Info

Lightning node

This store only accepts Bitcoin payments over the Lightning network. To make a payment on Lightning you’ll need a Lightning enabled Bitcoin wallet with an open and funded channel. If you don’t have such a wallet you can learn more about the different kinds of wallets here. If you already have a wallet you can open a channel with the store by scanning the QR code with your mobile wallet or follow this link to find the details of my node on 1ml.com. My node is well connected so if you already have channels it’s probably not necessary to open a direct channel to the store.

I use BTCPay Server to facilitate the payments, this allows me to automatically process payments in my store without the need of a third party. The server needs to be online 24/7 for obvious reasons so I setup the server on a third party host which is convenient but not best practice.

My node as visualized by ACINQ’s Lightning Network Explorer.

Wallets

The Lightning network is still in it’s infancy and not very user friendly to a non-technical person. If you would like to try the Lightning Network and not run a routing node there are custodial wallets you could use to get the hang of it. That being said you should learn how to setup a routing node, it’s fun and you can make some Satoshis along the way.

Channels

Lightning Network is based on a technology called payment channels. Two peers in the network can open a payment channel with each other by making an on chain transaction. All these channels create a web in which the peers in the network can transact threw one and other without needing to trust any of the participants. This way the network can handle thousands of transactions per second near instantly and for very low fees.

"nTimeLock does the reverse. It’s an open transaction that can be replaced with new versions until the deadline. It can’t be recorded until it locks. The highest version when the deadline hits gets recorded. It could be used, for example, to write an escrow transaction that will automatically permanently lock and go through unless it is revoked before the deadline. The feature isn’t enabled or used yet, but the support is there so it could be implemented later."
Satoshi Nakamoto
Creator of Bitcoin, 2010

8,638.73

BTC 0.55%

About me

BS_Logo_
Thanks for visiting ฿itStock! I build this site primarily for me as a way to store my photo’s in a database and easily access them. I’m a big Bitcoin enthusiast and believe that a decentralized money with a finite supply will have a positive effect on society as a whole. I have a Bitcoin Lightning node which I want to grow in capacity so feel free to open a channel with the shop. If your node is reliable I just might return the favor.
I have literally thousands of photo’s which I keep adding to the database so come back every once in a while for an update.

This store is built with:

WordPress is a content management system based on PHP and MySQL that is usually used with the MySQL or MariaDB database servers but can also use the SQLite database engine. Features include a plugin architecture and a template system, referred to inside WordPress as Themes.

Website

WooCommerce is an open-source e-commerce plugin for WordPress. It is designed for small to large-sized online merchants using WordPress. Launched on September 27, 2011, the plugin quickly became popular for its simplicity to install and customize and free base product.

Website

BTCPay Server lets you process Bitcoin transactions seemlessly, enabling global and near-instant peer-to-peer payments.

Website

full Node

You only own Bitcoin if you hold the private keys and verify incoming transactions with your node. If you use a custodial wallet or keep your Bitcoin on something like an exchange you basically trust a third party to tell you what’s true. Bitcoin is decentralized so there is no need to trust anybody! You just have to run a full node which has a copy of the blockchain and when online and synced can verify what’s true without a central authority. Don’t trust, verify.

Full node

Mempool

Whenever you broadcast a transaction to the network it gets added to the mempool. The mempool is basically a bunch of transactions waiting to get added to the next block by a miner. Miners will select transactions based on the fee per byte, miners want to make as much Bitcoin as possible to pay for the electricity they are putting in to mine the next block. You can set your own fee whenever you transact so the mempool is a good place to check what a reasonable price is to get your transaction in a block.

Mempool

Block explorer


You can use a block explorer to track the state of the blockchain. You can search by transaction ID, block number, address etc. When you use an online block explorer you are trusting a third party to tell you the state of the blockchain, always use your own node to verify incoming transactions.

Block explorer

"Your shitcoin is worthless and should burn to the ground along with your hopes and dreams."

8,638.73

BTC 0.55%