How to earn Bitcoin on the Lightning Network

[ricky the ghost]

How to earn Bitcoin on the lightning network:
https://blog.bitrefill.com/how-to-earn-bitcoin-on-the-lightning-network-b27431136dc7?source=collection_home---5------0-----------------------

[seoincorporation]

Is a nice article, thanks or share it.

From what i understand the best way to earn money with LN is to open a payment channel. Each time someone uses your channel you get a small fee commission, like if you were the miners. And when you close the channel you get all that small fees.

[amishmanish]

Is a nice article, thanks or share it.

From what i understand the best way to earn money with LN is to open a payment channel. Each time someone uses your channel you get a small fee commission, like if you were the miners. And when you close the channel you get all that small fees.

Opening a a channel is the basic requirement for your own payments too. I don't think it will lead to any earning as such. To earn, you will need to open multiple channels so that you have high chances of being used in the hops of a payment between participants who are not directly connected to each other.

Yet, the fact that it LN will make fast micropayments possible can help you earn money if you start off with ideas like Lighntingbattle website in the project development section. You can wager and play simple games against other players with small amounts. Its a neat idea. Do check it out..

[pakhitheboss]

How to earn Bitcoin on the lightning network:
https://blog.bitrefill.com/how-to-earn-bitcoin-on-the-lightning-network-b27431136dc7?source=collection_home---5------0-----------------------

Intresting article..

Thanks for sharing it. I was looking for an article submitting websites that pays in Bitcoin. Those that are live use altcoins mostly, I will be using Yalls website to publish some articles of mine. What I like most about it is that you do not need to register. You only need your Bitcoin wallet Public key.

[sunsilk]

Thanks for sharing. I didn't know that there are a lot of methods indicated in this article that you can try for micropayments. I think I like those video games while earning some sats.

It's not that much but as an incentive while playing, it's a great bonus.

[slaman29]

Is a nice article, thanks or share it.

From what i understand the best way to earn money with LN is to open a payment channel. Each time someone uses your channel you get a small fee commission, like if you were the miners. And when you close the channel you get all that small fees.

I guess that's somewhat true, but I would not really see LN as a real money earner. I know some guy even earned $100 a month in the early days last year but eventually to really encourage people it's got to be almost free at some point, the real benefit will be more and more adoption. Still, imagine running a huge LN channel that's connected to everyone! And hooking it up to a lot of users!

[amishmanish]

Nice to see this post here and thanks for sharing this to us. Various gas grills were available in the market. Get the details about the best gas grills playing the most competitive role in the current market.

LOL. We are talking about LN and a newbie account pops up peddling "gas grills". I am not going to check the website to see what they are talking about. Could this be a bot gone wrong?

--snip--
eventually to really encourage people it's got to be almost free at some point, the real benefit will be more and more adoption. Still, imagine running a huge LN channel that's connected to everyone! And hooking it up to a lot of users!

Almost free and effortless to use is what we need. This is the top node in LN at present. The fee statistic show a "base fee" and a "fee rate". Can anybody tell what does this mean. Also, this seems a stupid question but are the transactions on LN between participants publicly visible like the mainnet transactions?