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🤖 robosats v0.3.4-alpha released - Improvements for BTC swapsgithub.com/Reckless-Satoshi/robosats/releases/tag/v0.3.4-alpha
301 sats \ 3 comments \ @P2P_bitcoin 12 Feb 2023 bitcoin
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25 sats \ 2 replies \ @satcat 12 Feb 2023
What exactly are btc swaps?
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10 sats \ 1 reply \ @P2P_bitcoin OP 13 Feb 2023
When buying bitcoin through RoboSats you have the ability to chose "On-Chain" as the payout method. What RoboSats does then after the seller indicates your payment has been received is to create a reverse-submarine swap, such that the sats end up in a bitcoin transaction pays your on-chain bitcoin address that you provide.
Here's a Tweet that shows the UX for that:
🤖RoboSats has leveled up this weekend!⬆️
Buyers can receive their Sats directly on their cold storage.
RoboSats will perform an on-the-fly reverse submarine swap for you. The fee rate will depend on the available on-chain liquidity on the platform.
https://i.postimg.cc/z511HFFJ/image.jpg
Nitter
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25 sats \ 0 replies \ @satcat 13 Feb 2023
Cool. So basically it's just adding on-chain transfer capability
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