LN Node
Last updated
Last updated
LN Node is an innovative service designed to simplify the setup and management of a Lightning node, requiring zero technical proficiency from users. This empowers individuals to assert sovereignty over their assets and digital identity within the Lightning Network, fostering greater adoption and advancing the concept of self-custody to new heights.
Unlike traditional Lightning nodes, LN Node is designed for effortless mining and automation, offering:
β Built-in mining rewards β Earn while running your node β Zero technical setup β Simple, automated management β AI-driven optimization β Smarter, faster, and more secure β Seamless Taproot Assets & PayFi integration β Unlock new payment possibilities β Powered by industry leaders β Lnfi Network, Lightning Labs, Lightspark, Astra & ElizaOS
The Lightning Network marks a significant leap forward for Bitcoin, serving as a Layer 2 solution that enables swift and secure transactions. However, despite its potential, a large portion of users opt for custody Lightning solutions, with only a small fraction taking on the responsibility of running their own Lightning Node to attain self-custody over their assets.
This low adoption of self-custodial practices can be attributed to the challenges involved in setting up, overseeing, and maintaining Lightning Nodes.
LN Node is a genuine, independent Lightning node that operates on your cloud. It doesn't necessitate running another Lightning node at home or on a separate cloud service. It also isn't a custodial wallet; you retain complete control over your funds.
LN Node operates in a trustless manner as the funding transaction is executed on-chain for any opening of a Lightning channel.
On a higher level, by using LN Node, you are trusting us with your nodeβs uptime, data, networking, and more. Next, we will explain what we can and canβt see about your LN Node.
We have no visibility into any data regarding your Lightning Network node. This includes details such as your node's public key, peers, channels, balance, or transactions. Since we lack access credentials to your node, there is no method for us to obtain this information. All peer-to-peer communication is routed through Tor, meaning we solely observe your node connecting to Tor entry nodes, without identifying your actual peers. Consequently, your node blends seamlessly with others on the network, ensuring your usage of LN Node remains anonymous.
While we are developing features and products that may necessitate knowledge about your node (such as your public key), any services requiring such information will be strictly opt-in. You retain full control over the data you choose to share with us.
At an infrastructure level, we have visibility into basic information about your node, including its settings, version, and connecting IP address. This data is necessary for applying appropriate policies to our edge router. We solely use IP addresses for whitelisting and rate limiting purposes, and do not track them for any other reasons. Although your Lightning nodes are connected to our Bitcoin full nodes, we do not track on-chain activity, nor do we have any intention to do so.
In summary, your node remains inaccessible to us. However, trust remains essential for utilizing our service. We prioritize user privacy and are committed to enhancing the Lightning Network without compromising your confidentiality.
We operate all servers within a private network, with only an edge router exposed to external connections. None of our Lightning node APIs are directly accessible from the internet. Servers hosting Lightning nodes prohibit human logins, and we've removed SSH and other remote access methods. Additionally, all backups are encrypted and replicated for redundancy.
To enhance security, we've implemented the stateless-init feature. With stateless-init, macaroons are never written to disk. Instead, the node owner will have to approve the admin.macaroon file to be called out in the communication between the Lightning node and our service. As a result, we do not have access to your macaroon, and your macaroon data remains secure.
We have integrated Nostr signing with private and public keys for:
Authentication: Nostr private and public keys provide a means for verifying the identity of servers and clients involved in the communication.
Encryption: Data transmitted between the client and server are encrypted via NIP-04, ensuring that it cannot be intercepted and read by unauthorized parties. This protects sensitive information, such as login credentials, personal data, and financial details, from being exposed during transmission
Integrity: Nostr keys include mechanisms to ensure the integrity of data exchanged between the client and server. This prevents tampering with transmitted data, guaranteeing that it remains unchanged throughout the communication process
If the LN Node service is no longer operational or ceases operations overnight, your funds will remain secure, but you'll lose the ability to conduct any transactions.
In such an extreme scenario where the LN Node service disappears, you'll need to force close your channels (a function that we will add in the near future). The LN Node will then unilaterally close your channels, and after a delay of approximately 720 blocks (roughly 5 days), your funds will be returned to the blockchain.
There will also be a recovery option for such a scenario. (coming soon)
However, for any other issues, bugs, or problems of any nature, refrain from force-closing your channels. Instead, reach out to our support team via our Telegram channel. We're here to assist you promptly and effectively.