Standard Sats

https://www.valet.finance/

We address volatility. We ship Valet ♦️ https://f-droid.org/packages/finance.valet.

Public Key

npub1py0j9vl53am4h6zdsa49nt53mghkxhw84tchp7edlrn3mz6uuckqqtmh59

Profile Code

nprofile1qqsqj8ezk06g7a6mapxcw6je46ga5tmrthr64utslvkl3eca3dwwvtqpz3mhxue69uhhyetvv9ujumn0wd68ytnzvuqs6amnwvaz7tmwdaejumr0dshtsqu2

Publishing to

relay.nostr.bg

nos.lol

Author Public Key

npub1py0j9vl53am4h6zdsa49nt53mghkxhw84tchp7edlrn3mz6uuckqqtmh59

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Last Notes

2026-03-17 03:09:45 UTC

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Hi Clay, what are your thoughts on the idea of USDT on Bitcoin as proposed by Tether?

2026-03-17 03:04:15 UTC

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I'd think this way better:
"They Pay in Bitcoin"
"You get paid in dollars"
Completely removes any form of ambiguity and confusion - Bitcoin sounds confusing enough already, promoting it's usage as money shouldn't imo

2026-03-17 02:59:04 UTC

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These are pretty cool.
@nprofile…5m3a

2026-03-17 02:37:25 UTC

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You guys have done great work, especially with PicknPay; that particular onboarding has a huge impact in driving the institutional acceptance of Bitcoin for payments.
> but we are changing this and running pro-Bitcoin campaigns with them -
If you don't mind, what is the actual reality with merchants you've tried to convince to accept Bitcoin directly via your campaigns?
I mean, "What are the real bottlenecks these merchants cite as a deterrent for accepting Bitcoin directly"?
I will guess:
- - Volatility issues (Main bottleneck)
- Unclear regulatory policies around Bitcoin, especially about taxation (CGT)
- Then there's also the issue of "lack of technical know-how", and the disheartening case of "fraud/crime" association with Bitcoin.
The first two are the most common issues we've seen from our research surveys.

2026-03-07 21:19:55 UTC

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Having said the above, I also agree with the point that "unwillingness to spend Bitcoin by Bitcoiners is also the cause"
However, it is relatable why this is the case; Bitcoin is the hardest, scarcest monetary asset in the world, with price volatility.
The volatility of Bitcoin is the common ground for which both merchants and Bitcoiners might be reluctant to accept and pay in it respectively.
Most merchants run on Fiat, accepting and holding Bitcoin means possibility that their Fiat capital dips following a Bitcoin dip, and for Bitcoiners, nobody will be happy to spend their Bitcoin when the Fiat value is down, especially if they acquired such Bitcoin when the Fiat value is higher.
So the ultimate solution is making Bitcoin the base layer for moving fiat value. This helps the merchant accept Bitcoin confidently, and also ensures that any Bitcoiner can pay with Bitcoin at any point in time.
One of such solutions is "Fiat Channels", a lightning protocol specification that enables the creation of synthetic assets on Lightning. There are several other implementations like this such as "Stable Channels".
With these protocols, merchants could accept Bitcoin while retaining the "stable" Fiat value of the Sats as at when received.
MoneyGadger may set up a Host and offer these services to her clients, ensuring that Sats continue to exchange hands while carrying Fiat values across.
Fiat Channels: https://github.com/standardsats/fiat-channels-rfc

2026-03-07 19:14:02 UTC

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By your website, the summary of what MoneyBadger does is that it helps Bitcoin users convert QR codes of your affiliated Fiat payment processors to Lightning invoices so that they could pay with Bitcoin. Awesome service!
If the above knowledge of what MoneyBadger does is correct, then, the question becomes "how many of these merchants you serve actually understand what Bitcoin is, and boldly signal its acceptance in their businesses? - That is when we can say that they accept Bitcoin payments
It get's even better if they accept Sats directly.
Please, if our understanding of your service is wrong, kindly correct it.

2026-03-07 18:26:09 UTC

IMMORTAN LIBRARY & HOSTED CHANNEL
A week ago, our team member @npub1lsn…yxc7 gave a talk at the 13th Socratic seminar of the #bitdev community in Abuja, Nigeria, during the monthly Bitcoin developers meetup.
During the session, he introduced IMMORTAN Library and Hosted channels, the two Lightning implementations designed to foster Bitcoin adoption in local communities by advancing self-custodial mobile Lightning usage and cost-effective, community-focused Lightning onboarding.
Immortan is a lightweight, mobile Lightning library with advanced privacy features, robust channel-recovery options, and redundancy against frequent force-channel closures.
Hosted channel, on the other hand, is a custodial Lightning channel protocol specification. Hosted channels enable anonymous custodial channels to be opened by any node (Host).
Like a normal Lightning channel, Hosted channels are fully private because preimage generation, onion formation, and route finding all still happen on the client side, whilst the Host (routing Node) holds the funds and does the job of forwarding payments for the client.
Valet Bitcoin is a wallet software that currently runs on Immortan Library and Hosted channels, forked and maintained by @npub1py0…mh59.
Learn more about Immortan Library and Hosted channels by checking out the project GitHub links:
IMMORTAN LIBRARY: https://github.com/standardsats/immortan
HOSTED CHANNELS: https://github.com/standardsats/hosted-channels-rfc
Install Valet from @npub1vyw…lpqe, @npub10r8…t2p8, or directly from GitHub, and try out Hosted channels: https://github.com/standardsats/valet/releases.
We invite everyone to join the discussions and contribute to this project. Join us on Telegram chat, where we share insights and build this together: https://t.me/StandardSatsCommunity
Big shout out to the organizers of #bitdev #Abuja for the opportunity to share our work with the community, and particularly @npub133y…rapg, for powering these interactive and impactful metups across multiple cities in Africa.
#bitcoin #bitdev #lightning
https://image.nostr.build/1e8ba00bb5d48418103feb5fc2d214101ba3718c9624be8e762f7a0f5b287de4.jpg
https://image.nostr.build/630c22b16e2d95809bdceb7d88d02217f622d3b39e76331af7305d51795840e1.jpg
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https://image.nostr.build/88efb6ca003cac5548c69a11d79efb7f93df12780cdfa0a8a998482f2eebfb7f.jpg
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https://image.nostr.build/8188ed4c6f748b7836388f93b28edd57189a36f2db12895b200f2a66232d88d6.jpg

2026-03-07 17:45:20 UTC

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Unfortunately, everyone will not self-custody Bitcoin, and that is fine.
The ultimate thing is that, if and when banks begin to use Bitcoin as the reserve asset for issuing paper currencies (e-cash, Fiat-channels assets), they'll hardly ever run fractional banking, and if they do, they'll be at risk of irredeemable bank run since there wouldn't be the Fed back-stop to fall on because the Fed can't mint more Bitcoins.
Users will be more attracted to banks running full reserve banking. Also, banks who run fractional banking to the level it is done today, may have to ensure that their users are consenting to the fractional banking practice, and that they understand the risk. This also means that users who choose to take the risk will benefit adequately in the reward via good deposit interests unlike pennies being handed out today.

2026-03-02 14:00:51 UTC

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> The onus is frankly on the suppliers of good and services to demand Bitcoin and reject fiat. That's how Thier's law works.
This!!!!!! 👆
If merchants actively demand Bitcoin even as one of the payment options, then more Bitcoiners will be willing to spend it.
And no, it is not demanding it, and immediately converting it to Fiat.
If so, people will rather just pay with Fiat.
However, the next best way to make Bitcoin money is to make it the base asset powering Fiat monetary value, like what we did with Fiat Lightning channels, here: https://standardsats.github.io/
Protocol Implementation: https://github.com/standardsats/fiat-channels-rfc

2026-03-02 13:54:45 UTC

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- Not enough merchants are willing to accept Bitcoin
Or
- Not enough Bitcoiners are willing to spend Bitcoin
Which is the problem?

2026-03-02 13:10:26 UTC

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Valet Bitcoin wallet is a great tool for this!!
A lightweight self-custodial Bitcoin/Lightning wallet that can run on any version of Android device, even as old as Android version 8.
Valet is available on @nprofile…uvay and @nprofile…jgsv
Also easily downloadable from GitHub: https://github.com/standardsats/valet/releases

2026-03-02 13:06:53 UTC

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The best way to get actual humans to adopt Bitcoin is to make every aspect of it easily accessible on mobile devices.
Mobile penetration is the easiest route to an exponential human Bitcoin adoption.
IMMORTAN Library is a mobile-focused lightning library that makes it possible to have lightweight lightning nodes on Android devices. Ensuring that people can set up and use Lightning in self-custodial mode with very few resources and less node management headache.
Immortan Library is robust, with extra privacy features via private channels and rotating node IDs.
Nodes do not depend on any custodial setup or LSP cloud service to open channels and perfom other Lightning activities.
Valet Bitcoin wallet, on the other hand, is an Android self-custodial Bitcoin/Lightning wallet where IMMORTAN library has been implemented and is functional.
Valet is the fork of the Simple Bitcoin wallet (SBW), which no longer supports Lightning.
More mobile wallet developers should be able to adopt these technologies in order to make Bitcoin accessible to normal users. This is what would scale wide self-custodial Bitcoin adoption.
For instance, anybody who wants to fully live on a Bitcoin standard without ever interacting with the Fiat rails could do this by just downloading and using Valet.
Valet has
- Bitcoin on-chain wallets
- Self-custodial Lightning nodes - robust with an advanced build to drastically reduce forced channel closures.
- Real-time Lightning usage volume data tracking
- Hosted channels - A community-focused, custodial, and anonymous lightning channel protocol specification that enables fast and cost-effective onboarding to Lightning.
- Fiat channels - particularly designed for merchants and users who do not want to bear the challenges of Bitcoin volatility. Fiat channels are a type of custodial lightning channel that preserves the Fiat value of sats received on this channel via a hedge mechanism on the Host side. PS: Anyone can self-run a node and be a Host to themselves.
The community must adopt these approaches to improve Bitcoin's adoption and get tools like Valet more popular and in the hands of normal people.
Links:
IMMORTAN: https://github.com/standardsats/immortan
VALET: https://github.com/standardsats/valet/releases
HOSTED CHANNELS: https://github.com/standardsats/hosted-channels-rfc
FIAT CHANNELS: https://github.com/standardsats/fiat-channels-rfc

2026-03-02 12:35:16 UTC

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Walker, we'd love to come on your podcast and talk about IMMORTAN library (mobile-focused Lightning library) and a bit about the Simple Bitcoin Wallet History.

2026-02-28 10:55:30 UTC

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@nprofile…fhvv that one of yours? 😄

2026-02-28 10:51:31 UTC

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Going back to a gold standard is like going back to riding horses and carts in this automobile era.
God is not easily divisible, moveable across space and time, can easily be counterfeited (hence requiring trusted verifiers).
Even if the central banks decide to use it as reserve asset backing their currencies, auditing their reserves is as good as impossible, which means we'd easily slip back to bastardized debasement/dilution, which would gradually lad to inflation again.
Whatever a select group of humans has sole control over can never be fully trusted.

2026-02-28 10:41:48 UTC

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Bitcoin is Money!!!
Bitcoin is the 119th element on the periodic table existing just for the purpose of moving any kind of value.

2026-02-28 10:33:51 UTC

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Even Peter seems to now have a change of mind on that stance. I wonder who's more "Bitcoin is going to Zero" than he is.
Okay, perhaps there's still Dan. 😄

2026-02-27 19:35:17 UTC

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A rare breed in every family generation. One that sees the light, that's what you are.
🤩

2026-02-27 19:31:25 UTC

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Aren't we already past this stage of "Bitcoin is going to zero" or are there still people who still genuinely thinks so?
I'm curious?

2026-02-27 19:29:20 UTC

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All kinds of open source project or Nostr specific?

2026-02-27 19:25:31 UTC

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Congratulations!!

2026-02-19 12:09:35 UTC

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https://blossom.primal.net/6db0dd1c59297d119bca68b1abc6c77bbff49feb98edc41ba9585048d822c804.jpg
Hello Bitcoin Fam!! 🧡🧡🧡
The VALET Bitcoin wallet is now live on @nprofile…uvay! 💃🕺
Install it here: https://zapstore.dev/apps/naddr1qqxkv6twv9hxxefwweskcet5qgsqj8ezk06g7a6mapxcw6je46ga5tmrthr64utslvkl3eca3dwwvtqrqsqqqlstjry8as
🆘 Before you install, PLEASE READ THIS !!! 👇
WHAT IS VALET?
Valet Bitcoin is the simplest, self-custodial Bitcoin and Lightning mobile wallet in the world!!
With Valet, experience an actual self-custodial Lightning node on a mobile device, not some sophisticated custodial setups.
Open channels to any node in simple clicks and stay fully in control of your Sats.
WHY EVERY BITCOIN COMMUNITY/ECONOMY NEEDS VALET:
1️⃣
Designed with local Bitcoin communities in mind, Valet equally has HOSTED CHANNELS, a custodial Lightning implementation that enables the creation of cost-effective, anonymous Lightning channels, designed to provide an easy onboarding pathway for new users who may not yet have enough funds to open a normal channel, especially in remote Bitcoin communities.
Hosted channels are custodial in the sense that the funds stay on the Host's node; however, it retains the privacy designs of a typical Lightning channel. The Host does not ever know who the client is, since route selection, onion formation, and preimage generation all still happen on the client side.
A client is anyone using a wallet software that has the Hosted channel client-side code implemented in the software, e.g Valet. A Host is any entity running a Lightning node with the Hosted channels plugin.
A Bitcoin community leader could run a Lightning routing node with the Hosted channels plugin, and their community members (e.g., merchants) can anonymously open no-cost channels to the leader's node. With Valet, these users can move their funds back to self-custodial Lightning at any time, in one click.
2️⃣
Valet also has "FIAT CHANNELS", a Lightning implementation derived from the Hosted channels protocol. This enables the creation of stable Fiat values on Lightning, with Sats as the underlying monetary asset being moved. This solution is powered by a compulsory perpetual hedging of clients' Fiat exposure by the Host. Just like Hosted channels, any entity can run a Lightning node with the Fiat channels plugin and offer this solution to any user. Think of the Fiat channel protocol as an alternative to e-Cash, and it was designed to protect users (especially merchants) who are skeptical about Bitcoin's price fluctuation, ensuring they can confidently continue to use Bitcoin while running their businesses smoothly. It is equally useful to normal users within a Bitcoin community, who may have a fixed living cost, as it helps them be able to live within their fixed cost while being able to spend Bitcoin.
With Valet, you can live life fully on Bitcoin:
👉 On-chain for Savings
👉 Self-custodial Lightning for full sovereign, fast, and cheap payments.
👉 Hosted channels for anonymous, extremely cheap for small and fast payments.
👉 Fiat Channels for anonymous, everyday spending without flinching about Bitcoin's price fluctuation.
💡 No infrastructure headaches, no management stress. Just a full Bitcoin standard life-cycle on any Android mobile device.
Check out this @nprofile…x23h full Valet User Tutorial:👇
https://planb.academy/en/tutorials/wallet/mobile/valet-447d94ab-143e-4598-8451-3229aee3a443

2026-02-19 11:27:31 UTC

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The quality and soundness of money used in a society affects the quality of every aspect of life in that society.
Check back in 2035 and it most likely be around 5 - 8%. Except people embrace Bitcoin now

2026-02-18 14:43:46 UTC

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If Bitcoin's fiat valuation hits $1m, who shall be the "Last Man HODLing?"
Interesting future ahead!!

2026-02-18 11:09:40 UTC

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Okay, cool

2026-02-17 08:40:28 UTC

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🥶

2026-02-17 08:03:12 UTC

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@nprofile…uvay We tried to publish our app, it happened that someone else has published it.
However, the person obviously did not publish it as impersonation. They were trying to help us get it on the platform, because our npub wasn't whitelisted as at the time.
Now that our npub is whitelisted, we want that ownership right be transferred back to us, or have that publication taken down so that we can re-publish with our key.
Kindly check your DM for more details, and tell us what to do next. We are talking about Valet Bitcoin wallet:https://github.com/standardsats/valet/releases
Thank you.

2026-02-15 23:06:52 UTC

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> Personally I've experimented with Alby hub + Zeus mobile side, but... It's still something no average joe/merchant can possibly do.
Experiment with the Valet Bitcoin wallet and experience actual self-custodial Lightning usage on mobile. Valet hosts a lightweight mobile lightning node that enables actual self-custodial lightning usage. Setting up a lightning channel happens with just a few clicks.
Local backup file for restoring Lightning channels if the wallet is uninstalled and reinstalled.
> To convince them, you need something with a different entry barrier, specifically, that of distros and the ease of personal deployment without needing to know almost anything about the internals or the architecture of a project, just "I read about it, it piqued my interest, and I want to try it out".
The above excerpt from your write-up is a summary of the Valet Bitcoin wallet.
Check it out here: https://github.com/standardsats/valet/releases or download directly from F-droid.
SET UP AN ACTUAL SELF-CUSTODIAL LIGHTNING CHANNEL ON YOUR MOBILE PHONE IN 6 SIMPLE STEPS:
- Install the Valet Bitcoin wallet
- Create a new wallet (Secure your seed phrase)
- Click on Lightning (Purple card on home page)
- Scan any Lightning node QR code
- Fund channel your channel (Any desired capacity)
- Wait for confirmation and start sending and receiving sats.

2026-02-15 00:25:34 UTC

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Kindly check your dm, I sent an important message.

2026-02-14 18:02:15 UTC

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I will need to send you a DM. I tried to publish but there's an issue and I guess it should be talked privately.

2026-02-13 23:44:59 UTC

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👍

2026-02-13 20:12:47 UTC

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Tried publishing it wouldn't go through cos of the npub issue. So, please where do I submit the npub to for whitelisting?

2026-02-13 19:25:37 UTC

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Thanks for your feedback.
How do we get our npub whitelisted, and what constitutes to enough reputation to not require whitlisting?

2026-02-13 11:57:57 UTC

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Every sound money must first be a good savings vehicle before it can serve as a good cash instrument. That is the reason why Fiat is shit.
Bitcoin is based on Austrian economic principles, where "Savings" and "low time preference" are regarded as the bedrock for economic growth.
Bitcoin is both a good savings instrument and also embodies all the qualities of a good cash instrument.
And no, the momentum isn't dead.

2026-02-13 11:46:18 UTC

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"Incentivize spending and holding Fiat"
Anyways, we do only one thing "buy non-KYC'd Bitcoin in cold storage"
But it'd be interesting to see how long that policy is sustained without a public outrage.

2026-02-13 11:24:17 UTC

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👍

2026-02-13 11:21:04 UTC

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This is where "Buying non KYC'd Bitcoin in cold study" comes in.

2026-02-13 11:11:40 UTC

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But why'd a government want to disincentivize investing? It's mind blowing how such a bill was deliberated and passed by actual humans.
Like you mentioned, it'd be interesting to see how capital losses work.

2026-02-13 11:06:51 UTC

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I was asking about the message you quoted from my initial write up, and why you quoted it?

2026-02-13 11:03:23 UTC

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What do you think, Fox?

2026-02-13 10:56:20 UTC

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Absolutely, there's a long way to go, but at the same time, it is not that far out again. A lot of things have been built; only adoption is slowing down, but it'd catch up.
When you research free banking and why it "failed", you'll find out that most of the acclaimed reasons why it was stopped were largely things that the government could've managed if they wished to.
One of the reasons, and what may be considered as the major reason, was "war financing". The government needed to exert full control over money to be able to finance wars. They wouldn't be able to do that if different banks kept issuing different currencies that often had different values.
Bitcoin, from design, is made for free banking, and unlike when gold and silver (whose reserve claims were not easily verified) were used as reserve assets, bitcoin, on the other hand, is readily verified through several cryptographic proof of reserve systems.
Today, we already have financial solutions that make Bitcoin the base layer on which currencies can be issued.
Fiat channel is one of those, and many other versions of the same solution exist.
FIAT CHANNEL:
Fiat channels enable the creation of synthetic stable value fiat assets on the Lightning Network, with Bitcoin serving as the underlying asset being transferred.
The Fiat channel protocol was coined from the original Hosted Channels protocol. In this case, when a client receives Sats over the channel, the Fiat value as at when received is locked in as a stable balance, while the Sats valur keep floating with the Bitcoin price movement.
To ensure that the client can always spend the sats worth of their locked-in stable amount (at any given Bitcoin market price), the Host (who's the lightning node runner) must hedge the fiat exposure of the client, and must balance this hedging each time a withdrawal or deposit is made.
So at all times, what the client sends out when making payment is Sats, but the face value is denominated in Fiat.
So the Host must have Sats on his node to route the client's payment, and must hedge the client's fiat exposure, balancing these positions at all times.
This is a typical free banking setup where several Hosts can run lightning nodes with Fiat channel plugins and hedging mechanisms to offer this service to any willing client.
We are currently researching how to enforce cryptographically verifiable proof of reserve and hedging capital/margin.
This is a work in progress, but so far it has been implemented on Valet, and users can already open Fiat channels to our SATM nodes.
Valet: https://github.com/standardsats/valet/releases
Fiat Channel: https://github.com/standardsats/fiat-channels-rfc
SATM node QR: 👇 https://blossom.primal.net/f29c22a92e5616dee1ac18702ab413f878c992d825e0fedb109f6216c4bedd7e.jpg
SET UP STEPS:
- Install Valet and create a wallet (copy 12 phrase keys)
- Click on Lightning
- Scan Node QR
- Scan the attached QR code
- Select "Request USD Fiat channel."
- A 500,000 Sats capacity Fiat channel will be opened automatically, and you can start receiving Sats on the go, and watch how it works.
NB: At any point, you can sweep your Fiat channel balance into your normal Lightning channel.

2026-02-13 09:59:27 UTC

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🫡
Keep stacking!!

2026-02-13 09:57:14 UTC

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Thanks for the suggestion, it is helpful.
Do check out Valet Bitcoin wallet here: https://github.com/standardsats/valet/releases

2026-02-13 09:53:11 UTC

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We wanted to publish Valet Bitcoin wallet some time ago, but according to @nprofile…qyxr it required that our Nostr pubkey got some number of followers, and whitelisting wasn't working as at then.
Also, this link "https://zapstore.dev/docs/cli/publish" leads to a dead end now.
Please how do we go about that now?

2026-02-12 12:36:49 UTC

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Here's the correct GitHub link to install Valet: https://github.com/standardsats/valet
There was a typo error in the link in my previous message

2026-02-12 12:32:58 UTC

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This is a very simple and useful beginner Lightning tips, and you have very well captured the main points.
To you "point 4", we'll just add an extra wallet recommendation for beginners; Valet Bitcoin Wallet.
Valet is an Android-only, self-custodial and lightweight Bitcoin and Lightning wallet. With Valet, beginners have access to actual mobile Lightning nodes without without any LSP intermediation or any sophisticated custodial setup. Users can open and close channels to and from any node, manage their liquidities with various felxibilities.
Wallet recovery is of two kinds; The first involves only the use of seed phrases, and this recovers on your on-chain funds. When this method is used, any lightning channel the user has will be force closed and the balances be returned to their on-chain wallet.
The other method is seed phrase + locally saved backup file. Once a user sets up a lightning connection on their device, a backup file containing the state of their lightning connection is saved locally in their downloads folder. During recovery, a user combines this local backup file and the seed phrase to recover their on-chain balance, as well as all active lightning channel.
For beginners who may yet not have some Bitcoins to open a normal Lightning channel, valet also has a custodial lightning implementation called "Hosted channels". Just like in a normal channel opening, a valet user must scan the QR code of a lightning routing node that supports Hosted channel, and request a channel opening. It does not require liquidity commitment. More like a credit channel that starts with a zero balance.
The user can only send out payments when they've received sats on their channel. It retains the anonymity of the normal Lightning channels because the Host does not know who the client is.
Valet is available on F-Droid, and can be installed directly from GitHub here: https://github.com/standardsats/valet.
Will be available on Zaptsore and Google Play Store soon.

2026-02-12 12:10:33 UTC

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You may also love to have a look at Valet Bitcoin wallet (a fork of the old Simple Bitcoin Wallet - SBW).
Valet hosts:
- On-chain Bitcoin wallet access with BIP39
- Actual lightweight mobile lightning node where users can open channels to any lightning node, close channels, and manage liquidity. No LSP intermediation.
- Hosted Channels: A form of custodial lightning implementation that enables seamless onboarding to the Lightning network.
Real Bitcoin soveriegnty now possible with a hardware requirement as cheap as a 2018 Android device model.
Valet is available on F-Droid, but can also be installed directly on GitHub, here: https://github.com/standardsats/valet
Coming soon to Zaptsore and back on the Google Play Store.
If you love to contribute, join our Telegram chat here: https://t.me/StandardSatsCommunity

2026-02-12 11:49:51 UTC

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> Bitcoin-backed banks will solve these problems. They can work like banks did before the nationalization of currency. Different banks can have different policies, some more aggressive, some more conservative. Some would be fractional-reserve, while others may be 100% Bitcoin-backed. Interest rates may vary. Cash from some banks may trade at a discount to that from others.
The above is an excerpt from Hal Finney's post on the Bitcoin Talk forum on December 30, 2010.
Fractional reserve banking, for what it actually is, is not what traditional banking systems practice. And the notoriety and abuse of that practice stems mainly from the faith in government bailouts, and the lack of real consequences for risk abuse.
With Bitcoin, there'll be no bailouts; hence, a fractional reserve setup in this system wouldn't be bastardized, no crazy risks, and a run is imminent in the event of abuse, cos there's no backstop.
So yeah, it enables Fractional reserve to be what it is actually meant to be: lending out part of deposits, knowing that a default in debt means absolute loss of the loan asset, and an abuse leads to a catastrophe in the event of a run.
This enforces transparency because depositors get to understand the risk they're taking.

2026-02-12 10:18:46 UTC

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Okay, that's right

2026-02-11 02:41:34 UTC

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Very well captured!!!!
Bitcoin onchain is the base money ontop which credit can be created on other layers, but the base layer enforces the rules which prevents inflation and debasement.
That is it!

2026-02-11 02:38:36 UTC

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About your last paragraph, have you heard about "mobile lightning nodes"?
I mean, actual nodes, not some LSP powered nodes. Check out Valet Bitcoin wallet.
It is a Lightweight mobile wallet that runs an actual lightweight lightning node on mobile devices. Users can open and close channels, and manage liqudity.
There's also "Hosted Lightning channel", a custodial implementation that enable cheap and seamless onboarding on lightning, without giving up users privacy.
All of these are already implemented on Valet Bitcoin wallet, and this wallet can run on any Android device, as old as Android version 8.
Check out Valet below and share with others: https://github.com/standardsats/valet
Download and install fromF-Droid, or directly on GitHub. Coming soon on Google and Zaptsore.

2026-02-11 02:19:21 UTC

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The mistake we often make is the assumption that people (read no coiners) often understand the implications of inflation, even in "stable" economies.
Reality on ground is that human inclination tilts towards whatever it perceives as safe. Even in highly inflated economies, people hardly accept Bitcoin (writing from first hand experience).
So for anyone who's not an actual Bitcoiner, Bitcoin is not entirely a safe haven cos of price fluctuation.
Given that bias, the easier way Bitcoin's adoption as a medium of exchange actually grows is that Bitcoiners who understand what Bitcoin is must be willing to spend it, and must learn to request to make payments with Bitcoin whether a merchant actively accepts it or not.
It is the easiest and most effective form of awareness and sensitization. Again, without actual demand, at best, it'd be Bitcoiner merchantsthat will most often display willingness and readiness to accept Bitcoin for payments.

2026-02-11 02:08:41 UTC

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Discount for paying in Bitcoin is NEVER and has never seemed like a sustainable way of making Bitcoin a medium of exchange.
Users must be willing to spend Bitcoins as money and not coerced through unsustainable incentives.
If anything, it looks like trying to cut corners!! People who hold Bitcoin must be convinced enough and willing to spend it by requesting to use it when they need to make payments.
That is the natural and only sustainable way bitcoin becomes a widely used means of exchange, especially considering the fact that most merchants run fully on Fiat.
If we make a survey, you'll find out that most merchants who give these discounts are probably Bitcoiners who already understands the point, or merchants that use POS's (e.g Square POS) where the POS provider most likely makes up for the discount, because they're trying to promote Bitcoin usage.
There's hardly any merchant who's not a Bitcoiner that'd give discount when users opt to pay in Bitcoin (that is if they agree to accept it), and Bitcoin becomes an actual medium of exchange when a merchant who probably does not fully understand the core values of Bitcoin starts accepting it because it is widely accepted as money.
That kind of ripple effect only happens when there's demand for Bitcoin as a payment option, and that demand will be driven by Holders' willingness to spend it, and not merchants readiness/willingness to accept it.

2026-02-11 01:53:14 UTC

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Another way to think about it.
Bitcoin generally makes human life better, cos the understanding that it is hard money, and hence must only be spent on actually valuable purchase reinforces the idea of time preference and human improvement through actual hard, real work.

2026-02-11 01:48:44 UTC

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Absolutely!!
Valet was designed to be fully self-custodial, and it is.
Hosted channels is an implementation included to ease onboarding for new Bitcoiners who may not have both the funds and knowledge to use Lightning on self-custody from the start. However, users can easily sweep funds from a Hosted channel to their self-custodial Lightning channel on Valet with a single click, and no permissions required.
Hosted channels are also completely private because they're just like normal channels, only different because funds are held on Host's (routing node) side, but preimage generation, route finding and onion formation all still happen on the client side.

2026-02-11 01:42:58 UTC

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Wallet are often universal. I bet the writer framed it for US new Bitcoiners cos that is his major audience.
That being said, Valet Bitcoin wallet is an awesome beginner friendly self-custodial wallet that runs an actual mobile lightning node, no LSP intermediaries.
Valet also has a simple and robust recovery set up. Seed phrase only for recovering only on-chain balance, and Seed phrase + locally saved backup file for recovering full wallet (including all lightning channels).
Available on F-Droid, and coming back soon on Google and Zaptsore. Direct installation is also possible on GitHub release page
GitHub: https://github.com/standardsats/valet

2026-02-11 01:35:34 UTC

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A cool list you made there. I'm sure you've not checked out Valet Bitcoin wallet, perhaps you could've added it to your list.
Valet is a lightweight Bitcoin/Lightning beginner-friendly wallet designed with the IMMORTAN library. (actually forked from the old Simple Bitcoin wallet which no longer support Lightning)
Immortan is a mobile focused lightning network library stack. Valet hosts an actual self-custodial mobile Lightning node where users can open channels and manage liquidity.
The node is lightweight, hence, Bitcoin blockchain data and information is often fetched from external electrum servers integrated. Experience users may also connect their own electrum server as the case may be.
Less than 32mb in size, and Android focused, it is suitable for users navigating into Bitcoin for the first time.
Recovery is through seed phrase, and a backup file saved in users phone that must be used together with seed phrase to recover lightning channels.
Valet is available on F-Droid, and coming back soon to Google and Zapstore. Can also be installed directly from GitHub
GitHub: https://github.com/standardsats/valet
Valet user tutorial: https://planb.academy/en/tutorials/wallet/mobile/valet-447d94ab-143e-4598-8451-3229aee3a443

2026-02-11 01:24:35 UTC

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Captai n Jack, why do you call them shitwallets?
Have you checked out Valet wallet (a fork of the old Simple Bitcoin Wallet).
Actual mobile lightning node without LSP intermediaries., with recovery files for Lightning channels saved on users device.
Here: https://github.com/standardsats/valet

2026-02-11 01:22:00 UTC

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Check out Valet, lightweight Bitcoin/Lightning self-custodial wallet. (Fork of the old Simple Bitcoin wallet).
Actual mobile lightning node.
Here: https://github.com/standardsats/valet

2026-02-11 01:19:46 UTC

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Valet Bitcoin wallet (fork of the old Simple Bitcoin Wallet which has now stopped support for Lightning)
Valet provides actual lightning node on mobile, plus custodial, privacy focused Hosted Lightning channels.
Here: https://github.com/standardsats/valet

2026-02-11 01:16:53 UTC

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An excellent post for new #Bitcoiners.
Adding Valet Bitcoin wallet in that list would be very useful because Valet is a mobile, beginner-friendly, self-custodial Bitcoin/Lightning wallet.
Valet runs an actual lightning lightweight node on the device. So very suitable for beginners to experience Lightning in actual self-custody on mobile.
Here: https://github.com/standardsats/valet
Valet is a fork of the old Simple Bitcoin Wallet (which has now dropped Lightning support).

2026-02-11 01:03:26 UTC

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Add "Valet Bitcoin wallet", self-custodial, lightweight lightning mobile node", with NWC in view (next version release)
https://github.com/standardsats/valet

2026-02-11 00:59:12 UTC

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Check out Valet Bitcoin wallet, a self-custodial Bitcoin/Lightning wallet we built (forked from the original Simple Bitcoin Wallet which no longer supports lightning, actually).
Valet houses an actual lightweight Lightning node, with a robust backup file that saves in your devices as soon as you open a lightning channel. This backup file + your recovery phrase ensures that you enjoy actual self-custodial Lightning usage on mobile with confidence.
Valet was built with the immortan library, a mobile-focused lightning network stack.
Long talk cut short, check it out:
GitHub: https://github.com/standardsats/valet

2026-02-11 00:54:50 UTC

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Self custodial mobile Lightning is frustrating until you try out Valet Bitcoin wallet.
Experience an actual lightweight lightning node on mobile, no LSP intermediaries. Built with immortan library.
Backup on Valet are of two types:
- Seed phrase only (With seed phrase only, if you had a Lightning channel open before trying the recovery, your Lightning channel connections will not be restored. They'll be force closed and returned to your wallet)
- Seed Phrase + Recovery file (As soon as you set up a Lightning connection on Valet, a recovery file is created and saved in your downloads folder in your device. During recovery, you simply choose this option and all your Lightning channels will be recovered. This file often saves your last channel state and channel info, helping seamless recovery and boosting confidence in using Lightning on mobile)
Yes, we designed Valet, and it is completely open-sourced.
Here:
Valethttps://github.com/standardsats/valet (Also available on F-Droid, and coming soon on Zaptsore)

2026-02-11 00:46:44 UTC

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Wanna checkout Valet Bitcoin/Lightning wallet? Explore actual lightweight Lightning nodes on mobile, extra lightning features like Hosted lightning channels (Custodial and seamless Lightning implementation that preserves privacy like a normal Lightning channel). Built with the Immortan library
Here: https://github.com/standardsats/valet, https://github.com/standardsats/hosted-channels-rfc, https://github.com/standardsats/immortan

2026-02-11 00:40:14 UTC

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Hi Sachin, we built Valet, a lightweight, self-custodial Bitcoin/Lightning wallet.
Wallet was built with the IMMORTAN Library, a mobile-focused lightning network stack. Valet houses an actual lightweight Lightning node on the mobile device, and it does not rely on LSP provisions to work.
Users are able to open channels to any Lightning node, manage their funds, etc. The node is lightweight, hence it sources Bitcoin blockchain information from external Electrum servers. On Valet, we use random Electrum servers; however, users have the ability to connect to their own servers.
Valet was designed with a community focus, completely mobile-only. Hosted channel is another feature of Valet that is interesting. Also built with the IMMORTAN library, hosted channels is a lightning implementation that enables opening of custodial Lightning channels without giving up users' privacy.
It uses a Host/Client setup where a Host is any entity running a Lightning routing node with the Hosted channels plugin, whereas a client is any wallet software (custodial or non-custodial) that has the client-side code of the Hosted channels protocol implemented, e.g Valet.
Client anonymity is preserved because preimage generation, route selection, and onion formation all still happen on the client side.
I think it'd be cool if you could check out Valet and the IMMORTAN library.
Here:
Valet: https://github.com/standardsats/valet
IMMORTAN: https://github.com/standardsats/immortan
Hosted channels: https://github.com/standardsats/hosted-channels-rfc
We have a small telegram community where we discuss development, features, and general contributions. Feel free to join the chat if you use Telegram: https://t.me/StandardSatsCommunity
We'd love to get your contributions and to share them with everyone in the community, especially Lightning enthusiasts like you. 🤩

2026-02-10 13:13:34 UTC

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Hi @nprofile…3j2p I look forward to another episode with Dr. Cruz. Loved the last one on npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8

2026-02-10 12:51:54 UTC

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Everyone, we built (still building) IMMORTAN LIBRARY, a mobile-focused, lightweight Lightning stack developed with Scala. With immortan, we built lightweight mobile lightning nodes, where users take actual control of their nodes without LSPs or any sophisticated custodial setup.
Immortan: https://github.com/standardsats/immortan
Hosted channel: Built with the IMMORTAN Library, Hosted channels are a lightning channel protocol that enable creation of custodial Lightning channels without giving up privacy.
It offers a seamless and cost-effective way to use lightning without jeopardizing a user's privacy.
Hosted Channels: https://github.com/standardsats/hosted-channels-rfc
Plugin: https://github.com/standardsats/plugin-hosted-channels
We've implemented mobile lightning node and Hosted channels on Valet Bitcoin, our self-custodial, lightweight Bitcoin/Lightning wallet.
Check it out here: https://github.com/standardsats/valet
Join us on Telegram and contribute actively to this project: https://t.me/StandardSatsCommunity

2026-02-10 12:41:04 UTC

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We applied

2026-02-10 11:57:12 UTC

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We've been talking about IMMORTAN LIBRARY, a mobile-focused Lightning network stack built with Scala.
Immortan library makes it possible to have actual self-custodial lightning nodes on mobile devices. No LSP needed, no bridges.
We also built Hosted Lightning channels with IMMORTAN Library. With Hosted channels, you can open anonymous custodial channels to a a Host (Lightning node runner). It is an easy and cost effective to onboard users on Lightning.
We've all of these implemented on Valet Bitcoin, our lightweight, mobile Bitcoin/Lightning wallet: https://github.com/standardsats/valet
Might want to check out IMMORTAN here: https://github.com/standardsats/immortan

2026-02-10 11:38:11 UTC

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Pretty cool wallet. Brings back memories.
If you are going to build a mobile version, you may want to explore IMMORTAN LIBRARY for the mobile Lightning node.
An actual self-custodial lightweight Lightning node on mobile devices, where users are fully in control of their funds, not trusting any LSP.
Here: https://github.com/standardsats/immortan
For context, we already implemented IMMORTAN on Valet, our mobile Bitcoin/Lightning wallet. here: https://github.com/standardsats/valet
I bet a mobile version of this will be so cool for kids.

2026-02-10 08:48:32 UTC

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> Bitcoin adoption isn't zero-sum replacement, it's parallel infrastructure building.
📌

2026-02-10 00:04:26 UTC

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If they (producers/vendors/busniesses) refused Fiat but there are not customers willing to pay with Bitcoin, what happens next....They go out of business?
Bitcoin's adoption of a medium of exchange starts from users requesting for it and creating demand.
Merchants will naturally respond to the demand by making provisions to accept Bitcoin payments.

2026-02-09 23:57:17 UTC

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> People will choose cheaper ways for payments, and the network will get insecure and useless.
This is an assumption that more people will use Lightning, thereby resulting in less onchain activites and hence poor security, but that assumption is largely incorrect.
If anything, the use of Bitcoin via on-chain and Lightning will actually be balanced out because, if more people start using Lightning, there'll be fewer transactions on-chain, hence on-chain fees will drastically reduce, making it an incentive again for people to use on-chain, especially since it ensures better finality and security than Lightning.
Also, the idea of mobile Lightning nodes makes it a lot easier. With mobile Lightning nodes like what you have in the Valet Bitcoin wallet (https://github.com/standardsats/valet/releases), people can seamlessly use Lightning, as well as easily switch to on-chain usage when it becomes more economically incentivized.
But the ratio of transactions happening on the Bitcoin on-chain network will always be higher than the ratio of transactions happening on the Lightning network. The finality and security guarantee of using Bitcoin on-chain is why this assumption will always be true.

2026-02-09 23:09:59 UTC

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We often quickly forget that the world currently runs on a government-imposed Fiat Standard and that virtually everything is intricately tied to it, most especially the essence of human survival: "trade and commerce".
The chain of commerce is often long and heavily intertwined with the Fiat system, so we should not expect the shift to happen from the Vendors first.
Bitcoiners must develop the habit of always requesting payment or making payments in Bitcoin first, before exploring any other options.
The moment it becomes a trend that people are actively asking for this form of payment, merchants will move with the tide.
If demand for Bitcoin payments is high, merchants will make provisions to start accepting Bitcoin payments, and consequently, they'll start proposing to pay for suppliers/producers/raw materials in Bitcoin, and the chain expands.
Money is democratic, and the power to institute a monetary media as money resides with the people, not merchants.

2026-02-08 11:19:19 UTC

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> Every 'no' today builds the case for accepting it tomorrow.
📌

2026-02-08 10:48:16 UTC

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The standard should be that Bitcoiners must learn to "always first ask if they can make payments with Bitcoin whenever they're making purchases, and must always first request to be paid in Bitcoin when they do business or render services"
There are millions of Bitcoiners, and just like you said merchants would learn that demand exists. It is only demand that yields adoption.
However, it is unfortunate that even Bitcoiners are now largely more interested in the next ATH, which kep relegating Bitcoin to "store of value," and that's the issue.

2026-02-08 10:34:02 UTC

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Heard about forking?

2026-02-06 16:27:01 UTC

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A lot of people who do this are folks who missed out early.
Coward enough not to accept they did, and get in immediately.
Resorts to touting anyone they know who is a Bitcoiner.
Hoping Bitcoin's Fiat Valuation (a.k.a price) becomes nothing.
A hope that never ends.

2026-02-06 16:20:07 UTC

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🙋
Follow us so that our nostr pubkey will be eligible to allow us make Valet Bitcoin wallet available on Zapstore.
Valet is a mobile lightning/Bitcoin wallet designed for local Bitcoin communities, which simplifies Lightning usage by providing lightweight lightning nodes on mobile, giving users an actual self-custodial lightning experience on mobile without relying on any LSP or obfuscated custodial solutions.
For beginners, new coiners, Valet also has Hosted channels, an anonymous but custodial Lightning implementation that enable seamless and cost effective Lightning onboarding. This is particularly useful for local Bitcoin communities where most users may not be able to afford self-custodial lightning usage due to liquidity requirements.
Valet GitHub: https://github.com/standardsats/valet
Hosted channels GitHub: https://github.com/standardsats/hosted-channels-rfc
Valet is currently available on F-Droid, or via direct .apk download on GitHub.

2026-02-06 16:08:14 UTC

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These types of setups are often for little stacks that serves for frequent spending. The golden rule is to stay self custodial, either running your node or using mobile lightning nodes.
We built Valet Bitcoin wallet, a lightweight self-custodial mobile Bitcoin/Lightning wallet for this purpose.
Valet has a a lightwieght Lightning node on your mobile device. Users can open channels, close them, manage their liquidity etc. It was designed with the IMMORTAN library lightning network stack.
Valet makes it easy to use Bitcoin both on-chain and via Lightning, all in self-custody.
On the other hand, it also houses "Hosted Lightning chanells", just like ecash, hosted channels use a Host/Client setup where the Host is any entity running a Lightning node and a client is a Valet wallet user (or any wallet that implements the client code).
Users open a Hosted channel like a normal channel, by scanning a Host node's QR code, preserving their full privacy because preimage generation, tour routing still happen on the client. It is custodial because the Host keeps the funds in their node.
Users can easily sweep sats from Hosted channels to their normal Lightning channels without any permission.
Small Funds to spend - Hosted channels
Big Lightning funds - Self-custodial Lightning channel via mobile node
Big bag - On-chain
Generational savings - Cold Storage
Valet: https://github.com/standardsats/valet
Hosted channels: https://github.com/standardsats/hosted-channels-rfc
Install Valet directly from GitHub or get it from F-Droid.
However, if we can get enough followers here, our nostr pubkey will be eligible to allow us put Valet on Zaptsore.
In the Bitcoin ecosystem, there are enough options, always check them out!!!

2026-02-06 15:50:25 UTC

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Hi tony, cashu is absolutely great, but have you heard about Hosted Lightning channels?
You know in the Bitcoin ecosystem, there are a pool of options, so you never run out.
Check out Hosted channels here: https://github.com/standardsats/hosted-channels-rfc
This is already implemented in Valet, a self-custodial Bitcoin/Lightning wallet we built.
Here: https://github.com/standardsats/valet
Hosted channels was designed with IMMORTAN Library, a mobile focused lightning stack.
You can install Valet directly from GitHub, or get it on F-Droid. If you give us a follow here, our nostr pubkey could become eligible to allow us make Valet available on Zapstore.
Happing testing 🤩

2026-02-06 15:20:55 UTC

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Spot on!!
Everyone, here's what we are building:
Valet Bitcoin wallet, a lightweight, self-custodial Bitcoin/Lightning wallet.
Valet was built with IMMORTAN LIBRARY, a mobile-focused Lightning protocol stack for designing lightweight mobile Lightning nodes.
Valet equally supports Hosted channels, a custodial lightning protocol implementation built with IMMORTAN.
Through a Host/client mechanism, it provides an anonymous, seamless, and cost-effective way of onboarding users to Lightning, particularly for Local and remote Bitcoin communities/Economies where most users may not be able to afford self-custodial Lightning usage at first.
Learn more about Valet and Hosted channels here:
Valet: https://github.com/standardsats/valet, https://valet.finance/
Hosted channels: https://github.com/standardsats/hosted-channels-rfc
Check out this simple guide on how to use Valet on @nprofile…x23h tutorial platform: https://planb.academy/en/tutorials/wallet/mobile/valet-447d94ab-143e-4598-8451-3229aee3a443
You may also join our Telegram chat, where we discuss the project: https://t.me/StandardSatsCommunity
Valet is available on F-Droid, and will be made available on Zapstore if you follow us here.
#Stay_humble! #Stack_Sats!# #Spend_Sats!!!

2026-02-06 12:29:18 UTC

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Everyone, kindly check out this "shitpost" 😄 :
Valet, a lightweight, non-custodial Bitcoin/Lightning wallet. Valet was built with the IMMORTAN LIBRARY, a mobile-first focus Lightning protocol stack.
Supports lightweight lightning node on mobile devices, and also has supported for Hosted Lightning channels, a custodial lightning protocol that ensures users stay anonymous, albeit funds are custodied by the Host.
This solution is particularly useful to Bitcoin communities and locals where opening and running a self-custodial Lightning channel will be costly due to Liquidity requriement.
With a community-focused approach, Hosted channels serve as a seamless, cost-effective starting point for these new users.
Valet is currently available on F-Droid, and if you follow us now, Valet will be available on Zapstore too
Please check out the Valet Bitcoin wallet below:
Website: https://valet.finance/
GitHub: https://github.com/standardsats/valet
You may join our Telegram chat where we directly discuss this project: https://t.me/StandardSatsCommunity

2026-02-05 12:21:08 UTC

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Hi Herald, do you know about Hosted Lightning channels?

2026-02-05 10:33:46 UTC

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Awesome video joe.
Could you please try out Valet Bitcoin wallet.
Self-custodial Lightning, as well as Custodial Hosted Lightning channels for easy onboarding.
Here: https://github.com/standardsats/valet/releases

2026-02-05 10:06:36 UTC

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Curious about the project itself "lean sat-dispensing machine". 🤔

2026-02-05 10:01:01 UTC

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Fixed it for you:
"stay humble, stack sats, spend sats"
A lot of people still do not own sats, so the stacking i still neccessary.

2026-02-05 09:52:06 UTC

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Doesn't have to be "on chain".
The ability to use Bitcoin via on-chain, self-custodial lightning, or even via hosted lightning model is the ultimate power.
It provides room for people who are skeptical about custody or who are less equipped to do so (technically and otherwise), while at the same time ensuring that anyone can choose at anytime to exit into self-custody without being resisted.

2026-02-05 09:33:36 UTC

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You're suggesting that Bitcoin should have adopted slow dilution instead of a hardcap?

2026-02-05 09:29:58 UTC

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Cool, intelligent, and patient argument.
I think these lines below summarize it:
> I would just say that "Bitcoin design is incentivizing holding" is a feature of all money. For how long depends strictly on the scale of inflation of supply. You can hold dollars longer than you can hold Naira, but you can hold gold longer than you can hold dollars, and you can hold Bitcoin longer than you can hold gold, while maintaining value. There's a through-line as to the reason.

2026-02-05 09:10:15 UTC

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> So, inter-custodians transaction are verifiable, and if disputed will fall back to L1.
📌

2026-02-05 09:07:49 UTC

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> In this case, it’s only the risk of unilateral exit down the layers back towards the mainchain that acts as a constraining function on inflationary shadow dynamics in a layered Bitcoin monetary standard.
This is why whatever is built on L2 would hardly ever be inflationary, because at the end of the day, reconciliation happens on L1, where you can never game the rules.
The major risk associated with L2s, especially when used in custodial mode, is "maliciousness or theft by the custodian."

2026-02-05 08:46:36 UTC

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There's equally a CG tax on Bitcoin for Global Southerners, especially most of the very large countries.
We have millions of Bitcoiners all over the globe, so perhaps the best route for now is for all Bitcoiners to make it a duty to always first "request to be paid for their services, jobs in Bitcoin, albeit we know that some employees or contractors wouldn't oblige, but the subtle awareness that "people are willing to accept this thing" for payment, registers in the mind.
Also, we should always casually ask to pay in Bitcoin whenever we are about to make payment.
Demand creates supply, and people like to do things when they see that there's a market demand for it.

2026-02-03 02:02:39 UTC

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@nprofile…fhp7 we need more followers to get our self-custodial Lightweight Bitcoin wallet, Valet approved on Zapstore.
https://github.com/standardsats/valet/releases

2026-02-03 01:43:45 UTC

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Hi BTC Sessions
Could you please checkout Valet Bitcoin wallet, and make a review of it. Valet is a lightweight, mobile, Bitcoin and Lightning wallet.
We built Valet, forked from the popular Simple Bitcoin Wallet (SBW) which has now dropped Lightning implementation.
Valet has self custodial Lightweight Lightning nodes on mobile. So users can open channels to any nodes, manage their channels and liquidity. Blockchain data is however fetched from random external electrum servers, however, users can use custom electrum servers if they wish.
The lightweight mobile Lightning node is designed with the IMMORTAN LIBRARY.
Valet also has the "Hosted channels Lightning Implementation". Hosted channels is a custodial lightning implementation that enable seamless onboarding of new users to Lightning. It uses a Host/Client setup, where the Host is any entity running a Lightning node with the Hosted channels protocol plugin, and a client is any wallet software with the Hosted channels client side implementation like Valet.
A client and a Host sets up channels without liquidity commitment, making it easy to onboard people who are starting out to use the Lightning Network. This is particularly useful for merchants in Bitcoin communities because It removes the headache of managing channels and the need for liquidity without compromising privacy.
Clients remain anonymous because the preimage generation and onion formation and route selection still happen on client side, so a Host would never know whom a client is.
A fraud proof exists in the form of a "cross signed channel state". This is a record of every transaction within the channel, kept by both the client and the Host. Since it is custodial, the host can still be malicious and steal the funds, but the cross signed channel state is a cryptographic record that serves as an evidence of fraud or maliciousness.
Hosted channels is particularly useful to Bitcoin communities and circular economies, where community leaders can run Lightning nodes and provide Host services to users within the community.
In broader sense, renowned entities may also offer the services of a Host to the public. The privacy ensures that users (clients) can not necessarily be censored since the Host would never know who they are.
Valet is available on F-Droid, and waiting approval on Zapstore.
GitHub: https://github.com/standardsats/valet
Website: https://valet.finance/

2026-02-02 14:40:13 UTC

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Valet Bitcoin, too.
Real nodes on real mobile phones!!

2026-02-02 14:39:16 UTC

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"Valet Bitcoin wallet" belongs to the category 2 of the Lightning wallets mentioned above.
A lightweight Lightning node built with the IMMORTAN LIBRARY, that exists on the mobile device. Can open and manage channels. None LSP dependent.
You may check it out here: https://github.com/standardsats/valet/releases
Available on F-Droid and soon on Zapstore.

2026-02-02 11:21:59 UTC

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Lightning on Signal!! Yess!!

2026-01-22 11:16:53 UTC

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Here's a confirmation that we will go Bitcoin standard!!! Bitcoin is perfect for "Private-Public Partnership" the governor talked about, but he's yet to understand it.
Brian rightly mentioned, Bitcoin is good for check and balances of deficit spending. Bitcoin will seamlessly be integrated into the Fiat banking system as the base asset, ensuring trust for the value of currencies issued by banks.
There'll be full Bitcoin server banks and there will be fractional reserve banks. People will decide which one they'll trust and use more. - Hal Finney (of legendary memory) predicted this.
It is only a matter of time, and a very short time at that!!