Lightning 201: Failover Node Demonstration

In our previous Lightning 201 posts we have explored a variety of considerations and challenges that need to be addressed to be able to properly failover over a Lightning node.  Safely Access Remote Lightning Databases Failover Strategies For Lightning Nodes …

Read More

Advancing Bitcoin 2020 Review

Recently team members Chris Stewart and Nadav Kohen traveled to Advancing Bitcoin. This conference is designed to showcase technical innovations in the bitcoin/lightning space. We are going to highlight a few things we and other attendees talked about. Enterprise Lightning …

Read More

Lightning 201: Failover Strategies For Lightning Nodes

High-Frequency Trading Safely Access Remote Lightning Databases Lightning Latency Lightning Network adoption continues to proliferate in 2019. Last week Bitfinex was the first major exchange to adopt Lightning as a way to transfer BTC. Now you can deposit and withdraw …

Read More

Lightning Conference 2019

This past weekend (Oct 19 and 20) the Suredbits team attended the first ever Lightning Conference in Berlin. The full lineup included speakers from startups, venture funds, independent developers, Bitcoin maximalist and everything in between. Complimenting the main conference were …

Read More
Lightning Data

Payment Points – Part 4: Selling Signatures

In our recent posts, we discussed all the benefits and features enabled by Payment Points on the Lightning Network. We explored how they can protect us from wormhole attacks and payment correlation, how they enable “stuckless” payments, and how they …

Read More
Lightning Data

Payment Points Part 3: Escrow Contracts

In our previous post, we discussed a Lightning Network feature referred to as “Stuckless Payments” that requires Payment Points. Stuckless Payments allow users to attempt multiple payments concurrently. For an in depth description of Payment Points themselves and the problems …

Read More
Lightning Data

Payment Points – Part 2: “Stuckless” Payments

In our previous post, we discussed how using pre-images and payment hashes to make lightning payments atomic results in the possibility of payment correlation and vulnerability to wormhole attacks. We also discussed how replacing pre-images and payment hashes with scalars …

Read More
Lightning Data

Payment Points Part 1: Replacing HTLCs

Payment Points Series: Payment Points Part 2: “Stuckless” Payments Payment Points Part 3: Escrow Contracts Payment Points Part 4: Selling Signatures In Lightning v1.0, routed payments are enabled by Hashed Timelock Contracts (HTLCs). These are contracts for conditional payment that …

Read More
PAID API

PAID APIs

At Suredbits, we use the Lightning Network to create monetized data services. We currently have Lightning APIs selling NFL and NBA stats as well as cryptocurrency market data. In the future, we think that Lightning will be used to monetize …

Read More

Zero Amount Invoices

Zero amount invoices have been around since the inception of invoices on the lightning network and are widely used for tips, among other things. At Suredbits, we use them as part of our refund mechanism. It turns out, however, that …

Read More