Pleb routing nodes in the future \ stacker news ~bitcoin

1447 sats \ 8 comments \ @TheWildHustle 25 Oct 2023 bitcoin

Will the pleb routing node with 5% -10% of your stack become a liability or asset in the future.

I've been seeing it as the latter. That if lightning merchant adoption grows, pleb lightning routers will have the opportunity to route more payments. I was thinking that if demand for blockspace becomes more valuable, it would also make pre-existing lightning channels more valuable as well.

Or would it become more and more ridiculous to have a portion of your stack on...... essentially a hotwallet with additional risks. And would it make more sense that centralized and specialized operations take a majority of the pie, similar to the direction bitcoin mining has taken?

Or should plebs use their own lightning nodes primarily for the sovereignty aspect?

Stick to cold storage26.3%

5%-10% of your stack, or less36.8%

Sovereign Lightning > Pleb Routing36.8%

19 votes \ poll ended

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265 sats \ 3 replies \ @DarthCoin 25 Oct 2023

There are 2 types of plebs: A. the ones with good knowledge about routing nodes and LN in general B. the ones that have no clue what is running a node and how LN works.

The A category also contain 2 types:

the ones with low capital for liquidity
the ones with good capital for LN liquidity

I would recommend to all those plebs from B category to stop doing any public routing node and use only private nodes for their own simple use. To the plebs from A category, but without large liquidity, please stop what are you doing and run just private nodes enough to cover your own low needs to use LN.

People MUST understand that running a PUBLIC routing node is a very serious task. And other node runners, please stop this madness, pushing any noob into running a public routing node! Running a public routing node without any knowledge is pure madness and is doing more harm than good, to themselves and to the entire network.

I explained in more details in these guides:

52 sats \ 2 replies \ @TheWildHustle OP 25 Oct 2023

10 sats \ 1 reply \ @DarthCoin 25 Oct 2023

LN needs now more good LSPs and good routing nodes. The era of playing around with shity RPis to learn is over. Now comes in place the professionals, the amateurs should move away and use private nodes.

We need more quality not quantity of nodes.

To all those that will jump in to say about "decentralization", "helping network" and other bla bla bla... please learn first the difference between public and private nodes and then we talk.

10 sats \ 0 replies \ @Bullen 25 Oct 2023

The era of playing around with shity RPis to learn is over.

Well dog gammit, I am waiting for my rpi5 for this reason.

41 sats \ 0 replies \ @shyfire 25 Oct 2023

I don't think lightning needs the support of amateur node runners with low ( < 1 BTC) liquidity anymore. They were a stepping stone to bootstrap adoption but we are beyond that now. So yeah, what Darth said.

31 sats \ 2 replies \ @2bithits 25 Oct 2023

I might run a LN routing node again when I'm set up in a place to stay for a while.

Also, I'd prefer to have it operating more securely. And a few other smaller details like being able to auto balance my channels.

51 sats \ 1 reply \ @justBrian 25 Oct 2023

Lightning terminal has worked well for me for fee management and lightning jet for auto balance 🤙

31 sats \ 0 replies \ @TheWildHustle OP 25 Oct 2023

Node management will get easier and easier,

I'm mainly using Terminal, Magma, Lightning Network +, LNDg

It'll be interesting to see the UI/UX with splicing on LND