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503 sats \ 12 replies \ @DarthCoin 25 Aug 2022 \ on: Daily discussion thread

Tip of the day!

How to buy sats as a nocoiner that just started from zero.

Today we are going to use SBW wallet. Yes is a very simple, noob friendly wallet, non-custodial and super fast to onboard.
Yes, SBW is using hosted channels (HC) for better liquidity (custodials, semi-trusted) but also user can open regular LN channels. HCs are good for fast onboarding new users, that have ZERO sats to open channels, so hard for them to start to use a fully non-custodial LN wallet. Small steps first...
  1. Download SBW (Android, apk and F-droid)
  2. Save the seed for the onchain wallet
  3. By default you will have a 1M sats HC already open by SBW node. So you will have a 1M inbound liquidty, ready to receive some sats. This channel is open by Motherbase node, run by Anton. Due to his "busy times" with war in Ukraine, this node is quite controversial now. So let's use an alternative HCP (hosted channel provider). There are 3 other optional HCP right now and soon will be more, including from ZFR node. I found these:
  1. Go to Robosats onion page (use Tor browser) and take a selling order. If you create a buying order, you would need to deposit an escrow amount, so in the case you have no sats, is better just taking an existing order. Pay with fiat or gift cards or whatever is requested and done, now you can receive your sats directly into your SBW HC, when the order is confirmed. See more details about the process on learn.robosats.com
  2. Go to your SBW wallet and click on receive. Put the amount of sats indicated on Robosats you have bought and paste the LN invoice generated in your SBW into Robosats and make the withdrawal.
Done! Now you are a bitcoiner and not a nocoiner anymore!
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121 sats \ 1 reply \ @P2P_bitcoin 26 Aug 2022
For #4 -- RoboSats ... even taking an existing order from a Seller requires you to have sats -- for the taker bond. The amount of sats is a small amount ... like 3% of the trade amount, but a buyer without any sats yet cannot do any trade, buy or sell, on RoboSats.
The RoboSats Telegram shows traders not being able to use the default ("legacy") hosted channel on SBW to pay the RoboSats bond. Not sure if that problem occurs or not with the other hosted channel providers that you listed, but wanted to point that out.
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5 sats \ 0 replies \ @DarthCoin 30 Aug 2022
indeed, sorry, my mistake.
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11 sats \ 1 reply \ @Natalia 25 Aug 2022
I am suggesting making a thread sharing all the tips and hacks. Easier to "collect" them 😂
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0 sats \ 0 replies \ @DarthCoin 25 Aug 2022
I like to participate in daily threads with more practical posts instead of just saying GM and hello... :)
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15 sats \ 3 replies \ @patrick 25 Aug 2022
SBW is dead afaik. The main dev has decided to halt the project and shut his node down.
This is evidenced by the fact that https://sbw.app no longer has a valid SSL cert.
Someone please correct me if I'm wrong.
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110 sats \ 1 reply \ @nout 25 Aug 2022
There are couple interesting forks, like https://github.com/standardsats/wallet (https://standardsats.github.io/)
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22 sats \ 0 replies \ @patrick 25 Aug 2022
I'm familiar, I've actually got it installed. It's pretty neat. Most users are probably better off just trying out norma lightning wallets (like Phoenix) first imo.
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0 sats \ 0 replies \ @DarthCoin 25 Aug 2022
no longer has a valid SSL cert.
LOL, I am so scared to access a text webpage without SSL cert... damn it man, is just text, nothing to worry. Yes, is a bad thing but is not the end of the world for that.
The main dev has decided to halt the project and shut his node down.
Yes, indeed, but, it is FOSS and is already forked and will be maintained. Why don't you fork it anyway? Why complain that the dev is not maintaining it anymore? As I said: his HC node is already replaced by others. SBW can run without his dev or node.
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0 sats \ 1 reply \ @was 25 Aug 2022
🥶🥶🥶
https://i.imgur.com/z4kttEf.png
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0 sats \ 0 replies \ @DarthCoin 25 Aug 2022
buhuhu so scary that warning... Is going to steal all your bitcoins now. Is just a damn fucking text webpage with an expired SSL cert. What is so big deal for you people? You can read it anyways.
When your driver "license" expire, are you going to just stay at home or use a taxi, because you think that you are not able to drive a car or you just drive your car and don't give a shit about the expired license paper shit?
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0 sats \ 1 reply \ @kilianbuhn 25 Aug 2022
Wait, you're a fan of HC?
I thought we think of all kinds Lightning infrastructure that is not meant to be permanent as a little "eeehhhh 🤷🏻‍♀️😬"?
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0 sats \ 0 replies \ @DarthCoin 25 Aug 2022
I am fan only of freedom. I am not a fan of HC, but we should use all LN innovations for each occasion, with the feature is needed. Don't focus only one one app or feature. Use them all for specific situations.
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