npub1775t...9jcw
npub1775t...9jcw
Sats. Seeds. Shells.
CTV and Cold Channels.
Today in Bitcoin, to make a channel, you must first receive Bitcoin on-chain and then transfer it to a channel with your partner interactively. This is a minimum of two transactions just to open a channel and the channel opening cannot be batched.
With CTV, channels can be hidden inside your pubKey so that when you're paid and the transaction is committed on-chain (can even be batched using only one UTXO), that on-chain commitment is sufficient to use your channel. No need to dump the channel details on-chain.
https://image.nostr.build/9c5674ec45bb1c4b1a84c1c1b7223a6223391c8914639cebc09304e2c9f82616.jpg#m=image%2Fjpeg&dim=819x540&blurhash=r89tP%25yUD*M%7CNZV%5BM%7BxuRRGcnhr%3BoInhWBV%40kWWBHbICbrkURQoybYfRox%5EcW%3DNIW%3DS4oLWCjYayucyAVun%2Ct7V%5BahWAV%5B%7DmR.NKWXNIoeW%3BjFWB&x=860ed55345f9f855729c8bf1dfd19accc63cac0b31f90d19fef23c3a444d4263
https://image.nostr.build/f9fd33773a851e375ef91384b005fcddd297a7be2743da20548f69518991c37c.jpg#m=image%2Fjpeg&dim=825x540&blurhash=r67xBu.5RzRjVtRRIUt8xtpPjKRCaixca_V%5Dk8WBDSH%5DIBodx%40tPf%23WXayr%23bWR%24oxoxa%23k9WEf6tGyBtkogaQRQt7WARj%23xWANEk8k7j%5BbXaija&x=3329ea1a5da027f809f762a80c17fb860055934d498ac379894bcc18adbee1a3
Trusted Third Parties are outside the scope of Bitcoin. Custodians may be an optional evil but never a necessary evil.
Custodians aren't a form of scaling. Custodians will do everything in their power to prevent scaling.
https://image.nostr.build/d6f2e3ba7a9689418bdb24172a78245577fc6f525e9c65673958b9e62ab11ace.jpg#m=image%2Fjpeg&dim=500x635&blurhash=_BQ%2CL100%7Eq_3M%7B-%3B-%3BWBoft7RjofRjfQ9Ft7WBIUt7WBM%7B9FxuxuWBxuWBRjD%25IUt7M%7BfQt7WBD%25ofj%5BfQ%25Mxut7IUWBWBWBj%5Bayayt7Rjxut7ayt7ofM%7BxufQayayWBRj&x=83b13d555985edfc173f1cd1f547d2c7f1ae9bb4edf19a76e19ea7a01da02764
I'd like to be on nostr more but it's just a wee bit boring at the moment. No notifs and no real engagement. Where's everybody at? Pull me in.
If y'all haven't looked into Frostsnap yet, you're wrong. This is wild.


Frostsnap
Introducing Frostsnap
Easy, personalized, secure Bitcoin self-custody.
Bitcoin and CTV Covenants.
https://app.sigle.io/polydeuces.id.stx/bo-iHio5_4iTlvWwXwZ9l
Discuss.