Timelord2067 (OP)
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Update: Will be back in operation around about June 01, 2020, 02:00:00 AM (your local time) for main-net and test-net lightning network loans up to seven days duration after having managed to finally get all my funds out of the old Éclair wallet and install a new Éclair wallet with healthy inbound and outbound capacity. Main-net: (Inbound BTC 0.02 and outbound BTC 0.005 - Test-net is similar)
Other updates are in progress. My Lightning Node Lending is now ON_LINE for 2020!
Timelord2067's Timely Test & Main-neT LighTning Loans to a "T" (last modified 26th November, 2019 dot point seven) Updated terms:- Lending amount changed to BTC 0.00002 and I no longer lend testnet coins (but will do a test exchange where you send first)
- 24/Nov/2019 Loan terms updated in dot point 12. 24 hours = zero %. Up-to seven days = 1%. Over seven days = not available at this time.
26/Nov/2019 added dotpoint 14 - list of other lenders (not exhaustive). Added to dot-point 7a - will deny if you make multiple loan applications simultaneously. - 16 Oct 2019 Dot point 9iii If we have been communicating in open forum then I will take this into consideration Dot point 12 now becomes 11b.
- 28/Sep/2019 Dot point 7a - I may decline loan if you have other outstanding loans.
- 22/Sep/2019 Clarified dot points 10 (prefer no split payments) and 13 (right to start a spam accusation)
Daily bump.
Am around for next couple of hours if people want to submit lightning loan applications.CLOSED!
I am starting a Lightning Loan thread with near identical conditions to the one that LoyceV recently locked. Locked: LoyceV's Legendary Little Lightning LoansLoanNo collateral required. Amount: 0.1 mBTC (0.0001 BTC, or 10,000 satoshi). Duration: one week. Interest: 1% (0.001 mBTC (=0.000001 BTC or 100 satoshi)). Conditions: Members (and higher) without red trust on DT2 all account ranks can apply.To apply1. Make sure you have inbound capacity. 2. Post a Bitcoin Lightning Network payment request for 0.1 mBTC. Make sure it doesn't expire too soon (in case I'm not online). Repayment 3. When you want to pay back, let me know and I'll post a payment request. DisclaimerSelf-moderated to stop spam from users who don't read and ask for a on-chain Bitcoin loan. I reserve the right to reject or accept users as I please. This topic is experimental, if it works out I might add Larger Lightning Loans later. Don't take a small loan to get positive feedback, join to try the Lightning Network ChallengeHelp me add more sensible words (starting with a T) to the title
As well as the above conditions, the following are to be noted:
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Timelord2067 (OP)
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September 13, 2019, 01:36:41 AM Last edit: November 23, 2019, 11:22:05 PM by Timelord2067 |
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Timelord2067's Timely Test and Main-neT LighTning Loans to a "T" Tally-room. Reserved #1 for successful tradesUpdated 24/11/2019
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Timelord2067 (OP)
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September 13, 2019, 01:36:56 AM |
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Reserved #2 for UNsuccessful trades
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Timelord2067 (OP)
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September 13, 2019, 01:37:23 AM |
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Reserved #3 for miscellaneous
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Timelord2067 (OP)
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September 21, 2019, 08:54:10 AM Last edit: September 22, 2019, 07:15:39 AM by Timelord2067 |
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I've bumped the channels up to five each on the three devices so I should have plenty of scope to do a lightning transaction in or out.
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LoyceV
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September 21, 2019, 11:35:58 AM |
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- Split repayments not accepted.
This may be needed in some cases, considering how difficult it is sometimes to send a transaction through LN. - I *will* open a scam accusation if you don't repay test-net bitcoins that I have loaned you.
I think this is a bit harsh and you might scare off potential users. Testnet faucets already pay more, but that's on-chain, and Testnet coins are never supposed to have any value.
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Timelord2067 (OP)
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September 21, 2019, 01:03:54 PM Last edit: September 23, 2019, 02:28:10 AM by Timelord2067 |
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- Split repayments not accepted.
This may be needed in some cases, considering how difficult it is sometimes to send a transaction through LN. I did have a think about that - for 0.0001 I feel it would be getting to splitting hairs for even smaller transactions to then go adding up. Besides, what if four or five transactions are a few Satoshi short? Will people support a flag or scam accusation for a couple of Satoshi? - I *will* open a scam accusation if you don't repay test-net bitcoins that I have loaned you.
I think this is a bit harsh and you might scare off potential users. Testnet faucets already pay more, but that's on-chain, and Testnet coins are never supposed to have any value. Value no. I'm not supplying a faucet of test net BitCoins, they like their main net counterparts are being loaned. I expect them to be returned (plus interest) as agreed. But I will consider what you have said especially given we are trying to encourage new users into the Lightning-network who may feel more comfortable using testnet BitCoins before taking the plunge with real BitCoins.
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marcotheminer
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October 05, 2019, 11:22:42 AM |
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Why not open this in project development and hand out 0.0001 testnet BTC to anyone who posts? I think anyone can obtain 1-5 testnet coins pretty easily -- or is this for the 'try out the network / apps' part of it? I'll be setting mine up and come back to you and test it out.
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Dabs
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The Concierge of Crypto
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October 05, 2019, 10:45:36 PM |
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I'm still not that familiar with Lightning, but, yeah, shouldn't testnet be bigger? Because those coins don't really have value (or aren't supposed to have value.) Anyway, I'm gonna go download an app for my phone and grab some from a faucet, see how that works. Then I'll "borrow" some from you so I can pay you back a week later. I'll probably get more from the faucets than from you.
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Dabs
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October 06, 2019, 01:44:07 AM Last edit: October 06, 2019, 02:03:26 AM by Dabs |
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Ok, I'm new to this Lightning thing, and I'm not sure I've configured capacity properly; I put something called autopilot. I'm on testnet. Here is my code: lntb1m1pwej3njpp5c7qtrg58xac20s55df3l33mqgh6m95t4mxw0upzfeq6vwqp6patsdq8g3skyuccqzpgxqy9gcqnpv7hfu6j3v5345qqcmney49cwruuk26yk8qpmern5vtfvkkf9032n38rek8vaj9mx4q88z8uy0vd33zf030zla3996md9lsagm8krsqqs8nrd Let me know if it works. I'll pay you back in a week or sooner.
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Timelord2o67
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October 06, 2019, 05:55:32 AM Last edit: October 06, 2019, 06:40:20 AM by Timelord2o67 |
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Why not open this in project development and hand out 0.0001 testnet BTC to anyone who posts? I think anyone can obtain 1-5 testnet coins pretty easily -- or is this for the 'try out the network / apps' part of it? I'll be setting mine up and come back to you and test it out.
Hi Marco, there's a discussion just prior to your post. I'm not running a faucet and as such the only way to ensure I have testnet faucets going forwards is to ensure they are returned to me with the nominal interest. If you don't want to pay interest then thanks for your enquiry. Ok, I'm new to this Lightning thing, and I'm not sure I've configured capacity properly; I put something called autopilot. I'm on testnet. Here is my code: lntb1m1pwej3njpp5c7qtrg58xac20s55df3l33mqgh6m95t4mxw0upzfeq6vwqp6patsdq8g3skyuccqzpgxqy9gcqnpv7hfu6j3v5345qqcmney49cwruuk26yk8qpmern5vtfvkkf9032n38rek8vaj9mx4q88z8uy0vd33zf030zla3996md9lsagm8krsqqs8nrd Let me know if it works. I'll pay you back in a week or sooner. I'm trying to send testnet Bitcoins to your request, but it's not finding a path. I'll keep trying to send. Do you have "inbound capacity" and did you set your request for six hours? *Edit* Is your wallet on/open? I'm unable to send as no connection can be found.
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Dabs
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October 07, 2019, 02:07:00 AM |
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I don't think I have inbound capacity, LOL ... I downloaded Lightning Testnet Wallet for Android.
Do you have a recommendation for a Lightning wallet for Android, and some simple steps to configure on it? I got some testnet coins from faucets, more than enough to pay you back.
Wallet should be open ... I don't know if it "closes" if it's not the app I am using on the phone. Doesn't say anything about duration, but inbound capacity is zero.
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Timelord2o67
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October 07, 2019, 06:22:02 AM |
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...
You can search for nodes that offer reciprocal channel connection (for a nominal fee) via the website 1ml.com. By using testnet Bitcoins you can afford to buy (yes, buy) inbound connections.
I use both ZAP (on PC) and Eclair lightning wallets on two mobile devices (Android). My Android devices while open are offline when the screen goes blank, so no inbound while offline. (I find the LN very clunky but am persevering nevertheless) Am online for next couple of hours too.
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LoyceV
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October 07, 2019, 07:48:06 AM |
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I don't think I have inbound capacity, LOL ... You can buy a few Blockaccinos with testnet LN, if you buy enough of them you should get inbound capacity.
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Timelord2o67
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October 07, 2019, 08:32:55 PM |
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I don't think I have inbound capacity, LOL ... You can buy a few Blockaccinos with testnet LN, if you buy enough of them you should get inbound capacity. Thanks for the reminder, I'll add the info to the OP when I get back to Australia.
Daily bump. Am around for next couple of hours if people want to submit lightning loan applications.
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Dabs
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October 08, 2019, 01:09:08 AM |
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Ok. Try again? I overdosed on the blockaccinos and fraps and whatevs on there.
It says:
Can Receive 0.00141214
So I should be good to go? Will leave wallet open.
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Timelord2o67
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October 08, 2019, 03:19:49 AM Last edit: October 08, 2019, 07:45:56 PM by Timelord2o67 |
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So I should be good to go? Will leave wallet open.
I've had High Tea at Hippopotamus across from Te Papa, have scoured Arty Bees, Unity Books and am out the front of Pegasus Books getting free Wi-Fi, so send your requests with six hour timeouts and we should be good to go. *First edit* Pegasus Books then Ferrit Books, Hell Pizza and Monteith's Third eye pub before cocktails at The Hawthorn on Tory Street. *Second Edit* am online for another hour or so then back out into Wellington's windy (rainy day). (Free Wi-Fi on the street has been a bonus).
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Coetzee89
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October 09, 2019, 07:48:16 AM Last edit: October 09, 2019, 09:34:58 AM by Coetzee89 |
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Hi
I only have a Luno wallet active. I would like to apply for a loan.
Let me know if you can help.
Thanks
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Timelord2o67
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October 09, 2019, 09:27:53 AM |
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Hi
I only have a Luno wallet active. I would like to apply for a loan.
Let me know if you can help.
Thanks
Denied as you're a newbie fresh out of the packet and 90 minutes ago made another loan application. http://archive.fo/oCj7O
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Coetzee89
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October 09, 2019, 09:32:00 AM |
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Thanks for replying.
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