Bitcoin Forum
May 12, 2024, 06:21:23 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Lightning Network board  (Read 952 times)
bitart
Hero Member
*****
Offline Offline

Activity: 1442
Merit: 629


Vires in Numeris


View Profile
June 21, 2019, 05:57:58 PM
Merited by Rath_ (1)
 #21

The only problem that I see with a dedicated LN board is that most threads on the topic end up becoming derailed and the threads become locked.

Doesn't mean we shouldn't try, though.  LN topics can get locked in all the places they currently get posted, but they can still provide some useful information before they get derailed by trolls.  If we allow disruptive behaviour to hamper our ambitions, the trolls have been successful in their goal.  Don't let them win.
The Lightning Network topic should be somewhere in an universal place because it does not only support bitcoin but several alts too, so a child board under bitcoin development would not cover all the features (or will get off topic several times when it comes to the alts...)
Anywhere it goes, I'll have a close look on it Smiley
1715538083
Hero Member
*
Offline Offline

Posts: 1715538083

View Profile Personal Message (Offline)

Ignore
1715538083
Reply with quote  #2

1715538083
Report to moderator
1715538083
Hero Member
*
Offline Offline

Posts: 1715538083

View Profile Personal Message (Offline)

Ignore
1715538083
Reply with quote  #2

1715538083
Report to moderator
1715538083
Hero Member
*
Offline Offline

Posts: 1715538083

View Profile Personal Message (Offline)

Ignore
1715538083
Reply with quote  #2

1715538083
Report to moderator
If you want to be a moderator, report many posts with accuracy. You will be noticed.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715538083
Hero Member
*
Offline Offline

Posts: 1715538083

View Profile Personal Message (Offline)

Ignore
1715538083
Reply with quote  #2

1715538083
Report to moderator
1715538083
Hero Member
*
Offline Offline

Posts: 1715538083

View Profile Personal Message (Offline)

Ignore
1715538083
Reply with quote  #2

1715538083
Report to moderator
1715538083
Hero Member
*
Offline Offline

Posts: 1715538083

View Profile Personal Message (Offline)

Ignore
1715538083
Reply with quote  #2

1715538083
Report to moderator
TheBeardedBaby
Legendary
*
Offline Offline

Activity: 2184
Merit: 3134


₿uy / $ell


View Profile
June 21, 2019, 08:14:15 PM
 #22

Little bit of off topic here, but when LNchat.org will be up and running?? This is directed to @BitCryptex

Rath_ (OP)
aka BitCryptex
Legendary
*
Offline Offline

Activity: 1876
Merit: 3131



View Profile
June 21, 2019, 08:45:47 PM
Merited by TheBeardedBaby (1)
 #23

Little bit of off topic here, but when LNchat.org will be up and running?? This is directed to @BitCryptex

We have decided to put that project on hold; that's why I proposed the creation of Lightning Network board on bitcointalk. We found a few developers which were interested in implementing features desribed here, but the cost of development was a bit too high, especially if we consider the current popularity of the Lightning Network. I will focus on contributing on bitcointalk. I am currently reviewing the FAQ before reposting it.

LNchat.org domain will remain under Zand's control and I will continue maintaining our Lightning Network node which has quite a lot of opened channels.
DooMAD
Legendary
*
Offline Offline

Activity: 3780
Merit: 3126


Leave no FUD unchallenged


View Profile
September 18, 2019, 05:58:14 PM
 #24

* moved by request from https://bitcointalk.org/index.php?topic=5158920.msg52488736#msg52488736 *


-snip

I proposed it about 3 months ago and nothing has happened since then. A board dedicated to second layer solutions might help us not to abuse this topic and divide information into separate threads without having to worry that they will end up on the 20th page of this section. If you want to discuss it further, please reply in the previously mentioned topic.

I'd assume it's more a case of "when" than "if", so once the demand is there and it makes sense to have one, we'll probably get it then.  Difficult to tell how long it might take, but I guess that's up to devs, retailers and anyone else working towards the goal of increased adoption.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
bitart
Hero Member
*****
Offline Offline

Activity: 1442
Merit: 629


Vires in Numeris


View Profile
September 18, 2019, 10:05:04 PM
 #25

* moved by request from https://bitcointalk.org/index.php?topic=5158920.msg52488736#msg52488736 *


-snip

I proposed it about 3 months ago and nothing has happened since then. A board dedicated to second layer solutions might help us not to abuse this topic and divide information into separate threads without having to worry that they will end up on the 20th page of this section. If you want to discuss it further, please reply in the previously mentioned topic.

I'd assume it's more a case of "when" than "if", so once the demand is there and it makes sense to have one, we'll probably get it then.  Difficult to tell how long it might take, but I guess that's up to devs, retailers and anyone else working towards the goal of increased adoption.
Maybe we need a second hype similar to the year end of 2017, when the transactions were sitting in the mempool for days before they got confirmed in the end... even if they had very high fees compared to the normal days before and after....
That time the demand for the LN was higher than now, despite of the system was in an earlier status, with less functionality and similar things...
So maybe the demand won't depend on the LN devs but the market situation, so the devs needs to make sure to have something nearly final by the time the mempool reaches such a status again...
LoyceV
Legendary
*
Offline Offline

Activity: 3304
Merit: 16654


Thick-Skinned Gang Leader and Golden Feather 2021


View Profile WWW
September 19, 2019, 12:19:48 PM
Merited by RapTarX (2), malevolent (1), Carlton Banks (1), ABCbits (1)
 #26

Maybe we need a second hype similar to the year end of 2017, when the transactions were sitting in the mempool for days before they got confirmed in the end... even if they had very high fees compared to the normal days before and after....
That time the demand for the LN was higher than now, despite of the system was in an earlier status, with less functionality and similar things...
That's not going to work: At the fee-peak in 2017, it took about $25 for a small transaction to get a confirmation. A transaction funding a LN-channel is bigger (in bytes), and you'll need a similar transaction to close the channel. You may be looking at $100 to fund and close a channel, and there's no amount of small coffee payments that can justify that.
For LN-nodes, that leads to small dust inputs, which is very expensive to consolidate again, so they may just stop accepting new channels.

If I may add my own "maybe": Maybe we'll get a LN-board (or second-layer-board) when there's more demand, and more merchants accept LN. I recently paid a $1 VPS through LN, and the fact that they accept LN was the only reason to buy it. I still want to travel to Arnhem (Dutch) to buy groceries and pay through LN Cheesy I realize I'm going off-topic, but I like LN's potential.

Would it help if I make "1 thread to list them all", like my GUIDES-topic, until there's a LN-board?

Carlton Banks
Legendary
*
Offline Offline

Activity: 3430
Merit: 3074



View Profile
September 19, 2019, 03:31:26 PM
Merited by nutildah (1)
 #27

Maybe we need a second hype similar to the year end of 2017, when the transactions were sitting in the mempool for days before they got confirmed in the end... even if they had very high fees compared to the normal days before and after....
That time the demand for the LN was higher than now, despite of the system was in an earlier status, with less functionality and similar things...
That's not going to work: At the fee-peak in 2017, it took about $25 for a small transaction to get a confirmation. A transaction funding a LN-channel is bigger (in bytes), and you'll need a similar transaction to close the channel. You may be looking at $100 to fund and close a channel, and there's no amount of small coffee payments that can justify that.

right

that's why I'm dedicating alot of effort to getting my Lightning node as well managed as possible now, long before any spike in transactions occurs again.

Once enough people are running Lightning, it becomes increasingly less likely that transaction spikes on-chain will last long, or that they'll even be as intense as they were in 2017.

There's another reason to get Lightning in the best shape we can: it mitigates DDoS of the on-chain network. So a well subscribed, liquid, and operationally reliable lightning (or another 2nd layer) is actually vital for Bitcoin's overall robustness.




It's kind of beautiful really. all that could be achieved from an attack against miners or nodes would be:

  • strengthen Lightning
  • reduce the effectiveness of attacks against Lightning (assuming Eltoo hasn't yet been deployed in this scenario)
  • increase BTC value (as there would be an inevitable reduction in BTC supply)

Vires in numeris
Timelord2067
Legendary
*
Offline Offline

Activity: 3668
Merit: 2218


💲🏎️💨🚓


View Profile
September 20, 2019, 01:44:39 PM
 #28

...

I've only just come across this thread as I don't visit meta too often.

I'm giving the LN a chance as evidenced by my

Timelord2067's Timely Test and Main-neT LighTning Loans to a "T"
https://bitcointalk.org/index.php?topic=5184177.0
main-net BTC 0.0001 loans, test-net BTC 0.001 loans 1% seven days max.
thread even though I'm finding the LN very klunky with a lack of connection paths Vs the block-chain broadcasting to the entire network.

That said, I'm not interested in signing up for yet another forum elsewhere, but am ok with looking in on more lighting node threads (child boards) here on BCT.



LNchat.org domain will remain under Zand's control and I will continue maintaining our Lightning Network node which has quite a lot of opened channels.

All the channels are currently showing as "closed" which is one of many reasons I want to spread my channels around instead of putting all my eggs into one basket.  One major node fails (for what ever reason) and most connections are cut off.

dkbit98
Legendary
*
Offline Offline

Activity: 2226
Merit: 7147



View Profile WWW
September 27, 2021, 06:02:43 PM
 #29

Bumping this up for theymos and others, I think it's finally time to create Lightning Network Board in Bitcointalk, and maybe do some autumn cleanup and moving all LN topic there.

Stats are showing big increase in LN usage, number of nodes and channels are growing, and I see a bunch of interesting development happening around LN with PoS and wallets, not to mention that millions of people in El Salvador are using Chivo wallet based on LN.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
cygan
Legendary
*
Online Online

Activity: 3150
Merit: 7806


Crypto Swap Exchange


View Profile WWW
September 27, 2021, 06:14:40 PM
 #30

Bumping this up for theymos and others, I think it's finally time to create Lightning Network Board in Bitcointalk, and maybe do some autumn cleanup and moving all LN topic there.

Stats are showing big increase in LN usage, number of nodes and channels are growing, and I see a bunch of interesting development happening around LN with PoS and wallets, not to mention that millions of people in El Salvador are using Chivo wallet based on LN.

a very good find to get such an old thread again
would also be in favor of a mod here to create/open a section for Bitcloin lightning network and put there all threads what concerns the topic ln
the topic is already so big that you are actually forced to create an extra board for it

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!