Electrum decentralized submarine swap over nostr \ stacker news ~bitcoin

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Electrum decentralized submarine swap over nostr github.com/spesmilo/electrum-aionostr

534 sats \ 37 comments \ @DarthCoin 27 Mar bitcoin

Any user can became a liquidity provider using this plugin for Electrum, for submarine swaps.

0 sats \ 0 replies \ @joseph_at_nostr_fan 28 Mar

It really, really needs a tutorial.

0 sats \ 30 replies \ @Butterfinger 27 Mar

what nostr has to do with it exactly? Let's say I am a liquidity provider, how and where do I touch nostr while making a swap as a maker?

21 sats \ 0 replies \ @f321x7 27 Mar freebie

Swapserver announce themselves every 10 minutes or when liquidity changes with a replaceable nostr event, clients query them and can select one. When doing a swap the client and server communicate over encrypted nostr events too.

0 sats \ 28 replies \ @DarthCoin OP 27 Mar

nostr is only the transport / communication layer. This is where many people are confused and consider nostr a new stupid social media crap. Nostr is a protocol not a platform!

10 sats \ 27 replies \ @Butterfinger 27 Mar

hmmm, I remember someone saying that nostr will likely even solve the DNS mess. It makes sense now, thanks.

0 sats \ 26 replies \ @ek 27 Mar

nostr will likely even solve the DNS mess

lol

@remindme in 1 year so I can laugh again

0 sats \ 25 replies \ @Butterfinger 27 Mar

why?what do I get wrong? Feel free to school me

10 sats \ 24 replies \ @DarthCoin OP 27 Mar

you are confusing http with dns. Are not the same thing. Nostr still depend on DNS but not http. nostr relays are using wss (websocket) and is different than http

https://www.geeksforgeeks.org/what-is-web-socket-and-how-it-is-different-from-the-http/

0 sats \ 4 replies \ @ek 27 Mar

Websockets are based on HTTP. To open a websocket you send a special HTTP request.

0 sats \ 3 replies \ @DarthCoin OP 27 Mar

WebSocket is distinct from HTTP used to serve most webpages. Although they are different, RFC 6455 states that WebSocket "is designed to work over HTTP ports 443 and 80 as well as to support HTTP proxies and intermediaries", thus making it compatible with HTTP. To achieve compatibility, the WebSocket handshake uses the HTTP Upgrade header[3] to change from the HTTP protocol to the WebSocket protocol.

https://en.wikipedia.org/wiki/WebSocket

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0 sats \ 18 replies \ @Butterfinger 27 Mar

so the nostr network can't be used to bind domains to IPs in a decentralized way?

100 sats \ 17 replies \ @DarthCoin OP 27 Mar

what is s DNS in fact? just an IP. You can use wss://84.26.71.58 for example, without a domain name. btw... there no "decentralized internet" you still depend on your ISP to assign you a public IP... and one day you will be forced to give away liberties and rights in order to have an IP.

All this with "decentralized social media" and crap like that is a myth as long we do not have a real decentralized way top manage IPs. You can have all the freedom you like on nostr, but one day your lovely gov will decide to cut your internet for what you said on nostr. And you can do nothing about that.

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0 sats \ 1 reply \ @Butterfinger 27 Mar

How to become a liquidity provider in practice? It would be nice to have a common swap market to have all the info of bid and ask of all decentralized markets, bisq2 (future), robosats, electrum now etc..

0 sats \ 0 replies \ @DarthCoin OP 27 Mar

For Electrum swaps, idk yet, need to investigate more, but they just launched this plugin... Other swap markets here: