Severin Alex Bühler 🇨🇭
@SeverinAlexB
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Tech entrepreneur, ₿ cartographer, Sun fetishist ☀️, Former nomad, Creator @lnrouter , Engineer @Synonym_to
Switzerland
Joined January 2011
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I stayed in the mountains for a week. Poor cow hurt its leg. Swiss ambulance to the rescue 💪.
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Half the internet is down
Including Shopify, Snapchat, Youtube, Google Drive
All are hosted on the Google Cloud
Now you see who owns the internet
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Today, I encountered my first online shop that accepts Bitcoin over the
#LightningNetwork
organically. 10% discount vs a 7% fee. Legit 👌
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Do you know why Lightning adoption is slow? Stand next to a merchant accepting Lightning at a conference and see how every 10th payment fails and every 5th is slow. STILL in 2023.
Can you imagine how frustrating this is as a merchant?
Can you imagine they don’t bother anymore?
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So many new technologies are on the horizon. It feels like Lightning 2.0 is coming.
- PTLC
- Upfront fees
- Reputation metrics
- Bolt12
- Async payments for mobile
- Peerswap
- Onion messages
- Channel factories
- Watchtower-free channels?
I am exited!
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Today, I am happy to release
🚀⚡️🚀 LnRouter Lookups 🚀⚡️🚀
- Get fresh and deep insights about nodes.
- Vet nodes before opening a channel to them.
- Save on-chain fees and days waiting on payments to validate a good peer.
Check it out 👉
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I wrote an extensive blog post about
- Lightning Network payment speed
- Average network numbers
- The routing score
- How to improve your services payment speed
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Watchtowers are a way to keep your funds safe in case your node is down.
Here is a short thread on how to add one on LND. 1/n
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Improved LnRouter graph
- Find node ability 🕵️
- And mobile zoom buttons 🔎
Also, added the contact page with the telegram group 📱
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Lightning scaling is a issue. Giving a billion users a full channel is not possible. Luckily, active research is being done.
New: "Scaling Lightning with Simple Convenants". How to give a channel to millions of users with a SINGLE UTXO.
I like! Feels similar to Arc?
Link 👇
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Wealth is having assets that earn while you sleep.
A 10'000$/month job keeps you comfortable in a hamster wheel. You will not escape your slavery.
Only own assets will help you.
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0conf transactions are a gentlemen’s agreement between users incl. miners.
It’s not trustless, it’s not riskless but it solves a major UX issue within Bitcoin.
Enabled fullRBF destroys this for the sake of technical correctness. This is a mistake.
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If you run your Lightning Node on Virtual Private Server (VPS aka. VM) your Cloud Provider has access to your private keys.
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I measured response times to different nodes to get a clue how fast they are able to route a payments.
Slow nodes increase the payment duration heavily. TOR clearly visible.
(Server in Germany. Avg network latencies: Tokio: 0.25s, Berlin 0.03s, Austin 0.15s, Melbourne 0.25s)
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The real reason why some asian countries are successful in fighting the virus
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I want to get more
#LightningNetwork
devs/node operators in my Twitter feed.
What are high quality accounts to follow?
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I will be releasing something big soon. Have been working on it since several months now.
#LnRouterLookups
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@CamielKooij
You would get to fly down within the helicopter cabin and receive a decent bill $$$ some days later.
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12 startups in 12 months
The idea is that you test one business idea every month and shut it down if it doesn't work.
Because it's hard to know if your idea is valid beforehand.
2 out of 10 will fly.
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After an extensive beta, I am happy to publish the new
⚡️Terminal Score Debugger⚡️
Get insights about your Terminal score ranking and get tips on how to improve it. Check it out 👉
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Using Lightning correctly. And yes, each line is a channel.
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Polar is probably the most used Lightning Developer tool out there. Kudos to
@jamaljsr
for developing it 👏
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If you are wondering why you aren't included in the Terminal score:
These are the minimal criteria for
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@bbelev
So many issues with this article. Comparing ETH with BTC like a single coin is worth the same? 😅
Some more stuff in there that confuses me.
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LND ⚡ Routing and mjolnir are both down (2m, 11d). They still have a ₿1 channel open (706837x986x3). Highly likely, these funds are lost ☠️
👉 Close channels with peers that are offline for too long. Otherwise, if you have a fatal node crash nobody can recover the funds.
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@stephanlivera
@PhoenixWallet
I asked 5 merchants how the failure rates are and the experience in general (explicitly excluding these cards). That was their feedback. I personally had 1 failed payment with Phoenix. I watched people pay for 20min and there were some failures popping up. Did some had internet
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Communism is 100% taxation.
Germany is at 50%.
Switzerland at 20%.
███████▒▒▒ In Progress
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Steady my friends. Lightning works. Keep going what you're doing and Bitcoin will win.
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I was talking with my dad recently. He, my uncle and my grand father all started businesses by themselves.
All started around 27.
I am going to start mine at 27.
Coincidence?
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66% of the Lightning Nodes are not using a watchtower.
Feels like most people don't know about Watchtowers or are not able to use them due to a lack of cmd line knowledge.
Maybe
@LNJunkies
could spend 30min of their podcast to educate people 😊
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I am proud to finally release LnRouter v2. It took way longer than expected. I hope you appreciate my work!
LnRouter long awaited upgrade is finally here!
👉
Featuring
⏲️ HTLC Response Times
🚄 Instant Results
💯 Routing Score
💫 Subscriptions
🔋 Liquidity Ads
🔥 24h Trial Period
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Be aware: The Lightning gossip is rate limited. Changing fees or going offline too many times a day, will make your channels unusable for a period of time.
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Major graph update 🗺️
- 8 new filters
- Complete UI overhaul, fullscreen
- Tons of mobile📱and performance🚴♀️optimisations
- Embed the graph on your website
Check it out 👉
#LightningNetwork
#LnRouter
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See ya soon
Lightning Engineer
@SeverinAlexB
officially joins Plan ₿ Forum 2023 as a speaker!
Don’t miss the event of the year - Lugano, October 20-21! 🇨🇭
Get your ticket now! 👉
#LuganoPlanB
#bitcoin
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If you are looking for an experienced Lightning consultant that helps you to setup/run nodes reliably then reach out to severin
@feoh
.io.
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Checkout my recent talk on the LSP spec at the Riga HoneyBatcher.
Added to CLN/LND, the spec enables automatic channel management so beginner plebs are able to run their own nodes with reliable payments with ease.
Check out
@SeverinAlexB
explaining how the Lightning Service Provider specs improve optionality and privacy for people using wallets like Bitkit:
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And... SaaStarter is on live on
@ProductHunt
🥳
Super excited to finally get SaaStarter out, after months of building it in public.
It'd mean the world yo me if you could share it with your friends🤗
Here is a link to the post👇
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New LnRouter graph
#zeroBaseFee
🚀
I am happy to have collaborated with
@renepickhardt
and developed a graph that displays the progress of zeroBaseFee.
Rene has done amazing work for the
#LightningNetwork
⚡️ and I am happy to support it.
👉
A live visualization of the subnetwork of all channels that signal
#zeroBaseFee
created by
@SeverinAlexB
at
⚡️⚡️ ⚡️⚡️
Currently 19% of all channels & ~14% of Network capacity is ready for
#zeroBaseFee
!
consider tipping him at:
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Professional graphics are a simple and cheap way to enhance your site immediately.
Go on fiverr or any other freelancer market and get some.
You get professional graphics for 10$ within 2 days.
Your bank account will thank me later.
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I am going to publish a big thing soon if you want to have fast payments 👀
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COMPACT YOUR channel.db. A BLOATY DB MAKES YOUR NODE SLOW! VERY SLOW!
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Lean startup, lean management, lean analytics
If you want to start a new business LEAN is the keyword to success
THREAD
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Having compared IP address ranges of cloud providers and residential addresses, 49% off all clearnet Lightning nodes are self-hosted. 51% are in the cloud.
TOR has a different distribution (more self-hosted from experience).
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Got inspired to build in public👨👩👧👦.
The goal is to help
@IndieHackers
to focus on building a business faster🚆 and to learn design🎨.
I will create a NextJs/Firebase template that handles all the boring flows like Login/Forget password/Signup so you don't have to.
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Highly requested fee distribution of more than 400 nodes in the Lightning Network. Data based on balanced channels with >2.5M sat capacity only.
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Found in code:
@Core_LN
has a limit of 4096 open files. Means the numbers of channels a cln node can run is around ~4000. Not an issue as they can change it quickly, but good to know.
Curious who will hit this limit first.
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Enjoying the shit-show of a market today is really easy if you are not leveraged and just HODL save assets
#Bitcoin
.
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I just pushed ln-verifymessagejs, a js only library to verify signed message in the lightning network. ⚡️
#LightningNetwork
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A client of mine experienced an almost fatal Lightning node incident. Just a reminder that we are still working with beta software here.
#LightningNetwork
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Upgrade your nodes guys!
Bitcoin Node Taproot Support: 50.04%
🟧🟧🟧🟧🟧🟧🟧🟧🟧🟧
🟧🟧🟧🟧🟧🟧🟧🟧🟧🟧
🟧🟧🟧🟧🟧🟧🟧🟧🟧🟧
🟧🟧🟧🟧🟧🟧🟧🟧🟧🟧
🟧🟧🟧🟧🟧🟧🟧🟧🟧🟧
Node count:
Taproot: 30390
Non-enforcing: 29642
Light: 39
Unknown: 660
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@the_Patricia21
@CamielKooij
And what you probably don't know: This cow was also REGA insured. Same system.
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Lightning with the current Bitcoin blockchain is not able to onboard the whole world. Most serious LN devs know that. It's not a secret.
We got plenty of time though to think about scaling solutions. Onchain discussions are important. I am watching
@SomsenRuben
@tdryja
+ others.
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Lightning Channels are going to be very expensive in the bull market :\
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The new Mempool Lightning Explorer is slowly getting there 👍
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@tinyklaus
This is not news. The lead has been determined already 6 days ago. See this tweet:
Next week, as the ranking Democrat on the National Security subcommittee of
@OversightDems
, I’ll be leading a public hearing on Unidentified Aerial Phenomena, more commonly knows as UFOs. This is a serious topic which requires careful investigation and transparency.
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He is a scammer.
You can invest 49 dollars into crypto and catch a pump that will return thousands
Here:
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Voltage is a Google company?
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@callebtc
It's a problem. I was thinking about a subscription model for ln wallets. You pay $10/year and you get a wallet with $500 space (aka channel). If you want more ($1000?), you need to upgrade to the $20/year subscription.
Everybody understands subscriptions. Everybody understands
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I learned Rust for 2 weeks and I am actively using it since 3 weeks.
It's a great language but I am still slow getting things done. It requires you to fundamentally change how you program. Let's see how fast I'll be in a month.
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New Core-Lightning 20.05 just dropped!
Highlight: Force-closes are getting cheaper!
Not trying to advertise
@Core_LN
here but I heard some routing nodes had some issues with force closes recently 🤭
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New graph is uppp✌️
Betweenness centrality graph tries to estimate the
#LightningNetwork
payment traffic. It highlights important nodes and channels.
Checkout your node here 👉
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That's it. You just made your node safer and it only took minutes. Thanks for listening and shoutout to
@openoms
free watchtower list.
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So many new Lightning ideas are forming currently. Bitcoin might be down but there is so much going on behind the scenes. I am impressed.
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Happy to contribute for a much needed LND feature. This is an investment to an even more decentralised future!
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Due to popular demand, I uploaded the code for the donation component of on Github.
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#Nostr
currently has 4693 users.
I analyzed the nostr follower graph and counted all users with at least 1 follower. 📈
Be aware: The count is not perfect but a rough number. The network is decentralized.
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Last weekend, I built a donation box with
@LNPAYco
within 5 hours from scratch. Everything frontend only. 💳
Payment integration was never so easy⚡️
#LightningNetwork
#LnRouter
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This is what happens when you adjust all channel fees at the same time. Your node is basically down for ~1 hour.
WIRE_FEE_INSUFFICIENT
And for a first time LnRouter Lookups user, this was a not so great onboarding experience 😅
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I am getting more and more confident in the LnRouter Lookups v2
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There is something about coding, design/crafts that makes it a superior job than marketing/administration.
Coding is an art that’s never complete. It can give you a purpose in life. It keeps giving. Administration is a job. It’s done after office hours. No room for exploration.
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I recently had the pleasure to talk to
@StefCTW
and
@edazcona
about payment speed, liquidity ads and my lightning journey.
#Connect_The_World
is my favorite Lightning podcast and a hidden gem.
(Ps: Like and Retweet Jonīs tweet and you might be lucky to win a
@lnrouter
plan) ;)
@SeverinAlexB
from
@lnrouter
is on the show to talk about useful data to become a better noderunner.
Win a 3 months subscription of
#LnRouter
!
📺
📻
🎥
#Connect_The_World
#Bitcoin
#LN
世界をつなぐ
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Ok, Ledger leaking your seed from the secure element was not on my 2023 list. That's bad in every way you turn it.
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Lightning Network short channel id (CLN) to decimal id (LND) converter
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For the first time today, I saw an anonymous TOR node (no public channels) open a ₿0.5 private channel to a bigger node to instantly send all the funds out. UTXO washing?
They didn't close the channels though
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1. Add these two lines to your lnd.conf:
[wtclient]
=true
2. Restart lnd
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@LightRider5
@PhoenixWallet
@acinq_co
@PoweredbyIBEX
These were anxiety inducing seconds between payment sent on Phoenix and confirmed on the hotel app.
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As soon as Bitcoin rises above 10'000$ (psychological mark) and even 20'000$ (new all time high),
people will go crazy and boost Bitcoin even more due to news coverage.
We are currently at 9800$
Are you ready?
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This is awesome. I am living in Bulgaria since 3 years and Bitcoin adoption is increasing year by year.
May this be the signal for much success for the club of my favourite Bulgarian city!
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