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181 sats \ 13 replies \ @SimpleStacker 6 Jan \ on: How are you doing with the new SN changes? meta

Do you have a direct channel to SN? If not, it could be routing errors. I imagine liquidity to SN is super jacked up right now because of the update

355 sats \ 12 replies \ @k00b 6 Jan

It is. I'm going to need to figure out how to automate it. Everyone is using coinos which has reachability problems. I opened a fat channel to coinos, forgot to make it private, and the liquidity got eaten before I updated the out fees.

379 sats \ 0 replies \ @SimpleStacker 6 Jan

My capacity with SN gets eat up almost immediately too on my routing node. The node I use for zapping and getting zapped has only one channel and that's why the capacity is stable.

On a positive note, it looks like demand for lightning capacity (at least in/out/through SN), is outpacing supply. That's bullish for Bitcoin and the future of lightning.

16 sats \ 0 replies \ @nym 6 Jan

I wonder how long they can keep operating.

252 sats \ 9 replies \ @k00b 6 Jan

If someone put a node between us and coinos and managed the liquidity/fees better than I do (not hard 😅), they'd probably make a good return.

209 sats \ 8 replies \ @SimpleStacker 6 Jan

Brilliant. I'll try opening a channel to them tonight.

659 sats \ 5 replies \ @SimpleStacker 7 Jan

Ok, I am now sitting in between coinos and stacker.news. Got about 100k inbound capacity both ways and plenty of outbound capacity.

base_fee_msat = 1000
fee_per_mil = 100

we'll see what happens... if anything...

168 sats \ 4 replies \ @k00b 7 Jan

I opened a 4th (lol) channel to them tonight which I hope doesn't thwart this experiment.

Regardless, SN pays 3% on outbound from our node for zaps, ie if a single great peer captured all of our zap outbound, they'd make up to 3% of all of SN's p2p zaps.

So if routing is something you're into, it might be worth taking advantage of (and I'd jack up that ppm).

97 sats \ 1 reply \ @SimpleStacker 7 Jan

I have no idea what I'm doing with respect to fee rates lol. I'm flying by the seat of my pants.

49 sats \ 0 replies \ @bief57 OP 7 Jan

I'm trying hard to understand what you two are talking about, but I can't. I could only understand that you are collaborating to improve SN. Thank you.

0 sats \ 1 reply \ @SimpleStacker 7 Jan

Ok, I upped my ppm to 500, and last night I routed 3 transactions from stacker.news to ln.coinos.io. I don't think these were zaps though, because they were on the order of 10k-30k sats. Rewards withdrawals, perhaps? Or maybe just routing.

Since I've been up, I don't think I've routed any zaps. Maybe it's my 1 sat base fee that stops it?

30 sats \ 0 replies \ @k00b 7 Jan

We have a direct channel that hasn't been drained that might be getting used more often than yours.