[...]
while the theoretical maximum is 420 peers (probably impossible to reach given the coordination challenges it presents).
Last week, @HappyBear_Btc and @pfunzle, along with others, managed to open 6 channels in a single transaction using bos group open feature, which reportedly is the highest simultaneous open so far, [...]
Once everybody has signed, the transaction is broadcast, resulting in multiple channels opening in a single Bitcoin transaction, which is both great for privacy (this is akin to a coinjoin) and an efficient use of blockspace (unlike JPEGs).
One of them, called open-group-channel enables users to open a batch of balanced channels with many peers in a single transaction.
https://github.com/niteshbalusu11/BOS-Commands-Document#open-group-channel
It uses Partially Signed Bitcoin Transactions (PSBT) under the hood, with one user (the initiator) creating the transaction and passing it around for each participating peer to provide their signature.
One of them, called open-group-channel enables users to open a batch of balanced channels with many peers in a single transaction.
https://github.com/niteshbalusu11/BOS-Commands-Document#open-group-channel
Balance of Satoshis is a command line tool, useful to manage one's LND node and access advanced commands.
🧵Daily Thread: 6 channels in one tx
That's sweet, thank you 🧡
Serious question: what would you prefer LN Markets to share here:
- Lightning news?
- Trading news?
- Memes?
- All of the above?
Thank you ✌️