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126 sats \ 2 replies \ @SwapMarket 23 Apr \ on: LNBig insight about running a LN node lightning
LNBIG has been running for 5 years or so, why only give a five day average? Five days of force closes at high mempool can wipe out years of revenues. So yeah, running a node is an expensive hobby. But a true bitcoiner should not seek yield on his stash. Yield is a fiat concept, because it is needed to treadmill constant debasement.
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12 sats \ 0 replies \ @DarthCoin OP 24 Apr
we are still seeing these kind of noobs around...
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54 sats \ 0 replies \ @03393ec3a3 24 Apr freebie
Yield is not a fiat concept. Risk/reward is a fundamental axiom. If there is no reward (yield), then there is little incentive to take risk.
All LN liquidity is at risk in hot wallets. Because of low yield, we now have hub-and-spoke and increasing centralization to achieve capital efficiency. Node/channel counts are decreasing and average channel size is increasing. It is not debatable; it is a fact: https://www.fidelitydigitalassets.com/research-and-insights/lightning-network-expanding-bitcoin-use-cases
Not a good look. Unless you're a centralized business seeking economies of scale and crowding others out - then it's going just great.