Questions tagged [lightning-network]
Proposed payment system leveraging payment channels which allow re-negotiation of balances that finally get executed on the Bitcoin blockchain.
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meaning of “full node” in Lightning Network?
According to this answer: (Link to answer),
"A 'full node' refers to a fully validating node on the
Bitcoin network, meaning the node validates each block and transaction that happens on the ...
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1answer
20 views
Lightning Network wallet applications for different operating systems?
What are the best / most secure wallet applications of Lightning Network for each of following operating systems/platforms ?
Windows
Mac OS
android
iOS
web browser extensions
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1answer
32 views
Is it possible to run two Lightning Network nodes on top of single Bitcoin Core node?
I would like to simultaneously run LND and Eclair nodes on top of single Bitcoin Core bitcoind node. Is it possible? I wasn't been able to pull it off so far.
If possible, how to set up ZMQ and ...
2
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1answer
15 views
High level description of modern Lightning network (as per BOLT)
The Lightning network specification (BOLT) differs substantially from the original Lightning network paper (some of the differences outlined in this SE answer). Is there a document with a high-level ...
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2answers
16 views
Connecting to a node and opening a channel
What is the difference between connecting to a node and opening a channel with a node in the lightning network? What are the events happen when I just connect to a node?
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2answers
14 views
Number of nodes and channels in Lightning Network?
(1) Is there any tool by which we can know the current number of nodes (participants as payer/payee) and number of channels in Lightning Network with an accurate estimation?
(2) As a more advanced ...
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1answer
27 views
LND Security best practices? Disaster recovery?
Can anyone share a knowledge how to
_ secure LND node
_ backup node with all Channels
I think only a seed will not be sufficient.
What is your plan B in case of disaster? How to do an Emergency ...
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1answer
34 views
Could LN wallets be seamless?
Currently, the funds deposited in a payment channel cannot be sent on-chain without closing the channel. Similarly, the user must open a brand new channel in order to deposit some on-chain funds into ...
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1answer
25 views
Do I have to pay Fees on the Lightning Network if there is a Payment Failure?
Lightning nodes are talking fees for routing a payment. Will fees be charged anyway if a payment fails?
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1answer
30 views
Limitation for minimum output size? AND a fixed per-transaction fee for payments in Bitcoin?
In the following article by http://lightning.network/ entitled: "The Bitcoin Lightning Network Summary", (Link to the article) is mentioned:
"Lightning enables one to send funds down to 0.00000001 ...
-2
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1answer
133 views
Removing “hub-and-spoke” property of Lightning Network?
Lightning Network is based on this idea: "Near-zero fee transactions with hub-and-spoke micropayments" (Link to the article) proposed by Peter Todd.
An article entitled: "Mathematical Proof That the ...
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2answers
31 views
How to fund a bidirectional payment channel?
Assuming two users want to create a bidirectional channel between themselves such that user_1 wants to pay 2 BTC to user_2 at the end and he divides this amount into 10 micro-payment (each micro-...
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1answer
28 views
Running lightning in prune mode
I am running lightning with the LND implementation and a full node. Nevertheless, I heard that it is possible to use Lighting in pruned mode.
How is this possible?
I read in the LND install ...
1
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1answer
47 views
How do 'Sphinx' invoice-less payments on the Lightning Network work?
There was recently a WIP draft published to the lnd Github, for a 'Sphinx payment mode' for Lightning Network nodes. To quote Roasbeef from the Github PR:
[this allows] the ability to send a ...
3
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1answer
61 views
Lightning Network `channel_update` message Flag clarification
This is a lnd.log line:
2019-01-11 12:20:13.904 [DBG] PEER: Sending ChannelUpdate(chain_hash=000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f, short_chan_id=601495532567724033, flag=...
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2answers
41 views
Is there actually a dilemma of whether or not to publish channel states for LN nodes?
I've heard that there is such a dilemma for LN: if channel states were not published, the payer will not able to find any viable path, unless he takes brute-force-like probing approach (which looks ...
3
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1answer
88 views
Why did my lightning node not route payments after I have funded 5 payment channels?
I have setup a docker-compose with bitcoind and clightning.
After 28 hours funding 5 channels I see nothing at all. I do not expect income, but at least that the channels are used.
$ lightning-cli ...
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2answers
35 views
Implementation of tokens/assets/colored coins on top of bitcoin lighning nodes / channels?
I'm trying to research how tokens or colored coins would work on top of bitcoin lightning channels / nodes. Has any project tried to build token issuance on top of the Bitcoin lightning network? How ...
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2answers
37 views
Is it possible to run two nodes with the same public key?
Is it possible to run two nodes with the same public key on the Lightning network? The reason is reliability -- two different servers run different instances of node software with the same setup (incl ...
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3answers
40 views
Lightning network channel capacities and gambling site jackpot payouts
Let's say I want to make some kind of gambling app:
The user creates a channel with the business. (local_amt = 1000, remote_amt = 0, capacity = 1000)
User bets a few times and wins a jackpot of 5000 ...
7
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2answers
1k views
What makes millisatoshi real?
In the Lightning Network, it's possible to pay in units a thousandth of a satoshi, a millisatoshi.
But you can't redeem them directly on the main chain when closing a channel, it will be subject to a ...
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1answer
24 views
Limits on lightning channels and payments
What are the upper and lower limits on Bitcoin Lightning channel balances and transactions, and where are these limits defined?
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1answer
47 views
In which cases I could find funds locked in a failed route?
I received an invoice from node Z and my node (A) suggests me 4 possible routes.
If the first two routes fail, are there cases in which funds get stuck into one of these routes until the HTLC expires?...
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2answers
60 views
Can a Lightning channel's initial BTC value be updated?
When an LN channel is created, it is funded with an initial BTC amount by at least one one peer. But given that most of the whole idea of LN is the existence of long running channels, I wonder if this ...
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1answer
36 views
Why would apps use Lightning over an on-chain TX?
I'm trying to understand software orientated payment use-cases for Lightning payments.
Given a web app that accepted BTC payments charged in Satoshi for a service - watching videos for example; why ...
4
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2answers
245 views
What criteria should be taken into account when selecting nodes to create new lightning channels with?
Alex Bosworth recently pointed out:
I see people connect to a "well connected" node on LN and by that they mean they connect to a node with lots of channels. The number of channels is actually a ...
1
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1answer
33 views
Can I use lightning for ERC-20 (Ethereum coins)
Just finished setting up my lightnig node. It is awesome!! Does anybody knows an implementation or documentation that explains how to make it work on rinkeby or ethereum mainnet?
4
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1answer
145 views
Lightning Network: asymmetry in the information tracked by each participant?
In following paper, written by Christian Decker et al., there is a paragraph that is not clear to me.
eltoo: A Simple Layer2 Protocol for Bitcoin
"The central idea of Lightning is to invalidate ...
2
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1answer
45 views
How is node capacity determined on 1ML.com?
I have set up a Casa node, using lnd, and opened 15 payment channels. The capacity of my channels, after almost 3 weeks, is exactly what it was when I opened the channels, leading me to believe that I ...
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1answer
46 views
Ownership of private keys in the Lightning Network
My question refers to the technical side:
who is holding the private keys if a third party is using my lightning node to participate in the Lightning Network payment channel ?
Thank you
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0answers
28 views
Why can’t lightning tx’s be signed with sighash single to allow for fee updates?
Are out-of-band fee payments to confirm a lightning closing transaction the only way to manage a situation where the sat/kw of a previously signed commitment tx are simply below market?
If additional ...
2
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1answer
66 views
Routng in Bitcoin Lightning Network
Here is all we can find in the Lightning Network whitepaper about payment routing process that it is completely unclear to me (at least it is not enough to know what happens exactly at time of finding ...
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1answer
31 views
How is the recipient address for closing a Lightning Channel derived?
I've recently opened a payment channel in the Bitcoin testnet LN.
The funding TX ded9fc8b1ee5506037e057a37057a598c362c4b698a40076e75ea88e2ae8a2a2 decoded:
{
"txid": "...
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1answer
107 views
To create a channel on the Lightning Network, do you have to execute an actual transaction?
I'm trying to better understand the Lightning Network. I was reading this article -- https://medium.com/coinmonks/lightning-network-how-does-it-work-ceeeda8ad21e . My question is, when two parties ...
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2answers
33 views
How to determine how many transactions are being processed by the lightning network?
Is there a way to get an estimation of how many transactions are being currently (last hour or last 24h) processed by the lightning network? And by a specific node?
2
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1answer
60 views
Lightning Onion Routing vs TOR
From what I can gather BOLT #4 is applying similar methods, such as obscuring previous and future hops from intermediate nodes, to the TOR network for routing payments across the Lightning network.
...
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1answer
31 views
What is the relation between a Hash Time Lock Contract(HTLC) and a Commitment transaction?
I want to know about what happens to the commitment transactions as the HTLC's are sent and cleared along to peers in a route.
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1answer
45 views
c-lightning determine channel capacity
I'm using c-lightning to experiment with sending micropayments backwards and forwards between 2 separate nodes.
One area I am experiencing great difficulty with is being able to generate an invoice ...
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2answers
22 views
How to check version number of lnd?
New lnd version came out recently, but I'm not sure which version I'm running. How can you check?
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1answer
56 views
Why do we need a “routing” process in Lightning Network?
If I am wrong, please correct me.
If we simplify Lightning Network, it seems to work similar to this simple unidirectional payment channel between two parties (although, Lightning Network is a ...
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1answer
36 views
Order of Exchanging Revocation Keys during Lightning Transactions
How do Alice and Bob share their ephemeral private keys simultaneously? If they don't, and let's say Alice first sends Bob her private key. At this point, Bob can broadcast his current commitment ...
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1answer
48 views
Is routing approach of Bitcoin Lighning Network “decentralized” and “trust-less”?
From the Bitcoin Lightning Network:
it is possible to find a path across the network similar to routing
packets on the internet.
Is routing approach of Bitcoin Lighning Network performed in a "...
2
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1answer
43 views
lightning-cli list only my channels
After connecting to a busy lighnting node such as 03c856d2dbec7454c48f311031f06bb99e3ca1ab15a9b9b35de14e139aa663b463@testnet-lnd.htlc.me the number of channels my own lightning node knows about ...
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0answers
27 views
library for light-weight wallet : btcsuite or BitcoinJ [closed]
Do btcsuite + Neutrino(Lightning-lab) together provide sufficient foundation for light client capable to service onchain transactions (not multisig & not related to Payment Channels)?
Or is it ...
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2answers
52 views
Lighting Network transaction
I have never used LN, but read about it and I am confused about one thing, if I am send BTC through channel, then receiver exactly know who send this and can in some way check how much sender's ...
0
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1answer
30 views
Lightning payment between two nodes
I'm struggling to work out how I can setup a channel between two lightning nodes so that I can send a single payment from one node to the other.
I have set up two separate c-lightning nodes connected ...
0
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1answer
47 views
How do nodes communicate over Lightning network?
I read the following article and watched below video.
https://medium.com/@melik_87377/lightning-network-enables-unicast-transactions-in-bitcoin-lightning-is-bitcoins-tcp-ip-stack-8ec1d42c14f5
https:/...
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1answer
39 views
lncli pendingchannels output: difference between `pending_closing_channels` and `waiting_close_channels`
When plotting lncli pendingchannels, two of the outputs are oddly similar:
pending_closing_channels and waiting_close_channels. I have only seen my closed channels either as the output closedchannels ...
4
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1answer
45 views
Why is last channel's expiry different in Lightning Network Routes?
Both in the Basic of Lightning Technology (BOLT) documents, and in the specification of lnd, there is a different treatment for the last channel in a route. In BOLT#2 it refers to a variable ...
0
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1answer
84 views
Lightning network routing failure rate
Let's say a lightning node A wants to route a payment to a lightning node B, being A and B not directly connected.A looks for routes throughout the network, using the info about the total capacity of ...
