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0 sats \ 15 replies \ @User21000000 OP 11 Oct \ parent \ on: Ask SN: Bitcoin node or not? AskSN

True recommend any set ups?

Am I right that my Zeus wallet is a LN node?

Zeus has a lot of options. You can use Zeus to connect and control a node running on a different device. You can also use Zeus with the embedded node option where everything runs locally on your device.

0 sats \ 9 replies \ @User21000000 OP 12 Oct

Can I use Zeus for LN without paying 20k sats to set up channel?

24 sats \ 7 replies \ @ChrisS 12 Oct

Yes. A lightning channel is a 2 of 2 multisig on chain transaction, so it depends on how much on chain fees are at the time but will be much less that 20k sats unless fees are abnormally high. But when you open a channel all of the liquidity will be on your side so you can send money at first but not receive. There are many ways to get inbound liquidity so you can receive payments.

0 sats \ 6 replies \ @User21000000 OP 12 Oct

Wants me to open a lightning channel to send or receive with a minimum of 20k sats . Does that mean I lose those sats or I get to use them it’s just a minimum I need to get going?

24 sats \ 5 replies \ @ChrisS 12 Oct

If you are opening a channel with 20k sats then you will have 20k sats available to spend in the channel. There are other options some wallets provide to buy a channel with inbound liquidity in which you will trade the sats for the inbound liquidity. In that case you will be able to receive right away but not spend. I’m not sure which you are being prompted to do.

0 sats \ 4 replies \ @User21000000 OP 12 Oct

Won’t let me send or receive without a 0-conf channel? Saying the lsp will provide 0-conf channels so I can pay and receive. The lsp will also wrap my invoices

23 sats \ 3 replies \ @ChrisS 12 Oct

You can pay sats from Olympus to open a channel with you with inbound liquidity or you can choose any peer and open a channel with them and all it costs you is the fees of an on chain transaction.

0 sats \ 2 replies \ @User21000000 OP 12 Oct

I’m so lost here I might have to go watch something on it to get my head around it

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1 sat \ 0 replies \ @DarthCoin 12 Oct

You can run a LN node in neutrino mode (without the heavy core blockchain). Here is a guide: #439263 Then connect Zeus to that node and use it remotely. I wrote so many guides about these scenarios...

2 sats \ 3 replies \ @Wumbo 11 Oct

True recommend any set ups?

Check out this post #78866

For Hardware you can find small used pc for a good price.
For Software I would recommended Start9 OS https://github.com/Start9Labs/start-os/releases

Am I right that my Zeus wallet is a LN node?

I am not sure

0 sats \ 2 replies \ @User21000000 OP 11 Oct

So I could just get a old laptop clear out everything else and off I go

2 sats \ 1 reply \ @Wumbo 11 Oct

Yes you could, I suggest you put a new fresh SSD in the laptop.

You will want at least a 2 TB SSD.

Blockchain is ~700GB at the moment.

0 sats \ 0 replies \ @User21000000 OP 11 Oct

I have an old one here with a broken screen but I can use another screen