Nick (@NickSandomeno) header
Nick (@NickSandomeno) profile picture

Engineering in the U S A

Tampa, FL
Joined March 2012
Photo by Nick (@NickSandomeno)Photo by Nick (@NickSandomeno)Photo by Nick (@NickSandomeno)Photo by Nick (@NickSandomeno)Photo by Nick (@NickSandomeno)Photo by Nick (@NickSandomeno)Photo by Nick (@NickSandomeno)Photo by Nick (@NickSandomeno)Photo by Nick (@NickSandomeno)Photo by Nick (@NickSandomeno)
Bitcoin can finally be a foreign exchange
A CRUCIAL primitive for the Taproot Asset ecosystem is the swap 🔄 Here is an on-chain, self-custodial TA (in this case a wrapped version of USDT) to BTC swap in the @Joltz_btc wallet, all on mainnet! Still on our internal TestFlight but we’ll be shipping this and adding it to our SDK in the coming days 🥕
1
3
15
708
Bitcoin <-> Tether trust-less swaps coming on .@Joltz_btc wallet is some pretty cool tech PSBT magic
3
6
411
Big news today from @tether, @lightning, and @Joltz_btc Full episode 034 links below, have a listen to @ian__major as he explains why there is simply no better foundation to build with! Congratulations to all involved in this milestone!
2
5
14
3,299
Discussions are already heating up in forums and chat groups. This is going to strengthen Lightning's network effects like nothing else before. A new global payment standard that anybody can join.⚡⚡⚡
Today we're announcing that Tether is coming to bitcoin and Lightning! 💸⚡ With the security and decentralization of bitcoin and the speed and scalability of Lightning, USDT will bring hundreds of millions of users and trillions in volume. It all comes back to bitcoin.
1
6
35
3,439
Today a meeting that will change the course of history happened. Great minds around a table in El Salvador.
176
370
42
3,858
396,210
Tether 🧡 Bitcoin Tether Brings USDt to Bitcoin’s Lightning Network, Ushering in a New Era of Unstoppable Technology Read more: tether.io/news/tether-brings…
464
1,207
439
5,222
901,500
the moment we've all been waiting for...USDT is coming back to Bitcoin via Taproot Assets!!! 🎉⛓️🌎💸 w/ stablecoins on the Lightning Network, the network evolves into an instant + low fee currency agnostic payments network, all backed by the Bitcoin Backbone of the network
Today we're announcing that Tether is coming to bitcoin and Lightning! 💸⚡ With the security and decentralization of bitcoin and the speed and scalability of Lightning, USDT will bring hundreds of millions of users and trillions in volume. It all comes back to bitcoin.
62
242
5
639
178,874
Now raising funds on Thunder Funder: Joltz! @Joltz_btc is developing infrastructure for Bitcoin, Lightning Network, & Taproot Assets. The goal? Make these technologies more accessible to developers & businesses. Interested in learning more? Visit: invest.thunderfunder.com/off…
3
10
1
20
2,002
Got some chills in the process here, not gonna lie... This is SWIFT of the next century! Much more to come...
The pivotal moment we've all been waiting for is finally here: Taproot Assets LN Channel on @lightning has arrived! youtu.be/5xHy2NC5wdM Here's a demonstration video by @NickSandomeno showcasing the creation of our FIRST Taproot Assets channel, covering the following topics (a) minting of $lnfi Taproot Assets, (b) establishing a connection between two litd instances, (c) opening of a regular lightning channel, and (d) creation of Taproot Assets channel, along with a funding transaction using $lnfi Taproot Assets #Lightning #LightningNetwork #TaprootAssets
8
3
15
3,513
Suggesting inbound liquidity is an issue with the Lightning Network, pays no mind to the correspondent banking system. Lightning Network channels map neatly to nostro/vostro accounts, which lends to the thesis of Lightning requiring a UX/Application Layer abstraction...
2
4
742
... rather than being the UX/Application Layer abstraction of Bitcoin...
395
El Salvador's #Bitcoin investments are in the black! After literally thousands of articles and hit pieces that ridiculed our supposed losses, all of which were calculated based on #Bitcoin’s market price at the time... With the current #Bitcoin market price, if we were to sell our #Bitcoin, we would not only recover 100% of our investment but also make a profit of $3 620 277.13 USD (as of this moment). Of course, we have no intention of selling; that has never been our objective. We are fully aware that the price will continue to fluctuate in the future, this doesn’t affect our long-term strategy. Nonetheless, it is important that the naysayers and the authors of those hit pieces take back their statements. The responsible thing to do would be for them to issue retractions, offer apologies, or, at the very least, acknowledge that El Salvador is now yielding a profit, just as they repeatedly reported that we were incurring losses. If they consider themselves true journalists, they should report this new reality with the same intensity they reported the previous one. We’ll see… Stay tuned!
2,942
8,935
1,705
49,409
6,945,181
Swift ➡️ UMA ACH ➡️ Lightning Network Wire ➡️ Liquid Issuing Processor ➡️ Sending VASP Acquiring Processor ➡️ Receiving VASP
1
169
bitcoin-denominated capital in payment channels will soon be able to provide liquidity for dollar-denominated payments in simple taproot channels... this feels slept on to me
1
216
☕️ --> testnet faucets
179
Replying to @EndWokeness
Prosperity is ahead for Argentina
3,771
45,538
6,742
165,201
11,274,842
I love that this man is now the president of argentina – at Miami, FL
370
840
737
8,006
3,816,081
Delphi Podcast Threadooor I've listened to 4 years of Delphi’s Podcast: 2018, 2019, 2020 and 2021. Here are my favorite episodes so far:
1
4
1
15
4,908
🧐
Open sourcing the Universal Money Address (UMA) standard. Money needs to move like email, so we’ve extended Lightning and LNURL to support compliance and FX. Users will be able to send/receive fiat & crypto via their UMA-enabled exchange, wallet, or bank. uma.me/
1
194