Avatar
Justin
141d2053cb29535ad45aa9e865cdec492524f0ec0066496b98b7099daab5d658
#Bitcoin Github: https://github.com/m1sterc001guy

Onward an upward

My first podcast! I went on Build-a-Mine to discuss all things Fedimint. Check it out

https://t.co/MOzHhDVX3g

Fedimint needs more wallets! No excuses anymore, the web SDK is here and is stupid simple to use.

https://web.fedimint.org/

Going to BitDevs instead of watching the Presidential debate was a fantastic decision

Yesterday at the Minneapolis Bitcoin meetup, we launched The Minneapolis Fed, which is a Fedimint for our community. I think this is one of the first mainnet community-lead federations and I'm excited to see more federations pop up over the coming year.

We on-boarded attendees using Fedi and nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg and even had a contest to see who could redeem a 100000 sat ecash note the fastest (shout out to Collin for winning).

Fedimint is still pretty early software so it was made clear that this is still somewhat #Reckless and to use with low value but given that v0.2.1 is the first stable release, we were eager to test it out with some real funds.

It was pretty cool to see federated ecash in action. I know we had an IRL ecash transaction for Real Bedford merch and some attendees reimbursed others for Keeper's Heart Old Fashions. Unfairly cheap too, our federation has no fees!

Given that this Fedimint is for the Minneapolis community, we will be keeping it small and mainly share invite codes during in-person gatherings. So if you want to try it out, be sure to attend a Minneapolis Bitcoin meetup or Minneapolis BitDevs https://bitdevsmpls.org

We are working on a guide that other communities can follow to setup their own federation. And over time this will get easier as we build tools to automate the deployment process.

Very fun meetup last night, thanks to everyone who attended and tried out Fedimint!

#m=image%2Fjpeg&dim=886x1920&blurhash=%5B65%3DR%25x%2CjbV%7CrWVxt7bWxaV%5BWBfPt-XMe-jKQknqa_X2pIkUWAe%3FkrWmWVj%5DQ%2CnUbcbWyZX0a%23jK&x=d7d32373ea1674d26a497988c154b499343773106d11c392238513a00e180888

#m=image%2Fjpeg&dim=886x1920&blurhash=%5ByRfIHWVkCj%5Brqj%5BkCfQNbofj%40ay%3Fwf6aefQT0WBaej%5B%25Mj%40f6fQIAofj%5Bays9a%7Cj%5DfQITayfkj%5B&x=9072939eb66dcc527d36c0d134417fb7fae1f989fd4b5b8506a6f386f77b0c6a

Mutiny + Fedimint is slick

Pretty big change to Fedimint got merged last week. We switched the consensus algorithm from HBBFT to AlephBFT. This change should improve the latency of Fedimint transactions and also eliminates a lot of redundant code. Shout out to joshican for getting it merged!

https://github.com/fedimint/fedimint/pull/3313

I use Magic Earth, which is decent and works offline. Its not great at finding locations when you don't have the address though, that's bit me a few times

Wife ā€œWhat do you want to do for your birthday?ā€

Me ā€œsetup a Fedimint with my bitcoin friendsā€

Wife ā€œuuuuhhhhh… ok!ā€ šŸ™ƒ

And so I did. And it works.

Pegged in fake nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg net money for ecash. Sent ecash over discord text. Got an LND node for the gateway. Sent ecash to Mutiny wallet 🪪 bee lightning. Sent lightning into the Fedimint to become ecash. Pegged out of the onChain RTL wallet.

Was awesome.

Happy everything worked! What can be improved?