Not enough bitcoin locked up in channels to support a big lighting transaction. Say a whole bitcoin (100m sats).
I think over time, this can be resolved.
Discussion
When it becomes the norm for most people to run their own lightning node the same way now most people have Wi-Fi boxes in their house….??
Maybe. Or maybe a new opportunity for a bitcoin bank like company. They use their btc in lighting, Increase capacity, and charge fees for the transaction to clear. But then why not just do big transactions on chain?
Jon do you run your own bitcoin node?
No not yet. I’ve been wanting to for a long time just don’t have a laptop or computer yet at my house
Look at umbrel or start9 purpose built for nodes. You can open lighting channels too.
Thanx I will
Start9 is amazing I’ve just started running my own. I had challenges trying to download bitcoin core from source and i’m not techie enough to figure out a lot of command line stuff but Start9 has super simple UI so I don’t have to worry about fucking up my node by accident.
TBH, if I was sending a whole #bitcoin, I would rather do it on-chain. It's cheaper and I get a proof.