Peercoin Lightning Network Guide
The current state of matters is that unless you want to give private key of your coins to somebody else, you need to run a local lightning node, connect it to lightning network and have sufficiently funded channel to be able to pay instantly on lightning network. To receive payments you need channel funded in your direction. Simplest for this to happen is to pay for something.
Installing peercoin lightning node
Using docker compose (easy way)
docker-compose.yml
version: "3"
services:
peercoind:
image: peercoin/peercoind:0.9.0
container_name: peercoind
environment:
- RPC_USER=peercoind
- RPC_PASSWORD=peercoindrpc
command:
-testnet
-nominting
expose:
- "9903"
ports:
- "0.0.0.0:19904:9904"
volumes:
- "peercoin_datadir:/data"
clightning_peercoin:
image: peercoin/lightningd
container_name: lightningd
command:
- --bitcoin-rpcconnect=peercoind
- --bitcoin-rpcport=9904
- --bitcoin-rpcuser=peercoind
- --bitcoin-rpcpassword=peercoindrpc
- --network=peercoin-testnet
- --alias=peercoinlove
- --log-level=debug
environment:
EXPOSE_TCP: "true"
expose:
- "9735"
ports:
- "0.0.0.0:19735:9735"
volumes:
- "clightning_peercoin_datadir:/root/.lightning"
- "peercoin_datadir:/etc/bitcoin"
links:
- peercoind
volumes:
peercoin_datadir:
clightning_peercoin_datadir:
docker-compose up -d
Verify that all is running:
docker-compose ps
Running docker peercoin and clightning (the hard way)
If you don’t have peercoin container running, start it
- Make sure your data directory (ie /var/lib/peercoin) exists if you want to preserve data
$ docker run --env PPC_DATA=/var/lib/peercoin --name peercoind -d peercoin/peercoind -rpcuser=foo -rpcpassword=bar -testnet -nominting
- Wait for peercoin node to sync completely
Run lightningd node
- $ docker run --name lightningd --link=peercoind --publish 9735 -d peercoin/lightningd --bitcoin-rpcconnect=lpeercoind --bitcoin-rpcport=9904 --bitcoin-rpcuser=foo --bitcoin-rpcpassword=bar --network=peercoin-testnet --alias=peercoinlove --log-level=debug
Once your lightning node is running
You can query it by running lightning-cli command
$ lightning-cli help
If you are using docker do:
$ docker exec -it lightningd /bin/bash
See status of node
$ lightning-cli getinfo
{
"id": "02e6873965f202fa776a8f3236ebd36a13e99c147e29db9c8b7fae995f0f26bc29",
"alias": "ANGRYMASTER",
"color": "02e687",
"num_peers": 1,
"num_pending_channels": 0,
"num_active_channels": 1,
"num_inactive_channels": 0,
"address": [],
"binding": [
{
"type": "ipv6",
"address": "::",
"port": 9735
},
{
"type": "ipv4",
"address": "0.0.0.0",
"port": 9735
}
],
"version": "v0.7.3rc2-7-g0dbcf9e-modded",
"blockheight": 425848,
"network": "peercoin-testnet",
"msatoshi_fees_collected": 0,
"fees_collected_msat": "0msat"
}
Connect to explorer node
$ lightning-cli connect 026c7ff7adc7e4c01c3d953fee7d35ddeba6ecdbd8f80e4e0e02a3fcac5547e06a@explorer.peercoin.net
{
"id": "026c7ff7adc7e4c01c3d953fee7d35ddeba6ecdbd8f80e4e0e02a3fcac5547e06a"
}
Generate new address keypair inside lightning node:
$ lightning-cli newaddr
{
"address": "tpc1qf2ukcsp0s38eue5ge2pqkta23sgds2skr45cau",
"bech32": "tpc1qf2ukcsp0s38eue5ge2pqkta23sgds2skr45cau"
}
Send some peercoin to the node wallet
$ peercoin-cli sendtoaddress tpc1qf2ukcsp0s38eue5ge2pqkta23sgds2skr45cau 100
Or just use faucet
Query node until funds become available
$ lightning-cli listfunds
Fund channel between your node and explorer node for 1 ppc
$ lightning-cli fundchannel 026c7ff7adc7e4c01c3d953fee7d35ddeba6ecdbd8f80e4e0e02a3fcac5547e06a 1000000
Wait for transaction to be confirmed and channel will be open
$ lightning-cli getinfo | grep active_channels
"num_active_channels": 1,
Now request a payment
Misc commands that are helpful to know
To output all channels known to the network
$ lightning-cli listchannels
To know your addresses
$ lightning-cli dev-listaddrs
