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NUT-XX and NUT-XX+1: Mint / Melt Bitcoin On-Chain #107
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cc4da36
add specs for minting and melting tokens onchain
ngutech21 5a1edde
chore: rename payment_method to method
ngutech21 2290606
chore: increase min_amount
ngutech21 b4dc153
chore: rename payment_method
ngutech21 91f051f
fix: typo in settings
ngutech21 46f9867
fix: txid is optional
ngutech21 bba6d32
chore: OnchainQuoteReponse.description is optional
ngutech21 1aaf174
chore: use state enum instead of bool
ngutech21 2e73249
chore: cleanup examples
ngutech21 7b54066
chore: use state enum instead of paid flag
ngutech21 93a57f0
chore: cleaup examples
ngutech21 03f4d5c
chore: rename nuts
ngutech21 d671cdf
chore: merge 'origin/main' into mint-melt-onchain
ngutech21 f48d97a
chore: add nut-18 and nut-19 to readme
ngutech21 f2d660d
feat: add min-confirmations to info-endpoint
ngutech21 94c139c
fix: formatting
ngutech21 27a8e38
chore: remove check tx-status
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NUT-17: Mint tokens Bitcoin On-Chain | ||
========================== | ||
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`optional` | ||
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--- | ||
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This NUT describes the process of minting tokens on Bitcoin On-Chain analog to NUT-04 for Bitcoin Lightning. | ||
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# Mint quote | ||
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To request a mint quote, the wallet of `Alice` makes a `POST /v1/mint/quote/{method}` request where `method` is the payment method requested (here `btconchain`). | ||
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```http | ||
POST https://mint.host:3338/v1/mint/quote/btconchain | ||
``` | ||
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The wallet of `Alice` includes the following `PostMintQuoteBtcOnchainRequest` data in its request: | ||
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```json | ||
{ | ||
"amount": <int>, | ||
"unit": <str_enum["sat"]> | ||
} | ||
``` | ||
with the requested `amount` and the `unit`. | ||
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The mint `Bob` then responds with a `PostMintQuoteBtcOnchainResponse`: | ||
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```json | ||
{ | ||
"quote": <str>, | ||
"address": <str>, | ||
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"paid": <bool>, | ||
"expiry": <int> | ||
There was a problem hiding this comment. Choose a reason for hiding this commentThe reason will be displayed to describe this comment to others. Learn more. This expiry field might be problematic (cf @gandlafbtc's comment). |
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} | ||
``` | ||
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Where `quote` is the quote ID and `address` is the payment request to fulfill. `paid` indicates whether the request as been paid and `expiry` is the Unix timestamp until which the mint quote is valid. | ||
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Note: `quote` is a **unique and random** id generated by the mint to internally look up the payment state. `quote` **MUST** remain a secret between user and mint and **MUST NOT** be derivable from the payment request. A third party who knows the `quote` ID can front-run and steal the tokens that this operation mints. | ||
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## Example | ||
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Request of `Alice` with curl: | ||
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```bash | ||
curl -X POST https://mint.host:3338/v1/mint/quote/btconchain -d '{"amount": 10, "unit": "sat"}' -H "Content-Type: application/json" | ||
``` | ||
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Response of `Bob`: | ||
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```json | ||
{ | ||
"quote": "DSGLX9kevM...", | ||
"address": "bc1qkyfgd7mus7ykfd7qkwakq75qsf7rtm...", | ||
"paid": false, | ||
"expiry": 1701704757 | ||
} | ||
``` | ||
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The wallet **MUST** store the `amount` in the request and the `quote` id in the response in its database so it can later request the tokens after paying the request. After payment, the wallet continues with the next section. | ||
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## Check mint quote state | ||
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To check whether a mint quote has been paid, `Alice` makes a `GET /v1/mint/quote/btconchain/{quote_id}`. | ||
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```http | ||
GET https://mint.host:3338/v1/mint/quote/btconchain/{quote_id} | ||
``` | ||
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Like before, the mint `Bob` responds with a `PostMintQuoteBtcOnchainResponse`. | ||
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Example request of `Alice` with curl: | ||
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```bash | ||
curl -X GET https://mint.host:3338/v1/mint/quote/btconchain/DSGLX9kevM... | ||
``` | ||
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# Minting tokens | ||
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After requesting a mint quote and paying the request, the wallet proceeds with minting new tokens by calling the `POST /v1/mint/{method}` endpoint where `method` is the payment method requested (here `btconchain`). | ||
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```http | ||
POST https://mint.host:3338/v1/mint/btconchain | ||
``` | ||
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The wallet `Alice` includes the following `PostMintBtcOnchainRequest` data in its request | ||
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```json | ||
{ | ||
"quote": <str>, | ||
"outputs": <Array[BlindedMessage]> | ||
} | ||
``` | ||
with the `quote` being the quote ID from the previous step and `outputs` being `BlindedMessages` (see [NUT-00][00]) that the wallet requests signatures on whose sum is `amount` as requested in the quote. | ||
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The mint `Bob` then responds with a `PostMintBtcOnchainResponse`: | ||
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```json | ||
{ | ||
"signatures": <Array[BlindSignature]> | ||
} | ||
``` | ||
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where `signatures` is an array of blind signatures on the outputs. | ||
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## Example | ||
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Request of `Alice` with curl: | ||
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```bash | ||
curl -X POST https://mint.host:3338/v1/mint/btconchain -H "Content-Type: application/json" -d \ | ||
'{ | ||
"quote": "DSGLX9kevM...", | ||
"outputs": [ | ||
{ | ||
"amount": 8, | ||
"id": "009a1f293253e41e", | ||
"B_": "035015e6d7ade60ba8426cefaf1832bbd27257636e44a76b922d78e79b47cb689d" | ||
}, | ||
{ | ||
"amount": 2, | ||
"id": "009a1f293253e41e", | ||
"B_": "0288d7649652d0a83fc9c966c969fb217f15904431e61a44b14999fabc1b5d9ac6" | ||
} | ||
] | ||
}' | ||
``` | ||
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Response of `Bob`: | ||
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```json | ||
{ | ||
"signatures": [ | ||
{ | ||
"id": "009a1f293253e41e", | ||
"amount": 2, | ||
"C_": "0224f1c4c564230ad3d96c5033efdc425582397a5a7691d600202732edc6d4b1ec" | ||
}, | ||
{ | ||
"id": "009a1f293253e41e", | ||
"amount": 8, | ||
"C_": "0277d1de806ed177007e5b94a8139343b6382e472c752a74e99949d511f7194f6c" | ||
} | ||
] | ||
} | ||
``` | ||
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## Unblinding signatures | ||
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Upon receiving the `BlindSignatures` from the mint `Bob`, the wallet of `Alice` unblinds them to generate `Proofs` (using the blinding factor `r` and the mint's public key `K`, see BDHKE [NUT-00][00]). The wallet then stores these `Proofs` in its database: | ||
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```json | ||
[ | ||
{ | ||
"id": "009a1f293253e41e", | ||
"amount": 2, | ||
"secret": "407915bc212be61a77e3e6d2aeb4c727980bda51cd06a6afc29e2861768a7837", | ||
"C": "02bc9097997d81afb2cc7346b5e4345a9346bd2a506eb7958598a72f0cf85163ea" | ||
}, | ||
{ | ||
"id": "009a1f293253e41e", | ||
"amount": 8, | ||
"secret": "fe15109314e61d7756b0f8ee0f23a624acaa3f4e042f61433c728c7057b931be", | ||
"C": "029e8e5050b890a7d6c0968db16bc1d5d5fa040ea1de284f6ec69d61299f671059" | ||
} | ||
] | ||
``` | ||
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## Settings | ||
The settings for this nut indicate the supported method-unit pairs for minting and whether minting is supported or not. They are part of the info response of the mint ([NUT-06][06]) which in this case reads | ||
```json | ||
{ | ||
"14": { | ||
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"supported": true, | ||
"methods": [ | ||
{ | ||
"payment_method": "btconchain", | ||
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"unit": "sat", | ||
"min_amount": 1000, | ||
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"max_amount": 1000000 | ||
} | ||
] | ||
} | ||
} | ||
``` | ||
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[00]: 00.md | ||
[01]: 01.md | ||
[02]: 02.md | ||
[03]: 03.md | ||
[04]: 04.md | ||
[05]: 05.md | ||
[06]: 06.md | ||
[07]: 07.md | ||
[08]: 08.md | ||
[09]: 09.md | ||
[10]: 10.md | ||
[11]: 11.md | ||
[12]: 12.md |
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Note: All
PostMintQuoteBtcOnchainRequest
's are denominated in sat.There was a problem hiding this comment.
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Why should we remove the unit-field from the PostMintQuoteOnchainRequest? If the mint uses blink as a backend for handling the onchain transactions it can support onchain snd/receive with usd as a currency. Hopefully in the future there will be similar services. https://dev.blink.sv/api/usd-onchain-send
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This is a question of scoping this NUT. To support other units where a conversion rate is involved how expiration is handled as well as how confirmation time is defined is much more important as the conversion rate could change outside an acceptable slippage. So in order to support other units how confirmation and expiration is defined needs to be included as well.