Reckless_Satoshi 1dea4e73b6 Refactor and Init RoboSats PRO (#296)
commit 9c6d55cfc77d42471da3e865f2729167597868e5
Author: Reckless_Satoshi <reckless.satoshi@protonmail.com>
Date:   Thu Oct 20 10:35:49 2022 -0700

    Small fixes

commit 23d6c00ccb5e78593e768c36b866d02f26031e7b
Author: Reckless_Satoshi <reckless.satoshi@protonmail.com>
Date:   Thu Oct 20 06:12:42 2022 -0700

    Refactor frontend

commit b2c21d4a98c49f6168bc3ff6e6a3d7b9f8943a12
Author: Reckless_Satoshi <reckless.satoshi@protonmail.com>
Date:   Wed Oct 19 07:26:00 2022 -0700

    Small fixes (more)

commit 78a8ab799dc33e8f8b8f14e22e155bbc7104c3a9
Author: Reckless_Satoshi <reckless.satoshi@protonmail.com>
Date:   Wed Oct 19 02:11:03 2022 -0700

    Try out to revert depth chart

commit ef73c980a8cfc4ae760e720e3bca99acc30b7270
Author: Reckless_Satoshi <reckless.satoshi@protonmail.com>
Date:   Tue Oct 18 11:43:37 2022 -0700

    Small fixes

commit fa3e60208f8f292256dd90813e7beff15db3057a
Author: Reckless_Satoshi <reckless.satoshi@protonmail.com>
Date:   Tue Oct 18 09:43:03 2022 -0700

    Add old UserGen and BottomBar to new main.tsx

commit 1e257d1924df20e2fa4feb7f6afce4f31f2a9acc
Author: Reckless_Satoshi <reckless.satoshi@protonmail.com>
Date:   Tue Oct 18 04:01:53 2022 -0700

    Add Maker and Book page to new main.tsx

commit 037d46ceef34df09530e645a2e01c9fbd9b3efd4
Author: Reckless_Satoshi <reckless.satoshi@protonmail.com>
Date:   Mon Oct 17 08:54:55 2022 -0700

    Add Main component WIP

commit e43b274c33a75ab5050be360a3d01f655e1e8142
Author: Reckless_Satoshi <reckless.satoshi@protonmail.com>
Date:   Mon Oct 17 04:32:43 2022 -0700

    App as functional component
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RoboSats - Buy and sell Satoshis Privately

Coordinator CI Frontend Build release AGPL-3.0 license Telegram

RoboSats is a simple and private way to exchange bitcoin for national currencies. Robosats simplifies the peer-to-peer user experience and uses lightning hold invoices to minimize custody and trust requirements. The deterministically generated avatars help users stick to best privacy practices.

Try it out!

Bitcoin Mainnet

Always use Tor Browser and .onion for best privacy. The Clearnet URL redirects to a third party Tor2web service. Your privacy cannot be guaranteed to be respected. Use clearnet only to check around the app, never use for trading!

How to use it

Short video-walktrough

https://user-images.githubusercontent.com/90936742/167310017-dc211a05-dd5e-4ef4-b93f-250f80bc5bca.mp4

Video tutorial by Ben from BTCsessions (YouTube) ROBOSATS - Buy and Sell Bitcoin With No ID (Youtube)

How it works

Alice wants to buy satoshis privately:

  1. Alice generates an avatar (AdequateAlice01) using her private random token.
  2. Alice stores safely the token in case she needs to recover AdequateAlice01 in the future.
  3. Alice makes a new order and locks a small hold invoice to publish it (maker bond).
  4. Bob wants to sell satoshis, sees Alice's order in the book and takes it.
  5. Bob scans a small hold invoice as his taker bond. The contract is final.
  6. Bob posts the traded satoshis with a hold invoice. While Alice submits her payout invoice.
  7. On a private chat, Bob tells Alice how to send him fiat.
  8. Alice pays Bob, then they confirm the fiat has been sent and received.
  9. Bob's trade hold invoice is charged and the satoshis are sent to Alice.
  10. Bob and Alice's bonds return automatically, since they complied by the rules.
  11. The bonds would be charged (lost) in case of unilateral cancellation or cheating (lost dispute).

Contribute to the Robotic Satoshis Open Source Project

Check out our Contribution Guide to find how you can make RoboSats great.

Developer Rewards

Check out the Developer Rewards Panel for tasks paid in Sats.

Sponsors

Inspiration

The concept of a simple custody-minimized lightning exchange with hold invoices is inspired in P2PLNBOT by @grunch

License

The Robotic Satoshis Open Source Project is released under the terms of the AGPL3.0 license. See LICENSE for more details.

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