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bitcoin

Bitcoin Magazine is the world’s first and foundational digital currency publication, covering the innovative ideas, breaking news and global impact at the cutting-edge intersection of finance, technology and Bitcoin. Published by BTC Media, the online publication serves a daily international readership from its headquarters in Nashville, Tennessee. For more information and all the breaking news and in-depth reports on Bitcoin and blockchain technology, visit BitcoinMagazine.com.

EARN BITCOIN FROM "BITCOIN MAGAZINE APP" 

5 Ways to Earn Sats in the Bitcoin Lightning Network

5 Ways to Earn Sats in the Bitcoin Lightning Network. There are :

1. Post content on stacker.news 

One of the most innovative ways to earn sats is to become a regular contributor on Stacker News. 

Stacker News is a Lightning-powered, Reddit-esque content platform that was created to bring people together who have one common interest: Bitcoin. 

The difference between Stacker News and a community forum like Reddit is that it gives people the opportunity to write articles and earn sats from other users engaging with your posts by clicking on the lightning symbol next to it. 


2. Play P2E Bitcoin games

If you enjoy playing video games, you will be happy to hear that you can earn sats by playing Lightning-powered, play-to-earn (P2E) games. 

P2E games are becoming increasingly popular as they enable both the game developers and players to earn through in-game economies, which involve earning points in the form of in-game currencies, such as BTC.

Some of the games which you can play and earn sats include LightNite, a shooting game developed by Satoshi Games, THNDR BAY, a bubble shooter game created by THNDR GAMES, Wheel of Crypto, a mobile trivia game by Viker. 


3.Receive satsback rewards

Satsback rewards are granted to people whenever they make a transaction on a site that offers BTC rewards or when using apps or cards that pay cashback in bitcoin. 

Bitcoin cashback rewards are another method to stack sats while making everyday purchases you would be making whether you would be receiving satsback or not. 


4.Earn sats for likes

Imagine earning bitcoin for liking social media posts or engaging in a company’s posts? Sats 4 Likes lets you do just that. 

Sats 4 Likes is a Lightning-powered platform where you can earn satoshis for liking people's posts on Instagram, YouTube, Facebook, and more. You can also put up the posts you would like ‘liked’ and get other users to like them to increase engagement with your content.


5.Learn to earn bitcoin

Last on our list is learn-to-earn bitcoin apps. Learn-to-earn apps pay users satoshis for going through the app’s educational content. 

On Carrot, for example, you can earn sats for reading educational articles about Bitcoin. Payouts are made using the Lightning Network to enable users to earn and redeem sats within seconds. 

A Lightning node is a piece of software that links to the main blockchain network and the Lightning Network, itself.

A node is software that connects to the blockchain network and exchanges the most up-to-date blockchain data. Its main goal is to keep track of every transaction on the blockchain network, making it immutable, transparent and decentralized. There are different nodes in each blockchain network; for instance, the Full node and Light node are the key Bitcoin (BTC) nodes.

A Lightning node (LN) links to the main blockchain network such as Bitcoin, Litecoin (LTC) and the Lightning Network, itself. The Lightning Network's nodes differ from those on the Bitcoin network in a number of ways, the most notable of which is the way they verify transactions. For example, the Bitcoin network requires nodes to validate every transaction on the blockchain, but the Lightning Network only requires nodes to verify transactions that connect directly with it.

But what are the benefits of running a Lightning node? To fully explore and appreciate the pros of LN technology, you must have at least one node up and running. Regardless of their network, anyone can run a node thanks to decentralization. So, how many lightning nodes are there? The number of public lightning nodes and merchants' payments over the Lightning Network is increasing regularly.

What is a LIGHTNING NODE ?

Coinbase CEO Brian Armstrong says the crypto exchange will indeed add support for the Lightning Network, one of the biggest endorsements yet for the blockchain that makes bitcoin (BTC) a more realistic option for payments by dramatically speeding up transactions.

Lightning is a layer-2 blockchain associated with the Bitcoin blockchain. Bitcoin transactions can be offloaded there for more efficient – and much faster – processing, a prerequisite if BTC has a shot at eventually becoming a common method of payment.

“Bitcoin is the world’s digital monetary system, and Lightning is Bitcoin’s payments layer,” Cathie Wood, the head of Coinbase’s second-biggest shareholder, ARK Invest, wrote on X in response to Armstrong’s post Wednesday. “Coinbase’s integration with Lightning will give its 100 million users an on-ramp to faster and cheaper bitcoin transactions. Hats off to Coinbase!”

LIGHTNING NETWORK 

A Lightning Address is just like an email address, but for your Bitcoin.
It is a simple tool that anyone can use to send Bitcoin without scanning QR codes or copying and pasting invoices between wallets.

Lightning Address ?

Swan Vault is the latest product to offer collaborative Bitcoin custody solutions, joining Unchained, Casa, and Nunchuk.

Today, Blockstream, a global leader in Bitcoin infrastructure, announced a partnership with Swan Bitcoin, a prominent Bitcoin-only financial services company, to launch Swan Vault, enabling customers to safeguard their Bitcoin via collaborative custody, according to a press release sent to Bitcoin Magazine. Swan Vault is powered by Blockstream Jade, an open-source Bitcoin hardware wallet.

"Integrating Blockstream Jade's multi-signature and hardware-based authentication into Swan Vault elevates the standards of Bitcoin collaborative custody," said Swan Bitcoin CEO Cory Klippsten. “The user-centric focus on security is a key aspect of this partnership.”

SWAN SEEKS TO BOOST CUSTODY OFFERINGS WITH BLOCKSTREAM PARTNERSHIP

Stacker News is a place for Bitcoiners to connect and share interesting ideas.
If there was one Stacker News principle to live by, it would be to follow your curiosity and share content that fascinates you.
Right now, much of the conversation on Stacker News revolves around Bitcoin and related topics, but over time there will be many new topics that are covered on different subs.
This guide is designed to share best practices for posting content so you can get the most out of your experience here.

Stacker News 

Stacker News is a forum where you can earn real money for creating or curating content. Rather than collecting “upvotes” that are not redeemable or transferable on Reddit or Hacker News, on Stacker News , you can earn Bitcoin that can immediately be spent anywhere.