Replying to Avatar db42

Nice little hack for getting a little inbound liquidity to your #lightning node.

1. Login or create a stacker news account.

2. From your node, connect and open a channel to stacker news node. (Node ID is in the footer of their website)

3. From your stacker account creat a deposit invoice for some amount of sats.

4. Pay the invoice from your node.

Done! Now you have a channel with Sats on both sides of the channel but you still have control over it all.
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Jedi 2y ago

In theory still your coin, but the half with them is in their custody. You are running counterparty risk and potentially regulatory risk.

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db42 2y ago

Yup correct. You can still “control” the funds on both sides but since it’s custodial you’re right you have the counter party risk. I just use this hack to get some initial liquidity for small projects so I don’t have to beg (or pay) for inbound.