MachuPikacchu on Nostr: Decentralized #lightning question: is it possible to create a lightning node with an ...
Decentralized #lightning question:
is it possible to create a lightning node with an m-of-n UTXO where you have multiple nodes reachable only via Nostr and use FROST to sign the transactions?
Goal: running a decentralized #ecash mint. The idea is that you could have people in multiple jurisdictions all partially responsible for running the mint and if a minority of the group is offline the node still functions. Latency would be much higher but reliability and censorship resistance is greater.
#asknostr #bitcoin #cashu
is it possible to create a lightning node with an m-of-n UTXO where you have multiple nodes reachable only via Nostr and use FROST to sign the transactions?
Goal: running a decentralized #ecash mint. The idea is that you could have people in multiple jurisdictions all partially responsible for running the mint and if a minority of the group is offline the node still functions. Latency would be much higher but reliability and censorship resistance is greater.
#asknostr #bitcoin #cashu