Great setup chosen by Jor (nprofile…ykzv).
Minibits is a Cashu wallet (Ecash protocol that uses Bitcoin for settlement). When you deposit Bitcoin thru Lightning, a Cashu mint hands back Ecash tokens that are stored on your local device. These Ecash tokens can be sent or used as payment via network or QR code. Users have to trust the Cashu mint will redeem their Ecash tokens when they want to swap to Lightning.
It is integrated with Nostr. It is in beta, use small amounts only.
Minibits enables near private, instant and cheap transactions over Lightning. You don't need to manage inbound or outbound Lightning channel liquidity as would be required by a self custodial Lightning wallet, and you don't lose sender privacy as would happen with a Lightning custodial wallet.
Aqua is an all-in-one Bitcoin, Lightning and Liquid BTC wallet. You can easily swap between these using Aqua for low fees. Liquid BTC is a federated (11 out of 15 multisig) Layer 2 solution offering cheaper, confidential and fast transactions. Although it can use Lightning, the fees involved are higher than using a regular Lightning wallet. Liquid BTC wallets like Aqua will become more valuable as Bitcoin network fees increase over time.
I stack sats rewards at Fold (and purchase BTC), and send them to Aqua. From there, i can send to Minibits or cold storage.
OneNostrich
npub1dv…24qc4
2024-09-08 14:31:20
in reply to nevent1q…zv7k
Author Public Key
npub1dvysmc906lke8e483lu3z5nv4q0mjkta9ttkmxkgqgw5x7znngsq024qc4Published at
2024-09-08 14:31:20Event JSON
{
"id": "5cb68bd83dbfefdfc3a6967d215f0a6de88eda7a32eaaf17014f33eaed07368b",
"pubkey": "6b090de0afd7ed93e6a78ff911526ca81fb9597d2ad76d9ac8021d4378539a20",
"created_at": 1725805880,
"kind": 1,
"tags": [
[
"e",
"511927de3a02e627c8f452ad389d62d96254282f6b68ad2df47fe9c4f17810b7",
"",
"root"
],
[
"e",
"15065a2ca65fc08d6e6512dbb70c587b5d5a8ee426d58952854f003c19a48609",
"",
"reply"
],
[
"p",
"7c765d407d3a9d5ea117cb8b8699628560787fc084a0c76afaa449bfbd121d84",
"",
"mention"
],
[
"p",
"66ec9d5274b9406c0ecc64bd274a3817ee6067d5f083d2d328bc209f62e833f7"
]
],
"content": "Great setup chosen by nostr:nprofile1qqs8cajagp7n48275ytuhzuxn93g2crc0lqgfgx8dta2gjdlh5fpmpqpz9mhxue69uhkummnw3ezuamfdejj7xsykzv.\n\nMinibits is a Cashu wallet (Ecash protocol that uses Bitcoin for settlement). When you deposit Bitcoin thru Lightning, a Cashu mint hands back Ecash tokens that are stored on your local device. These Ecash tokens can be sent or used as payment via network or QR code. Users have to trust the Cashu mint will redeem their Ecash tokens when they want to swap to Lightning.\n\nIt is integrated with Nostr. It is in beta, use small amounts only.\n\nMinibits enables near private, instant and cheap transactions over Lightning. You don't need to manage inbound or outbound Lightning channel liquidity as would be required by a self custodial Lightning wallet, and you don't lose sender privacy as would happen with a Lightning custodial wallet.\n\nAqua is an all-in-one Bitcoin, Lightning and Liquid BTC wallet. You can easily swap between these using Aqua for low fees. Liquid BTC is a federated (11 out of 15 multisig) Layer 2 solution offering cheaper, confidential and fast transactions. Although it can use Lightning, the fees involved are higher than using a regular Lightning wallet. Liquid BTC wallets like Aqua will become more valuable as Bitcoin network fees increase over time.\n\nI stack sats rewards at Fold (and purchase BTC), and send them to Aqua. From there, i can send to Minibits or cold storage.\n",
"sig": "6957605e572e492d819d9328b18bff4382e20bd0499987b7e894761f08a7008c1e412772d1c248cc3fc113d8171c9e6168db82d60925cf8e095d14dfc1635809"
}