Category: Uncategorized

  • How to Backup Your Lightning Node

    Backups for lightning nodes are complicated… FIRST THINGS FIRST! Do NOT try to “restore” your node using an old backup copy of your channels.db or wallet.db — unless you know what you’re doing. WHY YOU SHOULD NEVER RESTORE AN OLD CHANNELS.DB The channels.db tracks the payments and routes you make on your channels. The channels.db…

  • Where Should I Host My Lightning Node?

    A lightning node is just a server. The keys to your node’s liquidity are stored on that server by default. 0/5: hosted with a datacenter company that you’ve never heard of or has no reputation yet (someone likely has access to your keys) 1/5: hosted with a datacenter company like AWS with a lot of…

  • 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…