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0 sats \ 4 replies \ @justin_shocknet 6 Dec \ on: Lightning node runners amount of money lightning
Lightning node's are hot wallets, never put your whole stack in there.
Capacity depends on your use-case, if you're a merchant just receiving payments you may just decide to pay 10-20k sats for inbound capacity from an LSP and not actually tie up coin.
For spending, you probably want the channel open costs to be a small percentage of what you spend in a given period... so what do you spend sats on? how much is that? how frequently is that? Then determine what multiple makes the investment in a channel economical? 10x, 100x, 1000x?
Routing is a business, that's a whole other animal...
I was talking about routing node and unfortunately I forgot to mention that :(
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I'd say find another way to earn sats then, its a lot of risk and management for little to gain.
Routing is something that's ideally a by-product of another business, another business that just happens to be running a public Lightning node. Think of a business you'd like to receive sats for first, then stand a node for that business to receive payments and grow your network organically.
The best mental model for routing fees are that they aren't meant to be earned, but simply to make the network function. Breaking even on fees you've earned vs. fees you've spent making payments is what makes Lightning transactions effectively free.
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First I don't have a lot of money, so running my routing node is out of the question. Second, nobody can prevent anyone from running their own routing node. Third, most of the lightning network currently is composed of nodes that are dedicated to lightning, not just as a byproduct. Fourth, if people start routing ONLY as a byproduct of their business, than the question still stands. How much money will the business keep in it's channels? Will they have onchain funds at all?
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nobody can prevent anyone from running their own routing node
tf does that have to do with anything? who said otherwise?
most of the lightning network currently is composed of nodes that are dedicated to lightning
The lightning network requires lightning nodes, yea duh... the known capacity of Lightning is predominately businesses that accept Lightning payments and therefore run a node. The routing fees they earn are a by-product of that other business running a node.
How much money will the business keep in it's channels?
What are it's goals?
Will they have onchain funds at all?
Does the business necessitate it? Do they have a treasury or not?
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