Velas Commerce

Curious to know how the #Bitcoin #LightningNetwork works? Check out our 12 minute, no tech knowledge needed, explainer here: youtube.com/watch?v=w961k1…

I made a Claude skill for setting up Lightning nodes! The skill, run-litd, can set up a wide variety of nodes, full node, pruned node, neutrino back-end, build a remote signer, connect to a remote signer, etc. and run on mainnet or signet! You are guided through choosing the type of node that you need and then the skills builds a properly configured node, that means a config file, a systemd service, etc. You can find it in this collection of Lightning skills… github.com/Liongrass/ligh… Give it a try and maybe tell your Lightning newb vibe coding friends!

80% of Bitcoin iGaming payouts through Cash App. Regular people already have a Bitcoin wallet in their pocket. They just needed a reason to use it. #BitcoinCommerce Edition 146 is live now! velascommerce.substack.com/p/lightning-fi…

Thanks to @VelasCommerce for covering my iGaming Benchmark Report. The iGaming world and high risk merchants doing hundreds of millions in volume and leaning on lightning network and @CashApp wallet is making up 80% of that volume. The reliability is here. Lightning is enterprise ready and being used in production today at scale! velascommerce.substack.com/p/lightning-fi…

Join us tomorrow and Friday for the San Juan Bitcoin Pizza Day hackathon 🇵🇷 Build with AI, trade Bitcoin on @SaiDotFun, and eat pizza 🍕 Supported by @Pizza_DAO @TO @pizzaninjas @micah_dominguez @tradecraftfi @BitAngels @DirtyCoinDoc @IAmJoyceChow @VelasCommerce @SanJuanBitdevs

@SuperTestnet Hi there Super. The calc we are using is really simple. Velocity = Monthly Volume / Capacity It's based on a combination of published data and it's accuracy is limited by the private nature of Lightning, but we think it's a cool figure nonetheless 🤓

@VelasCommerce what does the phrase "turns over...3x every month" mean in this context? Does it mean that if the network processed $1 billion of volume in month 3, it did $3 billion in month 4? Or does it mean that if an average channel has 1 btc in it, it processes 3 btc of payments per month?

Did you know Bitcoin on the public Lightning Network turns over, on average, about 3x EVERY MONTH?! The actual velocity of liquidity on LN can't be calculated, as Lightning is private by design. We track it as close to real-time as possible here: pulse.velascommerce.com

Traditional #banking: "Your transaction will be processed in 3 to 5 business days." #Lightning: "Done." Traditional banking: "..wait, come back!" #BTC #FinTech

80% of Bitcoin iGaming payouts through Cash App. Regular people already have a Bitcoin wallet in their pocket. They just needed a reason to use it. Bitcoin Commerce Edition 146, out Friday. 👉velascommerce.substack.com

At tomorrow’s @SanJuanBitdevs we will be doing a deep dive on the quantum threat! We’ll cover the current state of quantum, what in Bitcoin is quantum vulnerable or not, possible solutions, & whatever you want to talk about with our guest BIP360 co-author @isabelfoxenduke

Somewhere out there a developer just said, "This should only take 5 minutes." We wish them well. 🙏😄 If you're building #Bitcoin tools, #Lightning integrations, or weird/cool ideas, @VelasCommerce likes weird and cool. Shoot us a DM! #FinTech

I just updated my run-litd scripts to include a remote signer setup. I just ran a full test... 22mins from brand new Ubuntu servers to a fully functional node with a remote signer and professional setup, config files, systemd services, etc. github.com/HannahMR/run-l…

Treating #Bitcoin like family heirlooms at this point 😄

Your podcast app could be a Bitcoin app. Ours is — and we've never looked back⚡ @fountain_app just dropped v1.5 with a revamped trending feed. One of the best examples of a Bitcoin electronic circular economy in action. fountain.fm/blog/fountain-…

So easy a baby can do it. 🥰 #wholesome #Bitcoin #Fintech

I can setup a litd node faster than Claude CLI can. Okay it's cuz I make Claude ask before it does everything, but also I have to remind it about what it already did.... so I win!

Bitcoin Builders: @Breez_Tech just shipped stable balances in their latest SDK Choose your own adventure. ₿ or $ Behind the scenes it’s statechains and stablecoins. The user doesn’t have to know or care & that’s the magic. Watch it in action here⚡️ youtu.be/UBWK5usXyUk

Most businesses aren’t asking, “Should we go all in on #Bitcoin tomorrow?” They’re asking: “What’s practical right now?” @VelasCommerce can help. #FinTech

@tando_me @Leishman @River @mempool Ah jah, good point! The spacing is great. If you're mind thinks in Satoshis, the quantity is clear at a glance.

@VelasCommerce @Leishman @River @mempool Imo, worse. Spaces do the trick with less. Adding commas also destroys the copy/paste experience. Few other UIs will know what to do with 0.00,658,483 But if you format it with visual spacing without actually using whitespace characters it will copy/paste cleanly 0.00658483

You can see both the sats and BTC values easily on @River. No settings change necessary.

Hey Puerto Rico! Come talk Quantum Bitcoin and Spark Statechains at the next San Juan Bit Devs ⚡️🤓

Let's hear about them!