Revisiting this thread since it stuck in my mind. Does just making a node available to the network give you volume, or do you have to specifically tie into a known active transaction network or promote somehow for volume? Feel free to save typing and link me to where you’ve answered such basic questions before if you like. I’ve never explored the moving parts of lightening other than as a user, so you sparked my curiosity into something new to me.

Happy Thanksgiving. Hope you are able to get near friends and family. 🍗

Reply to this note

Please Login to reply.

Discussion

Making the node available and opening channels you will certainly get some traffic and routing.

But that alone is not enough for it to be sustainable / profitable.

Lightning at the base from a noderunner’s perspective is a liquidity marketplace. Buy low, put that liquidity where it is needed, and sell high. It’s a bit of an art and learning curve to do this effectively. And a constantly moving target as well, since liquidity, volume, etc on the network as a whole are constantly shifting.

nostr:nevent1qqsdduk5emnu4cg975w4s4nz6s93w87gqmf657f3uh9e493c997lv3qpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgm0le32

nostr:nprofile1qqsytyzt9rl7pewtjye0ngywjahd0u8u2lvrsaupa2wgpujkcsfvrdqpzemhxue69uhhyetvv9ujumn0wvh8xmmrd9skcq2ywaehxw309u6kk7r5xe4x5enfdf5ngcmpdgmxjcmjx3snvvmsw5exv6nzwecrwefkxecrv7nyva3kvcn2094kgvnzv35xzdfn09jzummwd9hkumu669l it’s caught my attention as well

An infrastructure play, with Bitcoin/sats, with yield, in a growing market, high barrier initially

You could see specialist funds popping up to add liquidity

I wonder how you could do it in a non-custodial manner for an investor?

Lots of questions

I’ve got Jesse from Amboss joining me next week on the podcast so keep an eye out for that

🙏🏻

Fantastic. I spent time talking with Jesse in Nashville, and his comments from our conversation actually lead to my question earlier. Jesse was talking about the need for transaction volume, and finding it to achieve a volume of yield on your staked coin. Anyone looking at this thread with intrigue; pile your filler questions to Jake so we get some good pleb how-to angles worked into his cast.

Awesome, will be tuning in! 🤙

Yes this is the big key, how to do it non-custodial? I’d love to be able to take on/manage more liquidity— I could easily offer a fairly guaranteed 5-10% yield and still cover costs plus earn a cut for ‘liquidity management.’ But I am not about to start holding custody of other people’s funds, and a lightning node in essence is a hot wallet— so not altogether without risk, especially as the value of liquidity under management grows. Can’t wait to hear what ideas nostr:nprofile1qqsrjxqeute0zwusetrjp9qeadt5aa7q686wsxr8lsjvg73uuh52yjqpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp064a45g might have to add to the convo

Nice. I’d like to hear from nostr:nprofile1qqsrjxqeute0zwusetrjp9qeadt5aa7q686wsxr8lsjvg73uuh52yjqpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp064a45g as well

Got Jesse joining the podcast next week so we can learn from this insights as well

A software that automatically manages based on your proprietary analysis or proprietary reports recommending management strategies could be a big thing for you.

In the same way that analysts sell information, “buy alerts” or something along those lines, you could sell to lightning channel operators

A subscription like substack

Or a private 1/1 coaching program

Even a weekly mentor call

Lots of ways to package it up