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This looks very cool!
Would you also see a use case for this as a permanent node?
EDIT:
Understand Rizful's security model...
Two-factor authentication, using Google Authenticator (or similar) is required for all Rizful users with balances above 100,000 satoshis. This is a powerful and widely-tested security strategy that should serve to keep bad actors out of your Rizful node.
But please understand the tradeoffs we've made: While studying the Lightning design space, we've realized there is a big, nasty problem with giving users a seed phrase and assuming they could restore their node at any time: Most users won't be able to successfully restore their node! Lightning's "static channel backup" restore model is confusing, even for experienced node-runners. Do "an SCB" wrong, and you'll lose all your sats. We think that giving new users a seed phrase, and asking them to take responsibility for all backup and restore.... that's a challenging route. So we've made a big tradeoff: We store the encrypted backups and retain the ability to restore nodes in the event of hardware failure. This should work well for new users and users with small balances, but is NOT designed for large production-scale nodes with high balances.
Don't expect an "abstracted" Lightning experience...
A common recent pattern is for apps and websites to attempt to "hide" the actual behavior of the Lightning Network -- instead of showing lightning channels, peers, and channel balances, an "abstracted" app might just show one "satoshis balance," and not even show the user anything called a "channel". This can be a good approach, but we've decided with Rizful to try the opposite: We provide ALL the data, directly from the underlying node instance, with the aim of providing a detailed, fully-annotated "teaching" node, that is also high-performance.
Also for education. It's really designed so a classroom of students can be up and running on the LN and Nostr literally within minutes.
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There are other solutions for permanent nodes. But there isn't really a Lightning solution that prioritizes FAST create/destroy on nodes, and each account being able to quickly start multiple nodes.... (As far as we know. ) It might bring up use new use cases.
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For a permanent node..... right now, we don't want to push people in that direction just yet. Right now it's something to have fun with and try out Lightning and Nostr stuff in a low-commitment and "instant" way.
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Sounds great. I will try to free up some time tonight to play with this.
Who's behind the Megalith node? Anything to do with LND and their Taproot assets?
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Sounds great. I will try to free up some time tonight to play with this.
Thanks. You will be among our first users, we launched this a few days ago. Much appreciated if you can flag any issues you run into.
Who's behind the Megalith node? Anything to do with LND and their Taproot assets?
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Sounds great. I will try to free up some time tonight to play with this.
Who's behind the Megalith node? Anything to do with LND and their Taproot assets?
Dude who wrote these docs: https://docs.megalithic.me/
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