wsnoopdogg

bitcoin_beginners

I need to recover my wallet but I want to have it on the cell phone. Any reliable (app) wallets for phone that allow lightning network and recover from a 24 phrase seed?? THX!

Cell Wallet

Unable to withdraw from SN

I'll play around while I stack more sats. Thanks master!!

So I'll need at least 1 ₿ to run a public routing node.
At least 20 channels x 5M 丰 = 100M 丰  = 1 ₿ 

Maybe in a few years I can afford a public node. What do you recommend me to do with my tiny node?

I only have 2.9 M sats on the node. I will save money to add more sats to the node. Can't I have a well connected node with 2.9M sats? To get inbound liquidity do I need to open OUTBOUND channels (of 5M sats)with good LSP right?

Sorry for bothering.

bitcoin

Whats does commit fee do? Does this fee change trough time? Will I get it back when I close the channel? 

Thanks!

Commit fee

I'm playing with my recently built lightning node. I've opened a 20k sats channel with SN connecting to 03cc1d0932bb99b0697f5b5e5961b83ab7fd66f1efc4c9f5c7bad66c1bcbe78f02@52.5.194.83:9735. I've tried to withdraw some tips to test the channel but "there's no route". Ive increased max fees at 20 sats and neither does this work. The channel is online but the max receive from SN is 0 sats. How can I withdraw?

Shut Off ChatGPT Before It Could Answer Is Bitcoin The Future? A Conversation.

suidoc

What the bot was trying to say is: “Yes”

[help] Noob question 

Oh, must be Tor connection and low fees. Will try later with increased fees to see if that’s the problem and then open a channel anyway with Z for future transactions.
Thx!

Is it possible NOT to find a route for a payment invoice to a node that’s running and with one channel open?

Same question but maybe better explained:
My node X is connected to node Y (which is connected to many others). Is it possible not finding a route to get a payment from Z?

Should I then Open a Channel directly with Z? Would that make my node the connection between Y and Z? Will I route transactions between Y and Z if I left that two channels opened?

INEXPERT Odyssey Building a LN :) for those who (like me) know barely nothing

I'm running a lightning node with few millions sats ready to open channels. To which other nodes should I open channels (500k-1M sats) with to make the lightning network and the world better?

Who to open channels with?

Hi everyone, does anybody knows from where the sats earned in earncarrot.com comes from. I know you get rewarded for learning about Bitcoin but from where comes the money?

Thanks

Earn Carrot rewarding sats

Where have you spent sats? What did you buy? How much did you spend?

BrandonNakamoto

I spend sats on tipping people. I don’t really feel comfortable spending Bitcoin at all. Do you repurchase the sats you spend? I hope you do.

What are you working on this week?

I’m setting up a Lighting Bitcoin node, can’t do much cause I’m still waiting for Bitcoin Blockchain to download.

Bitcoin ban in EU

Arvydas77

That would be another reason to buy more Bitcoin. It could even encourage more people to get into Bitcoin. I think they know they already lost the war against Bitcoin, now they just try to scam us with digital euro.

Is it totally okay to send Bitcoin from a Bitcoin address to a Lighting invoice, right?

Otherwise, how do I fund a LN ‘wallet’?

From Mainnet to Lighting Network

In Lightning Network. Can I open a new channel, left it open and use it multiple times to pay other people? I know that if there’s any kind of connection (through channels) between the person I opened the channel with and the new person I can pay the new receiver recycling the old channel. But there’s any way to use the same channel to pay multiple people or I just have to open a new channel for each payment to different person and pay the fees? I know I can avoid this with non-custodial wallet but I would like to do this while owning my own Bitcoin. Also, can I avoid the fees by running my own node?

Same Channel to Pay different people in LN

@wsnoopdogg's bio

How much Bitcoin is enough to make a Lightning node profitable?

Not really into making it profitable but neither want to burn the sats I put as collateral, if I have to have 0.1 Bitcoin as collateral I will. But I would like to know at want point I don’t lose money to start by. I’m new to Lightning and I have much to learn, I though setting up a node will help me.

I’m setting up a LN node but I’m not very sure how much Bitcoin I’m gonna need as collateral. I know the larger the collateral is the larger the transaction I can handle will be. Also, can I with a very small amount of Bitcoin (300 000 sats) route a significant number of transactions to make my node profitable? Or at least don’t lose the collateral.

Thanks in advance fam!