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Lightning Node Tutorial - Opening your first Channels

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Lightning Node Tutorials
Video #2

The 1st video in this series is a must watch, so please make sure you check that out. Bitcoin Summer’s Umbrel Node setup and troubleshooting video can be found here: https://youtu.be/x2J1biBUhfk

This video is a how-to guide on opening up your first lightning node channels, as well as troubleshooting problems that I came across on my journey. Participate in your own soverienty, verify, and route your own transactions across the lightning network, a layer two payment solution built on top of Bitcoin core. I cover:

-Basic channel opening with a reciprocal partner. I used mainnet.lightningconductor.net for this example

-Bumping fees to free up stuck transactions. Determining the “Index for Change Output” value

-How to start with balanced channels

-Channel opening with Loop Out on the Lightning Terminal app

-Channel opening with a Lightning Swap. On this video, I cover Lightningnetwork.plus

-Tips, advice, and time saving techniques


I’ve been filming the following subjects for the last month or two so these upcoming Lightning Tutorials should be out soon:

-Setting up your podcast for Podcasting 2.0 lighting payments for apps like Sphinx Chat and Breez

-Channel statistics breakdown on Thunderhub

-Channel fees management

-links covered in video:
https://1ml.com
https://mainnet.lightningconductor.net
https://explorer.ASINQ.co
https://lightningnetwork.plus

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