To all users of STPI cashu mint, I have added a new backend to the server. You should be able to freely mint new tokens and redeem mint tokens for lightning sats. #cashu #enuts #minibits
npub1vw39...g5xe
npub1vw39...g5xe
#ecash #cashu #minibits
@BTC Sessions reviews cashu Minibits for android
I want to explain this to reduce confusion, not increase it, so here it goes.
The cashu tokens you have can still be moved, traded, divided & combined on the STPI mint as long as the tokens stay on the mint. Because I'm closing down the lightning node, you won't be able to redeem them for sats via lightning... for now. However, I can reimburse you for them.
Here's another aspect; If you leave your sats on the mint, and I set up a new lightning node, open new channels, and connect it to the cashu mint, then you WILL be able to redeem your cashu tokens as if nothing happened. Just so you understand, I'm only shutting down the LND node, not lnbits. When I finally disconnect LND, i'll change over to the 'null node' in lnbits. When I connect a new lightning node, i'll connect lnbits to that new node, and you can redeem your tokens at that time.
I wanted to give everyone a chance to redeem their tokens before I disconnect the lightning node. At this time, it appears the node is essentially unroutable. As a mitigation, if you send the tokens to me (via PM) I can be assured that you no longer control them. This way I can reimburse you with a different wallet like on getalby, strike, zeus or cashapp.
If there are people you sent sats to and they don't know who I am or even how cashu works, there will be a time where they can send them to other people but can't cash them in for sats over lightning. Eventually they will be able to redeem them.
Be assured, this isn't a rugpull. And in case you're wondering, at this time there is only about 30ksats remaining on it.
Forward!
Notice to any users of the STPI cashu mint: I'm shutting it down for now.
There are too many remote-close and force-close on my lightning node, there is also erratic behavior like strange cashu/ln transactions and pending payments that I can't explain. Lightning is too unpredictable and impossible to debug, its not ready for prime-time in my opinion. I've been running this node for two years and the technology is not improving. This high fee environment is making it too costly to run a routing node, and the ln-tx fees don't even put a dent in the channel open and close fees.
Please remove your sats from the mint.
I will try to keep it open long enough for people to remove their sats (there isn't much).
#ecash #cashu #minibits #enuts
That we Maxis henceforth be no more shitcoiners, tossed to and fro, and carried about with every pumping altcoin, by the sleight of grifters, their cunning craftiness, whereby they lie in wait to dump their bags; But speaking the truth about Bitcoin in love, the shitcoiners may grow up into Bitcoin for all things, which is the best, even a single Satoshi: For this exists the whole blochchain fitly joined together and compacted by that which every vByte supplieth, according to the effectual working in the measure of every miner, maketh increase of the world unto the edifying of the HODLer in love.
Eph 4:14-16
Good day people. Anyone from Western Wisconsin?
A: Never sell, only spend.
B: Only spend with those that value your money.
C: Spend and replace.
#bitcoin #onlybitcoin
The lightning node was down for 4 hours today. As usual, no way to know why it shuts down. Its the latest version. It was back up about 2 hours ago and is continuing to run.
#KidsNotCats
I have opened a channel to ivpn.net
Any no-KYC cashu/LN payments to their BTCPAY server should now succeed.
#cashu #ecash #enuts #minibits