🚨NEW VIDEO🚨
Lightning Network: The Economics of Bitcoin's Global Payment Rails
Nik Bhatia of The Bitcoin Layer is joined by @Amboss founder @Jestopher to discuss LN contributing to bitcoin as a global monetary network, fascinating statistics about the usage of lightning, and LN's tradeoffs.
Amboss
_@amboss.space
npub19tcp...nlea
Intelligent Payments for High-Volume Digital Economies. Built on Bitcoin.
#lightningnetwork #bitcoin #amboss
Are you looking for a way to bring Bitcoin and Lightning to the world?
Here's the opportunity:

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ICYMI: Yesterday we announced MiBanco.app closed beta, a wallet that's optimized for onboarding.
Features:
-No app download
-No bank required
-Lightning Address
-Self-custodial
First 100 referral code = bitcoin


BancoLibre
BancoLibre

X (formerly Twitter)
AMBOSS ⚡ (@ambosstech) on X
🔔 Big news! Amboss is launching Banco, a peer-to-peer finance app that makes onboarding friends and family to Bitcoin a breeze. We're kicking of...
Lightning node runners are most active when transaction fees are low, so they can earn a high ROI for each useful channel they create.
We're seeing Magma activity pick up, fixing payment issues with decentralized liquidity and delivering ROI for good node operators.
#lightning #noderunners #plebnet #nodestriches

Lightning Network capacity has shown sustained, aggressive growth since April IN BITCOIN TERMS.
In USD terms, the network has ranged around a capacity of $300M to $360M since April while the Bitcoin price has taken a tumble.


Happy (Financial) Independence Day to all the Lightning Node Runners!
⚡🌎🇺🇸
Now is an excellent time to create an offer on Magma. We're seeing large channels get purchased from a broad range of nodes.
Here's a standard 1 BTC offer to modify to get started:
#lightning #lightningnetwork
Amboss Space
Amboss Space - Lightning Network Explorer and Analytics Tools
Lightning Network Explorer and Analytics Tools. Search for nodes and channels on the Lightning Network and get detailed information on them.
THE LIGHTNING NETWORK IS WORKING ADMIRABLY TODAY
Thanks to the awesome feedback we received on the invoice decoder, we added optional client-side invoice decoding!
Client-side decoding enables higher privacy, but limits lightning address and LNURL decoding.


Nice.
#Bitcoin #sats #lightning
#Bitcoin #sats #lightningHere's what we can learn from Lightning Addresses. There's a lot of information packed into a lightning address, providing ample opportunity for innovation and improved operations.

Stacker News
Decoding Lightning Addresses - What can we learn? \ stacker news ~lightning
Let's try some lightning addresses in the decoder: Starting with the most basic to the most complex ⬇️ Alby Lightning Addresses - Simple Starti...
⚡We've added Lightning invoice decoder to Amboss Space!
Invoice decoders deliver insights about payment requests that can come in the form of an invoice, an LNURL, or a Lightning Address.
To demonstrate the insights you can derive, we've prepared a thread of wallet invoices!
Starting simple, here an invoice from BitcoinJungleCR, a custodial lightning wallet:
Similar setups include: zbd, walletofsatoshi , and Strike
This is a BOLT11 invoice where it pays to a single node destination. Routing Node Operators will use the Payee Pubkey information to discover new nodes to connect to so that the network can have a variety of routes to pay BTC Jungle CR reliably.
Next up in complexity, a BOLT11 invoice from @Breez_Tech, a self-custodial lightning wallet:
If you check the Payee Pubkey of the Breez invoice, you'll reach a page that says "Unable to find this node". This isn't a error; this reveals that @Breez_Tech is using "private" node destinations.
To help the lightning payment reach the destination, it will require Route Hints!
In the Routing Info is a Pubkey, revealing a well-connected 28 BTC capacity node that will convey the payment to the "private" node destination.
Services with similar setups include: MuunWallet (uses a swap service), ElectrumWallet (yes they do lightning!)
"Private node" here only means unannounced to the network (like not listed in the phone book), not a guarantee of privacy.
There are many reasons to use private nodes in practice and most of them are operational: load balancing, payment reliability, failover protection, etc.
Even more complex, we have @CashApp invoices, which include 2 separate paths to reach a private node destination.
Instead of only one potential path to pay, there are now two which can be attempted. This allows one of the public nodes to undergo maintenance while the other remains online to ensure higher payment reliability.
Makes sense when you have 50 million potential users!
Okay now it gets crazy complex: @fedibtc Bravo includes not only two separate routing paths, but there are multiple hops in the second path!
Look how long the invoice string is! That is a lot of data to pack into an invoice, which can also make the invoices more difficult to scan as QR codes or be unable to fit into a tweet!
Setups like this one are fascinating, but each decision is a tradeoff.
In the 2-hop path, the first stop is @LQWDTech followed by "Henwen 🐷", which was also used in the 1-hop path.
This must make Henwen one of the "Gateways" into the ecash Federation.
Mind blower time. Let's talk about @AquaBitcoin invoices.
Aqua invoices only include a single route hint, but the route hint is to a private node!
The payee pubkey is a public node, @Boltzhq, which swaps between the @lightning network and @Liquid_BTC.
Boltz is using "magic routing hints" allowing Liquid to Liquid payments within LN.
https://docs.boltz.exchange/v/api/magic-routing-hints
We hope you learned a lot from this thread!
What else would you like to know about invoices?
What other insights can you gain from this tool?
Starting simple, here an invoice from BitcoinJungleCR, a custodial lightning wallet:
Amboss Space
Amboss Space - Lightning Network Explorer and Analytics Tools
Lightning Network Explorer and Analytics Tools. Search for nodes and channels on the Lightning Network and get detailed information on them.
Amboss Space
BitcoinJungleCR - 03797d...f86960 - Amboss Space
BitcoinJungleCR - 03797da684da0b6de8a813f9d7ebb0412c5d7504619b3fa5255861b991a7f86960 - 65 channels - capacity 768,822,960 sats - Bitcoin Mainnet - ...
Amboss Space
Amboss Space - Lightning Network Explorer and Analytics Tools
Lightning Network Explorer and Analytics Tools. Search for nodes and channels on the Lightning Network and get detailed information on them.
In the Routing Info is a Pubkey, revealing a well-connected 28 BTC capacity node that will convey the payment to the "private" node destination.
Amboss Space
031015a7839468a3c - 031015...9836e0 - Amboss Space
031015a7839468a3c - 031015a7839468a3c266d662d5bb21ea4cea24226936e2864a7ca4f2c3939836e0 - 164 channels - capacity 2,938,169,950 sats - Bitcoin Mainn...
Amboss Space
Amboss Space - Lightning Network Explorer and Analytics Tools
Lightning Network Explorer and Analytics Tools. Search for nodes and channels on the Lightning Network and get detailed information on them.
Amboss Space
Amboss Space - Lightning Network Explorer and Analytics Tools
Lightning Network Explorer and Analytics Tools. Search for nodes and channels on the Lightning Network and get detailed information on them.
Amboss Space
LQwD-Canada - 036491...4907e1 - Amboss Space
LQwD-Canada - 0364913d18a19c671bb36dd04d6ad5be0fe8f2894314c36a9db3f03c2d414907e1 - 560 channels - capacity 3,144,461,490 sats - Bitcoin Mainnet - A...
Amboss Space
Henwen 🐷 - 02f0c7...852640 - Amboss Space
Henwen 🐷 - 02f0c7b731ca40a285d7c12aa1c5c7c7caa4598d3d6d34904c3714cd0d47852640 - 45 channels - capacity 472,322,963 sats - Bitcoin Mainnet - Ambo...
Amboss Space
Amboss Space - Lightning Network Explorer and Analytics Tools
Lightning Network Explorer and Analytics Tools. Search for nodes and channels on the Lightning Network and get detailed information on them.
NEW ATH FOR LIGHTNING NETWORK!
This makes lightning a more powerful and scalable settlement layer for #bitcoin.
Two factors have driven the Lightning Capacity higher:
1. Bitcoin-denominated growth in lightning infrastructure
2. Rising exchange value of bitcoin in USD terms


Payment reliability is the most important metric for the Lightning Network as a payment system.
We teamed up with @HelloStillmark to deliver research that leverages machine learning to bring enterprise payment reliability to the Lightning Network.
Our New Research: "Channel Balance Interpolation in the Lightning Network via Machine Learning" decimates the tired and risky approach of probing to find a reliable payment route.
Combining crowdsourced data and machine learning means reliable payments on LN with less spam.
We're applying this methodology to a new pathfinding-as-a-service feature that is showing extremely promising early results.
We're looking for exchanges, rewards programs, or play-to-earn with high outbound payment volume to put our pathfinding service to a real-world test.
To learn more about our research or to join us as part of our payment operations solution, be sure to visit:
This research would not be possible without our collaborators:
@HelloStillmark
@vsingh_5
@emaros96
And peer reviewers:
@renepickhardt
Dr. Christian Kummerle
@alexbosworth
Our New Research: "Channel Balance Interpolation in the Lightning Network via Machine Learning" decimates the tired and risky approach of probing to find a reliable payment route.
Combining crowdsourced data and machine learning means reliable payments on LN with less spam.
We're applying this methodology to a new pathfinding-as-a-service feature that is showing extremely promising early results.
We're looking for exchanges, rewards programs, or play-to-earn with high outbound payment volume to put our pathfinding service to a real-world test.
To learn more about our research or to join us as part of our payment operations solution, be sure to visit: 
Amboss Technologies, Inc.
Amboss Technologies, Inc.
Intelligent payment infrastructure built on Bitcoin: designed for real-time, low-cost transactions that scale effortlessly, empowering next-gen dig...
Sup guys


Want to learn more about how Reflex supports payment operations?
Here's BitcoinBufo describing the configurable rules engine that Reflex delivers.
youtu.be/G4CpeLm6eGc
You can also experience it for yourself at RPO.dev!


Amboss Technologies, Inc.
Amboss Technologies, Inc.
Intelligent payment infrastructure built on Bitcoin: designed for real-time, low-cost transactions that scale effortlessly, empowering next-gen dig...
To manage your lightning node, you need to maintain liquidity from the rest of the network.
The easiest way to achieve that is with Hydro, which will automatically provision liquidity by paying the lowest market rate for liquidity.
https://amboss.space/hydro