The post Building LNbits — the WordPress for Your Bitcoin Lightning Node — With Ben Arc appeared on BitcoinEthereumNews.com.

Company Name: LNbits Founders: Ben Arc Date Founded: Project: 2019 | Company: 2022 Location of Headquarters: Fully remote (most developers based in Europe) Amount of Bitcoin Held in Treasury: N/A Number of Employees: 6 (+ “a couple dozen other developers”) Website: https://lnbits.com/ Public or Private? Private Five years ago, Ben Arc first had the vision for LNbits — free and open-source software that works with any Lightning Network funding source and offers a suite of extensions for both personal and business use cases. The vision for the project came to him in what he describes as a flash of inspiration. “Christian Russo, the developer of the RaspiBlitz, had come down to visit and I remember sitting in a little wash cottage where he was staying, and I just sat on the sofa and I kept going, ‘LNbits, LNbits, LNbits,’” Arc told Bitcoin Magazine. “And then I was like, ‘I think I’m going to make this project where it can be set on top of any funding source and you’ll get this common API and then have some wallets and stuff.’” Soon after, Arc, a Bitcoiner based in Wales, began working on the first LNbits project, a point of sale (PoS) extension for his friend Jörg Platzer, owner of the now defunct Berlin-based Bitcoin bar Room 77. “We managed to get the PoS in the bar, and Jörg was amazed how well it worked,” recounted Arc. “What he really wanted was like an accountancy layer from which you could export CSV and then import it into different wallets, so you could have different PoSs and they’d have different wallets. None of that stuff was possible in the node implementations at the time,” he added. “So, we needed to build that for Jörg, and then I needed to build something so I…

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Filed under: News - @ September 24, 2024 5:19 pm