Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BobLawblaw
on 10/07/2018, 15:01:51 UTC
Does anyone know, do I have to spend down on my channel (I only have one open right now) before I can receive payments on that channel? Or can I receive lightning payments that cause a balance on a channel that is in excess of the total amount that I dedicated to the channel when I opened it?

Hey guys. Are you seriously telling me that not one person here can provide me with a lightning address to test out in exchange for free money? Alternatively does anyone know any good causes that are accepting lightning donations?

1) Good question. I'm not sure about how that works - needing to establish at least one channel to fund a transaction. I'd test, but I just shut down my node a short while back - It has become a distraction at the moment, and I'm starting to pursue passion projects now.

2) I mean, I could provide you an invoice to pay. How much money to you want to send me ? (Actually, with my node down, no routes to me, and don't want to send more funds to lnd after withdrawing, that will likely be a problem)

3) Back to point 1 - shutting down my node - lightning is certainly a compelling technology, and I'll be revisiting back when it's even more stable.

 Playing with it over the last 4 months has been... well... a bit of a slog TBH as things were approaching the 0.6 release.

 Funded about 0.5 BTC to play with across a bunch of channels, pulled out 0.26 BTC after shutting everything down. Fucked around with Satoshi's place a bit, bought some stickers, but I believe most of the 0.24 BTC I didn't get back was blown on channel open/close fees, and possibly just "lost" due to bugs and shit.

 Whatever.

 Still continuing to run my full public Bitcoind node, as that is effectively zero upkeep, and I have enough HD space allocated for the server to run for at least 10 years if it has to, on it's own dedicated UPS.

 Just wish this wasn't such a shit season for Bitcorn Sad