Lightning-Network
lnd
Lightning-Network | lnd | |
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40 | 250 | |
92 | 7,497 | |
- | 0.8% | |
4.0 | 9.9 | |
about 1 month ago | 1 day ago | |
Go | ||
MIT License | MIT License |
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Lightning-Network
- FDIC closes Silicon Valley Bank after bank fails to raise new capital
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The Investors Who Still Think Crypto Can Make Them Rich
The main problem in my mind with the Lightning network is that in order increase transaction speed, it is reducing the decentralization by requiring participants to trust the other network operators that they create channels with. For the lightning network to really scale to a global payment system, we would need large central hubs for the payments to route through and you would end up with a poor imitation of the centralized banking system that bitcoin is attempting to avoid.
This page is a good collection of issues and criticisms of LN: https://github.com/davidshares/Lightning-Network
- Unpopular Opinion: If You Are a Bitcoiner, You Can Say Thank You to SBF, Do Kwon, or Alex Mashinsky. All of these crooks help shed light on why only the Bitcoin revolution matters in the future.
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Sam Harris' responsibility for cryptocurrency
Bitcoin specifically, transactions times and the layering, in essence the lightning network, has been a failure amid many embarrassing risks (some of which allowing for the possibility of a contract being intercepted). https://github.com/davidshares/Lightning-Network amounts to absolutely not being an effective currency system from the get go. An absolute waste of energy. Deflationary by design meaning a disincentive to sell baked into it. The volatile value means a completely undesirable means of exchange.
- Lightning is centralized and not anonymous at all
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Bitcoin hits lowest price in two years as Binance cancels FTX acquisition. Only the very beginning of the end for this PONZI.
Lightning network is an off-chain L2 solution, not bitcoin. Also terribly unreliable and vulnerable: https://github.com/davidshares/Lightning-Network
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Rogue Actor Disrupts Lightning Notwork With a Single Transaction ⚰️ 🫡... use Bitcoin Cash to be safe.
The truth about the Lightning Network: https://github.com/davidshares/Lightning-Network
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BTC on lightning has just flipped Nano. The USD Value of all the money in Bitcoin's lightning network has surpassed the Market Capitalization of Nano.
And I'm listing literally just a few issues. There's a more comprehensive list here.
- Stanotte avverrà l'evento, ovvero il "Merge" di Ethereum: da proof of work, diventerà proof of stake.
- One year on, El Salvador’s Bitcoin experiment has proven a failure
lnd
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Analyzing Bitcoin Transactions with Lightning Node Insights
Install LND: https://github.com/lightningnetwork/lnd/blob/master/docs/INSTALL.md#install-lnd Install Bitcoin Core: https://github.com/bitcoin/bitcoin/blob/master/doc/build-windows.md#building-with-mingw-w64-cross-tools
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Simulate your first Lightning transaction on the Bitcoin regtest network Part 1 (MacOS)
To be able to follow along, you must have both bitcoind and lnd installed.
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If I connect a personal wallet to my Bitcoin Lightning node, do I have to open a channel?
If you want multiple users, you'll need multiple node instances. LNbits (mentioned by /u/sos755) does not implement this. Rather, it simply abstracts the funds associated with a single node into multiple logical accounts. This means that the node administrator still has underlying control of all funds associated with the node. See this GitHub discussion for a bit more info: https://github.com/lightningnetwork/lnd/issues/2652
- recommendations for a docker container
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I have a dedicated LN seed phrase on a metal seed storage and would like to import it into an LN wallet + would like to have a basic backup of LN data on an encrypted cloud = Which wallet can handle this? Any advice? Note: I don’t want to run an LN node right now.
LND doesn’t use BIP39 mnemonics. https://github.com/lightningnetwork/lnd/blob/master/aezeed/README.md
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Advice/suggestions on running a BTC node (w/ lnd) on a Mac Mini 2018
Both Bitcoin Core and LND have binaries available for macOS, for example. I have not seen an actual guide to set everything up on macOS tho. It's quite similar to Linux honestly.
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How do you default LND to use Taproot and enable RBF (for on-chain transactions)?
As for taproot change addresses, this has been the default behaviour since version 0.15.5. Just update your lnd and you're all set.
- LND Channel Funds
- lnd v0.16.0-beta released! Huge update - bimodal pathfinding, fundpsbt changes, bug fixes, and more!
What are some alternatives?
WebGoat - WebGoat is a deliberately insecure application
lightning - c-lightning — a Lightning Network implementation in C
core - GO implementation of the Terra Protocol
lightning - Core Lightning — Lightning Network implementation focusing on spec compliance and performance
nano-node - Nano is digital currency. Its ticker is: XNO and its currency symbol is: Ӿ
umbrel - A beautiful home server OS for self-hosting with an app store. Buy a pre-built Umbrel Home with umbrelOS, or install on a Raspberry Pi 4, Pi 5, any Ubuntu/Debian system, or a VPS.
research
pytorch-lightning - Pretrain, finetune and deploy AI models on multiple GPUs, TPUs with zero code changes.
bitcoin-verde - Bitcoin Verde is a Java full-node implementation of the Bitcoin Cash protocol. Fully indexed, Bitcoin Verde is a unique, from the ground-up, implementation. Bitcoin Verde provides a block explorer, development library, and network implementation diversification.
awesome-lnurl - A curated list of awesome lnurl things.
EIPs - The Ethereum Improvement Proposal repository
loop - Lightning Loop: A Non-Custodial Off/On Chain Bridge