MAJOR UPGRADE FOR LIGHTNING
You've never seen liquidity on lightning be this easy before!
Stay tuned tomorrow for our full announcement!! 🌊 ⚡
⚡ This is what we like to call inbound liquidity 🌊
🚨 Magma needs channel sellers! 🚨
If you want to start earning sats from providing lightning channels to growing nodes, there's no better time. Create an offer on Magma!
Magma makes every lightning node an LSP.
Every node can be an LSP.
amboss.space/magma
As Zeus spins up their Olympus LSP service, their node capacity has exploded upwards.
Forget about Bitcoin ETFs -- let's make a lightning fund.
We're approaching 2500 lightning channels opened since we launched Magma, a first-of-its-kind lightning channel marketplace in April 2022.
Magma continues to be an extremely valuable service to shape the lightning network to align with market forces.
I'd like to see nostr:npub19tcpurtt6xulhw0r6sc404j9jraj0h8me2lzs7z2tqewz7l0hpas59nlea notifications via nostr instead of Telegram.
Good to know! The notifications in the nostr ecosystem have improved dramatically.
While I'm at work I have 3 hypotheses
1- A group of hackers entered my house.
2- My cat ran, skidded and hit the node.
3- Power cut.
Number 2 is the most likely... ⚡🐈⬛
nostr:npub19tcpurtt6xulhw0r6sc404j9jraj0h8me2lzs7z2tqewz7l0hpas59nlea nostr:npub1rwj9tlpsp8fs5az59jgk2j6m22w3fuvme47u8deyxv8f86ussxnsgjwl7f #plebchain #nostriches
We've had false alarms sent out recently as we upgraded our infrastructure. Sorry for this!
Over the past month, there's been a lot of cleanup of lightning channels with single direction payment flows.
These channels should be closed after a time since they are no longer useful for routing payments. In most cases, there are already parallel routes with sufficient liquidity to settle payments.
Overall payment pathfinding and payment success is expected to improve since the remaining channels have a better chance of successfully routing payments.
Our observation of the Lightning Network capacity decreasing recently has been validated other lightning network explorers and verified by on-chain proof that the channel UTXOs have been spent.
It's a new iteration of Magma
Is managing lightning channels too complicated?
We're looking for merchants that run their own lightning nodes but don't want to manage channels. We're working on a product that's special built for your needs.
Please reach out to be part of our trial group! ⚡
https://giphy.com/gifs/robot-lightning-short-circuit-o2ITDLRkP2oGk
nostr:npub19tcpurtt6xulhw0r6sc404j9jraj0h8me2lzs7z2tqewz7l0hpas59nlea is my latest Design Case Study.
Links to the blog post and Figma files are below.
Thanks for the resources from @npub13s5mxgws70rpxsug96jfvglggackjrxs2ehypwg0prjaxsek42sqd9l03e
#bitcoin #uxui #design #dcs1 #afterbefore #hodlflow #website #marketing #hiremestr #proofofwork #pow #worktolive #plebchain
#lightning #network #noderunner #liquidity #marketplace #explorer #amboss
https://www.hodlflow.io/amboss-design-case-study/
This is amazing! Please apply if you haven't already; we'd love to meet you!
https://twitter.com/prestonjbyrne/status/1681041211421753344?t=UdKYtfGiDVvTcBT7-KwRhA&s=19
#lightningnetwork #etf #blackrock
“So Blackrock has an opportunity to disrupt, not only all of the interest in gold, and go for a digital gold which [BlackRock CEO] Larry Fink already seems to prefer, but also payment processors like Visa, Mastercard and American Express and actually have the true upside of a tech company but the fundamentals of a very natural asset that is scarce,” https://www.theblock.co/post/240048/blackrock-disrupt-visa-mastercard-lightning-network-amboss
While the change was dramatic for the overall lightning network capacity, there is no need for concern.
In fact, this type of channel management is essential to maintain high payment reliability.
Notably, on-chain fees are low and all closes were mutual.
https://twitter.com/Leishman/status/1678726013402923008?t=KnQ6bUPgGtye7NalGLjqZg&s=19
Not anything beyond closing and reopening channels on the same node. We're too busy keeping track of what is happening on lightning!