Connecting Wallets

Hello! This may be your first time dealing with ​Bitcoin in a meaningful way, so we’re going to ​learn how to connect wallets safely and quickly.

There are two ways to connect a wallet with rox:

1. Easy: Depositing Bitcoin with Cash App
   
2. Advanced: Connecting a decentralized wallet

Summary 1

depositing Bitcoin

1) Install Cash App and setup an account. Buy ​$1 worth of Bitcoin. Cash App is the most ​popular wallet in the US with 50 million users.

2) Copy the invoice number from the Bitcoin ​Deposit Card in the rox app. This is found inside ​the Identity Wallet feature. OR skip step 3 & ​simply scan the QR code.

3) Send whatever amount to that invoice ​address on Cash App, it will automatically ​change your deposit to $0.02 USD because

it’s a preset invoice.

4) That’s it! You’ve deposited Bitcoin into the ​app and it will spend every time you work with ​rox to render content and learn. The goal is to ​be safe, usable and fast.

Summary 2

Connecting Wallets

1) Install Cash App and setup an account. Buy ​$1 worth of Bitcoin.

2) Set up a wallet with the cashu protocol on a ​cashu wallet. Scroll down & press the discover ​mints button. Copy the stablenut mint and paste ​it in the add mint section above.

3) Press RECEIVE and select Lightning. Send a ​dollar from Cash App to Cashu using the QR ​code.

4) Press the menu button on the top left and ​select Settings (wallet configurations)

5) Scroll down and toggle Enable Nostr Wallet ​Connect. Set a tiny allowance like 50 sats for ​testing. Then press the copy button to copy the ​connection passcode.

6. In our app, inside the identity wallet, select ​“Connect Wallet” then press “Nostr Wallet ​Connect” and paste your code. This will log you ​in!

Bitcoin

Bitcoin is many things. It allows you to use money online privately like you would use cash. It gives developers greater control over how money works online with code.

I recommend to think about Bitcoin like it's property or fuel. It’s a material thing that can be transferred to others and that exchange helps people make stuff happen.

Right now, you’re learning how Robots Building Education uses bitcoin to create scholarships or grants out of learning. In short, Bitcoin allows us to monetize user experiences and to step away from subscription services.

Concepts

Bitcoin will introduce you to peer-to-peer systems that deal with layers, identities and custody. These concepts highlight how features are being created and accessed.

You can expect accessibility to improve and allow users to engage in these new digital experiences seamlessly. Part of the challenge is making it just work, which you can explore in this open-source design organization, Bitcoin.design.

Network Layers

In short, the larger the number, the ​farther you are away from the Bitcoin ​miners, who are responsible for the ​creation and distribution of Bitcoin.

People may categorize layers differently. ​For example, people may loosely define ​“layer 3” or “layer 0” to relate a ​concept. For the most part, layer 1 and ​layer 2 are real technical terms. While ​other layers are unofficial and centered ​around usability.

Cash App

Cash App can be considered a layer 3 network. It’s a trusted financial service in the US that mostly deals with USD transactions. It builds a bridge into the decentralized financial networks by allowing access to Bitcoin.

Cash App is one company in a larger organization that involves Square, TIDAL and Bitcoin research companies. We can expect Cash App to focus on user-centered mass adoption.

Layer 3

Remember that layer 3 is not a ​technical term, but may be used to ​describe user-centered services. This ​inevitably means that identity becomes ​important.

Many Bitcoin enthusiasts use a protocol ​called nostr on a platform called Primal ​to quickly introduce people to Bitcoin, ​the lightning network and a meaningful ​user experience where one can quickly ​create an account, own their data and ​feel programmable money for the first ​time. Rox also accomplishes this using ​cashu!

cASHU

Cashu is an ecash protocol that makes ​developing custodial solutions easier ​and helps users onboard quickly. ​Depositing Bitcoin with rox uses the ​cashu protocol under-the-hood to make ​the process easy.

Warning!

Remember that Bitcoin wallets are ​exactly that, wallets. Typically you only ​store a small amount of money with the ​intention to spend it. Do not use wallets ​as investment vehicles.

If you want to own your Bitcoin, you ​need to go through the process of ​understanding non-custodial solutions ​like Mutiny or Bitkey. Otherwise you’re ​limited to custodial solutions like ​Coinbase, Cash App and Robinhood ​which may face uncertain regulatory ​disruption.

Pause

Remember that you’re dealing with identity, ​layers and custody.

There are a number of ways to transfer Bitcoin ​across networks. There’s no right or wrong ​way to use it, but you

You might not realize this, but systems like ​Visa don’t give us a lot of control when it ​comes to payments and the fees they charge ​are pretty large. Behind the scenes everything ​is also taking about 48 hours to complete with ​a protocols called ACH or SWIFT. We just ​cover up a lot of that for customers.

Lightning is a faster and better alternative to ​this. Even Bitcoin is faster, despite its ​reputation for being slow. I personally consider ​Bitcoin a form of regulatory automation.

Layer 2

Robots Building Education uses Alby’s ​Bitcoin-Connect to connect your bitcoin ​wallet. Alby uses the nostr and lightning ​protocols to connect wallets.

The nostr protocol is specialized around ​social identity, which incentivizes users ​to interact or transact across networks.

There are many ways to accomplish ​connection this with popular wallets ​from Cashu or Mutiny and hopefully one ​day with Cash App.

Mutiny

Mutiny grants you access to custody ​over Bitcoin and the lightning network. ​Mutiny is a more advanced but feature ​complete platform. We use this or ​cashu to connect to Robots Building ​Education since Alby wallets are invite-​only for now.

Layer 1

Layer 1 is the Bitcoin network. Things ​are slower here because you’re dealing ​with the creation, validation and ​distribution of money with miners and ​the blockchain.

The lightning network is essentially a ​proposed solution to a trade-off that ​occurs with bitcoin’s security, sinxw ​that Bitcoin users want realistic digital ​experiences. It deals with Bitcoin after ​processing, allowing it to create a ​network that focuses on speed without ​hin​dering security or priv.

Connect

Supplying yourself with these tools will help you access the decentralized economy on the internet. For example, you can sign into wavlake’s music platform or stacker new’s forum using your nostr identity.

At this point, it’s really up to your imagination and figuring out what makes sense to build with decentralized finance. Simply participating and networking in these communities remains a meaningful way to contribute to the bigger picture.