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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
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0 sats \ 1 reply \ @andyleroy 30 Sep 2022

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?

https://www.acfcs.org/acfcs-exclusive-whitepaper-the-lightning-network-deconstructed-and-evaluated/

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10 sats \ 0 replies \ @dannydeezy OP 30 Sep 2022

yeah Block is subject to all the legal things

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