Yes, it would be something for custodial wallet providers. WoS, Zebedee, BBW etc.
Agreed, makes little sense for personal use
I thought that would be the natural audience for your proposal. As "managing a bridge" is something very few normal ppl will do - or are good at.
Yes, but anyone can run a Coinos instance - it's open source. It's basically a Docker container with LN node (CLN) Bitcoin core and Liquid elements packaged in it.
But yeah, it's not 100% what you were looking for, but came close conceptually - a three-way bridge where you can pay any of the three chains with funds from another.
It required a manual internal swap step in between, but I guess this could have been automated/abstracted away. I.e pay a LN invoice directly from your Liquid balance.
You'd likely have to rebalance the three stacks (BTC, LN, L-BTC) occasionally, but a skilled operatir should be able to do so cost effectively - given that you can swap BTT <-> L-BTC for a mere 0.1% on Side_Swap and L-BTC <-> LN for theoretically 0% via Peerswap, or Robosats
Actually, what you are describing here is what Coinos was (and Coinos Classic still is), or at least comes very close. Basically a three-way bridge between BTC, L-BTC, and Lightning where you can send one in, and take any of the other two out.
Not sure you even need HC for that. As a wallet operator you just maintain three nodes, each with their own balance.
You could scan a LN invoice, and "pay" with your Liquid balance - the booking is done behind the scenes by the wallet (debit Liquid, credit Lightning, dedit Lightning for final payment of the invoice). You can apply a small fee (the bridging fee in your example) on top, accounting for the fact that more people want Lightning than Liquid.
I think pretty much all of that is in the Coinos codebase already
You mean like ..a Statecoin?! (terrible name, I know).
0.5%
I meant to actually nostr:npub1m2mvvpjugwdehtaskrcl7ksvdqnnhnjur9v6g9v266nss504q7mqvlr8p9
Didn't seem to have worked. The ways of the Nostrich are full of mysteries
Hah, @juraj thinking about the same lines!
I'm wondering if we ever get to see L-BTC backed Lightning channels. Would probably have to come (first) from the federation members who self-sovereigly Swap-In and Swap-Out, and thus treat L-BTC and BTC (almost) as identical.
i.e. when they receive a routing request from incoming L-BTC channel they could forward the outgoing via one of their regular (BTC backed) channels
Are there any good guides out there on How to train #LLM #AI models on your own multi-GPU hardware?
Asking for a friend who has an old DIY GPU shitcoin mining rig in their basement.
Bank failures and Production updates *always* happen on weekends 😞
This seems to be coming along nicely 👍
https://geyser.fund/project/usvsterlingov
Just had a long conversation with the lawyers working on this case.
tl;dr: the US govt is using shoddy Chainalysis data to accuse some dude of running the bitcoinfog mixer. It's a bullshit claim supported by terrible evidence. Chainalysis has staked their reputation on this case; if these guys win against the US govt, it'll do enormous damage to Chainalysis as a business.
I gave them $100 (with lightning!). You should donate too. Lawyers deserve to get paid to fight important cases.
this case would set a precedence for a Minority Report-like future - where merely some algorithm can throw you in jail.
#FreeRoman
More Info: https://www.torekeland.com/roman-sterlingov/
Gm.
Just learned one can become a "Certified Continuous Transformation Platform Practitioner".
🤡
How can I see on which relays a note is published to/can be found?
How can I see which relays a node is on?
It seems as if when I respond to notes the OP doesn't see them / gets notified. Weird.
What's the second?