lnbits-legend VS LndHub

Presenting LNBits!!!!

Recurring Bitcoin payments over lightning are coming - with recent announcements from lnbits (here) and CoinCorner (here)

If you take a look at the free, open source, off-the-shelf software LNBits (lnbits.com) there is no programming needed. You can even just pay $12/mo to https://voltage.cloud and have it all hosted in the cloud and is set up in <90 seconds. All the things I mentioned in the OP have a pretty UI to configure it all.

2.) Set up your own self-hosted install of https://lnbits.com (or use cloud hosted version at https://voltage.cloud for ~$10 USD/mo).

> I think you make an interesting point about micro payments. Micro payments could be an avenue for crypto to actually achieve some legitimacy and usefulness.

I've been testing out the Lightning Network (Layer 2 of BTC) recently and it seems that the future has arrived. I can accept micropayments in BTC over LN, which get immediately converted to dollars and deposited to a bank account in USD. All for ~$0.01 fee per transaction. Here's how:

1.) Open an account at https://strike.me. This app is very similar to CashApp, but supports getting paid on the Lightning Network. I believe CashApp is also working on this functionality.

2.) Set up your own self-hosted install of https://lnbits.com (or use cloud hosted version at https://voltage.cloud for ~$10 USD/mo).

3.) Connect LNBits to Strike.

4.) Set up a Point of Sale (or paywall, or event tickets, or tip jar, or anything else) on LNBits.

5.) Collect a payment in LNBits.

6.) That BTC is immediately forwarded to Strike, converted to USD and available for withdrawal to your bank account.

Following these steps you can collect micropayments in USD for next-to-nothing fees and no exposure to the volatility of BTC.

LNBits - Withdraw extension - https://github.com/lnbits/lnbits-legend/tree/main/lnbits/extensions/withdraw

There's a draft pull request in LNbits for this purpose, and an accompanying article that describes the process of initializing the card. So the tools are still in the process of being built for home use atm.

Sounds similar to LNbits: https://lnbits.com/

LndHub v1.4.1 (Released: 26th September 2021) - https://github.com/BlueWallet/LndHub/releases

You can change fees by editing lndhub config file. You just need to find where it is located. For umbrel (rpi4) you will find all info here: https://github.com/BlueWallet/LndHub/issues/294

LndHub v1.4.1 (Sep 26th, previous release was v1.4.0 on Sep 22nd): Release page "Updated Debian in dockerfile from 12-buster to 16-bullseye"

LNDHub v1.4.0 (Sep 22nd, previous release was v1.3.5 on Jun 21st): Release page

You could use something like https://github.com/BlueWallet/LndHub which is a software on top of LND that allows for multiple accounts. So you could run the LND and manage the channels while having multiple clients that don't have to bother with all of that but just use create accounts on top of our setup to utilize the lightning network.

Ref: https://github.com/BlueWallet/LndHub/issues/285

BlueWallet relies on what are called LndHubs, essentially an account system on top of a lightning node. By default, BlueWallet uses their own LndHub when you install their app. But you can provide your own. You could either manually set up an LndHub, or use this incredibly simple solution: