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In case you haven’t heard, SN is going noncustodial. So unless you want Cowboy Credits, you better get your noncustodial setup, well, set up!
I’ve got my Alby Hub configured with a Cashu backend and added a couple of @sn connections (one for sending and one for receiving).
Green light means go so LFG! Let’s see if it works. 😎
21 sats \ 0 replies \ @OT 16 Oct
Seems to work well.
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Cashu backend sounds wild.
No channel management? Can run albyhub on laptop, without a need for it to be on 24/7 to send and receive?
Or no.
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Cashu backend sounds wild.
Wild good or bad? 😎
No channel management? Can run albyhub on laptop, without a need for it to be on 24/7 to send and receive?
Or no.
I’m pretty sure it still has to be on 24/7. But yeah, no channel management (none at all actually). Also has some quirks that I might go over in a post at some time.
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Ha! Wild is always good, of course.
Heard Darth talk about some of the privacy benefits, but was mainly looking at easy solutions for my wife.
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Yup, it’s definitely easy.
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7 sats \ 7 replies \ @nym 16 Oct
Channel management is the thing I dislike most about the lightning network. This is a good start!
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In my opinion Albyhub fixed this.
You can open 2 channels super quick from trusted and recommended sources through simple UI, and call it a day, you'll pretty much never need to rebalance or set fees (depending on what your using your node for). Its pretty simple quick and easy while being a solid sovereign option. I'd give it a look if I were you, times are changing.
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My take? The best approach long term is to get a full node. Commercial off-the-shelf. MyNode, Start9, Umbrel, etc buy one of those and run a full Bitcoin Node and Lightning Node yourself. Once you do you never go back. That way it's on 24/7 and functions like a miniature home server - all your Bitcoin and lightning apps in one place.
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0 sats \ 1 reply \ @nym 16 Oct
I’m still on the fence about getting one. I may pull the trigger sometime
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Honestly 100% worth it imo. Once you get a node you never go back. Using lightning from your own node that is up 24/7 alone makes it worth it imo
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That's only if you're using Alby Hub on the cloud, though, is that correct?
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A good start indeed since you don’t need to pay a large amount of sats (depending on the channel size).
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7 sats \ 0 replies \ @nym 16 Oct
Agreed!
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21 sats \ 1 reply \ @Bee_Aye 16 Oct
zapped you good 😎
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Zapped this post 50 sat. After fees you should have got 35.
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Thanks! 15 sat fee seems like a lot. Is that on my side or yours?
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30% sybil fee is taken on zaps

Previously, we took 10% of zaps for ranking sybil resistance. This is insufficient for real sybil resistance. People still sybil zap their own subpar content at 10% so we've increased this to 30%. 10% isn't a whole lot for the outbound route for p2p zaps either.
As always, that sybil fee that's left over from the territory founders revenue goes to rewards.
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Thanks! Just found that post and this great breakdown by @ek
Example Breakdown of Zaps
100 sat zaps before: 90 sats to receiver (10% sybil fee) + 5 sats (50% territory revenue) + 5 sats (50% rewards)
100 sat zaps now: 70 sats to receiver (30% sybil fee) + 21 sats (70% territory revenue) + 9 sats (30% rewards)
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Also just found this awesome graphic by @Jon_Hodl from Understanding Fees On Stacker News
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34 sats \ 0 replies \ @k00b 15 Oct
He's talking about the 30% sybil fee on zaps.
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21 sats \ 0 replies \ @nym 15 Oct
LFG!
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