Discover and read the best of Twitter Threads about #Lightning

Most recents (12)

1/ With Lntenna-python you can send a @blockstream Satellite message from an off-grid node, using a Submarine Swap over @goTenna mesh network:
2/ To send a message to most of the global landmass from an off-grid device - with no direct internet connection - we leverage the Blockstream Satellite Transmission Service
blockstream.com/satellite-queu…
3/ Because payment for the Blocksat service is via #lightning and our off-grid device only has a full #bitcoin node, we need somebody else to *trustlessly* pay on our behalf...
Read 10 tweets
1/
Just had a "holy shit" moment w/⚡️#Lightning @lightning

In 4 weeks I've -

• paid a friend for drinks using @Breez_Tech
• + bought @OPENDIME, a shirt, a beanie, & @skwp's "inventing Bitcoin" at #BitBlockBoom
• got one of @quin_solo's BTC coasters
...
@lightning @Breez_Tech @OPENDIME @skwp @quin_solo 2/
• bought a beer at the Raleigh Bitcoin Meetup
• grabbed a @HomeDepot card from @bitrefill for bedroom trim
• withdrew some beautiful Anon's 500k sat donation from @tippin_me 🙏❤️
• earned 10,000 sats back on @SatsApp for my @CasaHODL node being online.
@lightning @Breez_Tech @OPENDIME @skwp @quin_solo @HomeDepot @bitrefill @tippin_me @SatsApp @CasaHODL 3/
• depleted my @Breez_Tech change playing @lightningspin (im a degenerate⚡️gambler 😔)
• bought some router drill bits & mortiser template on @amazon using @fold_app (can't get the door we want pre-hung, wtf rite?)
• fed the chickens again at @pollofeed cuz why not?
Read 6 tweets
Today I'm faced with
(1) no food,
(2) locked out of my bank with no friends to help me get cash out,
(3) @RevolutApp card i picked up in Prague won't let me top up b/c I'm a New Zealand resident, and
(4) no nearby places to buy food with $BTC

Time to try @bitrefill x @Tesco!
First things first I gotta try #Lightning. So I install @bluewalletio and import my main brain wallet.
Now I create a new #Lightning wallet, the process is very simple, click and go.

Then manage funds > refill, and issue an on-chain Bitcoin transaction to my newly created #Lightning wallet, 'Grease'. Don't have to mess around with any configuration thanks to @bluewalletio #lndhub
Read 9 tweets
Thread:
About climbing my 1st 14er, campaigning for @PeteButtigieg at 14,000ft, finding community with strangers, an electrifying moment, and the biggest surprise of my life!
We arrived at the #MtEvans trailhead around 7:30am, the peak was lost in fast moving clouds. #14er
Mt Evans magnets & shirts don't lie, the GOATS! So awesome.
We had goats greet us at the trailhead, we kept our distance &
ogled them with delight. #14ers
#OhWhataBeautifulMorning
#TeamPete, I brought my @playmobil #minime & a #Pete2020 banner for some inspiring photos exploring #AmericatheBeautiful.
#SummitLake parking lot, with another 2,00-odd ft to ascend to the peak of #MtEvans, a #14er that I can see from my house, SE of Denver!
Read 41 tweets
@el33th4xor caught this. i'm going to break it down in a long, probably painful THREAD.
FinCEN issues, then maybe retracts, 30 pages of guidance that is stated to be a reiteration & consolidation of prior guidance "rules and interpretations to other common business models involving CVC (convertible virtual currency) engaging in the same ...activity"
6 sections: 1. key concepts within the context of the guidance.
2 consolidates & explains current FinCEN regulations, previous
administrative rulings, & guidance involving the regulation of money transmission under the BSA. 3. summarizes FinCEN’s 2013 guidance
Read 90 tweets
Can someone who loves #LightningNetwork tell me why I can't use a network scanner, find a security hole, gain access to this IP, and re-route funds? If I can do enough recon on this IP, maybe get some keylogs or intercept your 2FA, a $184k payout seems worth the effort to me.
This is a sincere ask, because as a threat analyst, it seems to me that publicly advertising your IP and available funds held within a channel seems highly irresponsible. It doesn't matter how locked down your security may be, because if the NSA can be hacked, so can your LN node
Is there some technical magic that you all implement that keeps hypotheticals like this from happening? I have no idea, which is why I'm asking. #Bitcoin or #Lightning devs please feel free to shed light on this. I would greatly appreciate it.
Read 3 tweets
Livetweet Thread to the #Boltathon. First up is @alexbosworth:
"In order for #LightningNetwork to succeed, a decentralized layer 1 is a must."
"Multiple member #LightningNetwork channels imply thousands of members per channel, tens of thousands of members per block, billions of members per week."
Next up is @bitconner on the architecture of lnd towers.

"It's one of the solutions to constantly having to be online. The design space in this area is massive. There are at least 10-12 dimensions of privacy to consider."
Read 26 tweets
⚡1/44 THEY SAID IT WOULD FAIL ⚡

#Bitcoin's software has been running for 10 years…

That’s:
⚡87.6K hrs
⚡3.6K days
⚡370m TXs

To mark history, we’re launching our first interactive feature: #BitcoinAt10. The story of bitcoin, told by its builders: ow.ly/9d3a30nfAuG
2/44 #BITCOIN’S 7 MOST ICONIC MEMES

Magic Internet Money Wizard? Rollercoaster guy?

Take the red pill to explore CoinDesk’s list of the decade's best bitcoin #memes. (Or don't. Honey badger don't care...)

READ: ow.ly/Rs8e30nfu2g #BitcoinAt10
3/44 THE BEST #BITCOIN SLANG

Don’t let the bearwhale get you. HODL to ride out the Flippening...

Can't make sense of the sentence? We list the 12 best #crypto words of the decade. Think of it as yourr #hyperbitcoinization guide.

READ: ow.ly/uXHr30nfukc #BitcoinAt10
Read 44 tweets
0/ The #crypto and #blockchain space can get awfully noisy. Below, the bits that caught my eye over the past 24 hours or so.

21 events compressed into a humble #Twitter thread. Enjoy!
1/ 🙋‍♂️ @IOTAtoken [ $IOTA ] made hires #52 and #53 for 2018 via Andreas Penzkofer and William Sanders.

The former is an electrical engineer and physicist specializing in analytical and numerical methods. The latter, an academic focused on commutative algebra and category theory.
2/ 💡 Australian #blockchain startup @PowerLedger_io [ $POWR ] upped its presence in the U.S., announcing the deployment of its P2P renewable #energy trading platform at licensed retail electric provider @APowernet's Pennsylvania HQ.

Click below for more! medium.com/power-ledger/p…
Read 24 tweets
1)I am seeing an increasing number of people under the impression that #lightning as an overlay bridge network for #blockchains (via atomic swaps) is a great thing for alts.

And they can not be more wrong.

In reality, Lightning is where #altcoins will come in droves only to die
2) At the moment, all blockchains are entirely segregated from one another. The only real bridge that exists today are exchanges which are largely inefficient with enormous amounts of friction, ie. registration, KYC/AML, confirmation wait times for deposits/withdrawals, etc.
3) Friction & segregation of networks protects smaller networks from larger ones consuming & engulfing them. Network theory teaches us that we continually gravitate towards the singularity, after all this is the entire premise of a network. This is evident all throughout history.
Read 11 tweets
1/
All within the last 30 days in #Bitcoin

• All #Lightning implementations hit Beta! @blockstream @lightning @acinq_co
• lightning.spin gambling #Lapp
• RGB #Lightning + #Bitcoin assets @giacomozucco
#Liquid Sidechain Issued Assets @Blockstream
2/
• AMP #Lightning payment routing research @joostjgr
• Full Privacy Wasabi Wallet @nopara73
#Schnorr Signatures BIP!! @pwuille @Snyke
• BIS chief says "stop trying to create money" 🤣
@coinbase custody open for deposits!
@CasaHODL open for Business!
3/
@CNBCFastMoney -"#Bitcoin is dead" #lmao
• low-tech inbound LN capacity solution @alexbosworth ⚡️
#BetterHash protocol for decentralized mining pools @TheBlueMatt
@TheCryptoconomy releases 100th podcast episode! 😉🤣
• Atomic on-chain #LTC to off-chain #BTC swaps
Read 7 tweets
THREAD: Ready to get mindblown by #Bitcoin #CORE implementations and progress?

Volunteers around the world gather and cumulate tons of hours from the best minds on this planet about the topic. This is a gift, an invention made to humanity.
Forget about 2nd layer, it's already and way too mainstream as I recently stated.

Yet, welcome now to the "in between layers": "The new layer can be seen as a channel factory"

bitcoinmagazine.com/articles/new-s…
Now Smart contracts.

You tought #Bitcoin was dumb? First and foremost, you were wrong because $BTC has smart contracts *since the inception*: multisign and lately get timelocks (led to LN).

If you didn't know that, admit you're never really been interested in Bitcoin or lured?
Read 35 tweets

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