MultiversX Tracker is Live!

LNtip !

Bitcoin Reddit

More / Bitcoin Reddit 79 Views

This post is for those who have been tipped (maybe the tipper linked this post to help you. Or you want to learn more about LNtips on the Bitcoin sub.

r/LNTipBot2 for more official information.

-------non wallet use---------

You can start right now without set up!! (You just need someone to tip you)

I recently discovered there is a tip bot that you can use in the bitcoin sub (and I think others). The great thing about it is that althought you can get yourself a lightning wallet and then withdraw your tips, or use your own lightning wallet to add sats to your personal tip jar. You don't need to.

If someone tips you 500 sats then the bot will automatically set you up with a lightning tip jar on your username and add in 500 sats to it (that's the minimum tip). Then you can use the same command in a message and tip someone else. No need to even set up a wallet! You can use sats all you want just from your own tips, get them and pass them on.

(Side note. You can send private messages to the bot and it will give your balance, or a code to send sats to or receive sats via lightning wallet. Just using the links on the bot reply)

To tip type !LNtip 500 (or any number higher than 500). It will tip the person you are replying to. If you don't have the funds available in your account for the tip then the bot creates a lightning invoice that you can pay using lightning wallet.

---------use with a wallet------

Setting up a lightning wallet and adding sats to the bot.

A great guide from Double-LR (tip him if he posts in comments)

I use muun too so you are in luck. It works a very small bit different than you think. I am on a phone so this is what I just did to transfer 5000 sat from the tipbot balance to my muun wallet. Very easy. You’ll see. Prior to doing this you must have the wallet fully set up. Get your seed phrase words (aka your keys) and write them down and keep them safe. Then do the rescue/emergency pdf thing too. It’s pretty easy and worth the hassle of figuring it out. After that…

  1. Open muun and select “receive”

  2. At the top there are two option buttons. Select “Lightning” and the screen will change to a lightning address

  3. At the bottom you will see “Invoice Settings” select that and you will see a button to “add an amount” and an expiry time for the invoice.

  4. Press add+ and enter the amount you want to withdraw from the tipbot balance. Press “confirm” and the invoice will change again to the address that represents what you just created, an invoice for the amount of sats you entered.

  5. Press “copy” and the invoice will be copied to your clipboard in your phone.

  6. Open Reddit and Find a tipbot message, it has the blue links in it, you see it every time a tip is given. Press “withdraw” and it will create the DM format for you. (Once you learn the format, very simple, you can create it from scratch like a normal DM but the blue link does this for you until you learn the format well enough to create it on your own)

  7. On the DM page created by the blue link, there is a spot that says “put_invoice_here”

  8. DELETE only that simple phrase, and then paste in to the same spot, and your invoice you copied earlier will appear. The line that says withdraw needs to stay where it is.

  9. Press send.

  10. Open muun as fast as you can and see if you can beat the withdrawal to your wallet from Reddit.

  11. Enjoy, fellow redditor.

It seems like a lot. But I’m reality steps 1-5 will become 1 step for you and steps 6-9 will also become one step for you so once you learn it it’s basically two steps.

Lightning is badass. Enjoy, fellow redditor.

-----------General Help --------

Some useful FAQ type information not included on the bot website. If you are clueless then hopefully this list will give you enough information to start to Google the gaps in your knowledge:

  • what is bitcoin? It's a digital commodity. Like gold but much easier to transport.

  • what are Sats? Each bitcoin is made of a 100 million sats like dollars and cents but with lots more sats per bitcoin to make payments easier.

  • what is lightning? The bitcoin nextwork is slow and super secure, great for transfer of large amounts of money but not good for tips and coffee so clever people built a second layer on top and that is the lighting network. It allows you to send sats super fast and cheap.

  • what is a bot? An automated service to help you. Don't worry about sending messages to it, as long as you don't change the words it's just like sending a command to a computer and it will return your answer privately

  • do I need a wallet? Perhaps not... You can be given tips and then check your balance here on Reddit and only tip others using your tips. A great little circular community.

  • but then I do need a wallet? Yes. When you either have so many tips on your Reddit LN Bot account wallet that you want to withdraw them fully or use them in the real world then you will need a wallet. Or if you have no tips and want to tip then you will need a wallet.

  • what's a Reddit LN Bot account wallet? The clever people who made this tip bot made it so you automatically get a little wallet (just for use with the bot only) attached to your username that the bot can use to track your tips and balances. Smart!

  • what's a lightning wallet? A lightning wallet (probably) an app that you can install. The app allows transfer of bitcoin/sats to any other wallets. Great for buying stuff in locations that accept bitcoin, sending bitcoin or sats to your friends l, and for sending sats to fill your tip account.

  • where do I get a lightning wallet? When youre ready to use one, Google it, and find one you like

  • anything else to know? Only one last bit. If you tip more than you have availabille, or you try to make a deposit (clicking and sending deposit as a message to the bot) then the clever bot will give you a long number code that you can copy and enter into your lightning wallet app to make a payment. When you do.... You will have used bitcoin! And passed a tip to someone else. How nice of you.

----------The Code side of LN bot ---------

Here's the github for the lntip bot

https://github.com/drmoore718/lntipbot

-----------more really important stuff---------

If you post in a comment and it's useful I'll copy into here as an edit.

submitted by /u/edislucky
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments