Zero-fee withdrawals from stacker.news
101.9k sats \ 6 comments \ @justsmile 4 Apr 2022 bitcoin
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38 sats \ 2 replies \ @DarthCoin 4 Apr 2022
Sincerely... I never withdraw from SN. I am one of the first users here and all I stacked I reuse to post things and tip stackers. SN Circular Economy :)
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10 sats \ 0 replies \ @justsmile OP 4 Apr 2022
Fair enough.
I actually use SN's wallet for experiments. It is yet another remote wallet I can work with and try to pay invoices from. I love the max fee setting, @k00b! So I use the SN wallet simlarly to coinos.io as a custodial LN wallet accessible just from a web browser.
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1 sat \ 0 replies \ @0342558ddf 6 Apr 2022 freebie
How much is not withdrawing from SN similar to not withdrawing from an exchange?
Until the sats are on your node, there is an extra risk. And similarly, the same argument about the added liquidity (by keeping sats on SN) can be used by any exchange. The history shows in the end people lose if they trust and want to support a project, no matter if it is SN or an exchange.
A healthy and fair environment suitable for a Circular Economy would allow all participants to hold their sats. This will also be good for projects like SN in the end as well, simply because it will be as easy to send out (withdraw) as to send in (fund).
1 sat \ 0 replies \ @nout 6 Apr 2022
My goal is to buy a beer with StackerNews earned sats :)
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1 sat \ 1 reply \ @justsmile OP 4 Apr 2022
Example for @DarthCoin:
I send 1000sat for 0 fees from my node to coinos.io:
$ lightning-cli pay lnbc1p3y40vnpp550kccteenktuhdlsc7002zud4ak5hj2tmflm8qkcpjwvn2ag0rzsdqqcqzpgxqyz5vqsp5xjzcl2pkep3tuh2236k8yw899lewvrak904ltxuj2za0j8gkygdq9qyyssqudvj2p5mu0ngqpae0vslaahqxy5ezl7sad0z5e3rq5krtkecxhc5n7vdml2u3c9myhg4jg5a6za5axlxuade26nrtay3mq9u2vspu5cpr7fk9q 1000sat
{
   "destination": "02868e12f320073cad0c2959c42559fbcfd1aa326fcb943492ed7f02c9820aa399",
   "payment_hash": "a3ed8c2f399d97cbb7f0c79ef50b8daf6d4bc94bda7fb382d80c9cc9aba878c5",
   "created_at": 1649065378.377,
   "parts": 1,
   "msatoshi": 1000000,
   "amount_msat": "1000000msat",
   "msatoshi_sent": 1000000,
   "amount_sent_msat": "1000000msat",
   "payment_preimage": "0289abcde8d7bc955a0271607ac35af34161870f126795378e8bba45f137efa6",
   "status": "complete"
}
Now I send them for 0 fees to stacker news (since I do not have any other sats there, just the 1k I sent)…
First from my node to coinos…
And then from coinos to stacker.news…
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3 sats \ 0 replies \ @DarthCoin 4 Apr 2022
I know coinos. I use it also very often.
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