#bitcoin #mempool finally getting lower again … seems the runespam has subsided a bit but still seeing lots of them. I think if it wasn’t for them, the blockchain would be empty now.
Anyway, time to consolidate! Actually, we need more UTXO to actually have a reason to consolidate :-)
Anyway [2], don’t forget to pay us a visit as we have the lowest gift card prices in btc or satoshi on the planet!
The best thing is to HODL, the next best thing is to spend to someone who HODLs.
#playasia
Just a reminder that #playasia has the best (perhaps?) prices on #bitcoin purchases with their native bitcoin & #lightning payment method.
#psn #nintendo #eshop #iTunes #playstation
GM!
Lots of activity on the #bitcoin blockchain recently.. makes one wonder, what will happen come monday?
Too bad, I’ve had some consolidations planned, seems I have to postpone them for a while …
Sorry if my answer was confusing.
There are three keys
In the Bitkey device
In your phone storage
On Bitkeys servers
Any two of them TOGETHER can make a transaction.
The daily limit transaction uses your phone storage and the Bitkey server key. This needs Bitkey server cooperation.
Since two out of three signatures are required, Bitkey server signature alone is not enough. They always need you to also sign it (with the phone storage key). This is just for the daily transaction thing where you might not have your Bitkey device with you
Normally, the Bitkey hardware and phone storage key is used to sign a transaction. All should happen on the phone with help of your Bitkey device (you need internet for the blockchain access of course, I believe via electrum server)
Bitkey themselves cannot access your funds, no. They only have one out of a minimum of two required keys to sign a transaction.
Sorry didn’t see this.. you can set the daily limit, I think down to 0 and up to 200
It’s a 2/3 signatures transaction. You are holding two keys (in the Bitkey and the Phone App and Bitkey holds the third key.
Any two out of three keys can sign a transaction.
Ie. For the daily thing to work, it needs Bitkey’s servers to cooperate as you’re just using your phone and bit key’s key for signing off the transaction. Hth
Interesting... so it’s right hand drive too… doesn’t that suck?
Why is the main display in miles?
GMPV my nostriches.
Hump day- let’s push!
BTW what debate?
All I saw was Trump babble on and talk in circles constantly on some defensive fantasy shit!
It’s crazy the man never speaks about what he will do for you and I?
All he ever talks about is himself, or lying about someone else or attacking them… it’s sad really.
❤️❤️ nostr:npub1nyjvepdyl8hpx9qe09fjcvluk025jm5dh2rnvk6jwcfexem5ykcq9e39ch 😘😘
Sane words about trump on nostr. Who would’ve thunk
As much as I like Bitkey for its simplicity, somehow it feels it could be fleshed out better.
As some have pointed out, you can’t consolidate your funds with it, ie you can’t send to yourself.
It’s super simplistic (which is a good thing, but not always) in things it can do. I mean, ok get it, it’s Bitcoin only so all kinda trade functions are probably difficult without any exchange behind.
But it seems to be geared on for daily use (with the mobile pay option, which I like - and never used) but then it really needs to support Lightning. Nobody’s using on-chain for small purchases that mobile pay enables.
Running our own lightning node, I can’t imagine how it would scale on Bitkey’s installed base. Then you have the liquidity nightmares that necessarily come with it (especially if/when you don’t charge for it, see phoenix which I like to like but can’t like as it just simply doesn’t work for me)
Due to the lack of lightning offers, I often use ETH nowadays :-(
nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m surely’d have the means to equip Block with said means to run lightning for all bitkey users without charge, but will they do it?
I love lighting and wish more people would use it and more services would accept it…
Weddings are overrated tho …
Ya’ll want Nostr Lyn to write a sci fi novel in whatever spare time she has, or get back to finance?
Hmm I think first question is how many Lyns are there really? In _this_ universe.
But yeah, the sci-fi novel !!
What’s wrong with being a kindergarten teacher or something? And I wish I had books…
Everything !
We are taking any channel size …
https://1ml.com/node/0306d727c50c0e14ae9a0d0fe7e8e84fb5c08969d71e7e79fccdef22a78c3615ca
