/ is on Nostr

Why Nostr? What is Njump?

Public Key

npub1vw397esl9mhcdql5hj74vdu8gsr30jvv8dw0qsusvx73nlwgefgq9hg5xe

NIP-57 Address

stpi@minibits.cash

Profile Code

nprofile1qqsx8gjlvc0jamuxs06te02kx7r5gpchexxrkh8sgwgxr0gelhyv55qml7u67

Author Public Key

npub1vw397esl9mhcdql5hj74vdu8gsr30jvv8dw0qsusvx73nlwgefgq9hg5xe

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Last Notes

2024-05-23 18:44:51

This mint will indefinitely be set to peg-out only due to recent decisions regarding regulatory requirements and various compliance. Please redeem your ecash tokens soon, as the mint may be shut down at some arbitrary future date without notice.

2024-05-22 05:03:40

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Theoretically any failed mintings will complete after the bug is fixed.

2024-05-22 05:01:12

Peg-ins have not been working since I upgraded the mint to the latest lnbits-cashu extension 0.5. I've set to peg-out only until this is fixed.

2024-05-20 16:03:08

AI and robots free up human time for more meaningful jobs. Mankind will be more wealthy, not less, because to a laborer money represents goods. AI will lower the cost of goods, not raise them. The more goods there are available, the more goods the equivalent sum of money will command. Therefore, regardless if wages decline, human labor will be valued for tasks that AI cannot do. These are creative and inventive jobs. We will see a separation of labor from skill, and artisinal goods made by human hands or "proof of work" from a human mind will be far valued above anything created by a machine. The machines will provide our sustinence, and this will be for a very low cost because it will only involve commodities (things mass-produced) where humans will provide little value to assembly lines. People will be needed to perform investigative, creative, mental skill oriented tasks like troubleshooting the machines, like creating one-of-a-kind goods like hand-made items where human error and variation is a feature and increases an item's value. One observation I heard recently is that art, music, actors, and the like are values not for their perfection, but for its human authenticity. This is not something that can be emulated by an AI until it actually becomes the same as a human, including our limited and closely guarded ability to reproduce.

2024-05-17 16:38:40

If the mint is eating your sats, please contact me and we can work through it

2024-05-10 19:12:13

Which is more important to you in a cashu mint?
Low fees, or reliability?
#cashu #enuts #minibits #ecash

2024-05-10 04:29:22

STPI cashu mint fees are finally working as intended! I presently have them set to LSP+0.25%. My LSP charges around 1% depending on the destination.
Mint on!
#cashu #ecash #enuts #minibits #0xchat

2024-05-10 00:08:04

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Looks like I may have figured it out. Now I understand why there is a fee reserve. I set the fee to 0.25% and set the reserve to 2%/2sat and now it applies the backend fees properly

2024-05-09 23:51:28

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Someone transfered 10ksat through my mint and it took more out than it needed as fixed fees

2024-05-09 23:43:30

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No its the fees implementation. Seems to require a reserve. Im still experimenting

2024-05-09 22:07:04

I'm noticing exorbitant fees being charged on some cashu to lightning payments. Contact me with a lightning payment proof and I will reimburse you with cashu.

2024-04-26 03:40:53

The fees are not being passed through from the LSP as I originally thought. I'm seeing examples of 1.75%. I'm moving the fee back up to cover the coat. If you feel youre being overcharged, contact me and I can double check for you and reimburse you if it turns out to be off base. I will probably need to modify the lightning invoicing system to make it work the way I want so I can keep fees low.

2024-04-25 17:20:22

Six ways from sunday
#nevent1q…kx8z

2024-04-25 00:08:44

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The dollar has been a cbdc since the early 90's.
There is no benefit to the banks or the government to make the ledger public, and nobody wants their banking life to be public to their neighbor, aunt, or corporate competition. No the CBDC will not be a public ledger. The CIA, FBI and every other government agency already havs full visibility to our financial life, whether its publiclly known or not. The CBDC is a psyop, one to make us fear the government and their power over us. They only have it if we give it to them by buying into the idea they even have the capacity to enact the controls we fear. Its also "thinking past the sale" to think the CBDC will give them a new power they already have but don't want us to be aware of.

2024-04-24 03:30:27

Cashu mint update!
I learned this new LSP conveys network fees before it generates an invoice. I dropped outgoing mint fees to 0.5% + LSP/LN fees. This may be the lowest cost public mint there is!
#cashu #ecash #minibits #enuts
https://stpaulinternet.net/cashu/mint/TTcmiEDSWmkefef3XqERKv

2024-04-24 03:28:12

Cashu mint update!
I learned this new LSP conveys network fees before it generates an invoice. I dropped outgoing mint fees to 0.5% + LSP/LN fees. This may be the lowest cost public mint there is!
https://stpaulinternet.net/cashu/mint/TTcmiEDSWmkefef3XqERKv

2024-04-21 03:56:58

It appears the mint can pay invoices with no limitations, but cannot create inbound payments over 10 sats. I am working on two parallel resolutions and will keep posting updates here.

2024-04-21 00:11:18

Lightning payments and withdrawls are temporarily unavailable. Cashu tokens are still transferable within the mint. Service is expected to return in the next 48 hours. #cashu

2024-04-12 15:34:44

Being able to contribute to the freedom of mankind, and benefit while doing it, should be incentive enough to contribute to bitcoin core. Charity is always playing with fire, v4v only. #bitcoin

2024-04-05 17:07:49

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People stop drinking coffee because they run out

2024-03-19 16:54:43

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The lightning bond scheme based on the htlc smart contract is very effective to preserve trust in the network. Is there a mechanism by which a digital contract could be used to back cashu tokens with a posted "honesty bond" by the mint? Then any token holder can provide their token as "proof of promise to pay" and if the mint fails proof of reserves, the bond can be used to pay the token onchain or over lightning? Maybe even the bond could be in the form of ecash stored at a "more trusted" mint?

2024-03-19 03:21:25

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Have you tried npub.cash ?

2024-03-19 00:36:38

The SPI #cashu mint is open and available for use!
If you're interested in a stpaulinternet.net lnaddress or nip-05 contact me.
https://stpaulinternet.net/cashu/mint/TTcmiEDSWmkefef3XqERKv

2024-03-15 06:26:11

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I could never get calle's mint to work for me

2024-03-15 06:24:49

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Try a real mimt
https://stpaulinternet.net/cashu/mint/TTcmiEDSWmkefef3XqERKv

2024-03-14 20:05:49

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No idea what you just said

2024-03-14 19:57:00

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Limit on each wallet? Yes anyone can use the mint. I can maintain at most 500k sats liquidity, but keep more offline.

2024-03-14 18:19:26

STPI cashu mint uptime: 314.159265359 hours.
#cashu #enuts #minibits #ecash

2024-03-07 04:12:43

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Mutiny wallet also pairs well with amethyst. It supports NWC, but you need to pay something to open a channel to recieve sats.

2024-03-02 17:32:25

It began working again sometime last night. No explanation, something must have been fixed with the LSP API. STPI mint is open!
#enuts #cashu #ecash #minibits
#nevent1q…0qug

2024-03-02 01:11:44

My LSP is malfunctioning and I am presently working with them to resolve a problem. My server is not able to generate lightning invoices. This may take hours or days. If you require your sats in the meantime, send your cashu tokens to me via PM along with an LN invoice and I will redeem them to you manually.
#onward

2024-02-28 14:25:49

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I do not know of wallet of satoshi supports Nostr Wallet Connect (NWC) but others do. Alby, strike, mutiny and breez are a few. You can recieve zaps into your Wallet Of Satoshi (WOS) by placing the lnaddress assigned to you when you installed the app (abcdef---wxyz@walletofsatoshi.com) into your nostr profile, but zapping without NWC means you need to copy the lightning invoice from amethyst into WOS. NWC connects amethyst directly to a lightning wallet and allows zapping to be a single-click operation. If you have trouble zapping, it could be due to two problems: Either the person youre attempting to zap doesen't have their lnaddress configured properly in their nostr profile or your WOS isn't completing the lightning payment into the recipient's wallet. This could be due to legal restrictions, or it may be a simple case of insufficient liquidity on the lightning network between the WOS servers and the recipient's wallet (this problem may be temporary).

2024-02-26 22:26:20

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Are you in the US?

2024-02-26 21:27:07

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You could use 0xChat instead of zapping. Which wallet are you trying to connect to nostr?

2024-02-26 02:16:54

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Welcome to the club!

2024-02-26 00:08:42

STPI #cashu #ecash mint is up and running. My LSP access token expired and needed to be renewed so lightning transactions may have been offline for a few hours.
Works great with #minibits and #enuts!
https://stpaulinternet.net/cashu/mint/TTcmiEDSWmkefef3XqERKv
(Use at your own risk)

2024-02-16 18:25:09

Everything is hard, until you decide to do it

2024-02-15 04:22:04

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It is back online. Apparently it was working right all along, but you can't switch between users or have two tabs with different users within the same browser anymore.

2024-02-15 02:15:32

The mint is temporarily down while I'm performing upgrades. The new version's ACL somehow spontaneoualy disabled the usr credential mechanism. I will send a note when its restored.

2024-02-09 05:49:36

Here are some details to expect out of the STPI cashu mint:
* LN mint deposits have no fees
* Cashu ecash transfers within the mint cost nothing
* Total LN deposits are limited to around 500,000 sats per week (globally)
* LN withdraws have a 1% fee, this is due to my LSP
* You may encounter an additional 2 sat LN withdraw fee. This is not from my mint and is probably because you're using a nostr client to convert it to your LN address.
Happy #nutcasting !
#cashu #ecash #minibits #enuts

2024-02-07 07:38:59

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"Anything in particular I should look at and try?" - Said every single person that is completely disinterested.

2024-02-06 16:37:13

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I mean my mint is upgraded to v0.4.0, the latest!

2024-02-06 16:36:21

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Upgraded!
#cashu #ecash #minibits #enuts #lnbits

2024-02-05 03:38:28

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So its the christians that turn you off? I have to agree with you. What if I told you they have no idea what Jesus actually said, and hypocrite would be raising them up in stature from where they are?

2024-02-03 04:50:13

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What turned you off about Jesus worshiping?

2024-02-03 04:49:28

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That's at least one reason to be here!

2024-02-02 02:58:09

Feel free to use the STPI mint!
Its been stable since I moved to a LSP while I work toward a new and more stable self hosted LN node. #nutcasting #cashu #minibits #ecash #enuts
https://stpaulinternet.net/cashu/mint/TTcmiEDSWmkefef3XqERKv

2024-01-31 03:07:46

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Totally agreed, where are all the edgy wrist slicing emo girls?

2024-01-27 20:48:40

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Dont get butthurt by Darthcoin. He may change the agreement further.

2024-01-25 14:04:08

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I do

2024-01-25 14:00:19

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I see animated gifs all over the place in nostr. I dont use primal so im not going to be help with this request

2024-01-25 05:42:26

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I just tried sending you some sats directly through the private tab in minibits

2024-01-25 05:35:18

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I recieved it. Thanks!

2024-01-25 05:32:17

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I was able to send it to myself. I also zapped you 33 sats. Do you see it in your wallet? You have to add the minibits mint. "Add mint" and "add minibits mint". No idea if your sats will just show up in there or if you had to have it added first.

2024-01-25 05:29:34

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Yes i did

2024-01-25 05:25:37

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Oh wait i see it now, its in the minibits default mint

2024-01-25 05:23:14

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Yes. Now i tried zapping myself with the minibits address from alby and it looks like it went through but i have no idea where it went.

2024-01-25 05:20:12

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I get a lightning error when trying to zap the minibits lnaddress and it doesent go through

2024-01-25 05:11:48

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Ok i think its set up

2024-01-25 05:02:40

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I must have screwed it up in my client. I dont have a minibits . cash address anywhere

2024-01-25 04:48:57

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How do you do that? I dont see any mention of it on the minibits website

2024-01-25 00:34:36

If you want to be good at sales, you need to learn how to not lie to your customer.

2024-01-24 20:30:37

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True!

2024-01-24 20:29:56

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At this time I must charge a 1% fee for outgoing lightning transactions to cover the fees from the LSP. The LSP also imposes a maximum deposit amount, which means I'm only able to hold 500,000 sats of cashu tokens at any instant.
I will be replacing it eventually with my own node, but for now this gets me restored basic functionality. Thanks for understanding.

2024-01-24 20:03:55

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#nevent1q…xsdn

2024-01-24 20:03:42

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#nevent1q…xsdn

2024-01-24 20:03:13

To all users of STPI cashu mint, I have added a new backend to the server. You should be able to freely mint new tokens and redeem mint tokens for lightning sats. #cashu #enuts #minibits

2024-01-23 18:57:10

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At least the mint can present the unsealed secret as evidence a token is invalidated, preventing someone from claiming the mint isn't presenting hashes of all of its tokens.

2024-01-23 16:14:41

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I think 3.2 and 3.3 is trying to implement a system similar to an auditable election ballot. Anyone that holds a token can verify the mint is recording his token and then add up the total balance of published tokens, and anyonr that holds an unaccounted-for token can provide proof of lack of reserve. This could work if channel balances on the lightning node are pubically verifiable, which they are not.

2024-01-22 21:11:18

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ROFL! Lets just take the mint's word for it whether they have reserves by checking the mint's published list of token hashes. What the?
https://image.nostr.build/c3a3267e893f42992544703f2462f67a703fe25618a4aac04d8e037a964e8a56.jpg

2024-01-22 20:44:04

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https://image.nostr.build/8102434e415feb368d1d0823b3dbe826c054c59b35288def4cbcf80429cdd744.jpg

2024-01-22 02:15:09

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1/21=b0.110000110000110000110000110000

2024-01-21 00:30:18

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Yes

2024-01-20 08:48:15

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What you can functionally do with a lightning wallet and lnbits lnurlp and lnurlw extensions can also be done with cashu.
The difference is that a cashu token transfer doesen't happen over a lightning channel, doesen't require any server-side "account" for the end-user, yet allows a cashu token holder to send and recieve sats on the mint's LN node over the lightning network, and the server has no knowledge of who holds a claim on any token. The more users of a mint, the more anonymonity of the users, so it somewhat also provides a "mixing" function.
When you create a token to send to someone, its very similar to sending them single-use yet fungible paper money. When you send it to them, you are giving them essentially a password to redeem tokens, though the password contains the tokens themselves. The recioient redeems the tokens from the mint, and the mint gives them new tokens in return but the mint doesent know who gave the tokens to you, it only knows you have some tokens of the amount you redeemed, and it doesen't know that they were your's when they are redeemed by whoever you give it to.
Another feature of an ecash token is it should never expire (unlike an LN invoice), so you can keep it in your cashu wallet, or on a piece of paper, as long as you like.
The mechanics of ecash is quite different than lightning, and you will come to understand this the more you use it.
#ecash #cashu

2024-01-20 05:24:39

#ecash #cashu #minibits
@npub1rxy…hnp8 reviews cashu Minibits for android
https://youtu.be/igJF8ccMnbQ

2024-01-20 02:34:46

I want to explain this to reduce confusion, not increase it, so here it goes.
The cashu tokens you have can still be moved, traded, divided & combined on the STPI mint as long as the tokens stay on the mint. Because I'm closing down the lightning node, you won't be able to redeem them for sats via lightning... for now. However, I can reimburse you for them.
Here's another aspect; If you leave your sats on the mint, and I set up a new lightning node, open new channels, and connect it to the cashu mint, then you WILL be able to redeem your cashu tokens as if nothing happened. Just so you understand, I'm only shutting down the LND node, not lnbits. When I finally disconnect LND, i'll change over to the 'null node' in lnbits. When I connect a new lightning node, i'll connect lnbits to that new node, and you can redeem your tokens at that time.
I wanted to give everyone a chance to redeem their tokens before I disconnect the lightning node. At this time, it appears the node is essentially unroutable. As a mitigation, if you send the tokens to me (via PM) I can be assured that you no longer control them. This way I can reimburse you with a different wallet like on getalby, strike, zeus or cashapp.
If there are people you sent sats to and they don't know who I am or even how cashu works, there will be a time where they can send them to other people but can't cash them in for sats over lightning. Eventually they will be able to redeem them.
Be assured, this isn't a rugpull. And in case you're wondering, at this time there is only about 30ksats remaining on it.
Forward!

2024-01-19 02:31:18

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This whole process of shutting down the node will take several days, possibly weeks. I have several channels with partners that are offline sometimes for weeks. The cashu mint will remain open. If you can't route a payment, simply send the #ecash tokens you have to me via IM and I will reimburse you.

2024-01-18 22:50:42

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What is a shortcut to recovering from gout (other than avoid seed oils and alcohol)?

2024-01-18 22:49:05

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They can't win the argument, so now they intend to win by violence.

2024-01-18 22:44:36

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I intend to start out fresh with a properly connected node after i do more research. I'm finding running a LN node is not a part-time activity.

2024-01-18 22:43:21

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It was up and down for a while a few hours ago. I still have some channels open and they could route but no telling for sure. If you send the tokens to me via nostr private message along with your lnaddress i can send the sats to you through another provider

2024-01-18 22:42:49

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2024-01-18 17:54:48

Notice to any users of the STPI cashu mint: I'm shutting it down for now.
There are too many remote-close and force-close on my lightning node, there is also erratic behavior like strange cashu/ln transactions and pending payments that I can't explain. Lightning is too unpredictable and impossible to debug, its not ready for prime-time in my opinion. I've been running this node for two years and the technology is not improving. This high fee environment is making it too costly to run a routing node, and the ln-tx fees don't even put a dent in the channel open and close fees.
Please remove your sats from the mint.
I will try to keep it open long enough for people to remove their sats (there isn't much).
#ecash #cashu #minibits #enuts

2024-01-17 03:37:21

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No aerable soil. No fresh water. No trees for heat. No greenery for cattle. I think the one thing I would absolutely need is a boat.

2024-01-15 04:34:19

That we Maxis henceforth be no more shitcoiners, tossed to and fro, and carried about with every pumping altcoin, by the sleight of grifters, their cunning craftiness, whereby they lie in wait to dump their bags; But speaking the truth about Bitcoin in love, the shitcoiners may grow up into Bitcoin for all things, which is the best, even a single Satoshi: For this exists the whole blochchain fitly joined together and compacted by that which every vByte supplieth, according to the effectual working in the measure of every miner, maketh increase of the world unto the edifying of the HODLer in love.
Eph 4:14-16

2024-01-14 06:47:12

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Its called a critically damped impulse response.

2024-01-13 09:04:17

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Keep them cheap sats coming, Uncle Sam

2024-01-13 09:02:40

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Ancap all day long. Rothbard can die but his ideas will live forever.

2024-01-10 23:42:38

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Either he has known all along and he's playing a game,
or he's really that ignorant of what's going on in crypto.
No matter, he's making grifter signals

2024-01-10 23:39:51

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Good day people. Anyone from Western Wisconsin?

2024-01-10 23:16:53

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Shocking...

2024-01-08 07:08:32

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"A third billion budget can't possibly be enough to do our job effectively" Said every organization that exists outside of market forces.

2024-01-05 04:22:06

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If you are CURRENTLY accepting advertising money from a person, or ANY money, AND YOU DEPEND ON THAT MONEY they OWN YOU.

2024-01-05 04:14:46

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If it worked, nobody would know it existed.

2024-01-02 20:00:37

The lightning node was down for 4 hours today. As usual, no way to know why it shuts down. Its the latest version. It was back up about 2 hours ago and is continuing to run.

2023-12-30 21:40:33

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I did give effects/affects a second thought btw. 🧄

2023-12-30 20:57:41

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We are learning as we go. This is a new failure mode. I may open a ticket if I can get enough information.

2023-12-30 19:55:21

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If you try to pay the same invoice, now that i opened a channel, it will clear the previous transaction and complete

2023-12-30 19:33:46

If someone lost 2k sats trying to pay ivpn with cashu, this is still hung up in transit. Be sure to save the payment hash and contact me

2023-11-03 03:17:26

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Tell me more