2026-04-23T22:07:18Z https://nostr.ae surge https://nostr.ae/npub1swchzzz3l7g5yyrfcy0hf538s0zhuzg77ahp0ap9utj02fsuvj2s8q0zup https://blossom.primal.net/00eb0260b2b849e57f12743ddc222f3226f4303ad23779a0830f51de3845f322.png https://blossom.primal.net/00eb0260b2b849e57f12743ddc222f3226f4303ad23779a0830f51de3845f322.png https://nostr.ae/nevent1qqsfmjt95kylyw54kqzmsdydeuh8ga236vs39ag744k3q22v0nnyesszyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf22zw7qj Shipping streak on. It&#39;s Monday, Relayer + App update is live. ⚡<br/><br/>Both iOS and Android up following app store approvals.<br/><br/>→ Relayer security hardening (privacy + reliability)<br/>→ Liquidity availability bugs fixed<br/>→ In-app text: &#34;Verify on-chain&#34; now replaces &#34;Don&#39;t trust, verify&#34;, clearer for newer users. The ethos still stands.<br/><br/>Update your app. Read the log → surge.credit/changelog<br/><br/> <img src="https://blossom.primal.net/15aa9c233f3b487ecd4eb123cbf8eae5e74c1958cc42a6bf04546ce3fc37d06e.png"> 2026-07-20T16:28:05Z https://nostr.ae/nevent1qqsrht9yz4qehyftmgmsjd9ryaz9rgpwnl2ywsl778ymew7sdmasldczyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2jnpu5l Shout out to <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqswvnkqxewsajs9uqqqmahtd39utf9rn75um0yey6228a0qh6gng7srg9mhn" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>21Rates</span> (<span class="italic">nprofile…9mhn</span>)</a></span> <br/><br/>They run an independent directory of bitcoin financial service: lenders, custodians, exchanges, ETFs and verify the facts themselves rather than taking company copy at face value.<br/><br/>Our profile is live and updated. It leads with the thing that actually matters: collateral in segregated taproot vaults, verifiable on-chain. Not commingled in an omnibus wallet.<br/><br/>Directories like this only work if the listings are checked by someone who isn&#39;t the listed party. Good to see one that is.<br/><br/>Surge on 21Rates:<br/><a href="https://21rates.com/companies/1137/surge-credit">https://21rates.com/companies/1137/surge-credit</a><br/><br/> <img src="https://blossom.primal.net/6a12f526f8164f50b14143984db00cd76ab6976cdbcd2fc90927326812ad45a3.png"> 2026-07-17T23:56:29Z https://nostr.ae/nevent1qqsdlan83culeklp5c0x9vj0l6e55ypn8wa2mvygxhh2t0fjalz2thgzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2vlep8r You&#39;ve seen the app. You&#39;ve never seen what holds it up.<br/><br/>That&#39;s the thing most people miss about surge: it&#39;s two layers, and the layer you touch isn&#39;t the one that matters.<br/><br/>1️⃣ The app is just glass. surge on iOS and Android, the earn app, and soon third parties launching yield and credit products to their own users — non-custodial, all on the same rails. Interfaces come and go. Anyone can build one.<br/><br/>2️⃣ The protocol is the part that holds. taproot vaults, the DCN, unilateral exit via CSV timelock, non-custodial by construction. No rehypothecation, borrower-controlled collateral, verifiable on-chain. It doesn&#39;t bend for any app sitting on top of it.<br/><br/>That&#39;s why it&#39;s built this way. Swap the app, add ten more, hand the keys to a third party, the custody model, the exit path, the math don&#39;t move. No interface can rewrite rules it doesn&#39;t own.<br/><br/>Judge the protocol, not the app. <br/><br/> 2026-07-08T01:12:05Z https://nostr.ae/nevent1qqs9s6v9eyamqx2cmllerrrywzvqpfxvpaj2clval68k589jr6pdp0szyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2qqm8gt Surge protocol — Week 12. 10.52 btc locked in Taproot Vaults. <br/>Steady tick up while the team stays heads-down on audits.<br/><br/>The bigger update this week: App store approvals are done and last week&#39;s auth-related changes are live in production.<br/><br/>Protocol layer held during the outage. Application layer is now hardened against the same failure mode. Both layers, working as designed.<br/><br/>Audits continue. Shipping continues.<br/><br/>Don&#39;t trust, Verify 🟧<br/><br/><br/> <img src="https://blossom.primal.net/375d136d5435d8fb4c0a759fff810187d617d9ba6c58c646b53fb857d0882e1e.png"> 2026-06-26T17:23:43Z https://nostr.ae/nevent1qqs9xzq5z3tuhwkj0elama9d3r8x9n9h9f6jjrcmp5gx5psvc7zpqnqzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2lhwzep Most bitcoin lending hides liquidation behind a custodian. DLCs weld it into one oracle, forever. Both work fine until they don&#39;t.<br/><br/>This week: the liquidation leaf. A threshold network signs, not a custodian. The oracle can evolve. The auction is permissionless. BTC delivered to the bidder on bitcoin.<br/><br/>Don&#39;t trust. Verify. 👇<br/><blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/naddr1qvzqqqr4gupzpqa3wyy9rlu3gggxnsglwnfz0q790cy3aamwzl6ztchy75npcey4qythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0qpp8g6r994ex2urp09kk2mn594kx2ctx95kksmmh943k7mmsv4exzarfwejj6umsv4hxguedwahhy6eddahz6cfdw3shqun0da6z6anpw4k8g3fp8pu" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">naddr1qv…p8pu</a></span> </div> <p>Last tuesday we covered NUMS, the construction that disables the key-path backdoor on every taproot vault, so every spend has to satisfy one of the three tapscript leaves. We&#39;ve already walked through two of them: exit, the borrower&#39;s unilateral path home, and the nums internal key that makes those leaves the only spending surface. This week is the leaf most vaults will live and die by: Repayment.</p> <h2 id="script-anatomy-what-the-repayment-leaf-is-made-of-2"><strong>Script anatomy: What the repayment leaf is made of?</strong></h2> <p>The repayment leaf is the cooperative spend path. It closes a credit line when the borrower pays back what they owe, and releases collateral proportionally on a partial repayment while keeping the line open.</p> <p>The script is short. It commits a 32-byte vaultId, drops it from the stack, then requires two schnorr signatures, one from userPubkey (the borrower) and one from loanPubkey (the dcn). The check is op_checksig followed by op_checksigadd == 2, the standard tapscript way of saying &#34;both signatures must be valid.&#34; Neither side can spend through this leaf alone. The cooperative requirement is in the script, not in a service agreement.</p> <h2 id="hard-isolation-the-vaultid-commitment-2"><strong>Hard isolation: The VaultId commitment</strong></h2> <p>VaultId is a 32-byte value committed inside every repayment leaf, computed as keccak256(abi.encodePacked(userEvmAddress, nonce)). It encodes which borrower and which credit line the vault belongs to, and no two vaults share it.</p> <p>A witness produced for alice&#39;s vault cannot be replayed against bob&#39;s, because bob&#39;s leaf encodes a different vaultId and the script won&#39;t validate. Hard isolation at the script level, not soft isolation at the bookkeeping level. Vault a has no script path to vault b. The blast radius of any single position is exactly one position, enforced by Bitcoin.</p> <h2 id="the-dcn-is-not-the-custodian-2"><strong>the DCN is not the custodian</strong></h2> <p>The repayment leaf requires the dcn&#39;s signature, which raises the obvious question: who signs for the dcn?</p> <p>The DCN ( Distributed Custody Network ) is the network of signers that holds threshold shares of the loanPubkey. The loanPubkey itself is an aggregate x-only key produced by a 3-of-4 threshold schnorr signing session (Lin24, BIP340). No single signer holds the private key. There is no &#34;the DCN&#34; in the sense of a single party with credentials to sign. There is a quorum, and signatures only get produced when enough independent signers participate.</p> <p>That distinction is what makes repayment non-custodial. In custodial lending, the second signature on a 2-of-2 closure comes from one custodian and that custodian, by definition, holds something that could move your collateral if compelled. In surge&#39;s model, no individual party can produce the dcn&#39;s signature. The threshold is mathematical, not policy. A subpoena to any single dcn signer doesn&#39;t reach into your vault any more than a subpoena to a single Bitcoin miner reaches into the chain.</p> <p>The cooperative requirement in the script, &#34;both signatures must be valid&#34;, sounds like a multisig with two parties. It&#39;s actually a multisig with you on one side and a network on the other.</p> <h2 id="the-borrower-s-single-key-signs-bitcoin-and-controls-the-usdc-2"><strong>The Borrower&#39;s single key signs Bitcoin and controls the USDC</strong></h2> <p>The other half of the non-custodial story is what&#39;s holding userPubkey. The answer is: the borrower, with a single private key that they hold themselves and that surge never sees.</p> <p>The detail that&#39;s easy to miss is that the same key controls both sides of the credit line. The borrower&#39;s private key signs the schnorr signature on the Bitcoin repayment leaf, and the corresponding evm address derived from that same key is where surge delivers the usdc against the collateral. One key, two networks. No platform-issued account, no surge-managed wallet, no hand-off between a Bitcoin identity and a dollar identity that depends on us linking them correctly.</p> <p>Different posture from most lending products, where the borrower holds a Bitcoin wallet, the platform holds a dollar account on their behalf, and the link between the two is administrative — kyc records, account ids, a support ticket if something goes wrong. In surge, the link is cryptographic. The same secret that proves the borrower can sign the repayment also proves they own the address that received the usdc.</p> <p>When the repayment leaf is satisfied, the borrower has signed for both halves of the trade: the btc being released back to them on Bitcoin, and the usdc obligation they hold on evm. Self-custody isn&#39;t a label on one side of the architecture. It&#39;s enforced on both.</p> <h2 id="why-it-scales-credit-2"><strong>Why it scales credit</strong></h2> <p>Credit&#39;s destroyer isn&#39;t a single bad loan, it&#39;s contagion. One position&#39;s collateral getting tangled with another&#39;s. One liquidation cascading into a margin call that wasn&#39;t supposed to be triggered. Pooled credit scales the blast radius, not the safety. More activity through a shared structure means more positions a single failure can touch.</p> <p>The repayment leaf is one of the places we refused to make that trade. Every taproot vault is its own UTXO, its own script tree, its own vaultId. Repayment for one vault has no script path to another. The blast radius of any single position is exactly one position, enforced by Bitcoin. The dcn signs by threshold, not by custodian. The borrower signs with their own key, on both sides of the trade.</p> <p>That isolation and that non-custodial posture were built in on day one, before there was a book to protect.</p> <p>The credit book grows. The blast radius does not. The thing you have to trust does not.</p> <p>Don&#39;t trust. Verify. 🟧</p> </blockquote> 2026-06-23T17:57:26Z https://nostr.ae/nevent1qqstvpmf8gdjyjslgr5dj38qr8jt0dvdjkpsecwpkpqr4pp7spyln5czyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2amnczw Surge Protocol — Week 11. 10.24 BTC locked in Taproot Vaults. New all-time high, +29.6% w-o-w.<br/><br/>Last week&#39;s dip was an exit. This week&#39;s high is new locks. Both are the system working as designed.<br/><br/>The deeper signal from last week: Our app authentication service had a brief outage. The protocol stayed up.<br/><br/>Taproot Vaults sat on-chain, untouched. Spending paths unchanged. Borrower keys still the only key required to sign exit. UTXOs indifferent to whether our login flow was loading.<br/><br/>The two-layer split exists for exactly this reason. Application can go down. Protocol doesn&#39;t. Trust the architecture, not the company running it.<br/><br/>Audits continue. Heads-down.<br/><br/>Don&#39;t trust, Verify 🟧 <br/><br/> <img src="https://blossom.primal.net/aaa567880e1eb6226446983a7823deb13572e8534c7e7a27368876ba5ad8484a.png"> 2026-06-18T22:06:13Z https://nostr.ae/nevent1qqszj8gpl34pntsa4swsul45cq05fyqxyyl6ssx9xjlgzcyxa5x9htczyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2cd58tj App auth went down this week. The Bitcoin in our Vaults didn&#39;t notice.<br/><br/>Two layers. The Bitcoin layer holds your collateral by script. The app layer is where we work. The first doesn&#39;t depend on us. The second is what we fix.<br/><br/>This week&#39;s tech tuesday: the repayment leaf. How cooperative spends actually run, why the dcn isn&#39;t a custodian, and why your one key signs both the BTC and the USDC. 👇<br/><blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/naddr1qvzqqqr4gupzpqa3wyy9rlu3gggxnsglwnfz0q790cy3aamwzl6ztchy75npcey4qythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0qpp8g6r994ex2urp09kk2mn594kx2ctx95kksmmh943k7mmsv4exzarfwejj6umsv4hxguedwahhy6eddahz6cfdw3shqun0da6z6anpw4k8g3fp8pu" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">naddr1qv…p8pu</a></span> </div> <p>Last tuesday we covered NUMS, the construction that disables the key-path backdoor on every taproot vault, so every spend has to satisfy one of the three tapscript leaves. We&#39;ve already walked through two of them: exit, the borrower&#39;s unilateral path home, and the nums internal key that makes those leaves the only spending surface. This week is the leaf most vaults will live and die by: Repayment.</p> <h2 id="script-anatomy-what-the-repayment-leaf-is-made-of-5"><strong>Script anatomy: What the repayment leaf is made of?</strong></h2> <p>The repayment leaf is the cooperative spend path. It closes a credit line when the borrower pays back what they owe, and releases collateral proportionally on a partial repayment while keeping the line open.</p> <p>The script is short. It commits a 32-byte vaultId, drops it from the stack, then requires two schnorr signatures, one from userPubkey (the borrower) and one from loanPubkey (the dcn). The check is op_checksig followed by op_checksigadd == 2, the standard tapscript way of saying &#34;both signatures must be valid.&#34; Neither side can spend through this leaf alone. The cooperative requirement is in the script, not in a service agreement.</p> <h2 id="hard-isolation-the-vaultid-commitment-5"><strong>Hard isolation: The VaultId commitment</strong></h2> <p>VaultId is a 32-byte value committed inside every repayment leaf, computed as keccak256(abi.encodePacked(userEvmAddress, nonce)). It encodes which borrower and which credit line the vault belongs to, and no two vaults share it.</p> <p>A witness produced for alice&#39;s vault cannot be replayed against bob&#39;s, because bob&#39;s leaf encodes a different vaultId and the script won&#39;t validate. Hard isolation at the script level, not soft isolation at the bookkeeping level. Vault a has no script path to vault b. The blast radius of any single position is exactly one position, enforced by Bitcoin.</p> <h2 id="the-dcn-is-not-the-custodian-5"><strong>the DCN is not the custodian</strong></h2> <p>The repayment leaf requires the dcn&#39;s signature, which raises the obvious question: who signs for the dcn?</p> <p>The DCN ( Distributed Custody Network ) is the network of signers that holds threshold shares of the loanPubkey. The loanPubkey itself is an aggregate x-only key produced by a 3-of-4 threshold schnorr signing session (Lin24, BIP340). No single signer holds the private key. There is no &#34;the DCN&#34; in the sense of a single party with credentials to sign. There is a quorum, and signatures only get produced when enough independent signers participate.</p> <p>That distinction is what makes repayment non-custodial. In custodial lending, the second signature on a 2-of-2 closure comes from one custodian and that custodian, by definition, holds something that could move your collateral if compelled. In surge&#39;s model, no individual party can produce the dcn&#39;s signature. The threshold is mathematical, not policy. A subpoena to any single dcn signer doesn&#39;t reach into your vault any more than a subpoena to a single Bitcoin miner reaches into the chain.</p> <p>The cooperative requirement in the script, &#34;both signatures must be valid&#34;, sounds like a multisig with two parties. It&#39;s actually a multisig with you on one side and a network on the other.</p> <h2 id="the-borrower-s-single-key-signs-bitcoin-and-controls-the-usdc-5"><strong>The Borrower&#39;s single key signs Bitcoin and controls the USDC</strong></h2> <p>The other half of the non-custodial story is what&#39;s holding userPubkey. The answer is: the borrower, with a single private key that they hold themselves and that surge never sees.</p> <p>The detail that&#39;s easy to miss is that the same key controls both sides of the credit line. The borrower&#39;s private key signs the schnorr signature on the Bitcoin repayment leaf, and the corresponding evm address derived from that same key is where surge delivers the usdc against the collateral. One key, two networks. No platform-issued account, no surge-managed wallet, no hand-off between a Bitcoin identity and a dollar identity that depends on us linking them correctly.</p> <p>Different posture from most lending products, where the borrower holds a Bitcoin wallet, the platform holds a dollar account on their behalf, and the link between the two is administrative — kyc records, account ids, a support ticket if something goes wrong. In surge, the link is cryptographic. The same secret that proves the borrower can sign the repayment also proves they own the address that received the usdc.</p> <p>When the repayment leaf is satisfied, the borrower has signed for both halves of the trade: the btc being released back to them on Bitcoin, and the usdc obligation they hold on evm. Self-custody isn&#39;t a label on one side of the architecture. It&#39;s enforced on both.</p> <h2 id="why-it-scales-credit-5"><strong>Why it scales credit</strong></h2> <p>Credit&#39;s destroyer isn&#39;t a single bad loan, it&#39;s contagion. One position&#39;s collateral getting tangled with another&#39;s. One liquidation cascading into a margin call that wasn&#39;t supposed to be triggered. Pooled credit scales the blast radius, not the safety. More activity through a shared structure means more positions a single failure can touch.</p> <p>The repayment leaf is one of the places we refused to make that trade. Every taproot vault is its own UTXO, its own script tree, its own vaultId. Repayment for one vault has no script path to another. The blast radius of any single position is exactly one position, enforced by Bitcoin. The dcn signs by threshold, not by custodian. The borrower signs with their own key, on both sides of the trade.</p> <p>That isolation and that non-custodial posture were built in on day one, before there was a book to protect.</p> <p>The credit book grows. The blast radius does not. The thing you have to trust does not.</p> <p>Don&#39;t trust. Verify. 🟧</p> </blockquote> 2026-06-16T17:12:48Z https://nostr.ae/nevent1qqs9xthauh3dtyzrvs22ja2mkykuav59g09zsqmrlfmx0lzm7zpf46qzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2h9jely In reply to <a href='/nevent1qqsw5qm04338pwewvxapdc4eeyv3khu3zvgmha2urd8xv7jj6506gngy0pdn2'>nevent1q…pdn2</a><br/>_________________________<br/><br/>Watch the full founders&#39; take on YouTube 👉<a href="https://youtu.be/GrR_OUcYttY">https://youtu.be/GrR_OUcYttY</a> 2026-06-15T18:58:25Z https://nostr.ae/nevent1qqsw5qm04338pwewvxapdc4eeyv3khu3zvgmha2urd8xv7jj6506gngzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf25d7d5k App authentication went down. Your bitcoin didn&#39;t.<br/><br/>The app became unusable. The protocol never blinked. No vaults touched, no funds affected, your BTC stayed in its Taproot Vault the whole time.<br/><br/>That&#39;s not luck. It&#39;s architecture. The app is just a window. The protocol lives on bitcoin.<br/><br/>Yash and Michael break it all down in our new founders&#39; take: the two-layer design, bring-your-own-key, taproot vaults, BIP-110, and the DCN connecting Bitcoin and Base.<br/><br/>Android is live in the store; iOS is on testflight while we clear review.<br/><br/>An app outage never put a single sat at risk. That&#39;s design.<br/><br/> <video controls width="100%" class="max-h-[90vh] bg-neutral-300 dark:bg-zinc-700"><source src="https://blossom.primal.net/abe9eb24b8199bea7a9eb3730ce3f6c2109f094686a15c2c3b952a04f5e6c35b.mp4"></video> 2026-06-15T18:58:05Z https://nostr.ae/nevent1qqsrj98gcdprax9laktv9gu2c2xrpuc0qvqvkljt3sehx7mfvml0dsgzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf24zcmxd 🚨 App authentication is temporarily down. Your Bitcoin is not. 🚨<br/><br/>We&#39;ve run into an issue with our app authentication service, the layer that handles email OTP verification and keeps you signed in. We&#39;re fixing it now and adding a fallback to make it more resilient.<br/><br/>👉 No funds or protocol functions are affected; this is a front-end issue only.<br/><br/>🟡 What this means: existing users may get signed out, and new sign-ups are paused until this is resolved. The protocol itself is untouched, your BTC is in its Taproot vault exactly where it was, unilateral exit path unchanged.<br/><br/>🟧 Verify it yourself: the earn dashboard at earn.surge.credit is live and running, independent of the app. App fixes have to go through app store review, which is why this takes a little longer to resolve on the front end.<br/><br/>🟢 Your options, no rush:<br/><br/>1️⃣ Use a TestFlight (iOS) / open testing (Android) build, links coming soon<br/>2️⃣ Or wait for the production fix, currently in the normal app store review queue (can take a few days)<br/><br/>We&#39;ll post here the moment the production update is live.<br/><br/>⚠️One thing to watch: no need to panic. Refer only to our in-app messages and official social handles. Stay away from any scams.<br/><br/>Don&#39;t trust. Verify 🟧<br/> 2026-06-12T15:34:55Z https://nostr.ae/nevent1qqsv8xhlzvz5gxa9l0x3aefzw07hjw8apwqx8n5h9g49ankja6axkeczyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf243mm4q <br/>Partial Withdrawals are live on Surge 🎉<br/><br/>Until now, pulling Bitcoin collateral meant fully repaying your credit line first, even if your taproot vault held far more than your debt required. that&#39;s done.<br/><br/>When your credit line is below 50%, you can now withdraw excess collateral straight to your self-custodial wallet. The vault stays intact: every tapscript spending path and your unilateral exit, untouched.<br/>draw, repay, and now withdraw, on your terms. Full flexibility for Bitcoiners, as far as it gets.<br/><br/>Full walkthrough 👇<br/><br/><a href="https://youtu.be/qA_1x0OVSVc">https://youtu.be/qA_1x0OVSVc</a> 2026-06-11T21:42:39Z https://nostr.ae/nevent1qqsxrkwdws225vyxn6ne6wh268p2cj60qz8qlwzzxayx2rq00cfs08czyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2ywaate In reply to <a href='/nevent1qqsvups8vgp2t47vu3rn7kqp9hnyww9dw52h7gl7633mkuaqud3p4mqk0zuxd'>nevent1q…zuxd</a><br/>_________________________<br/><br/>💯 2026-06-11T17:53:29Z https://nostr.ae/nevent1qqsw59tjrdfp3yh5arxzjfvyy0c7ufn9kyv83duclg3st7f0zucx28czyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf24zgx8n 8% ≠ 14%<br/><br/>Every bitcoin lending product sells you one number. The APR. And it&#39;s not a lie, the rate is real, and it&#39;s usually the biggest single piece of what you pay. But it&#39;s almost never the whole thing, and the distance between the headline and the total is the part nobody puts on the homepage.<br/><br/>So let&#39;s build the real number. Line by line. Watch it move.<br/><br/>Start low. 8%. The kind of rate the most aggressive products lead with, and to be fair, it&#39;s a good number. It&#39;s also the floor, what you pay before anything else gets added. Keep it on screen.<br/><br/>8%<br/><br/>1️⃣ Origination first. One to two percent on average, up to three on some sizes. Call it two. And here&#39;s what matters: on a revolving line, that fee can hit every draw, not once at the start. So it isn&#39;t a setup cost you pay and forget. It&#39;s borrow cost. Every time you pull.<br/><br/>8% + 2% = 10%<br/><br/>2️⃣ Repayment next. Some charge you to pay the thing back down, a few tenths of a percent on the way out. Others just won&#39;t let you prepay cleanly, which is worse, because now your own flexibility is the penalty. Call it half a point.<br/><br/>8% + 2% + 0.5% = 10.5%<br/><br/>3️⃣ Then the one almost everyone misses: the fee for just being in the loan. Maintenance fee. Platform fee. &#34;Capital charge&#34; if you&#39;re talking to the newer crowd. Same mechanic underneath, a recurring annual charge, usually sitting on your borrowed balance, for the position simply existing. Roughly two percent.<br/><br/>8% + 2% + 0.5% + 2% = 12.5%<br/><br/>And we were generous the whole way down. Origination runs to three. The 8% was the headliner tier, borrow less and you often price higher from the start. Add a margin call or a forced repay in a volatile week and there&#39;s more. The honest all-in number on much of the market sits closer to 13–14%.<br/><br/>So the rate you were sold was 8%. The cost you actually carry is closer to 14%. Same loan. Same collateral. The headline was real, it was just never the whole number. Independent comparisons keep landing in the same place: fees can push the effective rate fifty percent or more above the sticker.<br/><br/>And none of it is technically hidden. It&#39;s all in the docs. It&#39;s just scattered five pages, a calculator, a fee schedule while the single cheapest number gets the homepage to itself. That&#39;s not an accident. The headline is built to be read. The total is built to be assembled by you, later, if you bother.<br/><br/>So, builder to borrower, here&#39;s the wisdom:<br/>Never compare headline APRs. Compare effective cost. The rate plus every fee you&#39;ll actually trigger, at your size, across the full life of the loan. And ask any lender one question, what&#39;s my all-in cost, per dollar borrowed, per year? If they can&#39;t give you one number, that&#39;s your answer.<br/><br/>Don&#39;t trust, Verify 🟧<br/><br/> <img src="https://blossom.primal.net/2d74da04152cda92f4cad3b7323d4c9ef4c779ccce77d763b1d7c1bcd56cf966.png"> 2026-06-10T21:56:19Z https://nostr.ae/nevent1qqsv79mcu83n4g7wktwqj8e2nkqt024g9fk5ca937udzp3k6v6jytygzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf28ufjfs Some of the best surge coverage yet, from the PBJ podcast, Steve lee, DK, and Max, Bay area bitcoiners.<br/><br/>They unwound the inner workings, not just the surface:<br/><br/>1️⃣ Bitcoin-native : btc stays on bitcoin. no wrapping, no bridging, no leaving the chain.<br/><br/>2️⃣ A revolving credit line, not a loan and no kyc. borrow against your BTC without handing over your identity.<br/><br/> 3️⃣ Taproot used the way it was designed, not chain spam. the NUMS key (SHA256(&#34;SURGE-NUMS&#34;)) closes the backdoor taproot otherwise leaves open, provably unspendable internal key, so the only paths are the tapscript ones.<br/><br/>4️⃣ Unilateral exit, the CSV timelock matches the credit line&#39;s term, so you can always sweep your own UTXO back without anyone&#39;s cooperation.<br/><br/>5️⃣ No riding morpho or existing defi markets. Surge bootstraps its own liquidity. one of its kind, and bitcoin-native to the core.<br/><br/>and they pressed where it matters, DCN trust assumptions, oracles. The open questions. exactly the ones to ask.<br/><br/>Surge starts ~9 min in 👉 <a href="https://www.youtube.com/watch?v=we7gHhi9xiY">https://www.youtube.com/watch?v=we7gHhi9xiY</a> 2026-06-08T22:35:16Z https://nostr.ae/nevent1qqswtuv7hzlfct6ktg7u4csyysuxevjtghwkh8a39mufl60x0gd30xczyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2zux0sa This week at Surge.<br/><br/>We crossed 10 BTC locked in collateral. Every satoshi sits in a Taproot vault the borrower can exit unilaterally. No rehypothecation, no IOU. <br/><br/>1️⃣ Mon: release notes, what shipped<br/>2️⃣ Tue: deep dive on unilateral exit, the Tapscript spending path that lets you reclaim collateral without anyone&#39;s permission<br/>3️⃣ Wed: same mechanism, borrower&#39;s lens, why unilateral exit is the difference between a credit line and a custodial IOU when things go wrong<br/>4️⃣ Thu: 10 BTC milestone, and a maintenance window to harden the signer set as part of our ongoing audits<br/><br/>Putting the system into maintenance to harden it is the kind of thing you only do when you&#39;ve got nothing to hide. <br/><br/>Don&#39;t trust. Verify🟧 2026-06-05T21:07:01Z https://nostr.ae/nevent1qqswrs96ay28dyyc4gws4faaam8zsg47vafpd7khay2y2m5yahf9l3czyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf22szp5q Scheduled maintenance: June 5, 08:00–08:30 UTC (30 min).<br/><br/>This release ships security hardening, including remediations from our ongoing security audit. <br/><br/>🟧 Full report to follow.<br/><br/>✅ Your BTC stays in your Taproot vault throughout, unilateral exit unaffected<br/><br/> <img src="https://blossom.primal.net/0c2aa1c55aa62af36942a3cb79fa0803a37219c9a5446594fbfce73961624c38.png"> 2026-06-05T05:06:59Z https://nostr.ae/nevent1qqsrutwrzj8qe2xfrds02utu7ztglzp8unj0zj24zerpmvrdtn0ag3qzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2x8dgde The hardest question in Bitcoin lending!<br/><br/>Bitcoin is a bearer asset and that one fact should change how you think about every loan you take against it.<br/><br/>Whoever can sign for Bitcoin owns it. No chargeback, no recovery department, no court that reverses a spend. So the moment you post it as collateral and sign it into a lender&#39;s custody, ownership has effectively moved. That&#39;s not a flaw in any single lender. It&#39;s the nature of the asset.<br/><br/>Now layer on the standard terms. Most Bitcoin loans run around 50% LTV, you borrow a dollar against two dollars of BTC. You&#39;re over-collateralized by design, which means the asset you&#39;ve handed into someone else&#39;s control is worth materially more than the money you walked away with.<br/><br/>So the question that matters isn&#39;t &#34;will they treat me fairly while they&#39;re running.&#34; Most lenders are legit and will. It&#39;s this:<br/><br/>🚨 If they go down, you still have your borrowed dollars, but what happens to the Bitcoin, the part that&#39;s worth more than the loan? 🚨<br/><br/>That&#39;s the exposure nobody quotes you. Your dollars are already in your pocket. Your collateral, the larger number sits in a custody arrangement that quietly assumes the lender keeps existing. A withdrawal portal doesn&#39;t change that: a portal is a permission, and permissions need someone alive to grant them.<br/><br/>A real answer can&#39;t live in a terms-of-service doc. It has to live in Bitcoin itself, a spending path on your collateral that returns it to you, and only you, even if the lender and everyone coordinating it is gone. Script as the final authority, not the company&#39;s survival.<br/><br/>It&#39;s a hard standard, and it&#39;s the one we built Surge around. But the question belongs to you wherever you borrow. You gave up custody of the larger asset, make sure you know exactly how you get it back.<br/><br/>Don&#39;t trust. Verify. 🟧<br/><br/> <img src="https://blossom.primal.net/dda7b53a4966b7960a97a1f5988dd1b6ab076a146776b9d020102eb5675622cf.png"> 2026-06-03T23:00:49Z https://nostr.ae/nevent1qqs9swp85f7f24e2zwd5rldrzhgh8fj8cq74zx9t4fcgknjvpdyw0fszyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2pwczzn &#34;Non-custodial&#34; got watered down to &#34;we let you withdraw.&#34; That&#39;s a permission, not a guarantee, it assumes we&#39;re still here to grant it.<br/><br/>Surge is built so your Bitcoin comes home even if we don&#39;t. Here&#39;s the Exit path, the OP_CSV timelock, and why the guarantee lives in Bitcoin script instead of our terms of service.<br/><br/>Don&#39;t trust. Verify. 👇<br/><br/>nostr:naddr1qvzqqqr4gupzpqa3wyy9rlu3gggxnsglwnfz0q790cy3aamwzl6ztchy75npcey4qythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0qqk8w6rpwskksctswpjkuuedw3hj67t0w4ez6cnfw33k76tw945kvtthv5kkg6tnv9c8qetpwg9nd0ww 2026-06-02T19:45:31Z https://nostr.ae/nevent1qqsf8y7vfecnfzlfrm3wxlrgckk7007l6hah947patg55707gu8utnczyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf24cx263 In reply to <a href='/nevent1qqspnw8rl472uavt98ymlsd3twh7j2xqc7q58rgqegs43rzry0uv5dgykadmn'>nevent1q…admn</a><br/>_________________________<br/><br/>What we&#39;re working on, what&#39;s next, and everything between the data points, read the latest in our newsletter → <br/><br/><a href="https://surgecredit.substack.com/p/non-custodial-with-slick-ux">https://surgecredit.substack.com/p/non-custodial-with-slick-ux</a><br/> 2026-05-29T01:08:08Z https://nostr.ae/nevent1qqspnw8rl472uavt98ymlsd3twh7j2xqc7q58rgqegs43rzry0uv5dgzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2k2c7ey Surge Protocol — Week 8.<br/>9.12 BTC locked in Taproot vaults.<br/>No yield bait, no rehypothecation, no press releases dressed up as traction, just quiet, week-over-week growth from holders who actually read the spec.Heads down on audits. Curve speaks for itself.<br/> <img src="https://blossom.primal.net/901f19e1154aad703a87fa75184642ea0f2c478f1fa7fd07a5e0379a0a96c76e.png"> <br/><br/> 2026-05-29T01:06:43Z https://nostr.ae/nevent1qqsqfveqa2v4nuag4wjrjmdzm457mttvafcgmmxrdp85rrs0xpzkh6gzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2vy9ygd Taproot isn&#39;t a privacy upgrade. It&#39;s the most programmable thing bitcoin ever shipped and almost nobody uses it.<br/><br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsg8vt3ppglly2zzp5uz8m56gnc83t7py00wmsh7sj79e84ycwxf9g79h2hy" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>surge</span> (<span class="italic">nprofile…h2hy</span>)</a></span> built its whole non-custodial credit stack on it. A key-path backdoor we provably don&#39;t have. Three spend paths you can read. An exit enforced by script, not by us.<br/><br/>Don&#39;t trust. Verify. 👇<br/><br/>nostr:naddr1qvzqqqr4gupzpqa3wyy9rlu3gggxnsglwnfz0q790cy3aamwzl6ztchy75npcey4qythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0qqshw6re94eh2un8v5kkxun9v35hgttzw45kcapddahz6arpwpex7mm56vl925 2026-05-26T22:39:33Z https://nostr.ae/nevent1qqsvs86z9c553xvvcrnplw8jx87ynjeu88sn33vmrlu4ve06zfdagxczyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2m9j293 Surge Protocol · Week 7<br/>9.04 BTC locked → +2.7% WoW<br/><br/>Every sat verifiable on-chain. No custody, no rehypothecation, no trust required. Don&#39;t trust. Verify. 📈 <br/><br/> <img src="https://blossom.primal.net/40a4021009aa9fedf2753a2f33b714e1a348c4b333c3b6c0dc3246899d22cee7.png"> 2026-05-22T01:16:06Z https://nostr.ae/nevent1qqs8vwf73te98pqhh240wkw9gxtsthapl3d68awjtyc73cnlgxz4dqczyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2mywtmx In reply to <a href='/nevent1qqsw43k4vrsn4s5p8fz0t4kj378t2avwfaevnwncz9mczx24qnjnvnckegg5k'>nevent1q…gg5k</a><br/>_________________________<br/><br/>Full independent review by <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyd8wumn8ghj7mn0wd68ytnjv4jkcmn9w3mk7unt9ejh2qpqk7p7673jgvaevxrl2pmpsdzq4908ltzreycgyeyrxw4mjz8m3rdqdtj4fc" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>bitcoin</span> (<span class="italic">nprofile…j4fc</span>)</a></span> → <a href="https://www.bitcoin.diy/reviews/surge-credit">https://www.bitcoin.diy/reviews/surge-credit</a> 2026-05-21T22:55:14Z https://nostr.ae/nevent1qqsw43k4vrsn4s5p8fz0t4kj378t2avwfaevnwncz9mczx24qnjnvnczyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2ccy06n Independent review from <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyd8wumn8ghj7mn0wd68ytnjv4jkcmn9w3mk7unt9ejh2qpqk7p7673jgvaevxrl2pmpsdzq4908ltzreycgyeyrxw4mjz8m3rdqdtj4fc" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>bitcoin</span> (<span class="italic">nprofile…j4fc</span>)</a></span> is in.<br/><br/>Surge Credit: 7.5/10<br/><br/>What they validated: <br/>◆ Custody model 10/10 — &#34;best in class&#34;<br/>◆ Taproot vault on mainnet, key-path spend mathematically disabled<br/>◆ Unilateral exit: recover your BTC yourself if Surge disappears<br/>◆ Zero rehypothecation, verifiable on-chain<br/><br/>What&#39;s still open — and we&#39;re on it:<br/>◇ EVM audit (in selection)<br/>◇ DCN signers public in June<br/>◇ No liquidation cascade survived on mainnet yet<br/><br/>Don&#39;t trust. Verify. Review in comments. 👇<br/><br/> <img src="https://blossom.primal.net/951d527c26ce4d438a608daa75842d08a797f4f5bbb5df13d6bee4f1dee52395.png"> 2026-05-21T22:54:01Z https://nostr.ae/nevent1qqsvre80n7lhq43r2e69ntrsq2c9mq4zmlxnhrxx35qmq2ygjvxn9fgzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2hc2wrg &#34;Liquidation LTV: 80%.&#34; One line on your dashboard. Reads simple. It isn&#39;t.<br/><br/>It&#39;s three decisions:<br/> <br/>1️⃣ The line : industry ~80%, margin calls ~70%.<br/><br/>2️⃣ Your draw LTV : the only dial you hold. 80% line, draw 50% → BTC falls ~37% before you&#39;re cut. Draw 70% → ~12% does it.<br/><br/>3️⃣ Full or partial : full closes everything. Partial cures you back to a target. And mind the gap: cure to 75% from an 85% trigger = thin buffer, re-liquidates easily. Cure to 65% = real room. Higher isn&#39;t safer. Read both numbers, they differ by platform.<br/><br/>Size to survive a February. Don&#39;t trust, verify.<br/><br/>Slides 👇<br/><br/> <img src="https://blossom.primal.net/46a1e4f56428dcca6b80069d9c530b3fdc73424ba2d7830b8f5f2b39c6f31a00.png"> <br/> <img src="https://blossom.primal.net/00d2f12f011a31e7f35d9dd01a3049ee451c049c2d5ec7120a469de8501c81b7.png"> <br/> <img src="https://blossom.primal.net/35eb5f9ce51ba37573b627f28a678eee53e4d591000f5b7c50250e3d612870d4.png"> <br/> <img src="https://blossom.primal.net/fe12e453974e93052cfe603e90cd7f18b8e48c7c9bbfaf4f657334aa600349e8.png"> <br/> <img src="https://blossom.primal.net/b330a1c340c7e58d79e0212f74917361a8149f3aaef3c14182a4e02aa8aa0dbc.png"> <br/> <img src="https://blossom.primal.net/12ce76b42d9078cf6cd783cd7e0b88a221bc7fbd04c694900b8d7c271299fe56.png"> <br/> <img src="https://blossom.primal.net/477d5e3137a5fc3a94389484a0ffb320c8b7c4b0cef6a46bf6f3d1231d26fa02.png"> <br/> <img src="https://blossom.primal.net/ea30d0a8e17689f47595c663ca008a6cffaced6df972b6aeb20c304aedbab52d.png"> 2026-05-20T19:02:41Z https://nostr.ae/nevent1qqsgc099ln070s2zn9ffe3rnj8f9945e2znjrap2nutpnuju0u0puyczyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2hhu6hc In reply to <a href='/nevent1qqsrhyl7nvhc0u8kpum0d3j4nshh9e8ydv769sz3whpvyj4y3r2k8wc2e95kf'>nevent1q…95kf</a><br/>_________________________<br/><br/>Yes, on the roadmap 2026-05-20T15:02:24Z https://nostr.ae/nevent1qqs9xxvdkmfw6jnwzqduplquqdysmuaqd9lqaq99cx5mdyr47z7dfagzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf206uv0e Three layers in any TSS deployment, and the post-THORChain conversation has been mixing them:<br/><br/>Protocol — Schnorr/BIP340 ≠ ECDSA. The MtA surface that produced TSSHOCK doesn&#39;t translate.<br/>Posture — every signer is critical infrastructure. Software-only is insufficient.<br/>Architecture — TSS as one Taproot spending path, not the whole security model.<br/><br/>Don&#39;t trust, verify. At every layer.<br/><br/><a href="https://primal.net/surge/the-right-way-to-lose-your-threshold-key">https://primal.net/surge/the-right-way-to-lose-your-threshold-key</a> 2026-05-19T20:12:49Z https://nostr.ae/nevent1qqsyxuc095sqgsyst33p4jpfymsf3dx2exwwevzgzuz7hewhshfypcszyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2magg8k The most common question from Bitcoiners borrowing on Surge: where does the capital come from? 🤔<br/><br/>Answer: anyone, permissionlessly. Connect an EVM wallet, deposit USDC on Base, earn yield backed by Bitcoin collateral in Taproot vaults you can verify yourself.<br/><br/>No KYC. No synthetic collateral. No rehypothecation.<br/><br/>Don&#39;t trust. Verify.<br/><br/>Full walkthrough of the Earn dashboard in the replies. 💬 <br/><br/><video controls width="100%" class="max-h-[90vh] bg-neutral-300 dark:bg-zinc-700"><source src="https://blossom.primal.net/db822c4cdc1573c93200d77edbbddd9480f1ef11a8783519b4cb5a8f7a9d0504.mp4"></video> 2026-05-14T17:51:28Z https://nostr.ae/nevent1qqsq0ksrdr408uf3dwk64jlnum48ey59h8syfvwl5ykgsfxxmgynljczyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2pqvcyh In reply to <a href='/nevent1qqsxt00t2tg9rm8lhfhnem5dcf8d6vtr5fxr6z53xy96jlh6rnlt6eq6h936z'>nevent1q…936z</a><br/>_________________________<br/><br/>Yes <br/><br/> 2026-05-11T02:39:30Z https://nostr.ae/nevent1qqs05c3t6y5sd50llk5vwc9sva399v2evg3tmr345w6c9wqpnlx8uhszyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2vdsecl Founders&#39; conversation.<br/><br/>Yash and Michael talking through what the last 4 months of private beta taught us, what Vegas felt like from the booth, and where Surge is pointing next.<br/><br/>The strongest signal in Vegas wasn&#39;t excitement at the booth. It was Bitcoiners opening our Taproot collateral addresses on block explorers of their choice and verifying for themselves.<br/><br/>That&#39;s the whole point.<br/><br/><a href="https://www.youtube.com/watch?v=Hd93aD0UcD0">https://www.youtube.com/watch?v=Hd93aD0UcD0</a> 2026-05-08T22:09:22Z https://nostr.ae/nevent1qqsqhk6qs98gga37k4593nxn2cmtp2ulxa3e72fn8fv03s6tz6vy3sgzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2twslgu In reply to <a href='/nevent1qqs8mvm57pqr2wnvfcqdgrrreek5pxqjpjtnhm0asryl8vrmn2xwl0c0frtuw'>nevent1q…rtuw</a><br/>_________________________<br/><br/>Try it → <a href="https://earn.surge.credit">https://earn.surge.credit</a> 2026-05-08T18:41:19Z https://nostr.ae/nevent1qqs8mvm57pqr2wnvfcqdgrrreek5pxqjpjtnhm0asryl8vrmn2xwl0czyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf24z7fvj New Earn dashboard is live.<br/><br/>Connect any self-custodial EVM wallet. Supply USDC. Earn yield backed by native Bitcoin in verifiable Taproot vaults: not wrapped, not rehypothecated.<br/><br/>See it all on-chain:<br/>→ Bitcoin Locked<br/>→ BTC Volume Processed<br/>→ Vaults backing every position<br/><br/>Real yield from real borrowing. No mercenary emissions.<br/>Don&#39;t trust. Verify. <br/><br/> <img src="https://blossom.primal.net/1e179949d95cc5b3398b3845a610c9b441b499d3bc5e231e5cb810817f0d3cf2.png"> 2026-05-08T18:40:44Z https://nostr.ae/nevent1qqsytqy82fk4rqngqyfn5mwnufch0ur50dkftgdv4unxzhvchps075czyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2m2c7my Best week at Bitcoin 2026, Las Vegas.<br/><br/>One thing was loud and clear:<br/>Bitcoiners don’t trust what they can’t verify.<br/><br/>We kept hearing this:<br/>“Other lenders here don’t even explain how the BTC is held.”<br/><br/>That’s the gap.<br/>BlockFi, Celsius — those scars are still real.<br/><br/>When we show exactly how it works, on-chain collateral, clear paths, no black box, the conversation changes instantly.<br/><br/>→ “This is a credit line?”<br/>→ “Starts at 6.9%?”<br/>→ “I can verify this?”<br/><br/>Strong signal.<br/><br/>Back to building. More soon.<br/><br/> <img src="https://blossom.primal.net/26b2b7c44278f86745ec7529fc252295ff8d0ee1eb0f2a9fb1c048e2534b2458.jpg"> 2026-05-01T21:30:33Z https://nostr.ae/nevent1qqsrtx0ljphy87udplhhvsta0nfzxqnk6e4gwhyzvgqn9yxvpmc5fdczyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2t64v9p Day 3.<br/><br/>Kept hearing the same thing yesterday:<br/>“Most real booth here.”<br/><br/>Not flashy. Just showing how it actually works.<br/>Bitcoiners care about that.<br/><br/>Also had our power users pull up — sharing real usage, bringing friends over. That’s the signal.<br/>Product is getting validated in the open.<br/><br/>Day 3. Let’s go. <br/><br/><br/><br/> <img src="https://blossom.primal.net/434dc38bedd8a07f1145a5b7a92aa36dd0bb52aae9805d9839dc27af9c65f737.jpg"> 2026-04-29T16:59:16Z https://nostr.ae/nevent1qqsxt00t2tg9rm8lhfhnem5dcf8d6vtr5fxr6z53xy96jlh6rnlt6eqzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2etqzq9 In reply to <a href='/nevent1qqsfsnch4mgxxh8eunu3vnnntesm2uk8mx28duueffhkestuexxym8q7hxuzc'>nevent1q…xuzc</a><br/>_________________________<br/><br/>ACH, Card coming soon, for vouchers we directly work with the distributors like bitrefill does.<br/><br/>Its most usable stable coin out in the market, USDC. <br/><br/> 2026-04-28T17:18:27Z https://nostr.ae/nevent1qqsrkcayh6ffs5yve0vrt8k94jehgqpdl4pqr8f7n26us3vjnws2gpgzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2mxja0v In reply to <a href='/nevent1qqs9klr7l3r0x8qhwnl2m93zkwag2yku0rwdk356fpx6tvr8645l8hg432tp3'>nevent1q…2tp3</a><br/>_________________________<br/><br/>No-KYC <br/><br/> 2026-04-28T17:01:40Z https://nostr.ae/nevent1qqsr054v2z5kd00slymc3dqm3nhy07fk62ynkkpaw8p8vq60d6rz93szyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2v9s47n Day 2 at Bitcoin Vegas — nonstop.<br/><br/>“Wait… I can borrow how much I want? And it starts at 6.9%?”<br/><br/>That’s the moment.<br/>Booth’s been packed.<br/>Bitcoiners getting it instantly.<br/><br/>Demos → questions → rethinking everything they use today.<br/><br/>This is what we came for. Let’s go. 🚀 <br/><br/><br/><br/> <img src="https://blossom.primal.net/f2e1bf513d571281875f5671e3b4ba6880d075a23e9635b55829cd46682a5045.jpg"> 2026-04-28T17:01:21Z https://nostr.ae/nevent1qqspmv0d8ysjsn9872tarvnnfuu8kf0r9aaj9jphztnujd49tdag2sszyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf20xrvk0 Surge is now in public beta 🎉<br/><br/>After months in private beta, Surge is open for anyone to download and try — a Bitcoin-native dollar credit line built for Bitcoiners.<br/><br/>We’re already 8 BTC in, and users are actively opening credit lines.<br/><br/>It’s credit, not a loan.<br/><br/>Download Surge and try it today.<br/><br/> <video controls width="100%" class="max-h-[90vh] bg-neutral-300 dark:bg-zinc-700"><source src="https://blossom.primal.net/0b0902560abeeb2c921878939e188c367679acd7ed3158b4a5c0fe1b819d7039.mp4"></video> 2026-04-27T16:14:23Z https://nostr.ae/nevent1qqs0wrt0edj2gnywv767vudn8cn2ksp6p9kjfmfkh6m07umwu4kk8hqzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2h8uftj Unilateral exit, or it’s not non-custodial.<br/><br/>At Bitcoin 2026, Surge will be speaking on how Bitcoin credit lines can be built with Tapscript: using repayment, liquidation, and time-locked recovery paths directly inside a Taproot tree.<br/><br/>The goal: make user protections script-level guarantees, not policy promises.<br/><br/>📍 Workshop &amp; 101 Area<br/>🗓️ Monday, April 27<br/>⏰ 1:30 PM<br/>🎙️ Yash Belavadi &amp; Michael Borglin<br/><br/>Come join us in Las Vegas.<br/><br/> <img src="https://blossom.primal.net/6af0ceacf248f2be1ae107e51c6f7d12162d3d9c1beac2a5eee9443abdfbcf5c.png"> 2026-04-24T01:30:09Z https://nostr.ae/nevent1qqsrf9klze903flxj0cx4jr473krfkksv5nqhvmqdrwh38szfn24h9czyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2smmjvh <br/>The Surge founding team will be at Bitcoin 2026 in Las Vegas.<br/><br/>We’re looking forward to meeting fellow Bitcoiners and connecting in person with the community. If you’ll be there, we’d love to meet.<br/><br/> <img src="https://blossom.primal.net/504178aad333803446eb212e3253e5d734f79210c3501133c5238c80b942f08c.png"> 2026-04-22T19:15:32Z https://nostr.ae/nevent1qqs2shnz3ghxglmvmyd6cwagsnsh93u4cnqem89w9447mzz46pjqzyqzyzpmzugg28lezsssd8q37axjy7pu2lsfrmmku9l5yh3wfafxr3jf2skc5y6 Come see what Bitcoin-backed credit should look like ➡️<br/><br/>0 rehypothecation. Full sovereignty. Unilateral exit.<br/>And the ability to verify your Bitcoin at all times.<br/><br/>Meet us at #Bitcoin2026 Las Vegas<br/>🗓️April 27–29<br/>📍Booth 875 <br/><br/> <img src="https://blossom.primal.net/b6ebe226c81c9b178a83beec7220e3de761fb9c807b0543316108880f9636749.png"> 2026-04-20T17:23:08Z