Itâs bc 10 sats zap = 1000 tw likes
How was your exam? #[0]
Sats sent #[0]
On the differences between Fedimint and Cashu from my perspective.
Fedimint is federated (meaning the ecash mechanics and the on-chain multisig), Cashu is always a single mint operator with Lightning abilities. Both are custodial in that sense. However, the rugpull risk is reduced in the federated model but it's also (often a lot) harder to implement as a programmer (it's a truly great achievement!).
Cashu is more about the ecash protocol itself. We're writing libraries in different programming languages and we have Python, Golang, JavaScript and Typescript so far. The goal is to design a simple ecash protocol that everyone can easily implement into their custodial Bitcoin application and benefit from the ecash protocol (near-perfect privacy and other benefits).
The first few examples so far are
* running a mint in LNbits
* A Python wallet and mint https://github.com/cashubtc/cashu
* A Go wallet and mint https://github.com/cashubtc/cashu-feni
* A JS wallet https://cashu.me
* A TS wallet https://nutstash.app
* A swap service https://redeem.cashu.me
* A faucet https://www.gandlaf.com/faucet/anarchy
* and soon more
More info at https://cashu.space and at https://github.com/cashubtc
I'm trying the python wallet. But I don't get why I'm having mint error issues when cashu pay. Any help very welcome!
(py39) ****Mac ~ % cashu info
Version: 0.9.2
Wallet: wallet
Cashu dir: /****/****/.cashu
Tor enabled: True
Mint URL: https://8333.space:3338
(py39) *****@Mac ~ % cashu pay lnbc1m1p3lq.....
Balance: 241487 sat
Pay 100000 sat (101000 sat incl. fees)? [Y/n]: y
Paying Lightning invoice ...
Exception: Mint Error: tokens already spent. Secret: x_yUSK5k2HGZrXv2Lpn6Hg #[1] #[2]
Indeed. Additionally those fee sats spent never will be backđ
Happy birthday!! Hug her, kiss her and tell you love her. Thereâs nothing like a sonâs hug. Pura vida.
Still see it.
Lightning took Nostr to the next level.
But BOLT 12 will take it even further.
BOLT 12 + NOSTR = THE EVERYTHING APP
Nostr Thread:
https://void.cat/d/Trsk2DRaQxSzao5H2m5ViT.webp
If you didnât already know, BOLT stands for Basis of Lightning Technology.
BOLTs are like BIPs for the Lightning Network.
BOLT 12 is already supported experimentally on Blockstreamâs Core Lightning and is also being actively implemented by the teams at Acinq, LDK, & Lightning Labs.
BOLT 12 is distinct from BOLT 11 (the current invoicing spec on LN) in a bunch of different ways.
The main component of BOLT 12 is a new type of invoice called an âofferâ.
An offer can be thought of as a âmetaâ invoice- an invoice on top of an invoice.
Offers are useful because they are persistent and static.
This means that you can use them for donation pages, billboards, and zapping fellow plebs on Nostr!
BOLT 11 invoices, on the other hand, can only be used once, and must be generated in real-time.
BOLT 12 offers also allow you to create recurring subscriptions denominated in sats OR dollars.
This could be used to fund paid relays or creators (Patreon style), and for other subscription services.
BOLT 12 is Lightning native, which means that itâs different from LNURL/Static LN addresses because you arenât required to run a web server to generate invoices.
Your Lightning node handles all the work.
This allows for fully self-custodial zappingâĄď¸
TLDR;
BOLT 12 would be a dramatic improvement for Lightning and Nostr.
BOLT 12 allows for:
-Subscriptions denominated in USD (but settled in sats)
-Static Zapping
-Self-Custodial Zapping
Thanks for reading.
Weâre going to start posting all our threads on here.
Follow for more!
Also, if you run a large Lightning node and you havenât tried Torq yet, youâre seriously missing out!
Check it out on Umbrel & Btcpayserver or download it straight from GitHub:
Great thread! ZappedâĄď¸
WSJ bosses know perfectly what bitcoin could become. 2023 will be a wild year, buckle up and hold tight to your sats.
Great having you on Nost @caitlinlong
My humble zap sent. Keep building brother. Thanks.
Icredible. Random purchase at supermaket in Barcelona. Itâs a sign buddy. đđ



