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10 sats \ 2 replies \ @dannydeezy OP 30 Sep 2022 \ parent \ on: AMA - Danny Diekroeger (Deezy Lightning) bitcoin
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
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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