NO WHINING ABOUT FEES WILL BE TOLERATED THIS CYCLE
@Rip VanWinkle⚡️ made several detailed videos showing you how to run a lightning node and save on fees.
This devastating piece of legislation from the EU moves Europe further away from the benefits of better money technology.
Friendly reminder:
You can't ban #bitcoin; you can only ban yourself from it.
For the rest of the world that wants to enjoy the benefits of #bitcoin and #lightningnetwork with faster, cheaper payments, we'll be innovating elsewhere ✌️
*Sensible* regulation is doable for businesses thanks to Reflex. With nonsense regs, we leave.
Want to use lightning for your business but don't want to manage channels?
Try using Hydro, which ensures that you can receive payments without advanced lightning knowledge.
Hydro automatically buys lightning channels to make your lightning node perform without requiring your attention.
https://amboss.space/hydro
Just Announced:
LQWD Tech, the first publicly traded lightning network company in Canada, partners with @Amboss to provide an initial tranche of 10 BTC of institutional-grade liquidity to the Amboss 'Magma' LSP Marketplace.
Node issues and need to shut down?
Send out an Announcement to your peers and subscribers!
Announcements use whichever notification method a user has listed on Amboss.
#lightning #Amboss
Shout-out to the @npub15klk...4m73 team making the Lightning Network easy, accessible, and shipping relentlessly to make it the instant payment rails of the globe.
Great to see the incredible work they do first-hand, even during their company off-site at @npub1e83q...klzd.
Hydro now automates liquidity operations for 46 lightning nodes on the network.
We heard you when you said managing channels takes too much time! So, we made it fully automated.
Getting set up with Hydro is easy and can be completed in 90 seconds.
https://amboss.space/hydro
Not everyone will take a regulated path with their lightning nodes and that's a good thing!
The lightning network is constructed with bountiful redundancy in many jurisdictions if one node becomes more restricted because of regulation.
What Reflex enables is translating a business policy into operations to simplify working within the shifting regulatory landscape and an organic payment network. This works not by imposing a policy on others, but by self-governance.
Excellent newsletter from the @LN Markets team diving into key nuances of what regulatory interpretations mean for the lightning network.
As we'll share in upcoming Reflex updates, there are potentially severe operational impacts to adopting restrictive "bubbleboy" peer policies.
https://blog.lnmarkets.com/latest-strikes-72-february-19th/
A 1 million sat channel (0.01 BTC) on the Lightning Network can now settle payments up to $612 at a time.
A 10 million sat channel (0.1 BTC) can settle payments up to $6123 at a time.
This can happen millions of times over the life of a channel.
#lightningnetwork #Bitcoin
NEW ATH FOR LIGHTNING CAPACITY!
Lightning Network settlement capacity has reached a new all time high at $268M in USD terms.
In BTC terms, the capacity has decreased while anecdotal transaction activity has increased. This is a testament to the efficiency of settlement on LN.
#lightningnetwork #amboss #lightning #ATH
Learn more about #Reflex and Navigating Regulation for #Lightning Companies!
Here is our presentation first delivered at @btcplusplus in Buenos Aires, Argentina.