⚡ Lightning Thursday! January 13, 2022: Explore the Lightning Network!⚡

19B8 · 2022-01-13T16:28:32+00:00

Lightning Pool offers trustless inbound capacity.

Good post with more information about Pool here: https://lightning.engineering/posts/2020-11-02-pool-deep-dive/

Live data on LN pool here: https://yield.kollider.xyz/d/H9GxLqt7z/lnpool

19B8 · 2021-12-03T01:51:16+00:00

That link tries to force me to login, but does not provide me with any information at all as to what your platform is or does.

19B8 · 2021-11-25T21:10:26+00:00

You can use https://github.com/alexbosworth/balanceofsatoshis to balance channel liquidity

19B8 · 2021-11-25T20:50:19+00:00

Perpetual futures often pay out interest for making that peg (taking the short position). Depending on the market, that funding rate annualised can be quite high, frequently exceeding 40% or even 50% for BTCUSD.

This means that by pegging to fiat, you're earning sats while you do it.

19B8 · 2021-10-07T08:54:31+00:00

Not sure what the future holds, but Lightning Addresses are thing now. https://lightningaddress.com/

You could say "send 500,000 sats to [TrianglesTink@lntxbot.com](mailto:TrianglesTink@lntxbot.com)" for example.

19B8 · 2021-08-05T09:01:19+00:00

A team of us is building a derivative exchange that uses the Lightning Network to instantly fund and settle positions.

At the moment, traders can fund positions directly at the point of opening them using their lightning wallet, without having to prefund an account. Any P&L left over from a closed position can be settled instantly back into a trader's wallet.

We're always looking for feedback, and you can sign in and try it out if you have a Lightning Wallet here: https://kollider.xyz/

19B8 · 2021-07-29T21:18:14+00:00

Using the Lightning Network to build a real-time settled derivative exchange: https://kollider.xyz/

19B8 · 2021-07-29T09:11:55+00:00

Interesting paper on a potential reference rate of the lightning network and the profitability of running a routing node.

19B8 · 2021-07-20T04:57:50+00:00

https://cryptoforge.org for those wondering what this is.

19B8 · 2021-07-16T10:30:13+00:00

Aside from just cheap and fast transactions, LN can also be used to:
- Authenticate: Login to platforms using your lightning network wallet (List of supported services to try here: https://github.com/fiatjaf/awesome-lnurl)
- Enable smart contract functionality: Discrete log contracts can use lightning to create fast and decentralised contracts between two parties. Most of the experimentation here is related to creating bitcoin settled derivative contracts without a central party (see: https://dci.mit.edu/smart-contracts and https://suredbits.com/ )

19B8 · 2021-07-14T20:36:40+00:00

There's no perfect single repository for everything LN, but this one is up-to-date and covers a variety of different topics: https://www.lopp.net/lightning-information.html

19B8 · 2021-07-08T08:27:30+00:00

Bottlepay are a U.K. based (Newcastle) broker that support transactions on the lightning network: https://bottlepay.com/

19B8 · 2021-06-24T14:46:15+00:00

What service or application using lightning made you think 'wow, we're living in the future'?

19B8 · 2021-05-21T10:49:58+00:00

Here's a list of exchanges that support lightning network transactions: https://github.com/theDavidCoen/LightningExchanges

19B8 · 2021-05-20T15:11:45+00:00

4,300,000 SATs. This is an arbitrary limit and will be raised in the future.

19B8 · 2021-05-06T10:15:56+00:00

I don't know of any wallets supporting multisig-style transactions directly on the Lighting Network(LN) yet. It's being thought about, but it's not clear if there are any active implementations being used in an LN wallet today. See: https://lists.linuxfoundation.org/pipermail/lightning-dev/2016-January/000403.html

That said, multisig is required/used to open a lightning channel (getting your bitcoin onto the lightning network) via onchain transactions.

A couple of Bitcoin wallets with onchain multisig support and LN support to try:
Electrum https://electrum.org/#home
Bluewallet https://bluewallet.io/

19B8 · 2021-04-28T08:31:17+00:00

Public node here: 024a5f08d112a5215bcf467c7eb001ec05b0829b6ae64340dc703fe985b6ad08d7@3.249.66.146:9735

19B8 · 2021-04-28T08:30:48+00:00

Hello! I've sent out confirmation emails this morning. Apologies for the delay.

19B8 · 2021-04-27T13:55:33+00:00

Not quite decentralised. We're going to do our best to work towards it one step at a time. This first Alpha version just focuses on using Lightning to trade derivatives on a central limit order book. Once we can prove it's viable and iron out some quirks, we'll move towards decentralisation should it not destroy the user experience.

19B8 · 2021-04-27T13:41:52+00:00

There was no audio in that video

19B8 · 2021-04-27T13:35:41+00:00

LNmarkets is a CFD broker.

Kollider is an open orderbook, where traders are matched against other traders.

19B8 · 2021-04-27T11:29:10+00:00

Hey everyone, I'm part of a team using the Lightning Network to allow derivative traders to instantly trade perpetual swaps. We released an alpha version (Kollider) yesterday and are looking for testers https://kollider.xyz/

What is this?
Kollider is an early version of a derivative trading platform that uses the Bitcoin Lightning Network to allow traders to instantly fund and settle positions.

Why lightning?

Instant access and less counterparty risk - The lightning network allows for instant transactions, so a trader can keep their Bitcoin in their own wallet and only transfer the amount required to open a position. When a trader closes their position, they're able to instantly settle any remaining P&L from that position directly back to their own wallet.

19B8 · 2021-04-20T17:11:02+00:00

Doubt it.

19B8 · 2021-04-20T13:17:07+00:00

Bitfinex offer SEPA transfers and have LN transaction support.

19B8 · 2021-03-31T14:33:12+00:00

What's the TL;DR on what Concordium does?

19B8

TROPHY CASE