nostr Deposit funds in #nostr #safebox Send funds via DM to another #nostr #safebox instance Pay out funds to zap, invoice or lightning address. The result, #untraceable.… Tim Bouma Nov 11, 2024, 1:59 PM
nostr Here is a command line taste of sending an ecash token from one npub to another using #nostr #safebox. The #safebox instance on the right is listening for NIP-17 messsges containing Cashu tokens. The #safebox instance on the left is sending 1 sat to the npub via the command… Tim Bouma Nov 11, 2024, 12:38 PM
nostr Running #nostr #safebox ecash transactions between different nodes using NIP-17 as the transport and using random relays around the world. Transactions are cleared and funds transferred between wallets without even touching the Lightning Network. It all works. Wild, just wild.… Tim Bouma Nov 11, 2024, 2:31 AM
nostr Private Power Protocol ———————————— Power to Pay Privately Power to Publish Privately Power to Prove Privately Power to Permit Privately This is #nostr… Tim Bouma Nov 10, 2024, 2:11 PM
cashu About four years ago, I went deep on central banking and monetary operations. Just over two years ago #Cashu came along, then I discovered #nostr. I realized you could build an entirely new monetary and payments infrastructure using Bitcoin as the base layer, and something that could rival the likes… Tim Bouma Nov 10, 2024, 12:44 PM
nostr Hear me out. Credit is not a bad thing. It enables the monetary system to expand and contract when necessary. This was the case in Canada where the private banking system could issue notes that were redeemed at par at the competing banks. This was especially important during harvest season… Tim Bouma Nov 10, 2024, 12:30 PM
nostr Kenya orders shutdown of Telegram. Not gonna happen with #nostr… Tim Bouma Nov 10, 2024, 1:32 AM
nostr Testing zaps of amounts approaching $250 USD to demonstrate that #nostr can become a serious payments system. I'm testing with #nostr #safebox that stores the funds in relays in the form of Chaumian ecash proofs. It is working like a charm. I believe that this can become a Tim Bouma Nov 10, 2024, 1:21 AM
nostr I honestly believe zaps can become a serious payment system. I am stress testing 10k sat zaps, did a 100k zap - all with no problem. My goal is to do a 1M sat zap in the coming days. The cool thing is that the funds and balances are all managed… Tim Bouma Nov 9, 2024, 2:17 AM
nostr Power Protocol ————————— Power to Pay Power to Publish Power to Prove Power to Permit This is #nostr… Tim Bouma Nov 8, 2024, 11:45 PM
nostr Achievement unlocked! I tested a 100k zap which is about $104CAD. A bit nerve-wracking to be testing bigger and bigger amounts, but #nostr #safebox is working as it should be!… Tim Bouma Nov 8, 2024, 8:47 PM
nostr Achievement unlocked! Successfully tested a 10k zap with #nostr #safebox. Went through with no problem. Next up is a 100k zap.… Tim Bouma Nov 8, 2024, 4:18 PM
nostr I’ve really distilled it down to this: If you can pay and publish with your npub, you can be truly sovereign. This simple statement didn’t just jump out me, it was the accumulation of years of hard work and thinking. Plus, I kept adjusting and refining my vision… Tim Bouma Nov 8, 2024, 12:12 PM
nostr #nostr is a democratic protocol. You vote for everything with your private key.… Tim Bouma Nov 8, 2024, 9:27 AM
nostr The only onramp to bitcoin is proof of work. This applies to not only to miners but to anyone who exerts an honest effort in exchange for value. With #nostr, if someone zaps your post, there is someone out there that believes that you did a proof of work. Zap… Tim Bouma Nov 7, 2024, 3:59 PM
