Lightning Network Lenders' (and borrowers) discussion thread.

[Timelord2067]

What I do like about the BLUE LN wallet is that you can deposit on-chain funds directly to your LN wallet and then send them on as LN transactions.  Not sure about the hotwallet, they must have thought of that (!) and slowly / trickle feed a portion into a cold wallet to prevent disasters.

Then again, if a wallet goes offline, those funds could get put into (semi)cold storage until the wallet itself becomes hot/active again then they are on "stand-by" (or some sort of rob Peter to pay Paul set-up)

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[jackg]

Yeah, if you're not assigned your own channel then it is possible they just have a few % on the ln.

But if they get a lot of use then they'll need someone monitoring the refills and it might take a while to get your funds though.

But it's generally the same with exchanges anyway.

[Timelord2067]

[quote author=HCP link=topic=5186778.msg53812288#msg53812288 date=1581363998]
As it turns out... I found a little Lightning TestNet faucet/test thing: https://htlc.me/

They'll give you some free TestNet funds to play with...

[/quote]

Have updated post #2 with this link.  Many thanks.

[Timelord2067]

Has anyone tried out Phoenix https://phoenix.acinq.co/download - it seems to be Android only (side by side with Eclair) I'm wondering what people think of it??  If it's okay I might try getting the LN for testing purposes started up again.

[Rath_]

Has anyone tried out Phoenix https://phoenix.acinq.co/download - it seems to be Android only (side by side with Eclair) I'm wondering what people think of it??  If it's okay I might try getting the LN for testing purposes started up again.

I can test it out for you since I might include it in one of my future threads. Is there anything you would like to know in particular?

[Timelord2o67]

Has anyone tried out Phoenix https://phoenix.acinq.co/download - it seems to be Android only (side by side with Eclair) I'm wondering what people think of it??  If it's okay I might try getting the LN for testing purposes started up again.

I can test it out for you since I might include it in one of my future threads. Is there anything you would like to know in particular?

Thanks for your reply.

I downloaded the app (twice) did a virus scan (also twice) copied via cable to my android phone and both times I get the error message:

Parse error.

There was a problem parsing the package.

I was wondering if the block chain tx fees are similar to Éclair's or are inflated like Blue's?


I've also updated my Éclair wallet and the stuck/unconfirmed transactions haven't been unstuck.

[Timelord2o67]

Has anyone tried BitWallet App? What's it like? Does it have a Lightning Network function?

[jackg]

I can't find anything that says it is, looks pretty new though... Potentially not the first time I've heard the name so they may have rebranded or the other one I've heard may no longer exist.

[Timelord2067]

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)

[JustAnOtherLoser]

I have about 150k Sats. Does anyone want to open a Channel? PM Me