Bitcoin Logoitcoin Dash

The Lightning Network Channel Provider

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bitcoin and a computer chip

What is Lightning?

Bitcoin. Before beginning your journey into using the Bitcoin Lightning Network, we highly recommend you gain a basic understanding of Bitcoin. Our advised book is Bitcoin: An Executive Summary.

Instant Payments. Lightning-fast blockchain payments without worrying about block confirmation times. Security is enforced by blockchain smart-contracts without creating an on-blockchain transaction for individual payments. Payment speed measured in milliseconds to seconds.

Scalability. Capable of millions to billions of transactions per second across the network. Capacity blows away legacy payment rails by many orders of magnitude. Attaching payment per action/click is now possible without custodians.

Low Cost. By transacting and settling off-blockchain, the Lightning Network allows for exceptionally low fees, which allows for emerging use cases such as instant micropayments.


computers and binary globle

Connect a Node

Step 0ne. Log in to your node (typically via SSH, click here for details). Using the nodes home screen, select the option "CONNECT Connect to a Peer."

Step Two. The node will ask you for the details of the node you wish to connect with, we have created a QR code with those details, to make it easy for you.

QR Code to connect to ln.bitcoindashnet

Alternatively, you can search for our node(s) at 1ml.com, enter our name "LN.BITCOINDASH.NET" into the search box, and you will find us.

Step Three. If your terminal screen shows the following;
{

}
That's it, you're connected to the Bitcoin Lightning Network, congratulations.

Pro Tip. It is possible to connect to our node via your nodes terminal screen (The final option on Raspiblitz). Click the "Copy Code" button below and paste it into the node terminal.


lady with purse

Create a Wallet

Step One. Now that you have successfully connected to the Lightning Network, time for the fun part, using it. Open a terminal session, if your node is a Raspiblitz, this is one of the last options on the main menu.

Step Two. Click the "Copy Code" button below and paste the code into your node terminal window.



Step Three. If a channel has been successfully opened you'll see something similar to the code below;
RESULT
{
"Your new Bitcoin Address."
}
Congratulations, you now have a Bitcoin wallet on the Lightning Network.

Step Four. One final step, before you can use Bitcoin on the Lightning Network, you need to purchase some Bitcoin.
We recommend Coinbase, they have never failed to deliver the promised Bitcoin or to convert any profits back into traditional money.

wallet, bitcoin and microsd card on banknotes

Fund a Channel

Step One. Now that you have successfully connected to the Lightning Network, time for the fun part, making money.
Open a terminal session, if your node is a Raspiblitz, this is one of the last options on the main menu.

Step Two. Click the "Copy Code" button below and paste the code into your node terminal window.



Step Three. If a channel has been successfully opened you'll see something similar to the code below;
{
"funding_txid":"The hash, this will look like a random collection of letters, numbers and characters."
}
Congratulations, you now have an open payment channel on the Bitcoin Lightning Network.

stack of coins on banknotes

Make a Payment

Step 0ne. Open a terminal session on your node, if your node is a Raspiblitz, this is one of the last options on the main menu.

Step Two. Click the "Copy Code" button below and paste the code into your node terminal window.



Step Three. Paste the invoice details after the code provided and press the return key (the invoice details will change every time).

Step Four. Your terminal screen shows a brief description of your purchases, similar to the summary you recieve from any online shopping store. You'll be asked to confirm the transaction, type "yes" and press enter.

That's it, you've made a payment on the Bitcoin Lightning Network, congratulations.





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