Setting up a Bitcoin lightning test environment: An IITPSA Bitcoin and Cryptocurrency SIG event [IuvxjE9M6a]

2025-01-02T09:27:40+0100

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The lightning network allows users to route payments to each other for low cost and in real-time. It only needs the bitcoin blockchain for final settlement and this is what makes it fast and inexpensive. This webinar discusses a practical and easy way to setup a test bitcoin lightning network on an Amazon cloud server providing a safe way to test how lightning network payments work. The presentation focuses on using docker containers which will have the lightning network software already prepared for use. The content includes a powerpoint presentation and a live demonstration of the steps required to send a payment from one node to another. Presenter: John Singh, Senior Systems Analyst at the Spar Group LTD, non-executive director of the IITPSA and Chairperson of IITPSA Blockchain and Cryptocurrency SIG.