@ -144,3 +144,28 @@ Here are some current examples of LN node and wallet applications for different
Alice is a long time Bitcoin user. We first met Alice in Chapter 1 of _"Mastering Bitcoin"_ footnote:["Mastering Bitcoin 2nd Edition, Chapter 1" Andreas M. Antonopoulos (https://github.com/bitcoinbook/bitcoinbook/blob/develop/ch01.asciidoc).], when she bought a cup of coffee from Bob's cafe, using a bitcoin transaction. Now, Alice is eager to learn about and experiment with the Lightning Network. First, she has to select an LN wallet that meets her needs.
Alice does not want to entrust custody of her bitcoin to third parties. She has learned enough about cryptocurrency to know how to use a wallet. She also wants a mobile wallet so that she can use it for small payments on-the-go, so she chooses the _Eclair_ wallet, a popular non-custodial mobile LN wallet.
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* We start with a mobile wallet like eclair
* Verify the authenticity of the software (e.g. App store / Acinq website / github)
** discuss that a general phising scheme might consist of tricking you to download a similar looking software
[[getting_first_bitcoin]]
==== Getting Your First bitcoin on the Lightning Network
* Trade fiat for bitcoin (as in Mastering Bitcoin)
[[using_own_bitcoin]]
==== Process for people who already own bitcoin ====
* send bitcoin to lightning wallet (1 onchain transaction - soon nodes / wallets may support funding a channel directly without sending bitcoin to the lightning network wallet first)
* find a node to open a channel with (Node explorer / Autopilots / ...)
* open a connection
* open a channel
* wait confirmations for the channel to become operational
* full nodes (c-lightning, eclair, lnd) + remote controls
* phone / desktop wallets (SPV clients)
* custodial services / wallets?
// Mastering bitcoin also had a section about custodial web wallets. So it might be fair to include them.
==== Quick Start
* We start with a mobile wallet like eclair
* Verify the authenticity of the software (e.g. App store / Acinq website / github)
** discuss that a general phising scheme might consist of tricking you to download a similar looking software
[[getting_first_bitcoin]]
==== Getting Your First bitcoin on the Lightning Network
* Trade fiat for bitcoin (as in Mastering Bitcoin)
[[using_own_bitcoin]]
==== Process for people who already own bitcoin ====
* send bitcoin to lightning wallet (1 on-chain transaction - soon nodes / wallets may support funding a channel directly without sending bitcoin to the lightning network wallet first)
* find a node to open a channel with (Node explorer / Autopilots / ...)
* open a connection
* open a channel
* wait confirmations for the channel to become operational
[[sending_receiving]]
==== Sending and Receiving Bitcoin on the Lightning Network
* have the person who helps onbording open a payment channel (As complex as a bitcoin transaction)
Andreas M. Antonopoulos
4 years ago