@zerofeerouting
28,094 sats stacked
stacking since: #33463
by
for
Try to ask the peers with the pending channels to force-close them on you. The funds should be returned to your node's on-chain wallet.
  1. LN+ is an excellent way to start up. Just make sure you're really willing to commit to the duration of the swap. It's really easy to lose credibility in this space if you close channels that you've committed to keep open.
  2. Didn't know about that but I think LNBits is a great software and Voltage offers an excellent service.
In May I've made somewhere between 2.5M and 3M providing liquidity to the lightning network.
Neither do I attack the network, nor do I subsidize attacks, nor do I get paid by anyone but the node operators buying inbound liquidity from me.
Alright! About an hour later, no new questions for a couple of minutes, I think we can call it a day!
Feel free to drop additional questions here and don't forget to follow me on twitter if you're not already doing that: https://twitter.com/zerofeerouting
Also - in case you want an inbound channel from me - head over to my website and get one: https://zerofeerouting.com/
Haven't done a Pickhardt Payment myself yet, but it seems to be a real quantum leap for lightning payments.
Not the best of news for small routing nodes though, since PP prefer larger channels (due to their higher probability of being able to route a payment).
Sure, followed! But don't you dare start shitcoining.
Not looking to much into my forwards actually. But I have seen more than .2 BTC moved in a channel by one forward event.
As mentioned in another response:
The "Mastering Lightning" book by René, Laolu and Andreas is a good start. If you're more into web stuff, the plebnet wiki and the plebnet telegram group are a good point of entry as well.
Rene Pickhardt's videos on youtube are very informative as well.
As a lightning centered podcast, I can strongly recommend "The Kevin Rooke Show", you should give him a follow on twitter: https://twitter.com/kerooke
It is important.
Sender privacy is already pretty good.
Receiver privacy is not that good (since the has to know the receiver's node) but IMO not that important for businesses. For personal use there are wallets that have implemented "fake" (i.e. rotating) pubkeys per payment, or you just use one wallet for receiving funds and then move the funds away to your "real" wallet.
This is my impression as well.
I want to push lightning adoption as far out as we can.
Two factors (besides merchant adoption) are critical for this in my opinion:
  • fast (like in < 1s fast)
  • cheap (ideally free) payments.
Yes, but you have to be willing to work outside your comfort zone and learn. A lot.
  1. CLN
  2. On-chain fees for force-closes
  3. The "Mastering Lightning" book by René, Laolu and Andreas is a good start. If you're more into web stuff, the plebnet wiki and the plebnet telegram group are a good point of entry as well
  4. AMD Ryzen 9 5950X, 128GB ECC RAM, 2 x 4TB NVMe (RAID1)
  5. Songs:
Not something very special.
  1. I run a script every minute adjusting max_htlc to avoid routing failures.
  2. I run a script every minute to open channels that have been paid to my BTCPay server
  3. I run a script that force-closes any channels BitPay may open to me
  1. Yes. This may be in the cards.
  2. No. Funds on lightning are inherently at risk due to the off-chain funds being hot by definition. There is no way to mitigate this.
Honestly - every business tries to optimize their return on investment. Mine is currently .5 - 2 % (not including my time and the cost for the operation).
So - we will see.
LND: Easy to start, flashy, tons of tooling, huge community but a whole bunch of weird bugs and problems.
CLN: Efficient, lean, professional but steeper learning curve and very little tooling.