![]() |
Bitcoin blocks are nearing capacity and regularly get full. Don't wait until transaction fees go up to open Lightning Channels. Do it now while its cheap. Here's how to do very easy, trustless, non-custodial lightning channels with free incoming capacity for receiving.
HINT: if you have LN funds somewhere else (such as the reddit LNtipbot) you can skip to step 5 and avoid an on-chain transaction. Ask in a comment below if you want a few satoshi to play with.
https://i.redd.it/mvpfwmnbmen21.png
Note that this is an outgoing channel. Until you spend money there will be no 'room' to receive LN payments. Instead of trying to free up space by spending you can ask someone else to open an channel to you which creates 'incoming' capacity. To do this we will ask for an incoming channel from LNbig (this person currently owns the top capacity nodes on the network). This is free and will allow you to immediately start receiving LN payments (such as the tips you have gotten from the LNtipbot).
https://i.redd.it/w5oj9l8fmen21.png
https://i.redd.it/cndtdgkkmen21.png
If all that was still too much for you, at least try Bluewallet which will do all of this for you (but is custodial). Look up https://lightningnetworkstores.com/ if you are looking for places that will accept LN payments. submitted by /u/Fly115 |
Author: Reddit.com
Leave a Reply