Pinned post
The TL;DR of how Stable Channels works 👇
When bitcoin falls, more sats flow into your Stable Channels wallet — just enough to keep your stable balance worth the same in dollars. ⚡️⚖️View quoted post on X
Tony
Verified account This account is verified. Learn more@tonklaus
building on bitcoin @stablechannels
1.1K Following 2.2K Followers 2.9K Posts
Latest posts 5
We would like to begin by recognizing that the land we are gathering on today is the ancestral and traditional homeland of The Bitcoin Talk Forums Circa 2011 Nations, including the GPU miners, the Mount Gox rugpulled, and the Ron Paul enthusiasts.
We honor with gratitude the land itself and the generations of these Indigenous Poasters who stewarded these memes throughout history.
We acknowledge the painful legacy of forced removal and displacement onto Twitter, and we commit to actively listening to, learning from, and honoring the living Native voices and communities thriving in bitcoin today. 🕊️
We honor with gratitude the land itself and the generations of these Indigenous Poasters who stewarded these memes throughout history.
We acknowledge the painful legacy of forced removal and displacement onto Twitter, and we commit to actively listening to, learning from, and honoring the living Native voices and communities thriving in bitcoin today. 🕊️
There is no freezing of coins with self-custodial Lightning wallets. Users can exit unilaterally to the chain.
1/ 44% of the crypto stolen from Binance is frozen or seized. So who else can freeze your coins?View quoted post on X
More experiments like this in bitcoin-backed stability please 🧙♂️
Built a little sandbox for testing out stable VTXOs on Ark, a way to hold offchain bitcoin that tracks a stable dollar balance.
Conceptually similar to stable Lightning channels by @tonklaus.
Stablecoins are old tech. We can build better.View quoted post on X
