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110 sats \ 3 replies \ @andyleroy 30 Sep 2022 \ on: AMA - Danny Diekroeger (Deezy Lightning) bitcoin
Hi Danny, thanks for all your work in the Bitcoin and Lightning space, and thanks for taking time for an AMA.
What are the biggest challenges for you as a large routing node operator?
What are the biggest operational challenges for Cash App running a group of lightning nodes?
biggest challenges as a routing node operator:
- keeping flows and channels balanced
- ensuring you're not opening up opportunities for your liquidity to get drained
- what to set the fees!?
biggest operational challenges for cash app:
- dealing with the constraints the legal team put on us that we can only connect to 3-4 vetted peers lol. makes routing payments for low fees much harder when you are restricted with who you can connect to
- keeping the deposit invoices small enough to scan was an interesting challenge. the more nodes you have, the more route-hints you need in the invoice. not too hard to solve (just select which nodes you wanna put in the route hints) but i was interesting
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Thank you for your insight.
Rolling up through Block as a public company, are you all subject to compliance for understanding and reporting payment details and amounts (issues like AML)? Or audit requirements for 'material' capital deployment?
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yeah Block is subject to all the legal things
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