Topic: 🛠️ Bitcoin LightningATM - page 2. (Read 971 times)

Lets hope the lightning network is NOT implemented worldwide. It's not a solution at all and gives just back power to big financial institutions and power to companies like blockstream who toke over bitcoin, making it slow and bad to make money out of it. Wake up, bitcoin is not anymore what its used to be or what it should be. BTC is not Bitcoin.

Running an payment hub as an normal person does not fit current worldwide laws and that makes it illegal for you. That's why Bitcoin as it should be, is not illegal because its peer-to-peer.

As soon as you transfer funds for another person to another, you need a financial service license. Which means in other words couple millions of dollars, lawyers and much more.

Besides that, literally no one is using the lightning network right now or wants to do so. There are about 20 merchants worldwide accepting the lightning network. And I'm not talking about big merchants, I talk about some student resident in south America and ski hubs in Italy.

All those lightning fanboys don't even get what it really is about.

The idea is so fantastic and as it was given in 2017 , so now it can be more good with the growth of technology. Hope one day it will be implemented worldwide.

I first saw the idea of creating a Lightning ATM in this thread, when Jsraw fleetingly shared a couple of images and links. Since I am a engineer by profession, and since I had been planning to create a bitcoin piggy bank for my niece for a long time, I was very interested in this project. Since I have the equipment on hand to create the wireframe, the task becomes even easier, but still there are many open questions. Later, I will share more detailed information on changing LightningATM specifications, since this instruction is only partially suitable for me, until then, enjoy the discussion.  

This LightningATM ^{[A Beginner's guideline to Bitcoin Lightning Network]} was built to distribute small amounts of BTC - obviously - it only accepts coins. It shall demonstrate the power of Bitcoins Lightning Network. A two cent coin is enough to buy some satoshis at the LightningATM. A physical coin exchanged into bitcoin and send to your lightning wallet in seconds, (a convenient and easy on-boarding process for people that are new to bitcoin). ©

• Hardware requirements
• Hardware setup
• Software requirements
• Software setup
• Supported wallets, (setup/communication)

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An old thread was used for the post / Not including image processing, the material was almost entirely written and previously published by github/21isenough.

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   [1] Hardware requirements

Below you will find detailed information on hardware requirements, or check here

• Raspberry Pi Zero WH - http://bit.ly/2maXBr6 (If you can, get the version WH, not just W).
• 8/16 GB Micro SD Card - http://bit.ly/39anM4f
• PaPiRus Zero - ePaper / eInk Screen - http://bit.ly/2kdSOVh (This is the 2 inch display, Future version of the sw will support other brands).
• Raspberry Pi Zero Camera (5MP) - http://bit.ly/2kuPvt1 (Make sure you buy a camera which also comes with the narrower "Pi Zero Ribbon Cable").
• Coin Acceptor 616 - http://bit.ly/2lHfoWK (This coin acceptor can accept up to 6 different coins).
• Button, not exceed 16mm - http://bit.ly/2lK4AqR
• Jumper Cables - http://bit.ly/2kfGns4 (Make sure you've got some variety "male and female").
• You need at least 1/2 USB cable
• Power supply - http://bit.ly/36UypXy ([Option 1] 5V PS and a small transformer to step up 5V to 12V [Option 2] 5V for the RPi Zero and 12V for the coin acceptor.).
• Case for the ATM (Laser cut ATM template on GitHub).

          

• Further Details

          ➥ Make sure there's Wifi available and you know the Wifis name (SSID) and the password.
         ➥ Luster terminals make your life easier when connecting cables and can prevent soldering.
         ➥ A soldering iron and solder are handy and some connections might be better soldered then clamped/wrapped/screwed.
         ➥ For the laser cut case, @21 bought small plastic handles that he attached to the bottom of the case as legs.
         ➥ You would also need M2.5x10mm screws to assemble the pieces http://bit.ly/382jufj

   [2] Hardware Setup

• Hardware Overview

• RaspberryPi and Display

• Assembly and Software

     ➥ Additional description of the (Setup Process) here.
     ➥ Wiring Details here (The described Wiring Details are correct if you only use PaPiRus Zero - ePaper / eInk Screen.).

   [3] Software requirements

Below you will find detailed information on Software requirements , or check here

• Linux / Mac / Windows
• Software to flash an SD card (Balena Etcher).
• SSH client (Putty or your standard command line).

          ➥ The major part of the SWR comes directly with the code from the GitHub repository.
         ➥ Everything else will be directly installed onto the Raspberry Pi during the installation of the ATM.
         ➥ It's all thoroughly explained in the videos.

   [4] Software Setup

I did not add step-by-step software setup to this thread as the displayed currency and a few other details do not suit me.

• Configuring the ATM (Access the ATMs configuration file).
• Activating the camera (Activating the camera in 5 steps).
• Monitoring the log file (Monitoring the ATMs log file and Using tmux).

   [5] Supported Wallets / Setup / Communication

Click on the links to see a step-by-step guide on how to set up Bitcoin Lightning wallets with Lightning ATM, (there are two wallets you can use with LATM).

• Lntxbot (Using this wallet you have no control over your private keys).

          ➥ Updating your current installation.
         ➥ Installing Lntxbot.
         ➥ Funding the Lntxbot.
         ➥ Connecting the Lntxbot to the ATM
         ➥ First transaction with the ATM

• LND (on BTCPayServer).

          ➥ Updating your current installation.
         ➥ For a little more advanced users.
         ➥ Displaying your BTCPayServer QR code.
         ➥ Connecting to the ATM.
         ➥ First transaction with the ATM.
     ➥ (Make sure, you have finished the hardware video part 3, before you attempt to setup your wallet).

• Wallet Communication

          ➥ How the ATM "talks".
         ➥ API endpoint, usernames and passwords.
         ➥ Talking to an API in practice.
         ➥ Requesting Lntxbot balance in python.

• Starting the ATM automatically

            ➥ (A quick description on how you can start the ATM automatically, as soon as the Raspberry Pi has booted).

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This is a hobbyist project and it is not secure and reliable enough, @21isenough does not recommend using this setup in a professional environment.

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