Saturday, 19 June 2021

Stop overpaying fees, check the mempool before.

Stop overpaying fees, check the mempool before. submitted by /u/ayanamirs
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Processing Transactions on a Lighting Node

I’ve been reading up on running a full lightning node and am becoming ever-more interested in setting one up myself.

One thing that sounds very interesting, though I can’t find much information about online, is processing transactions through lightning channels. For clarity, I'm not looking to be profitable or make money on fees; I just want to do a small part in helping the global financial ecosystem.

I have the following questions here that I’m hoping the community can help out with:

  1. Can any lightning node set-up process transactions, or do I need a certain level of GB for the raspberry pi, Micro SD Card, SSD Card, etc. to have a better/realistic chance of processing transactions?
  2. Does my lightning node need to be funded with BTC before it can process transactions? If so, do I need a certain amount of BTC on my node to have a real chance of actually processing transactions? Also, is there some sort of mathematical relationship between these two things (ex: if I have $1,000 BTC on my node, I can process up to $10,000 in transactions, but if I have $10,000 BTC on my node, I can process up to $100,000)?
  3. Does anyone have recommendations (articles, videos, etc.?) for where to learn more about processing transactions on a lightning node?
submitted by /u/beige_coffee
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Miami Mayor Wants To Entice Chinese Bitcoin Miners To Set Up Shop In Florida

Miami Mayor Wants To Entice Chinese Bitcoin Miners To Set Up Shop In Florida submitted by /u/Bitcoin_Magazine
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Undoubtedly, using Bitcoin Cash is one of the simplest and most practical things that exist ¿You already have your wallet?

Undoubtedly, using Bitcoin Cash is one of the simplest and most practical things that exist ¿You already have your wallet? submitted by /u/TaliaGuerrero
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source https://www.reddit.com/r/btc/comments/o2yb98/undoubtedly_using_bitcoin_cash_is_one_of_the/

If anyone is interested in 3D printing & miniatures...

If anyone is interested in 3D printing & miniatures... submitted by /u/kamchii
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source https://www.reddit.com/r/btc/comments/o2xzbn/if_anyone_is_interested_in_3d_printing_miniatures/

El Salvador - The Whole Story with Jack Mallers — What Bitcoin Did

El Salvador - The Whole Story with Jack Mallers — What Bitcoin Did submitted by /u/mccormack555
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Blockchain Transaction Visualizer

Blockchain Transaction Visualizer submitted by /u/DaisyLee2010
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source https://www.reddit.com/r/btc/comments/o2w1x0/blockchain_transaction_visualizer/