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Bryan
f07dec60e40c0f0d6baf9a9f18c4ceba266266fa4fa0e322c1925498cb293c36
Christian, husband, father, bitcoiner.

Not looking good there. But if you never try to restore you won’t know the answer to your Schrödinger’s backup paradox.

Agreed! Having some sort of mesh radio layer as an alternate path would be great for resilience.

Using #zaps for the #zapathon will avoid destroying swimming pools with those nasty bitcoin transactions.

I’ve been looking at the documentation for the newly released taproot assets. The documentation and marketing seems to either talk at a really high level about how awesome the protocol is or go really deep about the daemon and APIs. There doesn’t seem to be anything in the middle. Can anyone take a stab at these questions:

1. It appears from the documentation that the entirety of an issued asset exists within a single bitcoin UTXO. Does this mean that only the issuer of the asset can update balances? IE it’s completely custodial?

2. Does that mean that the issuer is able to censor any transactions that they wish when posting updates to the underlying UTXO?

#lightningnetwork #bitcoin #questions #taproot

What’s been really hard to understand about taproot assets is the security model from the end user perspective. Can the issuer of the asset censor transactions? Do end users custody their own assets? Is it permissionless to use? IE what are the compromises from the Bitcoin ethos.

A five dollar wrench

To you they will beat

Till you give your keys

And transfer your sats

Replying to Avatar OpenSecret

Introducing Mutiny Gifts: Onboard someone to Bitcoin by simply showing them a QR code. Once they scan the QR code, it will load up Mutiny Wallet on the web, allowing them to redeem the Bitcoin.

https://blog.mutinywallet.com/mutiny-gifts/

Mutiny Gifts is self-custodial through the whole process. Funds stay in your wallet until the receiver redeems it. You can revoke access at any time if the gift is not claimed. All thanks to the magic of NWC.

Gifts is our first Mutiny+ paid-only feature. Anyone can redeem a gift, but you need to be a paid user or self-hoster to create one.

Here's a gift for a lucky person! Be the first one to scan this from your mobile phone and you'll receive 50k sats.

This is really cool. One request would be to clear up the UI when the gift is already claimed. Having it report back that it either timed out or was already claimed are very different possible problems.

Does the sun set on the #zapathon?