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100 sats \ 6 replies \ @justin_shocknet 3 Sep \ parent \ on: Shutting down my routing node lightning
AMP is the only thing notable since inception, Anchors smooth a few rough edges.
Splicing has been over-hyped, but I could see LSPs passing on some cost savings in special situations in a competitive market, but it wouldn't be a material improvement.
Mobile nodes had poisoned the roadmap for a long time, healing is to focus on the shell not the protocol.
Yeah splicing, forgot to include that in my list.
I liked the idea of basic LSP functionality built into the core protocol without needing to touch HTTP but I suppose that ship has sailed.
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Yea that's terrible engineering, a payments protocol should not conflate with a reputation graph nor a bulletin board. It's bad enough the network had to be bootstrapped with channel gossip, that should have been done at the application level too and could have been had something like Nostr existed at the time.
Can't be the native money of the internet without HTTP, where would Lightning be without LNURL/Lightning Address/Nostr?
Bolt12 is equally ridiculous by trying to turn Lightning into another Tor for arbitrary data. CLINK by using Nostr is the way.
In an ideal end-state, LSP's go away completely, and your channels are optimized organically through your actual economic activity.
This is also why I tell anyone thinking about setting up a "routing" node they have a fundamental misunderstanding of what Lightning is and how it works, there are no successful routing nodes and its a fools errand to attempt it. The reality is there are just other businesses with organic activity to their own nodes who's unique position make for being a net+ router.
Thanks for sharing your experience, more people need to understand that routing is unwarranted hype just like most of what gets peddled in Lightning.
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"This is also why I tell anyone thinking about setting up a "routing" node they have a fundamental misunderstanding of what Lightning is and how it works, there are no successful routing nodes and its a fools errand to attempt it"
Let me tell you in all humility that you have no idea what you are talking about.
It will not be easy or usual but I know that there are several nodes with constant benefits and they are not from services like ACINQ but from plebs.
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In a few rare cases people that established their own network effect through longevity and elite management may scratch out out a small yield, very rare, odds are though these people are blowing smoke up your ass "trust me bro"
not be easy or usual
So you're just talking to talk...gtfo
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I've been building in lightning since 2018 and have talked to several hundreds of the most dialed in node runners on the network
Not one serious person would ever recommend running a node for the purposes of generating routing yield
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