prochronist on Nostr: Many in the comments under impression fees would be too high…and though, yes, fees ...
Many in the comments under impression fees would be too high…and though, yes, fees would be higher than Lightning, the idea here is to use
Boltz (npub1psm…8970) on the backend, which has a sats/vB 10x lower (0.01) than usual (Liquid default is 0.1). This makes average fees ~40 sats. Pair the lower network fee rate with a threshold to be able to swap to Liquid from zaps…and you can see how it might be useful - as Liquid is more federated (15 vs a single custodian), has confidential transactions and you can cold store sats.
Dear Nostr users, would the ability to send and receive zaps via Liquid be of interest?
We're currently discussing with Amethyst devs on ways to make this possible.
Let us know in the comments! ⚡️🌊note1w74…vfcm
Published at
2024-08-04 01:36:19Event JSON
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"content": "Many in the comments under impression fees would be too high…and though, yes, fees would be higher than Lightning, the idea here is to use nostr:npub1psm37hke2pmxzdzraqe3cjmqs28dv77da74pdx8mtn5a0vegtlas9q8970 on the backend, which has a sats/vB 10x lower (0.01) than usual (Liquid default is 0.1). This makes average fees ~40 sats. Pair the lower network fee rate with a threshold to be able to swap to Liquid from zaps…and you can see how it might be useful - as Liquid is more federated (15 vs a single custodian), has confidential transactions and you can cold store sats. nostr:note17u9th4zx8vm7s97wnv6agdj3qq5kgjy9ucmmd8qk4uuedza5jt4sdnvpqn",
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