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14 sats \ 1 reply \ @nout 21 Jan \ parent \ on: Houston Bitcoin Meetup #42, Thu, Jan 23, 2025, 6:15 PM events
Now you are just rubbing my nose in it :D Yeah, I understand ~events is for meetups...
"It seems that the factor of 4 was chosen empirically (based on experience) so that segWit gets a sufficient discount, without damaging the network (which would be the case if the factor were higher)."
https://bitcoin.stackexchange.com/questions/119620/why-is-the-discount-on-segwit-data-exactly-a-factor-of-4-and-not-5-6-or-somethi
Yeah, as you said it creates one channel with acinq that it keeps updating (using "splicing"). The fees are currently following
Operation | Fees |
---|---|
Sending via Lightning | 0.4 % + 4 sat |
Sending on-chain | mining fees (user-chosen) |
Receiving via Lightning | 0 (no fees) |
Receiving via Lightning with insufficient liquidity | 1% + mining fees |
Requesting liquidity | 1% + mining fees |
Receiving on-chain | mining fees |
Channel creation | 1000 sat |
Have you tried Phoenix? It doesn't have POS, but it syncs and opens very fast. I don't know if the LSP is available though.
Yeah, exactly. The math just doesn't work out for it. On the other hand running the Phoenix wallet (where the node runs on your phone) is quite effective, but it has some downsides in terms of privacy and "blockability".
Yes, that's exactly what happens. And then when you are active on SN and doing good stuff you will actually get sats (not CCs) from the daily rewards. So if you receive CCs, then use them actively on SN and you will actually stack sats (maybe even more) and you can then withdraw those.
How do you cry in the corner if the house has no corners?
Also in the pictures are duplexes with essentially not even studio size.
I wrote a quick summary here: #842835
Essentially Stacker News now supports non-custodial zapping, but if either payer or payee do not have connected wallets, then it uses "cowboy credits" instead of actual sats.
tl;dr: connect your wallet with nwc. For example coinos. I wrote a tutorial for that here #808573