Like drinking from a fire hose for me. But SO worth it! Excellent information and teaching skills. I have my new BTC and LN nodes going now thanks to your work. Many thanks!
Definitely found this useful, it was hard to find stuff on TH-cam about how to establish Lightning channels. I think this is one of the reasons Lightening hasn't caught on as fast as people would like to see. It is complicated, but it could definitely get there.
Hugely helpful and detailed, thanks. Just got my node up and running, funded with 5M stats and ready to go. Just wasn't sure how. Thanks for the time. Love your work 'eh.
Fantastic video. Really want to get into running a lightning node...but then can't help spending all my spare cash on bitcoin itself 😅 only 2k likes on this vid, crazy low, man we so early!!
What tutorial man! Thank you very much! Of course, it's a lot of things going on and I need to review some times more to figure out better how the things work.
Did you already made a video about the how/why/what concerning the base/rate fees per channel, I think could be very interesting to hear your take on things, trying to figure it out myself, but not easy but we gonna get there!
this is a gem amongst other contents. seriously. keep up with the excellent work buddy! There is a question: Why would I ever want to run my own node or channel, instead of utilizing my CEX accounts or lightning wallets. Operation and fee wise it is far more UX-centric.I sincerely want to understand the value of having node and channel in my daily life. Thank you, peace! 🌩🌩
Umbrel is already upgraded to the latest version of core, with taproot support. If they start rolling out updates that are not to your liking you can remove funds and move to myNode or other options.
Fantastic video for people getting into lightning, always have great and thorough content. I'm slightly curious on whether you saw the TFTC a few days ago where they spoke about lightning briefly and mentioned funding your LN balance/channels with strictly mixed otherwise it has high chances of leading to an identifiable node and wondering your thoughts on that. As always amazing work and keep it up.
Glad it helped! So I had to use some command line code, which someone walked me through. This will be a feature in the future so I didn't include this overly complicated piece.
Thanks for Very useful content, i have a question is that possible for turn a computer to a node? Is that any software node for this or just its use for nodes devices ? Because they haven't any special hardware for that ...
I haven't been able to figure out how to do a private lightning channel. I select private and use the onion address, but still shows public once open. Any videos about this?
In ThunderHub - I am following your steps but I am getting an error. "not enough witness outputs to create funding transactions, need 0.01 BTC only have 0 BTC available". Where do I add BTC to open a channel?
1:11:06 ????? What ? Is it actually possible? So the lightning network transactions will be stored only in the node, lose it then you lose your transactions?
just wondering, how come you have btc in your btc core wallet? would it be better to send it all to your lightning wallet and get more channels running? or do you need to keep btc in your btc core wallet? im new to this and just started to set my node up. thanks
Thanks again for another awesome tutorial! I have been watching this and some of the other tutorials on setting up a Lightning node. Can someone tell me: - how much bandwidth does a node with a lot of connections use? (I share an internet connection with a number of other people and need to know if this would be problematic) - can you give some insight as to how much you could earn from the fees? - what is a realistic minimum amount of Bitcoin that you need to put on to the node to get started? I have less than .5 bitcoin in total. Thanks!
Awesome video Ben! Does anyone know whether you have to let your desktop/laptop run 24/7? If i go on holiday for 3months, can i take my laptop with fullnode/lightning node with me? Or do i need to sync the full bitcoin history transactions each time i shutdown my laptop?
How do I name my Lightning node? if I ford my node ID and just a striga du numbers and letters, if I wanted to give it a name ? thank you very much great toutorial
So much info! Thank you. It’s a lot to digest. Still trying to wrap my head around everything. Is there a way to open a channel with a node that I’ve rented with Sphinx or Breez?
Great video. However when I follow the Loop part of video I get an error of 'insufficient funds' i'm sure I have the funds. I have 10m sats with ACINQ but not able to LOOP??? can anyone help??
I don't understand why one needs to run one's own bitcoin blockchain node in order to use lighting network or set up lightning network node. Did you misspeak in saying this or did I misunderstand or does one really need to set up one's own bitcoin node to use lightning/set up a lightning node and if so, why?
0:21:56 Setting Up A Basic Channel
0:28:25 Push Payment / New Channel
0:33:20 Rookie / Newbie Channel
0:37:50 How-To create a loop
Phew -- Definitely a Master's level course...will take several viewings to grasp it all. Thanks for your hard work building this, Ben...
I’m glad I’m not the only one. 😆
Totally what I was thinking as well. Thank you very much! Greetings!
Start
00:03:22 Prerequisites
00:06:00 Understanding Channels
00:11:42 Interface Overview
00:21:53 Opening Channels
00:28:25 Push Payment / New Channel
00:33:15 Loop service
00:47:16 Sending & Receiving Payments
00:56:56 Digging Deeper: Channel Fees, Settings & Data
01:02:37 Channel Rebalancing
01:06:33 Final Bits: Learning More From your Node's Data
Made some timestamps (not complete yet)
03:23 - Prerequisites
11:45 - Interface Overview.
21:56 - Opening Channels
44:00 - how someone might connect with your LN
57:00 - Digging Deeper: Channel Fees, Settings & Data
There are 1h videos you only watch 5 minutes of. This is a 1h video you'll watch 3hrs of.
Lolllllll I love it
waaow lol good ...and yeah you’re right
If you only watch five minutes of this one, all you see are advertisements.
@@abraxas511try watching more than 5 minutes, should fix your issue
Like drinking from a fire hose for me. But SO worth it! Excellent information and teaching skills. I have my new BTC and LN nodes going now thanks to your work. Many thanks!
Definitely found this useful, it was hard to find stuff on TH-cam about how to establish Lightning channels. I think this is one of the reasons Lightening hasn't caught on as fast as people would like to see. It is complicated, but it could definitely get there.
T•H•A•N•K•S F•O•R •W•A•T•C•H•I•N•G• F•O•R M•O•R•E I•N•F•O A•N•D •G•U•I•D•A•N•C•E T•E•X•T M•E O•N W•H•A•T•S•A•P•P
best channel to learn crypto tech. I'm still waiting for the future videos he mentioned it.
Ben, you're so inspiring and this tutorial is super helpful! You sound like a nice guy.
Crushed it, grab a snack and a drink and get ready to learn.
Great work bro!
I am definitely taking notes and watching this one a couple more times. Thanks for the excellent tutorial!
Bro I love you’re videos and I’ve learnt a lot from you!!! Love from India....
T•H•A•N•K•S F•O•R •W•A•T•C•H•I•N•G• F•O•R M•O•R•E I•N•F•O A•N•D •G•U•I•D•A•N•C•E T•E•X•T M•E O•N W•H•A•T•S•A•P•P
I love how you use an abacus for illustrations. So historically satisfying.
I love how you spell everthing. Its so easy to understand also for en european. Thanks for your videos!
The best video about this subject EVER! Thanks! Soon a Full Node From Brazil trying open channels :)
I usually never comment on youtube videos, but this video is AMAZING! Best LN tutorial I could find on youtube! Thank you so much!!! You are awesome!
Thank you! Really glad it helped 😁
@@BTCSessions Can you make a video on securing an ln node? Something like best security settings? So no one could hack my node :D
Hugely helpful and detailed, thanks. Just got my node up and running, funded with 5M stats and ready to go. Just wasn't sure how. Thanks for the time. Love your work 'eh.
Masterclass - thanks Ben! TX fees are so low so I'm going to jump in and loop out. 👏🏻
This is the best video for learn how to operate in LN node thanks you help me a lot.
Great video. You explained things in a way a novice could understand.
I have watched the whole video 2 times, great one indeed,
Out-freaking-standing Ben! Phenomenal vid as always! Thank You!!
Just stumbled on this guy, definite subscribe!!!! Very knowledgable
Your amazing Bro. Thanks. I’m going watch your videos for a week straight until I get it.
No apologies bro. You did great. Exactly what I needed.
Thanks!
Very well explained sir. Got it in one go ❤
Thank you. Very complete tutorial that gives a very good understanding.
Umbrel does automatic and encrypted channel backups AFAIK. Can also be recovered via the seed.
Thank you for your video, let me build my own lightning network step by step, well done, thanks again
Fantastic video. Really want to get into running a lightning node...but then can't help spending all my spare cash on bitcoin itself 😅 only 2k likes on this vid, crazy low, man we so early!!
Gotta re heat the leftovers, take a seat and really pay attention to this one.
excellent tutorial! Can't wait for the LN Pool one :)
been waiting for this!
T•H•A•N•K•S F•O•R •W•A•T•C•H•I•N•G• F•O•R M•O•R•E I•N•F•O A•N•D •G•U•I•D•A•N•C•E T•E•X•T M•E O•N W•H•A•T•S•A•P•P
What tutorial man! Thank you very much! Of course, it's a lot of things going on and I need to review some times more to figure out better how the things work.
you are lirerally the best! Thank you so much for so much knowledge passed for free! +1 Subscriber
Excellent. Thanks, setting up my LND node right now!
Can someone steal your sats by accessing your local network with umbrel ? Is it just the password of umbrel that protect you ?
Awesome video, the best lightning tutorial on the internet!!!!
You deserve some sats. I have sent today. Good work. Greetings from Portugal
Did you already made a video about the how/why/what concerning the base/rate fees per channel, I think could be very interesting to hear your take on things, trying to figure it out myself, but not easy but we gonna get there!
Thanks for posting, a clear explanation of a complex topic!!
Great Job Ben! Thanks for sharing your time and knowledge. I will be around your channel for a while.
Howmuch bitcoin is required for a bitcoin node and Howmuch lighting for a lighting node minimum
Thanks for doing this, teaching people this and giving them the independence is what BTC is all about! :)
GREAT TUTORIAL! So detailed. Had to watch with my hubs so he could help me keep up, (because I'm a normie) but WOW. So goooood!
this is a gem amongst other contents. seriously. keep up with the excellent work buddy!
There is a question: Why would I ever want to run my own node or channel, instead of utilizing my CEX accounts or lightning wallets. Operation and fee wise it is far more UX-centric.I sincerely want to understand the value of having node and channel in my daily life.
Thank you, peace! 🌩🌩
This video has been very useful. Thank you very much!!
Thanks, very useful tutorial.
Please, enable automatic subtitling and translation!!! Very important information, but if you don't understand English well, then you need subtitles
Thank you for putting this content together, super helpful :)
1:12:06, I must send my thanks to U, Ben Session! Hugs from Brazil!
Can i realy trust Umbrel? How i can know ty will activat Taproot for my Node or future updates/Soft Forks?
Umbrel is already upgraded to the latest version of core, with taproot support. If they start rolling out updates that are not to your liking you can remove funds and move to myNode or other options.
I didn't understand pretty well the balance channels lesson, when do we have to do that?
Fantastic video for people getting into lightning, always have great and thorough content. I'm slightly curious on whether you saw the TFTC a few days ago where they spoke about lightning briefly and mentioned funding your LN balance/channels with strictly mixed otherwise it has high chances of leading to an identifiable node and wondering your thoughts on that. As always amazing work and keep it up.
a question: a channel can stay open forever? tks
Thank you so much! This is a very detailed tutorial and very helpful.
Thanks for this tutorial. So much information and it will certainly become a reference tool for me for a while. Great job. 👏👏
Great job at explaining everything so well! Much Thanks brother!
Very well presented! Thanks.
Is it possible to establish a node with a multi-signature seed vault?
Great explanation and breakdown of Lightning Network!
can you use thunderhub on a different computer that is running your bitcoin core node?
Crazy eyes watching now. Thanks again for great content.
Can't wait to fiddle, have you had any nodes go out? Do you rec having a backup ready to roll?
@@snickerdoodlepop T•H•A•N•K•S F•O•R •W•A•T•C•H•I•N•G• F•O•R M•O•R•E I•N•F•O A•N•D •G•U•I•D•A•N•C•E T•E•X•T M•E O•N W•H•A•T•S•A•P•P
how do i get inbound liquidity i neeed help setting my node connections
Great video Ben! I've been running my Umbrel node for a few weeks and this video was very helpful. BTW, how did you rename your node?
Glad it helped!
So I had to use some command line code, which someone walked me through. This will be a feature in the future so I didn't include this overly complicated piece.
Thanks for Very useful content, i have a question is that possible for turn a computer to a node? Is that any software node for this or just its use for nodes devices ? Because they haven't any special hardware for that ...
does umbrel have a build in browser that you know off?
Amazing tutorial. So helpful man. THANK YOU!
So if connecting to my first node of someone I don't know, should I just do anyone with those guidelines at 18:00?
I haven't been able to figure out how to do a private lightning channel. I select private and use the onion address, but still shows public once open. Any videos about this?
In ThunderHub - I am following your steps but I am getting an error. "not enough witness outputs to create funding transactions, need 0.01 BTC only have 0 BTC available". Where do I add BTC to open a channel?
Excellent Ben, 🔥
01:10:00 Lightning node backup
What is the name again of the service you can pay to open a channel to yourself?
Bang I don´t know if I'm Late but this Guy help me a Lot. Im from Colombia a my next project is Deploy aumbrel LN
How did you change your node name on 1ML?
sir how fix unexpected error adding peer in thunder hub??
1:11:06 ????? What ? Is it actually possible? So the lightning network transactions will be stored only in the node, lose it then you lose your transactions?
A quick question! What is 'Not Available' sat balance? It keeps increasing as I open new channels, but I have no idea what it means.
Is this a viable option for a tech inept maxi like me?
How much sats can you earn running a node ? Proportionnally
just wondering, how come you have btc in your btc core wallet? would it be better to send it all to your lightning wallet and get more channels running? or do you need to keep btc in your btc core wallet? im new to this and just started to set my node up. thanks
Thanks again for another awesome tutorial!
I have been watching this and some of the other tutorials on setting up a Lightning node. Can someone tell me:
- how much bandwidth does a node with a lot of connections use? (I share an internet connection with a number of other people and need to know if this would be problematic)
- can you give some insight as to how much you could earn from the fees?
- what is a realistic minimum amount of Bitcoin that you need to put on to the node to get started? I have less than .5 bitcoin in total.
Thanks!
Excellent explanation! Thanks a lot!
Do you know of any company developing mobile communication devices that run on the Lighting Network?
Excellent video. Great info
Awesome video Ben! Does anyone know whether you have to let your desktop/laptop run 24/7? If i go on holiday for 3months, can i take my laptop with fullnode/lightning node with me? Or do i need to sync the full bitcoin history transactions each time i shutdown my laptop?
Your Umbrel node won't require your laptop to be on, as it is a separate machine and can run on its own 24/7 😁
How do I name my Lightning node? if I ford my node ID and just a striga du numbers and letters, if I wanted to give it a name ? thank you very much great toutorial
Nicely done, focused and comprehensive great episode
You are awesome! Thanks for doing this.
Amazing Work - Thank You Ben!
So do you make any money doing this or is it just for fun?
Ben im having the hardest time getting the loop out to actually move my funds. keeps saying off chain failure. Any suggestions?
Whoop whoop , iv been waiting for this ⚡️⚡️⚡️⚡️⚡️⚡️
This is absolutely incredible.
So much info! Thank you. It’s a lot to digest. Still trying to wrap my head around everything. Is there a way to open a channel with a node that I’ve rented with Sphinx or Breez?
You can actually connect Blue Wallet to your lightning node in a trustless way! Doing a tutorial on this next week.
Thanks, very useful and thank to build this excelent and complete tutorial.
Great video. However when I follow the Loop part of video I get an error of 'insufficient funds' i'm sure I have the funds. I have 10m sats with ACINQ but not able to LOOP??? can anyone help??
I don't understand why one needs to run one's own bitcoin blockchain node in order to use lighting network or set up lightning network node. Did you misspeak in saying this or did I misunderstand or does one really need to set up one's own bitcoin node to use lightning/set up a lightning node and if so, why?