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0 sats \ 5 replies \ @GlobalThreat OP 24 Nov 2023 \ parent \ on: Can someone help me do a circular rebalance between two channels in RTL? bitcoin
i dont' understand how does sending money from my LN in RTL to another wallet create liquidity for my LN?
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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