Ending the year off strong!

Over the last few months, we've been preparing our wallet for Fedimint integrations. Today marks the first release with Fedimint support ready for alpha testing!

https://m.primal.net/HVrM.png

Fedimint is software for managing federated custodian funds. It's similar to the trust model of Liquid but better privacy and without a blockchain involved. It also has first-class support for Lightning.

The way we've gone about the integration is to seamlessly smooth over the edges that exist in self-custodial Lightning. Our hybrid approach will use a configured Federation when needed. Otherwise, it uses self-custodial Lightning if it exists for the user. This helps things like channel reserves, channel minimums, high chain fees to get started, etc.

You may add a Federation alongside your existing wallet or start with one without needing to open channels or pay on-chain costs. We recommend keeping the value low since this is a very early release, and there are some known features that we still need to develop.

https://m.primal.net/HVrN.png

It should feel and act like the same Mutiny Wallet with some caveats around backups for now.

A massive shoutout to the Fedimint team for their recent v0.2 release. It's still early for them and us, so all testing and feedback is welcomed! This does rely on having a federation invite code. We suspect that, over the next few weeks and months, more mainnet federations will pop up. There is not a default one built into the wallet.

We should also have Lightning Address support in a few weeks that works through federations. Kody has already started that work, and it seems promising: https://github.com/Kodylow/hermes

Also, there's beginning work on supporting the Lightning Service Provider Specification, which will eventually allow more plug-and-play support for any LSP to power Mutiny. This will be huge for more advanced node runners as the spec matures. Huge shoutout to John Cantrell for that work.

A lot of core infrastructure has been built into this release. Let us know if there are any problems; it should be identical to previous versions if you do not configure a Fedimint or different LSP.

Expect much more to come soon. Happy new year!


Felicitaciones por todo lo que hacen 👌👏👏


Bitcoin is now ready fer mass adoption

nostr:nevent1qqsgjddqu3wvwsn4efynhs9d3dugnlwdvcewfptzl0ga0autzl9dnecpz9mhxue69uhkummnw3ezuamfdejj7q3qmutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyqxpqqqqqqzzzgqss


Very cool, finally.


Excited for this!


Sounds almost too-good-to-be-true: Fedimint support coming to a major Lightning wallet!

nostr:note13y66pezucap8tjjf80q2mzmc387u6e3jujzk97736lmck972m8ns00s3j7


Wen federation with nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5


this setup sounds way more appealing to me for nostr wallet integration than plugging in something where you have to pay tribute to Tim Apple before using it


Pretty pretty pretty cool


STRAIGHT FIRE - BULLISH ON THE FEDIMINT HYBRID APPROACH 🫡


What are all the potential use cases for Fedimint?


I’m not a dev, but having followed this project peripherally this feels groundbreaking! Kudos.


Fuck. Yes. 🔥🔥🔥🧡


Sounds like a big milestone!

nostr:note13y66pezucap8tjjf80q2mzmc387u6e3jujzk97736lmck972m8ns00s3j7


I would love for someone to explain what they mean by better privacy than liquid network. I thought one of the features of liquid was private transacting?
#asknostr
nostr:nevent1qqsgjddqu3wvwsn4efynhs9d3dugnlwdvcewfptzl0ga0autzl9dnecpzpmhxue69uhkummnw3ezuamfdejsygxlzue8wxp0x92ax7enqggm580y4q2spspdr90fvnu3hem5ajt8pqpsgqqqqqqst7a0jd


This is huge guys! Mutiny Wallet rocks!


Would Fedimint work via zaps on nostr?


Big if true


nostr:note13y66pezucap8tjjf80q2mzmc387u6e3jujzk97736lmck972m8ns00s3j7👀


Better than custodial, easier than lightning.


Sounds amazing. I'll have to learn more about Federations before dipping my toes though.. Any suggestions? Guessing github?


Fuck yeah

LFG Mutiny


Thank you for building this.

May I ask for some guidance on where to start, if I want to play with it?

Install Mutiny Wallet, I guess and, then what?

And, what's exactly in it again? Lower fees? Better privacy?

If I have some sats today in Phoenix wallet on lightning, can I send them to Mutiny without an on-chain fee?

Thanks a lot.


Not yet. Requires a federation invite code and we're using that right now for private testing. Though anyone can spin up a federation and send out invite codes to their federation. We expect that to happen more in the coming weeks and months.


Yup! Just like the wallet does today via self custodial.


Ending the year off strong!

Over the last few months, we've been preparing our wallet for Fedimint integrations. Today marks the first release with Fedimint support ready for alpha testing!

https://m.primal.net/HVrM.png

Fedimint is software for managing federated custodian funds. It's similar to the trust model of Liquid but better privacy and without a blockchain involved. It also has first-class support for Lightning.

The way we've gone about the integration is to seamlessly smooth over the edges that exist in self-custodial Lightning. Our hybrid approach will use a configured Federation when needed. Otherwise, it uses self-custodial Lightning if it exists for the user. This helps things like channel reserves, channel minimums, high chain fees to get started, etc.

You may add a Federation alongside your existing wallet or start with one without needing to open channels or pay on-chain costs. We recommend keeping the value low since this is a very early release, and there are some known features that we still need to develop.

https://m.primal.net/HVrN.png

It should feel and act like the same Mutiny Wallet with some caveats around backups for now.

A massive shoutout to the Fedimint team for their recent v0.2 release. It's still early for them and us, so all testing and feedback is welcomed! This does rely on having a federation invite code. We suspect that, over the next few weeks and months, more mainnet federations will pop up. There is not a default one built into the wallet.

We should also have Lightning Address support in a few weeks that works through federations. Kody has already started that work, and it seems promising: https://github.com/Kodylow/hermes

Also, there's beginning work on supporting the Lightning Service Provider Specification, which will eventually allow more plug-and-play support for any LSP to power Mutiny. This will be huge for more advanced node runners as the spec matures. Huge shoutout to John Cantrell for that work.

A lot of core infrastructure has been built into this release. Let us know if there are any problems; it should be identical to previous versions if you do not configure a Fedimint or different LSP.

Expect much more to come soon. Happy new year!


Ok, thanks a lot, exciting, and so, for now, I'm standing by. All the best.


❤ from BBWHQ


Try #zapvertising


I am into it and excited to join my first fedimint


As a person with a lot of social capital in the nostr/bitcoin community do you think you would be interested in being part of setting up a #fedimint federation down the road?