bolts VS lnd

True although I'm not talking about Ethereum smart contracts, I'm talking about Bitcoin ones which are very limited and not Turing complete. The lightning smart contract is like 20 lines and has been live since 2018, I feel the probability of the contract getting hacked is very low(famous last words!) https://github.com/lightning/bolts/blob/master/03-transactio...

LN is a protocol for sending signed txns around, keeping track of balances locally, and broadcasting channel open/close/justice txns. All the rules are outlined in the foundational BOLTs https://github.com/lightning/bolts/blob/master/00-introduction.md

BOLT12 offers an attempt to achieve some of the core functionality that LNURL provides without requiring the use of a web server. An offer encodes the data necessary to reach a node to request an invoice to make a payment, either a node_id, or a blinded path (the last few hops in an onion route, pre-computed and encrypted) to that node using onion messages. It also can encode a minimum amount for a payment, the currency being paid in, an expiry time and minimum/maximum quantity numbers (for purchasing multiple items).

In practice, I do not know if this is possible. I am quite unfamiliar with Bitcoin OpCode scripting and if the revocation tree of the channel state (which is just an unpublished Bitcoin contract) is expressive enough to allow inputting an arbitrary address to recieve the attacker's funds. I am attempting to use this documentation as a clue to whether or not, and how this might be possible: https://github.com/lightning/bolts/blob/master/03-transactions.md.

No they can't, that's the whole point of onion routing. The next hop doesn't know if the packet started with you or if you're just another node in the payment path.

Reference: https://github.com/lightning/bolts/blob/master/04-onion-rout...

There is a discussion to add to the lightning BOLT specification for 'inbound fees' which essentially enables a 'rebate' for using a particular channel to route through your node.

Basis Of Lightning Technology BOLT specificiations

tbh i have a text file with definitions of many of these because I constantly confuse them, most of which were pulled from using search at https://github.com/lightning/bolts and similar

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

To be able to follow along, you must have both bitcoind and lnd installed.

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

LND doesn’t use BIP39 mnemonics. https://github.com/lightningnetwork/lnd/blob/master/aezeed/README.md

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.

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.