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21 sats \ 2 replies \ @SimpleStacker 13h \ parent \ on: Question for everyone who runs a lightning node lightning
No, I am not referring to custodial lightning. I am referring to non-custodial lightning wallet where you control your own keys. It still doesn't require you to run your own bitcoin node.
Money investment is only the on-chain transaction fees to set up the channel and any routing fees for pay when using LN.
Time investment is almost zero once you have your channels set up. Time investment only necessary if you want to run a profitable routing node.
Ah gotcha - I misunderstood. Yeah I'm aware that exists as well - wasn't asking about those though. TBH I'm kind of skeptical of non-custodial lightning wallets where you control your own keys as a long term solution - I've seen several app devs just completely ditch that headache after a while...
I think "trying to make a profitable routing node" is probably where I've gotten confused about the cost thing.
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True, long run app support is still pretty shaky. But I think it's the best "middle" solution since running a full bitcoin node is gonna be a hefty lift for most people, and custodial lightning has a lot of rugging / regulatory risk.
And yeah, the time investment and cost for routing is mostly related to rebalancing and liquidity. I also think you need to make pretty big channels in order to route profitably... that's a lot of sats you put at risk.
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