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Title: Voltage Offers Easy Inbound Liquidity For Lightning – Bitcoin Magazine
Originally reported on bitcoinmagazine.com by Shawn Amick
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Voltage Offers Easy Inbound Liquidity For Lightning – Bitcoin Magazine
- Voltage now offers its users inbound liquidity for Lightning nodes with one click.
- Voltage will supply 500,000 sats from its main node.
- The company hopes to expand this offering beyond just Voltage customers.
Voltage, a bitcoin infrastructure provider, has released a new and effortless way to find inbound liquidity in order to create a Lightning node, per a blog post from the company.
In just one click, Voltage users can gain 500,000 sats of inbound liquidity, courtesy of the main Voltage node. Voltage intends for this service to quickly help onboard as many merchants, businesses and node runners as possible onto the Lightning Network.
For users looking to utilize this feature, the following widget will be available at the top of Voltage’s dashboard once a node has been onboarded.
Simply click on the “Request Channel” and the process is basically done. Voltage will then open a channel with the providing inbound liquidity and will also provide transactional details for users to verify the channel opening. Once the transaction is confirmed three times, the process is certifiably complete. After completion, the above widget will disappear from the dashboard screen.
Furthermore, the Lightning provider noted that while this service is currently only available to Voltage customers, the company looks to expand liquidity services to the broader network.
What Is Inbound Liquidity?
The Lightning Network provides scalability to Bitcoin by allowing two or more participating parties to create a channel together, thereby allowing the seamless transfer of satoshis between one another. This is achieved through liquidity which is provided by participating parties which can then be transferred back and forth between the parties, ad infinitum.
However, this brings forth the issue of providing that initial liquidity which allows the parties to trade back and forth. Essentially, inbound liquidity is just funds that can be received from another participating node.
‘News of the Day’ content, as reported by public domain newswires.
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