Issues with lightning? \ stacker news ~bitcoin

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0 sats \ 11 comments \ @Undergotten 16 May 2022 bitcoin

I was just wondering what some of the potential problems with the lightning network are? I don't understand it as well as I do the bitcoin blockchain, which admittedly is not the much, either. I noticed a problem when I first tried the Strike app, (although this was a bug with the app itself, I'm sure) where I was able to withdraw funds to WoS, and the funds were both available to me on Strike and in the wallet the following day. (I was able to withdraw the funds again to another wallet.)

I don't imagine that this was something to do with the nature of lightning, but it got me wondering, so I'm here to ask those who may know. Anyone encountered any funny bugs, or any security issues which are of real concern? How secure are these plug and play nodes, for instance? RaspiBlitz, in my case.

Is it an issue that lightning doesn't have a verifiable blockchain like Bitcoin main net? Where should I go to read about this? Lots of questions, I know. Mainly, just wondering about the big issues people are concerned with.

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5 sats \ 0 replies \ @cryptocoin 16 May 2022

Is it an issue that lightning doesn't have a verifiable blockchain like Bitcoin main net?

Lightning network doesn't have it's own blockchain. It uses the payment channels on the bitcoin blockchain. Lighting network transactions are bitcoin transactions. These payment channels work in a manner that allows fast transactions without the need to wait for block confirmations.

26 sats \ 2 replies \ @q 16 May 2022 freebie

Here is a good list #26339

A thing I had problems with when I was a total newbie with lightning network a few months ago.

not completely understood the liquidity of channels, got 'No route' error when trying to send large amounts

From a user experience a illiquid channel shall never happen, because it inhibit from receiving or sending funds.

0 sats \ 1 reply \ @Undergotten OP 17 May 2022

Thank you. I'm learning slowly.

10 sats \ 0 replies \ @q 17 May 2022 freebie

Me too, I have been in the bitcoin scene since 2013 and I'm learning something new almost every day. It is crazy!

I'm feeling like a moron now that I started to play with Lightning Network just a few months ago, so don't worry just make sure to learn and don't be afraid to ask questions.

5 sats \ 0 replies \ @cryptocoin 16 May 2022

I noticed a problem when I first tried the Strike app, (although this was a bug with the app itself, I'm sure) where I was able to withdraw funds to WoS, and the funds were both available to me on Strike and in the wallet the following day. (I was able to withdraw the funds again to another wallet.)

I gather from what you wrote:

You sent from Custodial wallet A (Strike) to Custodial wallet B (Wallet of Satoshi).

The transaction appeared to complete normally, but the next day you saw the funds in your Strike wallet again.

Did the transaction in Strike trx history disappear, or did it say failed or something like that?

Since you were neither the sender (that was Strike), nor the recipient (that was Wallet of Satoshi), there is nothing you (or we) can do to help further figure out where the issue was, other than you inquiring with one or both of those apps.

5 sats \ 4 replies \ @DarthCoin 16 May 2022

Please start reading and learn more how LN works. Most of YOUR "issues" come from not having enough knowledge in this matter. Here I put a list of links and documentation to learn more about LN and nodes and how these things works.

Please take your time and read, watch, test many LN solutions. Only like that you will understand. Asking here "is LN having issues", just point you as a shitcoiner hating LN.

0 sats \ 3 replies \ @Undergotten OP 17 May 2022

Please start reading and learn more how LN works. Most of YOUR "issues" come from not having enough knowledge in this matter. Here I put a list of links and documentation to learn more about LN and nodes and >how these things works.

Thank you. That's exactly what I was looking for.

Asking here "is LN having issues", just point you as a shitcoiner hating LN.

Ridiculous statement. wtf?

0 sats \ 2 replies \ @DarthCoin 17 May 2022

yes, many shitcoiners have that "attitude" against LN.

1 sat \ 1 reply \ @Undergotten OP 17 May 2022

Just asking questions to learn, man. That's usually how it's done.

5 sats \ 0 replies \ @DarthCoin 17 May 2022

That's ok, just be careful what you ask, how you ask.

0 sats \ 0 replies \ @cryptocoin 16 May 2022

I noticed a problem when I first tried the Strike app, (although this was a bug with the app itself, I'm sure) where I was able to withdraw funds to WoS, and the funds were both available to me on Strike and in the wallet the following day. (I was able to withdraw the funds again to another wallet.)

I gather from what you wrote:

You sent from Custodial wallet A (Strike) to Custodial wallet B (Wallet of Satoshi).

The transaction appeared to complete normally, but the next day you saw the funds in your Strike wallet again.

Did the transaction in Strike trx history disappear, or did it say failed or something like that?

Since you were neither the sender (that was Strike), nor the recipient (that was Wallet of Satoshi), there is nothing you (or we) can do to help further figure out where the issue was.