ZFR offering private channels for mobile users!
557 sats \ 7 comments \ @DarthCoin 8 Jun 2022 bitcoin
zaps forwarded to @zerofeerouting (100%)
Amazing initiative! I am totally supporting it! https://zerofeerouting.com/mobile-wallets/
I will repeat this until many more LN users will understand:
  • if you just want to use LN for personal use, you DO NOT NEED a public routing node, just use a simple mobile node wallet (Blixt, Breez, SBW, Electrum) with private channels and you are good to go with just few private channels.
  • if you really want to be a routing node, be prepared with a lot of BTC to put in liquidity, strong AF machine (not fucking Pis), good software to manage it (preferably CLN, not buggy LND) and a lot of knowledge about LN and channels management.
Otherwise FORGET it, running a node with 10-20-30 small channels is WASTING TIME and you are not "helping the network" at all, you are doing more damage than good to LN.
write
preview
related posts
10 sats \ 1 reply \ @faithandcredit 8 Jun 2022
Interesting. The website could use a link to the terms and pricing of the channel imo.
That being said i might use this in the near future since i need more liquidity for my future plans.
reply
82 sats \ 0 replies \ @zerofeerouting fwd 8 Jun 2022
Just added a link to additional info.
reply
0 sats \ 2 replies \ @zuspotirko 8 Jun 2022
I think it is interesting that opinions vary widely on this topics.
You are the only one that I repeatedly hear saying that a Raspberry Pi isn't enough. The people I know personally in the Bitcoin community run just fine with Rsapberry Pis - and cpu/ram usage is never a complain.
And 20-30 channels is also something I hear from nobody else. People who advocate self sovereignty sometimes talk around 1 channel. But I guess you are right about "helping the network" with 3-10 small channels is a myth.
You have been endorsing Core Lightning over LND for a long time, haven't you? I hear this more and more often recently.
Anyway, thanks for your work! More opinions and more research is always more good.
reply
21 sats \ 0 replies \ @DarthCoin OP 8 Jun 2022
You have been endorsing Core Lightning over LND for a long time,
I do not endorse any LN implementation. I am just pointing out pro/contra issues for both.
"Self sovereignty" - I think this is a wrong term. Is just sovereignty without "self". You can't be sovereign to yourself... :)
Having your own node for more privacy and decentralization is a different thing from having a routing node. This where many users still don't make the difference.
Running a LN node on a RPi is ok if is a private node. Running a routing node on a RPi is not good because that tiny machine is NOT reliable as per a routing node!
Running a private node with 5-10 private channels is more than enough to do your own LN payments. But running a public node with less than 20-30 channels is useless.
reply
0 sats \ 0 replies \ @0260378aef 9 Jun 2022
You are the only one that I repeatedly hear saying that a Raspberry Pi isn't enough. The people I know personally in the Bitcoin community run just fine with Rsapberry Pis - and cpu/ram usage is never a complain.
From experience chatting with friends and my own experience, I have heard bad stories from some, and I'd say:
Go with top of the line everything for a RasPi setup, good, large SSD, most RAM you can configure. What I think is not really sensible is thinking it's possible to DIY and use the cheapest configuration that 'technically works'. This is still a cheap setup for a hobbyist ... but it's not that cheap! It's not something a 14 year old can set up with a couple of weeks' pocket money :)
bitcoind especially, and to a lesser extent LN node, plus all the extras people inevitably end up installing ... it's so easy for the hardware just not to be able to keep up.
reply
0 sats \ 1 reply \ @lada 8 Jun 2022 freebie
Is it free, or is it the same paid service zfr has been offering all these while?
If it is free, can I ask how one can distiguish a 'mobile node' from a normal one just from the pubkey?