We're excited to announce Muun 2.0!
A complete rethinking of the wallet that makes self-custodial bitcoin easier and safer than ever
⚡️ Seamless lightning payments
⚡️ Single balance for on & off chain
⚡️ Multisig security with foolproof backup
And more! medium.com/muunwallet/announ…
We're excited to share Muun's new open-source model, which is much more aligned with the values of bitcoin's community and our mission!
The wallet can now be built from our public repository, it's licensed as MIT, and we're working on reproducible builds
medium.com/muunwallet/open-s…
Taproot is now guaranteed to lock in! 🔥
Core devs have done their part and made one of the coolest upgrades ever to the Bitcoin protocol a reality.
Now it's up to us, the ecosystem, to bring the benefits to everyone. Let the work begin!
We are thrilled to launch a new script upgrading mechanism to get your wallet prepared for Taproot's activation on Sunday.
⭐️ Foolproof script upgrading with output descriptors
⭐️ Multisig security with Taproot and Musig
⭐️ Fee savings of 22% on average
medium.com/muunwallet/design…
#Comunicado || Nuestro talento humano continúa con las labores de restablecimiento de nuestros canales y servicios financieros
Reafirmamos nuestro compromiso de atender con valentía y dignidad a todo el pueblo venezolano
We are back processing all lightning payments, incoming and outgoing.
We continue upgrading many parts of the lightning infrastructure to perform better in a high-fee environment, while keeping all users secure and self-custodial.
Kudos @jack@kayvz and team on educating about non-custodianship!
Now we have to keep working until non-custodial is the recommended option for beginners too 🚀
El Salvador is making history today by becoming the first country to consider bitcoin legal tender and committing to hold bitcoins in their reserves.
The first domino has fallen. What follows will be incredible.
Outstanding work @JackMallers@nayibbukele 👏👏👏
We are working hard on a major upgrade to our lightning infrastructure in order to reactivate the processing of incoming lightning payments during the following days.
Thank you for your patience!
Inspired by the success of @Bitcoinbeach,
@BitcoinEkasi and @the_surfer_kids are building a circular bitcoin economy to help kids in marginalized communities in Mossel Bay, South Africa 🇿🇦
You can now change your preferred method for receiving to your Muun wallet!
⚡ Lightning first: receive in lightning without needing to switch tabs
🧪 Unified QR code: you won't need to choose which network to use
Learn more about unified QR codes: bitcoinqr.dev/
We are excited to announce that Muun for Android now uses reproducible builds, and can be verified end-to-end!
1/n Thread on why this is important 🔽
github.com/muun/apollo/blob/…
We are thrilled to announce the release of Muun iOS: Bitcoin and Lightning Wallet.
⚡️ 100% non-custodial
⚡️ Zero channel management
⚡️ Single balance for on-chain and off-chain
medium.com/muunwallet/muun-r…
Great feedback 🙌
Thank you for using Muun and helping to make it better. We'll get to work on fixing these pain points.
Let us know if there's any other way in which we can help the amazing effort you are making at bitcoin lake 🧡
Two mining pools with ~34% of the hashing power haven't updated their node software to process Taproot transactions yet (@f2pool and @AntPoolofficial).
We'll keep monitoring and activate the use of Taproot addresses for change outputs as soon as that happens.
We are experiencing intermittent issues when users receive lightning payments due to the extremely high and volatile network fees.
We are working to solve this as soon as possible.
I am in California. I just sent a $5 Lightning payment from a non-custodial, non-KYC @muun to a @chivowallet user in San Salvador.
Worked perfectly and instantly.
Then the recipient sent the funds back.
Worked perfectly 🇸🇻 ⚡️
The Salvadoran legislature has just voted and approved with a supermajority the law for making bitcoin legal tender.
It takes effect in 90 days.
This is surreal. What a time to be alive.
After a week of extremely high fees, they are now much lower. Most wallets don’t look at the mempool so they keep suggesting 94 sat/vbyte
Use a wallet that makes the hard work for you. Muun recommends 8.15 sats/vbyte right now. Save 86.7% 🙀
In real-time muun.com/#fees
ZK-proofs enable a massive range of bitcoin scaling solutions that preserve and even improve privacy.
ZK-rollups, in particular, can work much better in the UTXO model than in the account model.
Looking forward to this research 🤩
Could ZK-rollups one day help Bitcoin with scaling or privacy?
@HRF and @StarkWareLtd are pleased to announce a research fellowship to help answer this question.
The fellow will receive a 1 BTC grant to produce an industry paper.
Apply today!
HRF.org/Zkrollups
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."
Can you visualize the disruption we'll see in the next ten years?
bitcoin.org/bitcoin.pdf
Esse #PizzaDay está diferente 🍕
Pagando o almoço em San Salvador no Pizza Hut com #Bitcoin utilizando a Lightning Network.
Daqui alguns anos, será a pizza mais cara da minha vida 😅
We just released a redesign of the receive screen! You can now add custom amounts to your bitcoin addresses and lightning invoices.
Enjoy Muun with @ln_strike, @bitfinex, @OKCoin, @BudaPuntoCom, and many others!
We just released a new version of our recovery tool with a ton of UX improvements!
After rewriting its entire architecture, we got the average time to sweep funds from 4 hours down to 4 minutes 🙀
github.com/muun/recovery
1/n Read why this is important for self-custody 🔽
Stratum v2 radically increases miner decentralization in Bitcoin.
It moves the responsibility of chosing which transactions to include in a block from the mining pool operators (very few actors) to the actual miners (a lot of independent actors).
Go follow @StratumV2!
We’re aware of the increasing urgency and we’ll work hard to deliver a community run, open-source @StratumV2 implementation. If you’re a miner/pool interested in adopting, testing, supporting, my dm’s are opened.
Stratum V2's Job Negotiator protocol may be the most significant improvement to bitcoin miner decentralization since the inception of mining pools (2010).
It takes power away from a handful of mining pools and gives it back to thousands of individual miners.
A new Stratum v2 reference implementation (SRI) update is out!
It allows miners to select transactions via job negotiator sub-protocol and their bitcoin node.
We’re inviting you to plug in your miners, and help us test.👇🧵
stratumprotocol.org/blog/str…
"The first follower is an underestimated form of leadership in itself.
It takes guts to stand out like that.
The first follower is what transforms a lone nut into a leader."
— @sivers on how to start a movement
We just finished re-training our on-chain fee estimator and got an extra 3% savings on average, without losing any precision 🤑
How magical would it be if using competitive fees, especially during weekends, worked out of the box for everyone? ✨
We are humbled to receive this gift from the @HRF 🙏
While the BTC price rises, we should not forget why it is we’re building. Bitcoin is a tool for freedom, and it’s already working, but just for a few
We are committed to making self-custody accessible to everyone who needs it
We are now back online. All wallets are fully operational and displaying the correct balance.
We're still working on some display issues with the past payments history. These don't affect your funds or any wallet operations.
Thanks for your patience!
We're currently experiencing some technical issues. Our team has already found the cause and is working on a fix.
Some users reported issues with their history and balance. These are all visualization bugs, all funds are safe.
We'll keep you posted. Apologies for the trouble.
After following their amazing work, we've become fans of @mempool's beautifully crafted block explorer.
From now on, your transaction detail will link to mempool.space!
@muun big respect that you guys are doing the right thing by choosing the tool that works best in the platform, instead of some high time preference bullshit
We are now moving from a default on-chain approach (mostly via submarine swaps) to a default off-chain approach, via non-interactive payment channels + splice outs + unidirectional virtual payment channels.
Blog post soon™
Taproot wallets will have recovery interoperability from day 1 🎉
Besides the soft-fork activation, there's a lot work behind the scenes in making it easy for the ecosystem to adopt Taproot.
Having Taproot compatible output descriptors is a huge step!
As we have said multiple times, Muun is a non-custodial bitcoin wallet that uses submarine swaps for lightning payments.
If by “real lightning” wallet you mean a mobile wallet with off-chain funds, then Muun is definitely not one — for now. We prioritized user security first 👇
I'm getting more inbound requests asking for recs on non-custodial lightning wallets than just on-chain wallets. Think other exchanges will start noticing that clients want cheaper & faster withdrawals. @muun@lightning
We added full support for Bech32! 🚀💸
Bech32 is an address format created specifically for SegWit, an upgrade that reduces effective transaction size and packs more transactions into the bitcoin network.
This lowers fees and sets the foundation for future scaling prospects.
We are thrilled to release a new version of Muun that allows you to pair your @Trezor and safely transfer money between your hardware and mobile wallet! medium.com/muunwallet/level-…
Hey Moxie, we'd love to guide you through our approach and help you navigate the different implementations from other wallets.
Having said that, we agree that we all still need a year or two to reach a fully seamless UX.
This is great 👏👏👏
BUT positioning Lightning fees as "basically zero" is inaccurate and even bad for Lightning. Fees are *proportional* to the transaction amount. That's the reason Lightning is a game changer.
The #LNTrustChain2 made it to Argentina 🇦🇷🧉! We got it from @Jestopher_BTC!
Send us a 1.22M sat LN invoice and we'll send it your way.
Then add 10k sats & tweet asking for a 1.23M sat invoice
Anyone from Chile, Uruguay, Paraguay, Bolivia, Peru, Ecuador or Colombia out there?
What happened: Muun doesn't forward random probes to users' wallets to prevent random peers from DoS-ing users.
The issue was that Bitnob started probing before making the actual payment to estimate the payment fee.
We are working with them to solve this.
Who is attending @LNconf this weekend? ⚡️
Our CEO @esneider is travelling from Buenos Aires to Berlin and will be giving a talk on Saturday! Come say hi 👋
Sí! Todas las direcciones pasadas son válidas por siempre.
El reuso de addresses es malo para la privacidad de tus fondos: si le pasas a un tercero una addresses en la que en el pasado recibiste fondos, el tercero puede verlos.
Muun rota la dirección con cada uso para evitarlo.
This is misleading at best.
* You can always move funds independently using the recovery tool, but that wasn't tested
* You can set up a wallet without using an email
* You only set up the email+password and forgot the password? That's 1 step out of 3 for securing your wallet
Some receiving lightning payments were taking a bit too long to complete. We optimized a few things here and there 🪄... and made them 10x faster!
Thanks everyone for reporting!
More improvements on the way! 🚀
Today funds are on-chain and the interfacing with the lightning network is done via submarine swaps. This has all the nice properties of on-chain self-custodianship (static backups, no active watchtowers needed) but is more expensive/inefficient than maintaining funds off-chain.
iOS users, dark mode is here! 🌕
If the appearance of your phone is set to “dark”, you will enjoy a new user interface in your Muun Wallet!
Who out there prefers dark mode?🤚
Yes!
All funds, whether received on-chain or via lightning, are in the sole custody of each user.
Funds are protected with 2-of-2 multisig security and users have possession of both keys.
Muun servers run their own nodes that forward payments to the mobile device nodes.
Hey Bosch, thanks for your feedback!
We've just changed our license to MIT, and we're working on reproducible builds to provide end-to-end auditability.
We're excited to share Muun's new open-source model, which is much more aligned with the values of bitcoin's community and our mission!
The wallet can now be built from our public repository, it's licensed as MIT, and we're working on reproducible builds
medium.com/muunwallet/open-s…
Thanks for the suggestion 🙌
LNURL-pay definitely improves the lightning payment UX.
It has some impl complexity if you want to handle properly the myriad of errors that providers can generate, so we are taking it slow to make sure it works well across different providers.
Your phone has only one key, but your backup has both keys!
Using your backup you can move your funds independently from Muun at any time.
You can read about our security model in more detail here: blog.muun.com/muuns-multisig…
We want to thank the bitcoin and lightning community for all the support and feedback we received these days. We'll keep up the hard work, stay tuned! 💪⚡️
First-class support for PSBT channel management in lnd is 💥
Few realize the tremendous engineering feats they are shipping relentlessly to make lightning production ready.
⚡️ announcing lnd v0.12.0-beta! ⚡️
this release adds opt-in support for the new "zero htlc fee" anchor commitments, first-class wallet support for PSBTs (fund+sign), a slew of perf+resource optimizations, and ofc bug fixes!
full release notes: github.com/lightningnetwork/…