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
๐ก Full Control You gain complete control over your transactions and funds, without any counter party risk.
๐ Enhanced Privacy Running your own node increases the privacy of your transactions, as it eliminates reliance on third-party services.
๐ธ 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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