"failreason": "WIRE_TEMPORARY_CHANNEL_FAILURE",
"failreason": "WIRE_REQUIRED_NODE_FEATURE_MISSING", From grepping the sources I conclude these are both related to tor connections in some way. The first seems to be nodes down the routing path being unreachable and the second I do not understand completely yet but it seems related to a disagreement of nodes regarding some HTLC parameters. Will keep reading the debug.log around successful and failed transactions to try to get a better understanding on what exactly happens under the hood. not sure the first is (only) tor related: case WIRE_TEMPORARY_CHANNEL_FAILURE: {
/* These are an indication that the capacity was insufficient,
* remember the amount we tried as an estimate. */
source: https://github.com/ElementsProject/lightning/blob/5c38e5a08fbf15cc4a7e31ef1a017b580b11a4c6/plugins/libplugin-pay.c#L1250 |
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würde hier nicht auch mempool.space gut reinpassen? kann auch selbst gehostet werden |
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I have a question about this: How much money can you make on running a Lightning Network node?
Unless you have a lot of coins, your earnings won't be enough to cover both hardware and maintenance costs. Why should you have a lot of coins deposited in your LN node? Aren't the users supposed to deposit and be responsible for their channel's capacity? Also, what prevents someone from allowing free transactions (not even for 1 sat per tx)? Aren't lightning clients choosing the node with the lowest fee rate? the earnings from a lightning node are in general proportional to the amount you have locked into your lightning node. meaning: the more liquidity you provide in channels, the more you can possibly earn (there are other factors, but generally speaking). and because the fees are relatively low (on lightning), you need a lot of channels with a lot of liquidty to earn a "decent" amount of sats the biggest cost (besides hardware/electricity or hosting costs) are the onchain fees to open and close channels and atm it is pretty hard to cover them with what you earn with routing fees. the exception is the mentioned "unless you have a lot of coins" maybe others have other experiences, but these are mine atm running my node for some months now |
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And for the base fee, free/0?
there are some people setting the base fee to zero because of a paper from rene pickhardt and stefan richter. i personally do the exact opposite. i don't charge a percentage fee, only a base fee Also I am wondering about tor vs. clear-net nodes, is it possible to "dual-host" a node on tor AND clear-net at the same time or do I have to stick with one or the other?
you can have both at the same time, even ipv4, ipv6 and tor if you want |
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It's true that when creating rings the channels are single-funded and your 'balanced liquidity' is only 'globally'. It shouldn't be an issue with low per-hop fees, but if you want, you can balance a ring once it's completed.
i did once a triangle and we set the fees to zero after every channel was open an balanced the triangle so that everyone had a 50/50 channel. after that we set our fees at whatever we wanted |
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Wonderful news!
Looks like it is not a news at all. It’s a tweet from 2019 I totally overlooked. Strangely enough, the tweet from an Italian bitcoiner that relaunched this and originated this post has strangely disappeared.  Embarrassment, embarrassment everywhere. the news is probably that it goes to print soonish?! at least that is what i heard recently  |
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I'm beginning to wonder if the growth in Bitcoin Lightning Network transactions correlates to the slump in mempool transactions (and their fees) that we have seen in recent months.
It would explain why the price has stabilized while the number of transactions in the mempool has at the same time appeared to stall.
not according to murch:  source: https://twitter.com/murchandamus/status/1438521484910075919 |
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Danke für deine Erinnerung, habe dadurch gestern tatsächlich den Stream nebenher auf dem TV laufen lassen.
yeah, wenn es wenigstens eine person erinnert hat, hat es sich gelohnt Im Livechat wurde sich leider immer wieder über die Kameraqualität beschwert, da frage ich mich wirklich was manche für eine Erwartung haben. Vor einigen Jahren war man froh wenn man mal ein paar Minuten als Aufzeichnung von solch einer Mission zu sehen bekommen hat.
hab mir den stream am anfang sehr bewusst angeschaut, später dann auch eher nebenher. schon faszinierend. und ich fand die kamera-qualität voll in ordnung. aber liegt wohl an meinem hintergrund und wie du sagst, ich weiss was es für eine leistung ist technisch gesehen, dass wir das einfach so von zu hause aus mitbeobachten können. der wahnsinn! |
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Dual-fund sounds good! Just a question: do you know why c-lightning only allows 1 channel between partners? Design decision? Limitation due to some networking library...?
just stumbled upon this tweet thread from niftynei (c-lightning developer), which at least gives one reason why only one channel is allowed: https://twitter.com/niftynei/status/1435031797650309125#mi think another might be complexity, but that is just an assumption from my side No. I am not proposing people do 0/0 fees. In fact I wonder if there is a risk in that for abuse.
I have recently been reading Rene Pickhard's opinion on the idea for zero base fees for the sake of pathfinding for micro-payments.
I do 0/0 on a channel that routes tons of 1-5sat payments. But currently that is the only one until I know that 0/0 is for sure not an attack vector. My main reasons for running a node are self sovereignty and to help the network. But I certainly respect that many folks are interested if profiting from it, or at least covering the costs for running it and future fees to close channels eventually.
my main reasons to run a lightning node are the same you mention. but i am hesitant about the zero base fee cause i don't know enough about it, i tried to read the paper from rene, but to be honest, i didn't understand it... its a new idea and everyone is just jumping on it. maybe i am just too sceptical... atm my node runs without a percentage fee and only a base fee which seems more logical to me, if my goal is to route as much as possible (without doing 0/0 which could open my node to some attacks) |
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live-event startet in ~30min. für diejenigen die das gerade noch spontan hier lesen. bin gespannt
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We could see if ndalliard is up for making a little triangle...
ndalliard
/\
/ \
/ \
Rath --------cAPS
If we set to zero fees we effectively add ALL of each other's peer channels with a zero cost single hop to them.
hmm, to be honest i still have to read about the #zerobasefee and you are now proposing to add both fees to zero? i've already a channel open to rath, that means rath would open one to caps and caps one to me? also, at the moment for example the balance of the channel from rath and me is on his side, so i've set the fees a little bit higher to discourage the usage of the channel from my side, cause no one can use it anyway from my side. i am not sure if i would like to set it to zero if it is not usable from my side... we can try that with the zero fees, but i can't promise that i will keep it that way Note that this channel between me and @ndalliard is active. 1ml.com lists it as closed for some reason. its now displayed as active again (i guess your restart helped or maybe it was just a time thing) - it only displays no fee infos on my side, hopefully this will also be solved soon |
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BlueWallet added support for Lightning Address a few days ago. I don't think that it supports keysend payments so it's a quite surprising turn of events to me. saw that too. i personally would prefer that bolt12 finds adoption, with which you can achieve the same that lightning address achieves |
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sehe ich auch so... während der 183 tage kannst du dort dich wieder blicken lassen und das ganze mit einem schönen urlaub (in der eigenen wohnung/haus) verbinden und in deutschland/österreich kannst dir n hotelzimmer mieten oder, wenn möglich, im elternhaus wohnen  bis welchem betrag sponsort die freezone company einem den wohnsitz? vorsicht: hotelzimmer mieten oder im elternhaus wohnen kann auch zu steuerpflicht führen. dachte für deutschland hat das mit der anzahl tage die du im land verbringst zu tun - bin aber nicht mehr ganz auf dem aktuellsten stand |
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According to the documentation, for all intents and purposes, you must be hosting your own email server in order to use this program. You cannot use popular email providers such as gmail (unless such email provider decides to offer this type of service in the future). no you don't have to host your own email server to offer a lightning address. it only uses the known format of an email address, besides that, it has nothing to do with email or email hosting or email servers. you are right, that gmail doesn't offer lightning address atm I don't see many email providers offering this type of service due to the increased risk of account hijackings. The majority of email services are intended for personal use, and this type of service is really for business users.
i disagree about that last part. we are basically talking about sending bitcoin, that is personal |
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Thank you for giving me a lot of merit, this is very useful for my development in the forum to try to make better posts in the future.
how do merits help you make better posts in the future? like an incentive / motivation? i don't like that to be honest. same happens on social media with likes / hearts or wathever they call it. i believe the quality of a post shouldn't be motivated by the potential merits / likes / hearts you get It's clear that merit is very influential for ranking up, and if you're at the top, you'll definitely post better stuff. As Proof You Can See My Posts When I Was A Newbie, Jr. Members, and Members. well you need merits to rank up, but i would argue your posts get better not because you have more merits or a higher rank, but just by growing as a person and by experience (spending more time doing something, in this case posting in the forum and exchanging thoughts) sorry for getting offtopic here - my bad... |
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Thank you for giving me a lot of merit, this is very useful for my development in the forum to try to make better posts in the future.
how do merits help you make better posts in the future? like an incentive / motivation? i don't like that to be honest. same happens on social media with likes / hearts or wathever they call it. i believe the quality of a post shouldn't be motivated by the potential merits / likes / hearts you get |
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Here is a little update, so i went ahead and put 10000 down on bitcoin through Shakepay here in Canada. I decided to go the safest route and i am fine with it. Now that i have my bitcoin in my Shakepay wallet i want to transfer it to my celsius wallet. i always get nervous sending crypto to different wallets and i always want to make sure. Does anyone know about sending bitcoin from Shakepay? I know Celsius wallet is segwit. will i have no problem sending from Shakepay to segwit Celsius wallet? I think it would be fine but like i said i always like to be sure thanks.
i recommend you to read this article on bitcoinmagazine to understand what might happen with the bitcoin you transfer to celsius: https://bitcoinmagazine.com/culture/earn-interest-on-bitcoin-short-sellers |
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Right, but still that 2nd layer is always relying and depending on the first layer, otherwise what kind of "2nd" layer is that? i guess the point of garlonicon was not that the 2nd layer doesn't depend on the 1st layer, but that the onboarding of new users will be possible without touching the 1st layer directly (still depending on it) |
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Hey LN friends, I'm a c-lightning user for around half a year now, and I'm seriously debating about switching to lnd instead. What do you guys think is the cleaner solution? And what is the more commonly used implementation here?
I just hate hacked-together solutions and dirty code, since those are precursors of failed projects in 5-10 years time max.
welcome n0nce to the c-lightning users, i am one too. if you mean here in the forum i am not sure, we maybe could make a poll for that at one point, but in general lnd seems to be used a lot more and has also the bigger community it seems I personally much prefer C over Go, and I hate Docker. Additionally, I noticed c-lightning was structured in a more minimalistic way for core functinality, with plugins for additional functionalities like HTTPS API etc., whereas in lnd it's all built-in - this to me at first sounds like bloat! Which I also hate!  So I naturally went with c-lightning. pretty much the reasons i also went with c-lightning also especially because it seems that everyone is using lnd i went with c-lightning, cause i think it is important to have some diversity. i also see that on developer calls, that the 3 (or 4 if you count the rust implementation) implementations help each other to find bugs and be compliant with the rfcs. i just went with the minority (and not eclair cause that is written in java/scala which sounds bloat to me) However, after a while of using the node and interacting with it, I noticed the plugin interface isn't as clean and bloat-free as I hoped: some plugins require me to install Node JS  , they're all written in tons of different languages and often totally unmaintained for years. because the community / number of developers around c-lightning is much smaller than for lnd, some plugins are rotting away, but i like the fact, that a developer is free to choose his prefered language to write a plugin and is not forced to use go for it. i agree with you, i try to avoid nodejs and i am even hesitant using python in some cases (that might be a little bit extreme on my part)So now, I'm thinking to deploy a new node, running lnd and trying to install it without Docker, straight from source.
Interested to hear your opinions and experiences!
rath_ switched from lnd to c-lightning - i asked him the following: @Rath: did you ever write in the forum about the topic lnd vs c-lightning and why you made the switch from one to the other? might be interesting for others (it was for me) - we need that lightning network subforum. can i do anything to make that happen?
We discussed it in this topic. Check out this post first and then take a look at the 39th page. As for the subforum, there is nothing we can do beside waiting and talking about Lightning as usual. i am happy with c-lightning atm and don't feel like switching
i stumbled the other day about this github issue for lnd. it seems that lnd doesn't run on 32 bit systems, after the size of the database gets bigger than 1 gb. and the last commenter there mentions that raspbian (used on raspberrypies) is a 32 bit system) - something to keep in mind when you run lightning on a rpi |
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