An unsuccessful payment (in the vast majority of cases) is returned to the sender immediately. In very rare cases, a payment gets stuck and is returned to the sender in some (20-80) blocks, depending on settings.
Many payment failures go completely undetected since payments are attempted iteratively through a trial and error process until success or the timeout.
Failures primarily cost time.
We think it's cool too! It's like the network got a free Super Size upgrade ⚡
The metric we've shown is the *network average* payment reliability, which will not increase with a more centralized network.
We've prepared the Magma AI channel recommender, which provides optimizations for maximizing network payment reliability (for free) and optimizations for maximizing an individual node's payment reliability (for consideration).
The biggest win is a decentralized (or distributed) payment system.
More on Magma AI: https://amboss.tech/blog/magma-ai
We've isolated the performance differences for Bitcoin denominated payments and improvements have been minimal, but positive.
Based on the results, the machine learning tooling (like Magma AI) that we've prepared to improve network topology is essential to move Lightning forward in terms of its payments capability.
It also means that altruistic behavior will not motivate network changes; the topology changes will require additional Bitcoin in the network and returns on that investment.
Ah, no worries!
Gossip describes the information contained in the Lightning Spec "BOLT" 7. You can see the information exchanged here, per spec: https://github.com/lightning/bolts/blob/master/07-routing-gossip.md
The gossip messages contain node and channel information as well as updates to them. Individual payment information is not shared with gossip, only the existence of payment channel through which payments can be made.
The animated graphic of max flow is the result of a complex simulation of payments from random sources and destinations to generate an average of the network performance. Payments are assumed to take multiple paths and exhaust all available liquidity.
You can learn more about Max Flow and why it matters on our blog: https://amboss.tech/blog/the-metric-that-matters
Can you clarify the question? There's too many ways to answer that.
Every LND node has a database that is bbolt, but we use internal databases as well that are more optimized like Postgres and several graph-specific databases for certain calculations.
That means that channels must be rearranged or additional Bitcoin capital is added strategically.
This is data that we provide from Lightning Network "Gossip" - BOLT 7
Lightning payment reliability for $100 payments has been launched higher by Bitcoin's price increase.
$100 of BTC can now be sent anywhere in the lightning network with a 77% chance of success, up 20% from last year.
To improve further, lightning network topology must shift.
Yields on Lightning Network Liquidity for January maintained at 1.67% APY while on-chain transaction costs reached rock-bottom levels.
Even when on-chain costs are low, Lightning delivers SPEED.⚡
Just Boss;
It's cleaner.
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Bitcoin es el Dinero de la Economía de Maquinas
nostr:nprofile1qqsz4uq7p44arw0mh83agv2h6ezep7e8mnau403g0p99svhp00hms7cprfmhxue69uhkummnw3ezu6rpdej8j6n4de4hjtnrdaksz8thwden5te0vakx7cnpdskhyetvv9ujucm9wd3juarjv9jx2qfzwaehxw309ahx7um5wfjkzmfdw3jhxapww4czuunpd9k8wcte9eshququcjzc3 CTO @apotdevin explica por qué Bitcoin con Lightning es el dinero perfecto para micropagos y todos los servicios con base en el internet.
Yesterday, Paolo Ardoino announced that Tether would be issuing USDT on the #lightningnetwork. The opportunities that this enables are hard to overstate, from trading and arbitrage to higher yields on lightning liquidity.
With over $7 trillion worth of Tether payments made in the past year, this volume will be very rewarding for lightning node runners.
Many of you already know that you can make a lightning node profitable...
but did you know that we publish every channel order that is processed by Magma?
The market data is there for anyone to see and optimize their yields from self-custody lightning!
See more here:
Glad you found us!
Welcome to the wonderful world of self-sovereign lightning!
This feature exists in Thunderhub and can displayed as mostly local vs Mostly remote or mostly balanced. It's up to the user what to the share to the Amboss API. Our pathfinding API will use the information provided with high certainty, so the users that share this information will get suggested for routing more often.
This is network average, so this is definitely skewed by hobbyist operators.
The Lightning Network has made a huge improvement in performance over the past year, serving micropayments --> everyday payments.
This is a combination of improvements in network topology and asset appreciation vs the unit of account ($).
