The commerce will continue on lightning until morale improves.
#memes #funny
We're fine, right?
What impacts will the halving have on the Lightning Network?
This Bull Run hinges on Exchange UX. 🧵🔽
The role of exchanges is expanding beyond transactions.
🚪They are the front door for millions of potential new users.
⛔ But, increased users = higher fees & congestion, impacting user experience.
_____
Bitcoin OGs may be used to bitcoin transaction speed, but it’s UNACCEPTABLE UX for new users.
💨faster, cheaper, transactions = better first impression of the crypto ecosystem.
⚡Lightning Network has a huge part to play
_____
The Lightning ecosystem is stronger than ever, a number of builders (like @amboss) are creating tools that support:
🔨Payment operations,
🔨Automation
🔨Compliance
_____
No one has more to gain in this cycle than exchanges– but the work is just beginning.
₿ It’s easier than ever before to integrate LN into existing products in ways that make BTC more accessible, efficient, and enterprise-friendly.
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🔗 Read the full op-ed from @jesse at @securitiesio.
https://www.securities.io/lightning-gives-exchanges-the-upper-hand-this-bull-cycle/
It's critical to disrupt financial flows with privacy-preserving technology like the Lightning Network and Chaumian e-cash.
Traditional payment systems are honeypots for surveillance capitalism that embed personally identifiable information.
Lightning Network is built different.
The most successful companies in the Bitcoin space have navigated regulation to further a network effect of adoption.
Achieving licensure requires immense legal and technical work, rewarded by new markets and new customers.
Automate the hard work. Unlock flourishing.
Lightning Network capacity is approaching All Time Highs once again in USD terms.
Infrastructure created years ago becomes more valuable as its ability to settle larger payments grows with the Bitcoin price.
Dive deeper into the capacity stats here and view them in other currencies.
#lightningnetwork
Prepare yourselves!
#memes #funny
Example calc:
If your business receives $100k per month, you'll need $100k in liquidity each month, costing $5,440 for the year.
That's $5,440 per year for $1.2M in revenue annually or 0.45% of all transactions.
That's 1/6th the cost of VISA!
The Lightning Network Rate, LINER, just closed for the month of March, showing the annual cost of a monthly liquidity allotment to be 5.44% APR.
Liquidity Providers using Magma Marketplace were able to turn that demand into BTC yield at 3.86% APY.
Awaiting confirmation! We'll look forward to verifying.
More materials on #Lightning can be found in the 21ideas #Bitcoin library
Theoretical articles: https://21ideas.org/en/lightning/
Practical guides: https://21ideas.org/en/practice/lightning/
This is missing Magma and Hydro on inbound liquidity solutions!
NO WHINING ABOUT FEES WILL BE TOLERATED THIS CYCLE
nostr:npub13g07ylkcawqjdkwwzhzm8swdwzmnknqpeh2qejumrqzvv6njqtds8evg79 made several detailed videos showing you how to run a lightning node and save on fees.
Sold another channel on #magma using nostr:npub19tcpurtt6xulhw0r6sc404j9jraj0h8me2lzs7z2tqewz7l0hpas59nlea. Two this month!
Selling dormat liquidity. I can get used to this passive way to stack!
Will I get to three before April?
There is a lot of demand coming. More to come, for sure.
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.
Just Announced:
LQWD Tech, the first publicly traded lightning network company in Canada, partners with nostr:npub19tcpurtt6xulhw0r6sc404j9jraj0h8me2lzs7z2tqewz7l0hpas59nlea to provide an initial tranche of 10 BTC of institutional-grade liquidity to the Amboss 'Magma' LSP Marketplace.
#lightningnetwork
What do you think? Would you buy one if we made a bunch?
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