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The 'reference' implementation of the protocol, https://github.com/lightningnetwork/lnd https://github.com/lightningnetwork/lnd is still in beta, with warnings

The 'reference' implementation of the protocol, https://github.com/lightningnetwork/lnd https://github.com/lightningnetwork/lnd is still in beta, with warnings about how users could lose all their money. AFAIK, there's no stable/reliable software out there. And don't forget, ordinary users need to monitor the blockchain 24/7 in order not to lose their money by a counterparty closing their channel fraudulently. It's far from ready for use.

shp0ngle 4y ago
> As of this writing, lnd is still in beta and it is considered #reckless to put any life altering amounts of BTC into the network. Well I will take them by their word.
exabyte 4y ago
We use it at a cafe and receive several orders a day with people paying by lightning
- acdha 4y ago
  Do you have a feel for whether those orders are cryptocurrency workers or normal people who happen to prefer it to a credit card?
  - exabyte 4y ago
    well I'm living in Guatemala at Lake Atitlan. We have quite a movement of crypto enthusiasm so the people that are using it are "normal" people who are part of that crypto group. We also have a Lamassu "cryptomat" for people to exchange the local currency to Bitcoin and the crypto group has been advocating people to use Muun wallet, which is easy for the average person to kind of have on-chain and lightning capability.
lawn 4y ago
To get a pleasant experience today you also need to rely on third-parties to manage your channel, the very thing Bitcoin was set out to avoid.
- once_inc 4y ago
  Define pleasant. There a quite a few people happily using umbrel or similar products that allow you on the LN with minimal hassle.
  - lawn 4y ago
    Install app on phone, ready to receive and then send to anyone. Umbrel and similar aren't even the same playing field here. Even if we disregard the tedious setup, you'll still have to manually open, close and refill channels. It's disingenuous to suggest LN is even close to convenient without third-party reliance.

shp0ngle 4y ago

> As of this writing, lnd is still in beta and it is considered #reckless to put any life altering amounts of BTC into the network. Well I will take them by their word.

exabyte 4y ago

We use it at a cafe and receive several orders a day with people paying by lightning

acdha 4y ago
Do you have a feel for whether those orders are cryptocurrency workers or normal people who happen to prefer it to a credit card?
- exabyte 4y ago
  well I'm living in Guatemala at Lake Atitlan. We have quite a movement of crypto enthusiasm so the people that are using it are "normal" people who are part of that crypto group. We also have a Lamassu "cryptomat" for people to exchange the local currency to Bitcoin and the crypto group has been advocating people to use Muun wallet, which is easy for the average person to kind of have on-chain and lightning capability.

lawn 4y ago

To get a pleasant experience today you also need to rely on third-parties to manage your channel, the very thing Bitcoin was set out to avoid.

once_inc 4y ago
Define pleasant. There a quite a few people happily using umbrel or similar products that allow you on the LN with minimal hassle.
- lawn 4y ago
  Install app on phone, ready to receive and then send to anyone. Umbrel and similar aren't even the same playing field here. Even if we disregard the tedious setup, you'll still have to manually open, close and refill channels. It's disingenuous to suggest LN is even close to convenient without third-party reliance.