Hello everyone! I wanted to let you know that from around mid-November to about today, which is two and a half months, I kept all my channels with zero outgoing commission (completely zero), meaning the base fee was zero and the fee rate was zero. I did this out of curiosity to see the maximum number of payments and the maximum amount of bitcoins that would pass through. After this period, I can roughly say that under these conditions I had a maximum of 30 bitcoins per day, averaging around 20 bitcoins per day, with the number of transactions at about 20,000 per day. Today I've decided to end this experiment because I don't see much point in continuing it, as it probably negatively affects other participants in the #Lightning network due to it being sheer dumping. Therefore, from today, I raised the fees, but not by much; I set the fee rate to 10 ppm and the base fee to 10 millisatoshis. It will be interesting for me to see how many payments will now go through and what the daily transaction volume will be...

#LNBiG #LightningNetwork #Stats

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Seeing the dropoff as you increase would be really interesting!

Keep us updated. My LNBIG channels have been doing well the last two months. Seeing good outbound fees, but also active rebalancing and inbound routing which makes things easier 🤙

Is this the sum of all your Nodes?

Yes, of course, this is the sum of all statistics from all nodes, meaning I consider all nodes as one big node for myself. The only thing is that the same payment can go through two of my nodes, and thus the statistics will show double the amount. This usually happens when the path to the recipient's node goes through only my two nodes. But I can't determine the amount of such double or possibly even triple payments here. More precisely, it could be done with some degree of probability by taking into account the payment transit time and the hash of preimage. But I don't keep such statistics.

Super interesting! Curious to hear how this new experiment is going. Please keep us informed.

Interesting

I think we had to set our fees high to your nodes to prevent them from draining totally.

Hello. I see you like experimenting. Did you consider running a PeerSwap?