Michael Levin⚡️ Profile picture
fix the money. fix the world. #bitcoin | product @lightning | ex-@google | 📚🎓@Wharton @EngEntrep 🏈@lsufootball 🏀@pelicansnba
Nov 22, 2023 11 tweets 3 min read
1/11: Lightning businesses should ensure ease of customer payment by maintaining quality, low-cost inbound #bitcoin liquidity.

The latest Lightning Terminal release introduces inbound liquidity reports to assist businesses in achieving this goal. terminal.lightning.engineering
Image 2/11: As a reminder, inbound liquidity refers to the ability of a node to receive Lightning payments. Inbound liquidity indicates the cost and ability for a customer to pay for services from the relevant business or node.
May 1, 2023 12 tweets 5 min read
1/12: As we’ve heard from the Lightning community, monitoring your node's routing activity and adjusting channel fees manually can be difficult and time consuming. So, in the latest Lightning Terminal, we launched automagic fee management! 🤖terminal.lightning.engineering

A thread 🧵 2/12: Autofees automatically manages channel routing fees. To make fee decisions, Terminal uses the forwarded traffic of the top five earning channels over 60 days as a reference for the entire node (in order to determine a target throughput).
May 4, 2022 8 tweets 3 min read
1/8:🚨Opportunity to earn yield on Lightning Pool intensifies 🤑

Over the past month, Pool bid demand has been outpacing ask orders (median rates: 26% APY). There is a clear opportunity for node operators to earn yield on their sats through ask orders on Pool *right now*

🧵 2/8: First off, a Pool refresher, ask = open channel or sell inbound, bid = have channel opened to you or buy inbound liquidity. Buyer = Node operator that needs to receive funds over Lightning, Seller = Node operator that wants to earn yield, deploy capital on Lightning.
Oct 26, 2021 15 tweets 5 min read
1/13: 🚨 Alpha Leak ⚡️

If you run a ranked Lightning node on Terminal Web, you can earn yield on your #bitcoin in a non-custodial, trustless way while improving the Lightning Network *right now* through @lightning Pool 🌊

Time for a thread 🧵👇 2/13: Before we jump in, some quick definitions📖: Ask = open channel or sell inbound, Bid = have channel opened to you or buy inbound liquidity. Buyer = node operator that needs to receive funds over Lightning, Seller= Node operator that wants to allocate capital over Lightning
Aug 26, 2021 15 tweets 5 min read
1/14: Lightning⚡️Network developers are attracting users by solving problems in novel ways. Thus far, those solutions are mostly global micropayment based. But, what if consumer micropayments are just the tip of the spear for the Lightning Development Stack?

Time for a thread 🧵 2/14: Recently, I've been diving into Lightning Service Authentication Tokens (LSAT). I learn best by attempting to explain 🤓 Plus, this stuff is totally mind blowing 🤯 So, I'm sharing some thoughts..

Let's start from the beginning. Ever heard of the 402 HTTP Error Code?
May 27, 2021 14 tweets 10 min read
1/13: In this post, the final of a 2 part series, I explain how #Bitcoin is rapidly approaching its ‘Crossing the Chasm’ moment and hypothesize that the @lightning Network is #Bitcoin’s Crossing the Chasm Superpower. 

A thread 👇🧵👇

michael-levin.medium.com/part-2-lightni… 2/13: Before diving into this new post, if you haven’t already, you should read Part 1: The Dual Adoption Curves of #Bitcoin as it provides some key context.
May 25, 2021 13 tweets 14 min read
1/13: In the attached blog post, the first of a two part series, I explore how the adoption of #Bitcoin can be explained by understanding its dual adoption curves: #Bitcoin , the asset, and #Bitcoin , the network.

michael-levin.medium.com/part-1-the-dua…

A thread 👇🧵👇 2/13: Despite the noise, #Bitcoin is following a transparent and predictable adoption curve based on the Diffusion of Innovations theory. All technological innovations follow this model from invention through the treacherous path to mainstream adoption.
May 24, 2021 11 tweets 8 min read
1/10: The events of this past week change nothing about the long term mission and potential of #Bitcoin . Stay calm, stack sats, and run your own node. I just built a node with @getumbrel. It was simple + straightforward.

A thread on how I did it 👇👇 2/10: First, I bought the materials necessary to construct a node using my @fold_app card (always be stacking). The list of materials is on the @getumbrel website. I was able to buy everything I needed on Amazon.