TFTC: A Bitcoin Podcast
#202: Adam Soltys
- Adam Soltys, developer of Coinos.io, is building a web wallet with integrated Lightning and Liquid support, prioritizing user experience and convenience over full custody control.
- Althea meshnet project in Vancouver aims to create decentralized, incentivized internet infrastructure via cryptocurrency payments, reducing censorship and ISP dependence.
- Liquid sidechain offers faster blocks (one minute), confidential transactions, low fees, and the ability to issue and trade custom tokens or stablecoins without smart contract complexity.
- Web wallet security trade-off: custodial convenience for small spending amounts (under $1,000) versus cold storage for long-term holdings; open-source server code allows anyone to run their own CoinOS instance.
- Atomic swaps on Liquid enable trustless peer-to-peer asset exchange between different tokens without requiring custodial intermediaries.
- Regulatory pressure in Canada (KYC/AML rules effective June) threatens small custodial services; Soltys plans soft limits and non-custodial options to stay compliant while preserving privacy.