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221  Bitcoin / Development & Technical Discussion / Re: The Lightning Network FAQ on: November 24, 2021, 12:31:55 PM
I currently almost regret getting started with c-lightning over LND since the latter seems to have a more mature ecosystem but it might just be a grass-is-greener-on-the-other-side type of situation.

I also have mixed feelings. While I love c-lightning's dual-funding and multifund, I also feel like I am missing out on something. On the other hand, I have seen complaints on Reddit that LND can't keep up anymore if you are running a medium sized node on a low-power device like Raspberry Pi, which many people do because of various out-of-the-box LND based nodes. Anyway, I believe that it's important to support implementation diversification.

Would you mind sharing your node's id?
222  Bitcoin / Development & Technical Discussion / Re: The Lightning Network FAQ on: November 24, 2021, 01:02:56 AM
Does anyone have a c-lightning node being watched by an Eye of Satoshi? To my understanding those are the only watchtowers that are currently supported by c-lightning's watchtower plugin and all the public / private altruistic watchtowers I found seem to be LND based.

I couldn't find any other watchtower software for c-lightning as well. I still haven't set it up, but I can give it a try if you have any particular questions about it.
223  Local / Polski / Re: Lightning Network - ogólna dyskusja on: November 23, 2021, 09:08:18 PM
na jednym z nich będzie oczywiście uruchomiony pełny węzeł z lightning i dla drugiego rpi 4 własnie potrzebuję waszych sugestii, co można uruchomić efektywnie na blockchain? Wink

Co powiesz na serwer Electrum (ElectrumX, electrs) i do tego jakiś block explorer (mempool, esplora)? Obecnie korzystam z ElectrumX, którego baza danych zajmuje dodatkowe 73,5 GB na dysku, oraz z mempool, który łączy się bezpośrednio z moim serwerem Electrum.
224  Bitcoin / Development & Technical Discussion / Re: The Lightning Network node experience on: November 22, 2021, 10:58:02 PM
I have been getting a lot of "Local_failed" routing attempts in RTL since the triangle swap. lightning-cli listforwards returns WIRE_TEMPORARY_CHANNEL_FAILURE for all of these recent transactions so I decided to investigate further. I turned on debug logging and here's what I found:

Code:
03562bdcf00fe0cf44e8a491a8c9b26f31c4e45c9a88cdfd6a2f0f2550a304c73e-channeld-chan#85: rcvd_revoke_and_ack: HTLC REMOTE 108 = RCVD_ADD_ACK_REVOCATION/SENT_ADD_ACK_REVOCATION 
[...]
037659a0ac8eb3b8d0a720114efc861d3a940382dcfa1403746b4f8f6b2e8810ba-channeld-chan#29: Adding HTLC 1126 amount=249816476msat cltv=711259 gave CHANNEL_ERR_CHANNEL_CAPACITY_EXCEEDED

This way, you can learn which channel failed to route the payment and how large it was. RTL shows only the "IN" channel.

Glad it's working out! I forwarded 288 payments yesterday so sometimes I miss individual ones! Keep growing that node!

Thanks! I won't be able to come close to your node's capacity, but I will do whatever I can to help the network.
225  Bitcoin / Development & Technical Discussion / Re: The Lightning Network node experience on: November 20, 2021, 05:48:32 PM
Definitely worth to consider, maybe even reducing lock time during channel creation if you anticipate the possibility of needing a quick force close in the future.

It's worth noting that you can make others wait longer to claim the funds than yourself. Currently, my node makes other people wait 432 blocks (~3 days), but I still accept channels with up to 2016 blocks (~2 weeks) delay. I don't mind waiting that long. Most people don't change the default value of 144 blocks anyway.

If you want to reject channels with excessive timelocks change either bitcoin.maxlocaldelay (LND) or max-blocktime-watch (c-lightning). If you want to force the other party to wait longer if they broadcast their commitment transaction change bitcoin.defaultremotedelay or watchtime-blocks (c-lightning). Note that those parameters do not affect existing channels.
226  Bitcoin / Development & Technical Discussion / Re: BlueWallet lightning invoice question on: November 20, 2021, 11:05:14 AM
So what happens when the amount paid for a lightning invoice is not the same as the amount invoiced? Does the transaction go through or fail?

Even if you overpay a Lightning invoice, which should never happen under normal circumstances since invoices encode the amount, the receiving node should accept up to twice the expected amount.

The reason for this is that both parties to a channel need to agree on the proposed new channel balance and the specific new channel balance amount needs to be known in advance.

When a payment is being routed, intermediary nodes do not know the final destination and the final amount anyway. The routing path is constructed by the payer. If the payee doesn't like the final amount, they can simply fail the payment.

To put it in other words, intermediary nodes calculate the amount they need to forward based on the information provided by the sender, and not included in the invoice, which they never see anyway.
227  Bitcoin / Development & Technical Discussion / Re: The Lightning Network FAQ on: November 20, 2021, 09:05:08 AM
I haven’t tried, or downloaded it, but it claims to be a wallet that focuses on good UX/UI for usability, and for users who want to try the Lightning Network for the first time.

I have actually tried it out some time ago and I really liked that it supports keysend payments. Thanks for reminding me about it; I will add it to the list.

By the way, in case some of you missed it, I created The Lightning Network node experience thread in which I and a few other members shared our statistics and feelings about running a Lightning Network node.
228  Other / Beginners & Help / Re: [Merit] [Faucet] Hey Bitcoiners! Wanna try out the lightning network? on: November 19, 2021, 08:45:49 AM
I have a clue from the thread @rath made but i still need you or anyone else to make it a lil bit self explanatory

If you just want to test out the Lightning Network then try using a custodial wallet like BlueWallet. You won't have to worry about opening your own channels and it should be easy to use. Once someone pays your invoice, you can use this website to choose a service which accepts Lightning payments.
229  Bitcoin / Development & Technical Discussion / Re: The Lightning Network node experience on: November 18, 2021, 10:11:08 PM


Yesterday, I performed a triangle swap with two other bitcointalk members. Each of us opened a 0.05 BTC channel to the other person. This way, we gained additional 0.10 BTC capacity, which means that this swap has doubled my node's capacity. I paid 222 sat for the opening transaction. We dropped the fees to 0 and TheJuice's script took care of the rebalancing. On the same day, I routed 6 transactions from the channel I opened and I got paid 222.76 satoshi. The channel paid itself off in just a few hours.

Note that on some days (ex. today) I routed a few small payments (< 1 sat). It's impossible to tell it from the graph at this point.
230  Bitcoin / Bitcoin Discussion / Re: This Baseball Team Now Pays Players in Bitcoin on: November 17, 2021, 10:47:07 PM
I find this strange as well. Will the lightning network even be able to rout such large payments over payment channels?

It is not completely impossible. Any payment can be split into many small chunks which can be routed through different routes. Still, it's not feasible for hundreds/thousands of dollars unless you are connected to a few large nodes. Also, employees might have to worry about inbound capacity, but I guess they will receive their salaries to a custodial wallet managed by OpenNode.
231  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 16, 2021, 08:36:18 PM
Spot taken and channel opened to you...

Thanks! That was much faster than I expected. I have just opened channel to TheJuice.

c674fb603e580cfebc44531ac2bb366697c5c92acf11139e77dd966272403255

Do both of you want to balance our channels through a circular payment after dropping the fees to 0?
232  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 16, 2021, 06:32:23 PM
TheJuice and I are looking for one more person to participate in a Lightning triangle swap. Feel free to join if you are willing to contribute 0.05 BTC!

https://lightningnetwork.plus/swaps/4879 pin:411f57359f
233  Bitcoin / Electrum / Re: sent btc by mistake on: November 15, 2021, 04:30:11 PM
Understood. but why should i assign this message to my address?

It basically proves that you are the owner of that particular address. Otherwise, they would not be able to tell if you are not just a random person who wants to take your donation away.
234  Bitcoin / Development & Technical Discussion / Re: The Lightning Network node experience on: November 14, 2021, 09:39:26 PM
Happy to answer more questions -- oh, and feel free to open a channel to me. [...] I do require a minimum of 5M sats for any incoming channels.

I am actually thinking about opening a channel to your node. Is there any particular reason why you reject channels smaller than 5 million satoshi? Do you want to avoid frequent rebalancing this way?
235  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 14, 2021, 09:53:03 AM
I see that quite few of you are running your own Lightning Network nodes. It would be great if you could share your experience and some data about routed payments in this thread.

Also, I am running a fairly small node. If anyone running c-lightning is interested in opening a dual-funded channel, I can guide you through the process. I have already opened 3 dual-funded channels with other bitcointalk members.
236  Bitcoin / Development & Technical Discussion / Re: The Lightning Network node experience on: November 11, 2021, 10:14:14 PM
There is no outgoing channel for these LOCAL_FAILED. Have no idea why.

You need to use lightning-cli listforwards command to see the exact error. Here you can find a list of errors with explanations.

[...] is it normal to fail like 10 or 12 times before it finally gives up on trying to route this payment?

Maybe the payment was split into multiple chunks and some of them failed? It would make sense to route one part through you again if it worked in some previous attempt.
237  Bitcoin / Hardware wallets / Re: 25th Word in Nano Ledger S on: November 11, 2021, 08:30:20 PM
with my current seed now... if I wanted to add the 25th word do it... I would not need to generate a new seed right?

Yes.

But when I create the 25th word passphrase to it... thats going to be another wallet.

Correct. If you attach your passphrase to a PIN, you will be able to switch between both wallets easily.

So I would then have to transfer the bulk of my btc from my current btc wallet address to the new one?  So I also have to do this with my BCH?

Yes.

Or do you try to reset your device once and enter your seed again in it before you do this?

I would use the Recovery Check app instead.
238  Bitcoin / Hardware wallets / Re: Ledger Firmware Update? on: November 11, 2021, 07:45:33 PM
Does anyone know when would be most likely the next update?

Probably no one except some Ledger employees. You can contact their support but you will very likely get a reply like "when it's ready". Why would you need to know that anyway?
239  Bitcoin / Development & Technical Discussion / Re: The Lightning Network node experience on: November 11, 2021, 05:45:39 PM
Thanks @darkv0rt3x for sharing your data. As I have already told you, I spent some time manually adjusting the fees for each channel every few days and it looks like I found the right values.

November looks really promising for my node. I am also about to open two new channels beside the one with n0nce.

240  Local / Polski / Re: Lightning Network - ogólna dyskusja on: November 09, 2021, 11:44:29 PM
kiedy będę miał mój pełny węzeł BTC, włączając w to lightning [...]

Masz już jakieś konkretne plany na czym go postawisz? Raspberry Pi? Stary laptop? A może jeszcze coś innego?

[...] to na pewno zrobię mój własny wątek i podziele się swoimi spostrzeżeniami Wink

Zachęcam do podzielenia się nimi w tym konkretnym wątku, żeby osoby zainteresowane tym tematem przypadkiem go nie przeoczyły. Nie bez powodu wątek FAQ ma ponad 50 stron Wink
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