A coinpool is a type of bitcoin L2 that allows multiple users to deposit funds into a multisig, in such a way that they can withdraw their deposit without needing any additional trust assumptions beyond bitcoin's standard ones (e.g. that miners won't do a 51% attack)
While a user's funds are in the pool, the user can *also* spend "partial" amounts of their deposit, in such a way that it’s not possible to tell from the blockchain which pool user spent the funds
My implementation has a few extra features: (1) every pool member can send and receive money via lightning (2) and/or via hedgehog (3) inside the pool, all transactions are free (4) thanks to hedgehog's support for asynchronous payments, you can send someone money even if they are offline, and if *you* go offline, they can still take the money you sent them
Super Testnet
npub1yx…c399s
2025-01-31 22:49:05
in reply to nevent1q…qunm
Author Public Key
npub1yxp7j36cfqws7yj0hkfu2mx25308u4zua6ud22zglxp98ayhh96s8c399sSeen on
wss://relay.damus.ioPublished at
2025-01-31 22:49:05Event JSON
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"content": "A coinpool is a type of bitcoin L2 that allows multiple users to deposit funds into a multisig, in such a way that they can withdraw their deposit without needing any additional trust assumptions beyond bitcoin's standard ones (e.g. that miners won't do a 51% attack)\n\nWhile a user's funds are in the pool, the user can *also* spend \"partial\" amounts of their deposit, in such a way that it’s not possible to tell from the blockchain which pool user spent the funds\n\nMy implementation has a few extra features: (1) every pool member can send and receive money via lightning (2) and/or via hedgehog (3) inside the pool, all transactions are free (4) thanks to hedgehog's support for asynchronous payments, you can send someone money even if they are offline, and if *you* go offline, they can still take the money you sent them",
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