How can I run my own Lightning node?

A Lightning Node is a software that participates in the Lightning Network, a layer on top of a cryptocurrency blockchain (like Bitcoin). It facilitates fast, low-cost, off-chain transactions.

Benefits

  • ๐Ÿ“ก Full Control You gain complete control over your transactions and funds, without any counter party risk.

  • ๐Ÿ”’ Enhanced Privacy Running your own node increases the privacy of your transactions, as it eliminates reliance on third-party services.

  • ๐Ÿ’ธ Lower Fees Enjoy reduced transaction fees, ideal for frequent, small transactions.

A constant internet connection, sufficient storage for the blockchain and a computer that can run 24/7 is required to run a full node. Setting up a node requires some technical know-how, especially in maintaining and managing channels. However, with evolving user-friendly interfaces, it's becoming more accessible.

Node software

There are various ways to setup your own node, here are some beginner-friendly options:

After you have finished the setup you can connect the node to the Alby Browser Extension. (guide)

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