Author: The Count

  • An Analysis of Privacy in the Lightning Network

    Lightning generally has very good privacy for senders. Someone would have to actively control multiple nodes along a route and surveil their traffic to correlate payment hashes and attempt to doxx payment flows. Even then, it’s difficult to prove where the payment originated. However, your lightning service provider knows a lot about the payments you […]

  • Add a Disk to LVM Volume Group and Create Storage Volume in Proxmox

    To create an LVM (Logical Volume Manager) volume in Linux, you can follow these steps: Note: Replace “sdX” with the appropriate drive identifier for your disk, such as “sda” or “sdb”. Note: You can press “d” to delete any existing partitions beforehand Note: Replace “sdXN” with the appropriate partition identifier for the new partition, such […]

  • How to Migrate an Umbrel LND Node without Closing Channels

    If you already have a Bitcoin node with a lot of Lightning Network channels, it can be expensive to close and reopen them, especially when you consider the cost of rebalancing to restore the channel’s balance from your old node. When migrating a Lightning node to different hardware, there are risks to consider, primarily ensuring […]

  • How to replace your own bitcoin transaction and send to a different address

    If you recently broadcasted a Bitcoin transaction and it is still unconfirmed, it is possible to replace it by broadcasting a second transaction that spends the same inputs at a higher fee. The bumpfee command is used to increase the fee of an existing transaction. However, it is possible to use the bumpfee command to […]

  • Finite Fields

    Finite fields are the mathematical concept underlying elliptic curves which are used heavily in cryptography. A finite field is a finite set of numbers and operations that satisfy 5 properties. Let us define a finite field of order p as follows: The set must meet these properties to be considered a finite field. Closed Property […]

  • The Best Bitcoin Songs

    Bitcoin – Captain Youth Bitcoin – Soulja Boy Bitcoin Beezy Bitcoin All the Way Up Welcome to the Blockchain Love You Like a Bitcoin 10’000 Bitcoins – Laura Saggers – Original Music Video Ode to Satoshi Not This Time (The Bitcoin Obituaries Song) Zhou Tonged – Holding (Billy Joel – The Longest Time) Bitcoin Girl […]

  • How I set up my fees on

    The following article was published behind a paywall on Please support the author by buying access to the post. The author is Carston Otto. Information wants to be free. Paywalls set the price for liberation. I run the node (Amboss), which currently provides more than 19 BTC in 238 channels. My node forwards several thousand […]

  • What are the incentives around on-chain fees in the Lightning Network?

    The lightning network is a layer 2 scaling solution for Bitcoin. As such, the infrastructure of the network is grounded in layer 1 where fees are critical to assuring transaction settlement. In this article we will explore the incentives around on-chain fees in Bitcoin’s Lightning Network. Fees Encourage Use and Growth The lightning network was […]

  • What is the difference between MPP and AMP payment splitting?

    Routing and pathfinding on the Lightning Network is a rapidly evolving area of research. The topology of the network allows for payments to be sent peer-to-peer over connected channels where liquidity can flow. In this article, we’ll cover the differences between Multi-part Payments (MPP) and Atomic Multi-part Payments (AMP). To understand the differences, let’s first […]

  • How to add Redundancy to your Lightning Node

    In this guide you will learn how to add redundancy to your lightning network node. Since we’re just talking about hardware, many of these principals also apply to the fields of server administration and IT generally. Redundancy is not the same as backups. Backups, redundancy and watchtowers, as well as good security and privacy practice […]