so many plebs wondering aimless, mindless consumerism ๐คท๐พโโ๏ธ๐คท๐พโโ๏ธ๐คท๐พโโ๏ธ
universal purpose ๐ค pv
go through it to get to it ๐ค pv
After the availability of Taproot on the Bitcoin mainchain in late 2021 and the Liquid Network in early 2022, today we are launching Taproot Swaps. This upgrade leverages Taprootโs Schnorr signatures to enable cheaper and more private swaps. Taprootโs features also allowed us to implement Immediate Cooperative Refunds, our flagship feature for this release, which dramatically improves UX as now users can get their locked bitcoin back immediately if a swap fails.
In the context of Boltz swaps, refunds are the process of users reclaiming chain bitcoin, like L-BTC or mainchain BTC, of a failed swap. Refunds only apply to Chain โ Lightning swaps, whereas Lightning โ Chain swaps do not require refunds, because here Lightning funds automatically bounce back to users if something goes wrong.
Bitcoin which are locked in a failed Chain โ Lightning swap cannot โbounce backโ or even get โrefunded automaticallyโ, as Boltz does not have control over the locked bitcoins. The user is in control, which is why refunds need to be actively triggered by e.g. using the โRefundโ tab on boltz exchange
#pleb #grownostr #digitalarts
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communities need a lot of work
the magician ๐ง๐ฟโโ๏ธ๐ง๐ฟโโ๏ธ
wolf moon ๐
your testimony will free the captives ๐ค pv
if they come against you, they will have to fight all the planets and all the stars in heaven. ๐ช๐ฟ๐ช๐ฟ๐ช๐ฟ
faint not ๐ค pv