This guide walks through the steps necessary to run the PeerSwap daemon on Bitcoin signet and Liquid testnet. This guide was written and tested under Ubuntu-20.04 but the same procedure also applies to different Linux distributions.
PeerSwap requires lnd, bitcoind and an elementsd installation if testing Liquid L-BTC swaps. If you already have all of these installed you can let them run in signet, or testnet mode and skip to the section about using the PeerSwap daemon.
Download the following files to install Bitcoin Core (replace with the latests version).
wget https://bitcoincore.org/bin/bitcoin-core-23.0/bitcoin-23.0-x86_64-linux-gnu.tar.gz && \
wget https://bitcoincore.org/bin/bitcoin-core-23.0/SHA256SUMS.asc && \
wget https://bitcoin.org/laanwj-releases.asc
Verify the downloaded data
gpg --import laanwj-releases.asc && \
gpg --verify SHA256SUMS.asc && \
grep bitcoin-23.0-x86_64-linux-gnu.tar.gz && \
sha256sum -c SHA256SUMS.asc 2>&1
If the shasums match this command will return
bitcoin-0.23.0-x86_64-linux-gnu.tar.gz: OK
Extract the binaries
tar -zvxf bitcoin-23.0-x86_64-linux-gnu.tar.gz
Copy the binaries to the system path
sudo cp -vnR bitcoin-23.0/* /usr/
Create config dir in home
mkdir -p ~/.bitcoin
Add signet config file
cat <<EOF > ~/.bitcoin/bitcoin.conf
signet=1
server=1
daemon=1
zmqpubrawblock=tcp://127.0.0.1:28332
zmqpubrawtx=tcp://127.0.0.1:28333
EOF
Start the Bitcoin daemon in signet mode
bitcoind
Download the following files to install elementsd (replace with the latests version).
wget https://github.com/ElementsProject/elements/releases/download/elements-0.21.0.2/elements-elements-0.21.0.2-x86_64-linux-gnu.tar.gz && \
wget -O ELEMENTS-SHA256SUMS.asc https://github.com/ElementsProject/elements/releases/download/elements-0.21.0.2/SHA256SUMS.asc
Verify the downloaded data
gpg --keyserver hkps://keyserver.ubuntu.com --recv-key "DE10E82629A8CAD55B700B972F2A88D7F8D68E87" && \
gpg --verify ELEMENTS-SHA256SUMS.asc && \
sha256sum -c ELEMENTS-SHA256SUMS.asc 2>&1 | grep OK
If the shasums match this command will return
elements-elements-0.21.0.2-x86_64-linux-gnu.tar.gz: OK
Extract the binaries
tar -zvxf elements-elements-0.21.0.2-x86_64-linux-gnu.tar.gz
Copy the binaries to the system path
sudo cp -vnR elements-elements-0.21.0.2/* /usr/
Create config dir in home
mkdir -p ~/.elements
Add testnet config file (avoid to override existing config files)
cat <<EOF > ~/.elements/elements.conf
chain=liquidtestnet
# Liquid Testnet (liquidtestnet) settings:
[liquidtestnet]
rpcport=18884
rpcuser=admin1
rpcpassword=123
rpcbind=127.0.0.1
trim_headers=1
EOF
Start the daemon in testnet node
elementsd --daemon
The Elements node now has to be synced on Liquid testnet for the plugin to work. To check this, compare the height value from
elements-cli -rpcport=18884 -rpcuser=admin1 -rpcpassword=123 getchaintips
with the height of the last block on Liquid testnet explorer.
Note: If building from source, be sure to build with the required tags: make install tags="signrpc walletrpc routerrpc invoicesrpc"
otherwise Peerswap will not work.
Download the following files (replace with the latests version)
curl https://raw.githubusercontent.com/lightningnetwork/lnd/master/scripts/keys/roasbeef.asc | gpg --import \
wget https://github.com/lightningnetwork/lnd/releases/download/v0.15.5-beta/manifest-roasbeef-v0.15.5-beta.sig && \
wget https://github.com/lightningnetwork/lnd/releases/download/v0.15.5-beta/manifest-v0.15.5-beta.txt && \
wget https://github.com/lightningnetwork/lnd/releases/download/v0.15.5-beta/lnd-linux-amd64-v0.15.5-beta.tar.gz
Verify the release
gpg --verify manifest-roasbeef-v0.15.5-beta.sig manifest-v0.15.5-beta.txt
If the shasums match this command will return
gpg: Good signature from "Olaoluwa Osuntokun <[email protected]>" [ultimate]
Extract the binaries
tar -zvxf lnd-linux-amd64-v0.15.5-beta.tar.gz
Copy the binaries to the system path
sudo cp -vnR lnd-linux-amd64-v0.15.5-beta/* /usr/bin/
Create config dir in home
mkdir -p ~/.lnd
Add signet config file
cat <<EOF > ~/.lnd/lnd.conf
bitcoin.active=true
bitcoin.signet=true
bitcoin.node=bitcoind
listen=0.0.0.0:39735
EOF
Start LND in the background
lnd </dev/null &>/dev/null &
Create a wallet with
lncli -n=signet create
Install golang from https://golang.org/doc/install
wget https://go.dev/dl/go1.19.linux-amd64.tar.gz && \
sudo rm -rf /usr/local/go && \
sudo tar -C /usr/local -xzf go1.19.linux-amd64.tar.gz && \
export PATH=$PATH:/usr/local/go/bin
Clone into the PeerSwap repository and build
git clone [email protected]:elementsproject/peerswap.git && \
cd peerswap && \
make lnd-release
Move the PeerSwap binaries to the systempath
sudo cp -vnR ~/go/bin/peerswapd /usr/bin/ && \
sudo cp -vnR ~/go/bin/pscli /usr/bin/
In order to get peerswap running we need a configuration
mkdir -p ~/.peerswap
Add signet config file. REPLACE USERNAME.
BTC swaps only config
cat <<EOF > ~/.peerswap/peerswap.conf
lnd.tlscertpath=/home/<username>/.lnd/tls.cert
lnd.macaroonpath=/home/<username>/.lnd/data/chain/bitcoin/signet/admin.macaroon
EOF
L-BTC swaps config
cat <<EOF > ~/.peerswap/peerswap.conf
lnd.tlscertpath=/home/<username>/.lnd/tls.cert
lnd.macaroonpath=/home/<username>/.lnd/data/chain/bitcoin/signet/admin.macaroon
elementsd.rpcuser=admin1
elementsd.rpcpass=123
elementsd.rpchost=http://127.0.0.1
elementsd.rpcport=18884
elementsd.rpcwallet=swaplnd
EOF
L-BTC testnet swaps config
cat <<EOF > ~/.peerswap/peerswap.conf
lnd.tlscertpath=/home/<username>/.lnd/tls.cert
lnd.macaroonpath=/home/<username>/.lnd/data/chain/bitcoin/testnet/admin.macaroon
elementsd.rpcuser=admin1
elementsd.rpcpass=123
elementsd.rpchost=http://127.0.0.1
elementsd.rpcport=18884
elementsd.rpcwallet=swaplnd
EOF
Remove all unnecessary files and folders
rm go1.19.linux-amd64.tar.gz && \
rm lnd-linux-amd64-v0.15.5-beta.tar.gz && \
rm -r lnd-linux-amd64-v0.15.5-beta && \
rm manifest-roasbeef-v0.15.5-beta.sig && \
rm manifest-v0.15.5-beta.txt && \
rm SHA256SUMS && \
rm -r bitcoin-0.21.1/ && \
rm -r elements-elements-0.21.0.2/ && \
rm bitcoin-23.0-x86_64-linux-gnu.tar.gz && \
rm elements-elements-0.21.0.2-x86_64-linux-gnu.tar.gz && \
rm ELEMENTS-SHA256SUMS.asc && \
rm laanwj-releases.asc && \
rm SHA256SUMS.asc
start the PeerSwap daemon in background:
peerswapd </dev/null &>/dev/null &
Create a new signet address and receive some sats from https://signet.bc-2.jp/
lncli -n=signet newaddress p2wkh
Now connect to another node that has the PeerSwap plugin running, for example these development nodes run by @sputn1ck
cln node
lncli -n=signet connect 036ba9411c5bc0f07eaefa427d54973d8e06239c30caaef40775b3ac5c512cacf1@95.217.184.148:39375
lnd node
lncli -n=signet connect 0369aba787f74feb6c1ef1b7984569723b9eb88a1a7bc7323e67d796711d61a7d4@49.12.106.176:39735
Fund a channel to the connected peer, e.g. @sputn1ck node (replace the nodes pubkey and amount to your needs)
lncli -n=signet openchannel 02d5ee248489d76b54015df2938318a58ee0e35e4746579bd170efc7f1dd62e799 [amt]
After the channel has been opened and is in CHANNELD_NORMAL
state get the channel id per
lncli -n=signet listchannels | grep "chan_id"
and try a swap-out
pscli swapout --sat_amt=[sat amount] --channel_id=[chan_id from above] --asset=btc
Note: The asset could also be lbtc
. The above command will perform the swap on the Bitcoin signet rather than the Liquid testnet.
Get a new testnet L-BTC address and then generate some test L-BTC to the address via https://liquidtestnet.com/faucet
pscli lbtc-getaddress