The Stroom Network presents an interesting proposition: staking your bitcoin on the Lightning network, and earning yield from the transaction fees that routing nodes are collecting.
https://youtube.com/watch?v=psw4Fn8mcjA
YouTube
S16 E54: Slava Zhygulin & Ros on Stroom Network, Bitcoin Staking
The Stroom Network presents an interesting proposition: staking your bitcoin on the Lightning network, and earning yield from the transaction fees that routing nodes are collecting. To better explain how this system works, Slava and Ros join the show!
Time…
Time…
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Lightning's Best Moments
The Stroom Network presents an interesting proposition: staking your bitcoin on the Lightning network, and earning yield from the transaction fees that routing nodes are collecting. https://youtube.com/watch?v=psw4Fn8mcjA
Telegram
Vlad C. Bitcoin Takeover Podcast in Drivechain Talk 🚗⛓️
If you guys hate Lightning, this interview is kind of a masterclass in exposing how much of a ghost town it is.
1. These guys have 20 million dollars in liquidity, but only routed 65k transactions (so they make $7k/month at best). Their business model is…
1. These guys have 20 million dollars in liquidity, but only routed 65k transactions (so they make $7k/month at best). Their business model is…
https://fixupx.com/Arthur_van_Pelt/status/1782840298055270416
Wallet of Satoshi user thinks Lightning is free
Wallet of Satoshi user thinks Lightning is free
🧵 Thread • FixupX
Arthur "Filterboy" van Pelt 🔥 ∞/21M ⚡ (@Arthur_van_Pelt)
@FastOhSoFast Stop lying, please, Phil. Since 2018 I'm using #Bitcoin with the Lightning Network protocol. I literally never opened nor closed a LN channel during one of my 500-1,000 LN transactions over the years.
1 satoshi or 0 satoshi is what is charged…
1 satoshi or 0 satoshi is what is charged…
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https://morehouse.github.io/lightning/lnd-deadline-aware-budget-sweeper/
Just an example of how much complexity and room for horrible bugs there is in every tiny aspect of Lightning.
Just an example of how much complexity and room for horrible bugs there is in every tiny aspect of Lightning.
Forwarded from Richard Ulrich
After upgrading the operating system of my node, I had some channels unilaterally closed by counterparties. And it keeps happening after two weeks. The CLN version is still the same as before. Payments are a bit less reliable but they still work most of the times. Hence connectivity should still be fine. So, why would they close unilaterally instead of cooperative?
this discussion is still going on after 5 years and a genuinely useful standard tested in the wild for years still has no expectation of ever being merged: https://github.com/lightning/bolts/pull/829
GitHub
Trampoline Routing (2021 edition) (Feature 56/57) by t-bast · Pull Request #829 · lightning/bolts
This proposal allows nodes running on constrained devices to sync only a small portion of the network and leverage trampoline nodes to calculate the missing parts of the payment route while providi...