TLS106: Konstantin on Building Kollider, Lightning Derivatives, Synthetic Fiat, and Running a Nostr Relay

Konstantin is the co-founder of Kollider, a Lightning-powered Bitcoin derivatives platform that also offers a browser extension wallet, synthetic fiat stablecoins, and a paid Nostr relay.

In our conversation, we explored the value of instant settlement on Bitcoin exchanges, how Kollider’s wallet and subscription-based Nostr relay works, and how all the different pieces of Kollider’s business fit together.

→ Kollider: https://kollider.xyz/

Sponsors

→ Voltage: https://stacksats.how/voltage

→ Stakwork: https://stacksats.how/stakwork

This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats.

The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to kerooke@fountain.fm.

→ Fountain: https://www.fountain.fm/

→ More Episodes: https://www.stacksats.how/podcast

→ Lightning Address: ⚡kerooke@fountain.fm

→ Nostr NIP-05: kr@stacker.news

Links

→ Stack Sats: https://www.stacksats.how/

→ Twitter: https://twitter.com/kerooke

→ Books: https://www.kevinrooke.com/book-recommendations

→ Bitcoin News: https://stacker.news/r/kr

Timestamps

00:00 - Intro

02:14 - Konstantin Intro

08:00 - Why Do Bitcoin Exchanges Hold Customer Funds?

14:32 - Has Kollider’s Business Been Affected By High Bitcoin Fees?

18:37 - How Kollider’s Products Fit Together

26:11 - Patterns in Kollider’s Exchange Volume

31:09 - What Will People Use Kollider’s Wallet For?

35:43 - Lightning Web Wallet Comparisons

44:07 - Synthetic Fiat Stablecoins on Kollider

1:05:40 - Kollider’s Paid Subscription Nostr Relay

1:14:35 - Contributors to Rising and Falling Nostr Activity

1:18:18 - The Lightning Round