RoboSats v0.6.0 Pre-release: Introducing RoboSats Federation

“We are thrilled to announce the launch for testing of the new version of RoboSats v0.6.0. This is the biggest ever upgrade to RoboSats. We have, figuratively, lifted the house and built a basement below it.””This new version introduces a significant enhancement known as the RoboSats Federation, that effectively fully decentralizes RoboSats into many independent and fully redundant coordinators that will compete to host your orders.”“CAUTION: Prior to hosting your order with a new coordinator, ensure you trust the RoboSats coordinator you select. A malicious p2p coordinator can potentially steal from you!””The new federated client will now be permanently available in http://robodexarjwtfryec556cjdz3dfa7u47saek6lkftnkgshvgg2kcumqd.onion (visit with Tor Browser) and (with extremely limited functionality).””Once stable, it will be released as version v0.6.0 and you will be able to install it as usual on your node (e.g., UmbrelStartOS, etc).”

What’s new

Multiple Coordinators. “With the new version, RoboSats introduces the concept of coordinators or hosts. Coordinators will now compete to provide users with the best fees, support, uptime and reliability and overall user experience.””Lightning node runners can become RoboSats coordinator in the federation, given they gain the trust of the users. The coordinators host the full infrastructure needed for the p2p trades, they route the lightning payments, they solve the disputes, and much more.””If you operate a lightning node and are interested in becoming a coordinator yourself, refer to the RoboSats Federation basis.”Decentralized Instances. “The new version brings the power of decentralization to RoboSats. By spawning new instances, we increase the robustness of the platform. In order to fully stop the p2p market of RoboSats, every single instance must be stopped.”Know Your Coordinator. “Make sure to take a look at the coordinator profile before hosting your orders with them. You can find a lot about them in the profile such as ways to get in contact for private support, what fees they apply to the trades, what their privacy and data policies are, their lightning node pubkeys, and much more.”DevFund Revenue. “Maintaining and implementing new features into the codebase is only supported by donations. The RoboSats Federation addresses this issue by allowing coordinators to voluntarily stream Sats to the RoboSats Development fund, ensuring continued development and maintenance.”Other improvements. “Many other small improvements come in v0.6.0.””For example, your Robot identity is now generated in your client app, when previously, the robot identity was created by the coordinator.”

Announcement / Archive

Leave a Reply

Your email address will not be published. Required fields are marked *