fedimint
mempool
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fedimint | mempool | |
---|---|---|
28 | 1,591 | |
524 | 1,769 | |
6.3% | 7.3% | |
9.9 | 9.9 | |
1 day ago | 2 days ago | |
Rust | TypeScript | |
MIT License | GNU General Public License v3.0 or later |
Stars - the number of stars that a project has on GitHub. Growth - month over month growth in stars.
Activity is a relative number indicating how actively a project is being developed. Recent commits have higher weight than older ones.
For example, an activity of 9.0 indicates that a project is amongst the top 10% of the most actively developed projects that we are tracking.
fedimint
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Current state of exchanges
Maybe Fediment could be a promising way to store your Bitcoin. I've been keeping an eye on how this is progressing.
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What are peoples’ thoughts on collaborative custody?
You might be interested in what is going on with Fedimint
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How would crypto work when we become a space society
Something like planetary fedimints or similar https://fedimint.org/
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I started a podcast to demystify Bitcoin.
I hate to say it, but I believe most people aren't responsible. I think new options to on-board people which bring more comfort will be needed for mass adoption. Maybe a community custody platform such as Fediment or whatever the folks over at Ego Death Capital are up to that seems to have Jeff Booth and others just ecstatic. However I fear massive on-boarding comes with a lot of people still trusting an investment firm.
- What’s the latest on Fediment?
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Got the Ledger Live from Microsoft store and it took all my ETH
You might find https://fedimint.org/ interesting if you're not familiar - i could see bitcoin custody becoming a community centric thing but time will tell :D
- Self Custody Issues
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error while setting up the fedimint federation
when i start the scripts this error keeps popping up . I am running the scripts referring to this github repo https://github.com/fedimint/fedimint/blob/master/docs/dev-running.md
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The digital pound: A new form of money for households and businesses?
Fedminit: https://fedimint.org
In Cashu, a mint is a single custodian, while Fedimint is designed around a multiple federated mints in a multisig. Both issue e-tokens signed with blind signatures. Both of them also integrate with the Lightning network, so users of the minted cash can make use of the rest of Bitcoin ecosystem for payments.
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Snowden on the Lightning Network on Nostr
The Bitcoin base chain can handle about 7 transactions per second, lighting theoretical upper limit is up to 1,000,000 transactions per second. You can use lighting without managing a node yourself. There are even projects[0] in development that allows for community custody, so it stays trustless even when using a custodian.
0: https://fedimint.org/
mempool
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It's costing $188 to move $4.09 of Bitcoin
The submission is a page from r/Buttcoin, a Bitcoin-hater subreddit, with a random screenshot making the $188 for $4.09 complaint.
For those who don't know, Bitcoin on-chain transactions fees are not proportional to the amount sent, and it is common knowledge that $5 on-chain transactions are not practical. There are other solutions for sending smaller amounts.
Fees are currently spiking, but according to mempool.space (as I post this) an average on-chain transaction with ~$10.50 in fees will be confirmed within 30 minutes. See: https://mempool.space for details.
So this is not a very accurate, informative or helpful submission.
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They put up the minimum withdrawal for bitcoin and now I'm sad.
That's about 50$? I don't blame them https://mempool.space/
- ELI5: Wallets, Exchanges, Fees
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BTC's Luke Dashjr: '24 Bitcoin Core Update Will Disrupt Ordinals, BRC-20
get some theory of mind. you are a person who is willing to pay onchain fees to use your trezor or open a channel. there are people in the world who are not willing to pay these fees and they probably outnumber you. and the plan has been spelled out in plain english a million times. the fees are supposed to go up by design. this means that most people will not self-custody, whether it is legal or not, and even if they would like to.
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Meaning of display numbers.
I’m not an expert so someone smarter than me can clarify, but the high/priority rate is the going rate (estimate) to get confirmed on the next block. Medium is the average rate for those transactions to be confirmed next. You can see current and historical rates at mempool.space.
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About Mycelium: Why has my tx fee increased by 1000 times?
The current fee to get into next block is about 40 sats/vB.
- bitcoin transaction fee too high in trust wallet
- Question about fees
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BTC transaction fees, WTF?
Check mempool.space for a better idea of how big a fee you need to offer to get into the next block.
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My First Bitcoin!!!
The mempool is a bit crowed now. A few weeks ago it was only around 5 - 10 cents, and now it is between 3 and 13 dollars. (yesterday even 25 dollar) If you have a lot of UTXO's it can be very expensive to consolidate them all. In that case I would wait till the mempool is less crowed for lower transaction fees. it is important to understand that whirlpool or wasabi wallet will take many UTXO's (transaction fees) to mix your coins and maybe in the future exchanges don't want to touch your mixed coins. I mixed all my KYC coins as I'm not planning to exchange my bitcoin for fiat via a exchange in the future.
What are some alternatives?
crane - A Nix library for building cargo projects. Never build twice thanks to incremental artifact caching.
btc-rpc-explorer - Database-free, self-hosted Bitcoin explorer, via RPC to Bitcoin Core.
nostr - a truly censorship-resistant alternative to Twitter that has a chance of working
umbrel - A beautiful home server OS for self-hosting with an app store. Buy a pre-built Umbrel Home with umbrelOS, or install on a Raspberry Pi 4, Pi 5, any Ubuntu/Debian system, or a VPS.
rustshop - Rust Shop is a fake cloud-based software company that you can fork.
raspiblitz - Get your own Bitcoin & Lightning Node running - on a RaspberryPi with a nice LCD
trezor-firmware - :lock: Trezor Firmware Monorepo
BTCPay Server - Accept Bitcoin payments. Free, open-source & self-hosted, Bitcoin payment processor.
fluttermint
nocargo - [alpha] Build Rust crates with Nix Build System.
electrum - Electrum Bitcoin Wallet