Bitcoin Forum

Other => Beginners & Help => Topic started by: jinneas on July 23, 2021, 01:41:14 AM



Title: How to recive money with Lightning Network
Post by: jinneas on July 23, 2021, 01:41:14 AM
I used to have an e-wallet and I knew how to accept Bitcoin payments. But I recently learned that using the Lightning Network can also be used for payments, and it also has the advantages of low fees and fast payments.
I have a store and I want to use the Lightning Network to recive money. How should I do this?


Title: Re: How to recive money with Lightning Network
Post by: Bttzed03 on July 23, 2021, 02:22:03 AM
The Lightning Network FAQ https://bitcointalk.org/index.php?topic=5158920


Title: Re: How to recive money with Lightning Network
Post by: mk4 on July 23, 2021, 03:30:35 AM
BTCPayServer, I guess one of the most reputable BTC payments processors, also has Lightning.

https://docs.btcpayserver.org/
https://docs.btcpayserver.org/LightningNetwork/


Title: Re: How to recive money with Lightning Network
Post by: SquirrelJulietGarden on July 23, 2021, 04:45:58 AM
Lightning information (https://www.lopp.net/lightning-information.html)
Lightning Network -- Basics (documents, data pages, files, plots) (https://bitcointalk.org/index.php?topic=5287756.0)
Lightning Network Observer (https://bitcointalk.org/index.php?topic=5348270.0)
Eclair on mobile (https://www.youtube.com/watch?v=NHFG2GE_1r4) and you can use Lightning network for your purchase on Foldapp.com (https://foldapp.com/)


Title: Re: How to recive money with Lightning Network
Post by: JillianTaft on July 24, 2021, 07:02:13 AM
Below are answers to frequently asked questions about the Lightning Network. I think it is of great help to me, hope it can also help you. This is a great post.

https://bitcointalk.org/index.php?topic=5158920.0


Title: Re: How to recive money with Lightning Network
Post by: Robinson66 on July 24, 2021, 07:02:28 AM
About its sidecar channel blog:
https://lightning.engineering/posts/2021-05-26-sidecar-channels/ (https://lightning.engineering/posts/2021-05-26-sidecar-channels/)
This is a flash battery, you can find out;
https://lightning.engineering/pool/#more (https://lightning.engineering/pool/#more)
The link to the project is also there.


Title: Re: How to recive money with Lightning Network
Post by: jinneas on July 24, 2021, 07:38:38 AM
The Lightning Network FAQ https://bitcointalk.org/index.php?topic=5158920
Thank you for your answer, I have read part of the post and it is very helpful for me to understand the use of Lightning Network.


Title: Re: How to recive money with Lightning Network
Post by: khaled0111 on July 24, 2021, 08:46:24 PM
The problem with the lightning network is that it's still not easy to use for newbies and not many wallets support it. Besides, it's not yet suitable for big transactions.
I'm not trying to discourage you from adding it to your store but I don't expect you'll receive many payment through it.
If your concern is bitcoin high transaction fees, then you could think of accepting other currencies with low transaction fees such as LTC.


Title: Re: How to recive money with Lightning Network
Post by: Oshosondy on July 24, 2021, 09:07:30 PM
Besides, it's not yet suitable for big transactions.
Lightning network is better for paying small transactions, you visit a coffee shop daily, you can open a channel with the coffee shop owner and be using lightning network for the payment. This type of transaction will not be good on onchain but rather be good on layer 2. This will keep the mempool less busy if many people adopt lightning network.


Title: Re: How to recive money with Lightning Network
Post by: Rath_ on July 25, 2021, 05:43:21 PM
The problem with the lightning network is that it's still not easy to use for newbies and not many wallets support it. Besides, it's not yet suitable for big transactions.

BlueWallet (https://bluewallet.io/lightning/) provides a seamless Lightning experience for newbies. Also, my node routed quite a few large payments (up to 900k satoshis). I wouldn't be surprised if larger nodes were routing much bigger transactions.


Title: Re: How to recive money with Lightning Network
Post by: ndalliard on July 29, 2021, 10:38:07 AM
The problem with the lightning network is that it's still not easy to use for newbies and not many wallets support it.
i disagree - what is hard in installing an app? there is bluewallet, phoenix, walletofsatoshi and so on. sure some are more custodial than others, but i would argue that it is getting easier "every day"

maybe there will not be a lot of usage in the store, because it is obvious that you spend the "dirty fiat" first, before spending valuable sats. but then i heard there are also people having only bitcoin - they have to spend their sats one way or another