Profile: b5f985dc...
BITCOIN TWITTER USED TO BE MY MAIN NEWS SOURCE BUT nostr:npub1hxjnw53mhghumt590kgd3fmqme8jzwwflyxesmm50nnapmqdzu7swqagw3 FIXED THAT.
🫡 just followed them
It's got me hooked
Exactly these are things I would want to know when deciding how much to trust a specific mint
Do you have a way of limiting the size of a federated mint? If you have a really desirable mint you mint end up with more funds than you feel confident with
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Great video thank you. What is the difference between cashew and fedimint?
Using snort. Reposted and liked 👍
Is ETH still a thing?
💯 the lack of bitcoin collateral will drive the price.
Really like tye link you make between Eastern philosophy and bitcoin. I see lots of links too
I had started to lose hope for lightning. But this truly seems like the missing part of the puzzle. It's made me really hopeful. Looking forward to trying it
Long term integrity will payoff in a bitcoin world. Hopefully
As a person with a lot of social capital in the nostr/bitcoin community do you think you would be interested in being part of setting up a #fedimint federation down the road?
🤣🤣
Ending the year off strong!
Over the last few months, we've been preparing our wallet for Fedimint integrations. Today marks the first release with Fedimint support ready for alpha testing!
Fedimint is software for managing federated custodian funds. It's similar to the trust model of Liquid but better privacy and without a blockchain involved. It also has first-class support for Lightning.
The way we've gone about the integration is to seamlessly smooth over the edges that exist in self-custodial Lightning. Our hybrid approach will use a configured Federation when needed. Otherwise, it uses self-custodial Lightning if it exists for the user. This helps things like channel reserves, channel minimums, high chain fees to get started, etc.
You may add a Federation alongside your existing wallet or start with one without needing to open channels or pay on-chain costs. We recommend keeping the value low since this is a very early release, and there are some known features that we still need to develop.
It should feel and act like the same Mutiny Wallet with some caveats around backups for now.
A massive shoutout to the Fedimint team for their recent v0.2 release. It's still early for them and us, so all testing and feedback is welcomed! This does rely on having a federation invite code. We suspect that, over the next few weeks and months, more mainnet federations will pop up. There is not a default one built into the wallet.
We should also have Lightning Address support in a few weeks that works through federations. Kody has already started that work, and it seems promising: https://github.com/Kodylow/hermes
Also, there's beginning work on supporting the Lightning Service Provider Specification, which will eventually allow more plug-and-play support for any LSP to power Mutiny. This will be huge for more advanced node runners as the spec matures. Huge shoutout to John Cantrell for that work.
A lot of core infrastructure has been built into this release. Let us know if there are any problems; it should be identical to previous versions if you do not configure a Fedimint or different LSP.
Expect much more to come soon. Happy new year!
Would Fedimint work via zaps on nostr?
Agreed. My hunch is non custodial lighting wallets is not the solution, lost hope of that. A sidechain such as liquid seems good but as its not being used I am assuming people don't like the tradeoffs on that either.