RHR 333: THE $100K BITCOIN JINX WITH  nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx AND  nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy

https://cdn.satellite.earth/0ec7af85e19dda43e70977f786ae9922e7b426888236c5f1a7678fcf0fe57193.mp4


Onward 🫡


Tight rip.
Glad that bitcoin price isn't dependent on Marty reading Mandibles.


Be the change! 🧡


Great episode! Keep up the great work! Stay humble stack sats


Gold also being held under 20k in China 🙃


Great rip. Funny thing is I searched spillman channels on Perplexity AI it actually referenced the youtube RHR 333 episode.


Moving on up in the world


Marty hasn't zapped today. Love this site! https://hasmartyzapped.today/


Zap RHR or pay for a blue check? No brainer


GREAT 🎬 🔥
STAY HUMBLE  AND  STACK  SATS🫡
#NOSTR_ONLY #LIVE_FREE


ONWARD. 🫡


Does someone need to make a picture book for him to read it?


🫡 nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx 🔥 nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy 🔥 ✨🎙


Anybody knows how a backup would work in the ecash/spillman channel based approach to a self-custody LN payment wallet? Seed & descriptor? Channel state? Anything else?

#Asknostr #bitcoin

PS I note nostr:npub1htnhsay5dmq3r72tukdw72pduzfdcja0yylcajuvnc2uklkhxp8qnz3qac  hasn't been posting on nostr since 2023 😞


THE CHANNEL JUST SETTLES TO AN ON CHAIN ADDRESS, SIMILAR TO LIGHTNING.


There are a few different ways to do Spillman channels, the way I propose requires holding onto a presigned transaction for unilateral exit. This is only needed if the mint is uncooperative. This is non deterministic so you need to store it alongside your seed. However unlike lightning if you lose it the mint can’t cheat you out of any money by settling a bad state.

You can make the users unilateral exit path deterministic by implementing it as a timelocked script path instead of a timelocked presigned transaction. Then you only need your seed and nothing else to unilaterally exit.

However I like the presigned tx model better since it results in everything being a musig spend.