thebullishbitcoiner on Nostr: Learned something new today, with regards to ZEUS PAY. Thought I’d share, so you ...
Learned something new today, with regards to
ZEUS (npub1xnf…lpr5) PAY. Thought I’d share, so you can be aware.
While the 50K minimum to open a channel to OLYMPUS has been removed, dynamic fees are now in place (due to the high fee environment).
So even though you *can* open a channel with 200 sats, you’d still have to pay the setup fee. Below is a sample invoice with a setup fee of 65K sats (transaction fees were around 150 sats/vByte at the time).
In conclusion: Keep your eyes peeled for when there’s lower demand, and make sure you have enough water on hand. 🤙
Published at
2023-12-01 02:35:09Event JSON
{
"id": "d33cb7d015f0db14366f9ff7a32b88493f3ce1d7016caff02d89fb5b48faff6f",
"pubkey": "a10260a2aa2f092d85e2c0b82e95eac5f8c60ea19c68e4898719b58ccaa23e3e",
"created_at": 1701398109,
"kind": 1,
"tags": [
[
"imeta",
"url https://image.nostr.build/f43a04646f220b7c0ec61ca441a7568a5e27cef129ef5c2e20b30a10dcb1fa1f.jpg",
"blurhash ePIzu0RQz-Rk]gI9ayxufQt7znaf%NaykW?HfQM{ayWV}nWBR-ofS4",
"dim 840x1050"
],
[
"p",
"34d2f5274f1958fcd2cb2463dabeaddf8a21f84ace4241da888023bf05cc8095"
],
[
"r",
"https://image.nostr.build/f43a04646f220b7c0ec61ca441a7568a5e27cef129ef5c2e20b30a10dcb1fa1f.jpg"
]
],
"content": "Learned something new today, with regards to nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 PAY. Thought I’d share, so you can be aware.\n\nWhile the 50K minimum to open a channel to OLYMPUS has been removed, dynamic fees are now in place (due to the high fee environment). \n\nSo even though you *can* open a channel with 200 sats, you’d still have to pay the setup fee. Below is a sample invoice with a setup fee of 65K sats (transaction fees were around 150 sats/vByte at the time). \n\nIn conclusion: Keep your eyes peeled for when there’s lower demand, and make sure you have enough water on hand. 🤙 https://image.nostr.build/f43a04646f220b7c0ec61ca441a7568a5e27cef129ef5c2e20b30a10dcb1fa1f.jpg ",
"sig": "c4c1607d344da96c7b131e476d1014f6410b9735b151cfa7326b64ccc9072f2398ee0b9ccb331330efac383d8628f105796cb1d66302156e850ec5cad441efbe"
}
