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0 sats \ 7 replies \ @GlobalThreat OP 23 Nov 2023 \ parent \ on: Can someone help me do a circular rebalance between two channels in RTL? bitcoin
yes, i think that's what's happening, how do i fix?
Your problem is that you need inbound liquidity.
So the quickest an easiest way for you is to send some funds to a mobile wallet or another node you control, or even on you Stacker News wallet. you'll get instant inboud for your zaps.
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You also have other ways to get inbound liquidity using lightningnetwork+ https://lightningnetwork.plus/, which allows you to create "triangle liquidity": basically you find 2 people who also want to get inboud liquidity, they open a channel with each other, one open to you, and you open to the tird one, thus creating a triangle in which everyone got inboud. It works really well used it many times.
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You can also use Amboss Magma market place to pay for inbound, never tried it but I heard it works https://amboss.space/magma
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There are also lightning service providers providing inboud for a fee but i don't remember exactly which one
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Finally you can use swap services, like Boltz https://boltz.exchange/, which allows you to do submarine swaps. To sum up you send with LN to their node, and you receive on a on-chain address trustlessly, but for a 0,5%+miner fees fee. The network fees are relatively high right now so you can swap to Liquid with Boltz if you have a Liquid wallet to reduce the on-chain fees, but you need a liquid wallet in order to do that.
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i dont' understand how does sending money from my LN in RTL to another wallet create liquidity for my LN?
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In a channel the money is either from your side and then you can send, or your peers' side so you can receive.
If you open a 1M SATs channel then the funds are on your side of the channel and then you can send. If a peer open a channel to you then the funds are on his side meaning that you can receive from this channel.
You should quicky learn the basis of LN you'll find it's not hard at all to understand how it works broadly.
Do not take it badly but how did you set up a LN address for your node without knowing how it works ? Genuine question cause it's seem much more difficult to me than only having a node up and running
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i created a btcpayserver instance using lunanode.
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Ok I see
Have a quick look at this and i think you'll be up and running, don't hesitate if you have further questions
https://bitcoin.design/guide/how-it-works/liquidity/
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quick? lol
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Yep, 20/30 min of your time is quick if you want to understand the basis of non custodial sovereign LN.
Otherwise just use a mobile wallet and your stackernews's LN address for zaps
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