Umbrel - Lightning Node Setup tips.
2 sats \ 5 comments \ @Anonomoto 25 Feb 2023 bitcoin
I'm going to open a channel on my Lightning Node via Umbrel, and I wanted to know if there were any tips/warnings from the community whilst I wait for the on-chain transaction to confirm. I'm doing some research, but I figured it's good to ask too.
The first thing I want to do once the channel is created is open a direct connection to SN, and LNMarkets, then move sats from my custodial Lightning wallet to my nodes LN wallet, but then I'm not sure what's next.
I'm looking forward to your knowledge!
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11 sats \ 1 reply \ @DarthCoin 25 Feb 2023
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0 sats \ 0 replies \ @Anonomoto OP 25 Feb 2023
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10 sats \ 2 replies \ @Eximpius 25 Feb 2023
You need an incoming channel to do that. If “You” just open a channel, it will be for sending only until you move some off the channel.
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1 sat \ 1 reply \ @Anonomoto OP 25 Feb 2023
Ah, the inbound liquidity issue.
I'm thinking of opening a channel and sending 50% of the value out to Kraken, then withdrawing it back to Muun/BlueWallet, and from there, sending it back to my Lightning node, so it appears on the inbound portion of the channel.
It's more steps but cheaper than using a looping service.
Also, I need to understand if one channel that will cover most of my Lightning needs is better than many smaller channels. So I'm looking into that at the mo.
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0 sats \ 0 replies \ @Eximpius 25 Feb 2023
You can use something like amboss to get an incoming channel. If you send the sats back to your node, you will just fill the channel back up again, and not be able to receive again.
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