No longer recommending the zeuspay ln address - Unfortunately incurrs
high fees. Have a look at non-custodial bridge servers instead, under
No longer recommending the zeuspay ln address - Unfortunately incurrs high fees. Have a look at non-custodial bridge servers instead, under https://lightningaddress.com/#providers
You're absolutely right, my bad - Just tested with the proper zeuspay address. Will add a comment to all.
Expired requests were from some testing. Going further down, as said initially, can't see a single reception with fees.
Not that I can see.
I don't have a single received zap with fees that I can see.
Good point to remember. But isn‘t that the case for any (non-custodial) wallet? Fees are everywhere and with nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 you at least have a clear information about them. Plus, they clearly state in their documentation that the initial transfer should be > 100k sats. Custodial wallets probably don‘t levy such fees because they can sell your info/data and, anyway, they have your sats 😉
This is the crux of the issue - Doing away with trust in light of verifiability comes at a cost, currently - I consider all my sats precious enough to pay that cost to, in turn, better safeguard my sats. Not all will agree, many just might!
Nice!
Looking to run an LNAddress server soon as well.
Zeus gives you a little more control, by allowing you to create channels and connect to any LSP - This allows you to setup the amount of liquidity you want within that channel. It's online 24/7 (there's an option to fully run in the background, or "catch-up" when it opens. Payments are always received, just the LNAddress payments need to be redeemed by opening the app).
Phoenix to my knowledge connects solely to ACINQ as an LSP.
This post is for those genuinely interested in residing under LN as 2nd layer, with self-custody. Any completely new users I'd probably have them look at ecash instead.
With this current setup, I pay at most 1 sat for zaps. A zap of over 1300 cost me 3 sats when going through Olympus.
Indeed, it's not perfect but personally I think it's worth the self-custody.
As mentioned in the post, anyone is free to open a channel to any other LSP if they choose to do so - Olympus is just built-in, it's easy, and gets people going.
This is more of a prelude to ecash which I'm looking to write a post on soon, which does away (for the most part) with the limitations of liquidity and fees.
Consolidate by using a coinjoin/mixing service. Samourai's whirlpool has been my go-to for years now. Sometimes I forget and leave them remixing for months, then take them out, one UTXO at a time. That way you end up with nice large, privacy-protected UTXOs to hodl onto.
Try to keep the UTXOs as large as possible (based on the pool choices), but it's also a good idea to a have a few smaller ones - The more diverse the better, it's about striking that balance between number of UTXOs and how large the UTXOs are - Even smaller UTXOs are useful after all and may be preferred to larger ones even in high-fee scenarios.
Genuinely curious in the history behind this, if any.
Why is it that the UK is so pro-KYC, pro-tax (in its current form), and their rebel spirit is almost no where to be found?
Even amongst Bitcoiners.
I understand a lot in this country has worked nicely up until recently, they have a, relatively speaking, OK healthcare system and if rules are followed everyone seems to get along, but there's a clear increase in lack of consensus forming around pretty much everything to do with public infrastructure and welfare thanks to the cost-of-living (on the fiat standard) - Yet to speak against it? Heresy.
I find it quite interesting that a lot of dystopian fictional content usually has the UK as an example of what a surveillance-state, police-state would look like, and personally it from what I've seen it SEEMS to make some sense behind this.
Haven't you heard?
We're all criminals now.
These people ru(i)nning people's lives are pathetic.
You can’t buy directly in vexl, vexl is not a wallet does not touch your bitcoin or your fiat. Vexl is more of a tinder for bitcoin p2p no kyc matching. What you and the counterparty do it entirely on your terms. Vexl has no knowledge of it.
I’m not sure you dug deep into what Vexl actually is. Check this out: https://blog.vexl.it/how-to-do-peer-to-peer-trading-on-vexl-6745f3954ae9
It’s a web of trust model that is based purely on common contacts but does so in a completely anonymous way.
https://blog.vexl.it/understanding-vexl-security-privacy-and-building-a-web-of-trust-867710d4a6fe
I think that's exactly the problem though - It's a web of trust, not of verifiability. As far as the user experience, it works very much like like Bisq or Robosats.
You put up orders in a P2P market, users take the orders looking for the users with the best reputation, exchange details for payment using E2EE, and trade.
The problem is, that's what it says it does, and that's what it seems to do when you use it. You can't be sure, because you can't verify what the app is actually doing code-wise.
That being said, I like the ideal of the web of trust - You end up transacting with people you know, hence the risk is significantly lowered. The problem is a web of trust does away with randomness, and thus properties such as plausible deniability which are important when you're looking to protect either your privacy or anonymity online.
Maybe I don't want my friends to know I bought or sold BTC - I suddenly become singled-out and cannot participate in the network Looking through.
Having read through the article and checked the website and github, it also seems to not employ an escrow system, and instead payments are done fiat-first. I foresee the amount of problematic trades in such a model are going to be way increased IF you NEED to trade with someone outside of the previously setup web of trust. That's a big problem.
Not too familair with Vexl, but it seems like it doesn't solve this...
Couple points:
1) Vexl acts as an exchange, just like Bisq or Robosats, except it's more recent (not long-standing) AND it has a company behind it - Big red flag. That's not how DEX open-source protocols work, they gain something, somehow, or intend to at some point. They're VC-funded.
2) IF you can buy directly via Vexl, as in, trade fiat in Vexl, you're linking your ID (you moved fiat in the legacy insitution from A to Vexl, at a certain time, on a certain day) with a BTC transaction - At which point Vexl doesn't need to ask your consent for KYC, it already has it. IF this is the case with Vexl integrating fiat, that's another HUGE red flag.
3) Checking their github, there are no reproducible builds. You cannot be certain that what you download on mobile is, at ANY degree, equivalent to what source code is displayed. Another big red flag.
4) They only distribute apps via official stores, no open source stores, nor via github itself.
Having reviewed points 1, 3, and 4 in particular, these red flags only show up when companies have something to hide. When they're open source as they claim, they are ENCOURAGED to not centralise power over development (Vexl Foundation), to make guide users to reproducible builds AND to have the .apk openly available.
I kinda wanted to shill for nostr:nprofile1qyd8wumn8ghj7un9d3shjtnswfhhs7tdv9hxztnwv46z7qg4waehxw309ahx7um5wghx77r5wghxgetk9uq3yamnwvaz7tmwdaehgu3wd36ju6m99uq3wamnwvaz7tmjv4kxz7fwxpuxx6rpwshxxmmd9uq3samnwvaz7tmjv4kxz7fwvd6hyun9de6zuenedyhszrnhwden5te0dehhxtnvdakz7qpq5369wu3wzzar5fclhecyqfv683x69n6nhlg7rxqnsg2dydgxflpq3876er here but sadly can't, their frontend code is solely verifiable and backend isn't open-source, unfortunate.
Mobile DEXs need to do better.
#Telegram has been blocked in #Spain
It may still be somewhat accessible as Telegram employs Meek
I've seen outlets advise users to switch to #Discord
The problem with Telegram is that it's centralised. It'll continue to employ round-about ways for users to maintain access, but eventually it WILL be shut down.
Discord is even worse - No end-to-end encryption, it's able to share all sorts of user info with third-parties, and able to shutdown accounts. Discord "servers" are not owned by users.
#Grownostr - Get friends and family on decentralised, permissionless platforms before they're KYC'd or deplatformed -It's coming.
https://www.dw.com/en/spain-judge-orders-telegram-to-be-blocked-nationwide/a-68653620
Using a custodial #Lightning address?
#Custodial addresses are often run by custodial lightning services.
Such services will soon, if they aren't already, be under regulatory scrutiny, and soon enough, capture.
Your #sats aren't safe.
Don't have the know-how to get a self-custodial lightning address? Don't have the time/will? That's fine.
Install the #Zeus LN node on your phone!
1) In 2 taps, Install app
2) In 3 taps, easily start running your own Lightning node on your phone
3) In 3 taps, open a channel to Olympus (Zeus' LSP, integrated in the app) or any other LSP of your choice.
4) In 3 taps, get your own Zeus LN self-custodial Lightning address. Link to your #nostr npub, or a randomly generated one.
5) Open app once every 24 hours to redeem zaps (otherwise gets returned to sender).
Now #ECB can't fuck with you.
No one can.
Their dictionary doesn't have an entry for permissionless.
They instead decide to pull a China.
5 years later... "EU bans BTC wallets for the 5th time".
uxellodunum@mint.proxymana.net
Any funds received will go directly towards the mission of defunding the state, and putting Lagarde in jail.