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0 sats \ 4 replies \ @nerd2ninja 11 Jul 2023 \ parent \ on: I am not a routing node anymore bitcoin
Yeah stealing is not the right word but screwing other nodes over to balance their own liquidity (splicing improves this by the way)
Ok, how are people being screwed? Not following what is being done to who or how. If a pleb node operator has low fee rates / fees set and another node(bad guy node) is re-balancing using a channel with this pleb how is this screwing or stealing? I'm not saying it is or isn't but I don't get what is being said here.
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I mean its all within the rules so how are they being screwed right? ¯_(ツ)_/¯
People feel as though they are being screwed by it because they charge the same fee regardless of how much liquidity gets used up. A fee that scales to how much liquidity is being used up would make them feel much less screwed over.
Basically, they're expecting to get many fees over many lightning network transactions, but they end up only charging that 1 fee for their entire channel size and it frustrates them lmao.
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I would recommend folks go into running a lightning node with the learning mindset not the earning mindset. Adjust your time preference my friends. I do get the frustration though if you go into it thinking this is a way to make easy bitcoin and support lightning. In my experience it is not easy but I'm still learning. Learning is rarely without a cost and IMHO learning more about bitcoin and the tools around it are more undervalued than bitcoin itself.
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I see a profit opportunity right now lmao. Pop into the lightning network with a node that has a splicing implementation, let people rebalance through your node and splice in more liquidity. I believe LND was more concerned with creating "Taproot Assets" than they were improving their implementation, so you can probably profit off of LND users in this way.
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