Subnostr

Honest question #asknostr #plebchain

In an environment where onchain transactions are high, what's the point in learning how to run a lightning node?

All I see are high costs, and extremely steep learning curve, and non-zero risk to your sats. To be clear I'm not looking for 'passive income' or any such nonsense. But I don't see a reason to embark on this if I can't at least keep overall losses minimal.

What am I missing? I don't think 'growing the network' is going to convince a lot of people unless/until the fees go way down.

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Discussion

Anonymous 2y ago

In a similar camp. Curious to see what our pals say

Prem 2y ago

I use mine for my own personal spending in a private fashion. I have been doing this for 3 years now and am on my third node purely from experimenting. Yes the risk is not zero, but my real experience is I've not lost any SATs. And yes I did open a bunch of my channels at 1 sat.

Entropy 2y ago

Appreciate your thoughts on it!

Tommy Volk 2y ago

As someone who has run a lightning node for almost 2 years now, my opinion on average Bitcoiners running their own node has changed from "it's a great learning experience" to "it's a big time sink and a nontrivial risk and probably isn't worth the effort".

Lightning is centralizing! And I don't think that's a bad thing. It just makes more sense to have a handful of very large nodes that handle most transactions. It is, and will always be, permissionless and non-custodial at the protocol level. There's no barrier to entry if someone wants to start a routing node other than liquidity and good capital management.

Entropy 2y ago

I love the permissionless nature of it. thanks for your perspective. maybe one day I'll be bored and see what I can learn 🤙