxrw867m9g8vcf5g05rx8ztvzpga4nmehh6595cldwwn4an9p0lkqcyqqqqqqgfcjsvq

🤯-monthly total volume another ATH, up 55%

🌊-liquid volume grew on par: making up 60% of volume

Boltz LND channel partners: our LND node is down for the typical db maintenance. Be back in around 2h.

Boltz swap services continue functioning as usual.