Difference between revisions of "Wumbo"

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(Created page with "'''“Wumbology, the study of ‘wumbo’. It’s first grade, Spongebob!”''' The change, which for the first time would lift the hard-coded limit on how much money can be...")
 
 
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'''“Wumbology, the study of ‘wumbo’. It’s first grade, Spongebob!”'''
'''“Wumbology, the study of ‘wumbo’. It’s first grade, Spongebob!”'''


The change, which for the first time would lift the hard-coded limit on how much money can be locked up in a lightning channel at a given time, demonstrates just how far the lightning initiative as a whole has come.
[[Wumbo]] is the change, which once implemented would lift the hard-coded limit on how much money can be locked up in a lightning channel at a given time. As of Jan 2019 this is limited to a value roughly corresponding to US$ 600. The name [[Wumbo]] was chosen in November 2018 at a "summit" in Adelaide, Australia, where Lightning’s top developers gathered.


[https://www.coindesk.com/this-spongebob-themed-tech-proves-that-bitcoins-lightning-is-advancing More on coindesk]
=Enable Wumbo channels on LND=
{{TODO|Put some lines on Wumbo on here :) }}
 
You need to run at least 0.11 RC. Under the '''Application Options''' block in your config, add:
 
<pre>
protocol.wumbo-channels=1
</pre>
 
=References=
* [https://www.coindesk.com/this-spongebob-themed-tech-proves-that-bitcoins-lightning-is-advancing Coindesk article]

Latest revision as of 07:18, 4 August 2020

“Wumbology, the study of ‘wumbo’. It’s first grade, Spongebob!”

Wumbo is the change, which once implemented would lift the hard-coded limit on how much money can be locked up in a lightning channel at a given time. As of Jan 2019 this is limited to a value roughly corresponding to US$ 600. The name Wumbo was chosen in November 2018 at a "summit" in Adelaide, Australia, where Lightning’s top developers gathered.

Enable Wumbo channels on LND

You need to run at least 0.11 RC. Under the Application Options block in your config, add:

protocol.wumbo-channels=1

References