Nostr Web Client

Yesterday I finally set up my Alby Hub, after much nagging by Alby. I'm running it on my permanently online machine where I also run my Bitcoin node.

All I know is that after pushing the button to "establish your first LN channel", suddenly my balance went 18+k sats down (network fees, I guess? No explanation, no options, nothing)

Also I now seem to have to be on top of "balancing my channel" (or what?) with whoever they picked for me, because I had no option to pick anything...

I don't see any upside whatsoever to any of this shit, or at the very least the onboarding process and the explanations about what the fuck is going on at every step suck massively.

For the record, I've always had ZERO interest in Lightning. I don't think it makes any sense, and I don't think it's Bitcoin. I did it just to have direct experience, so I can bitch about it.

Chriso🇺🇸🇦🇺🦘⚡️ 1y ago

For Alby Hub to work, you need a channel to send and receive funds. It was my understanding that if you already had established channels, then you wouldn’t need to open a channel for it to function. Sounds like you didn’t have any channels opened so your sats went to purchase liquidity rather than actually open a channel. What is your sending and receiving capability? I’d assume it’s more than 18k in sats. This may also be a monthly fee so you might check on that and get out now if you have no interest in Lightning.

My experience with Alby Hub has been completely different but I had a good idea about how it worked before installing it. I loaded it on a second node and opened a channel from my primary node to the Alby Hub Node and it the only thing it cost was the channel opening fees.

Good luck. Hate to hear you have no interest in Lightning. Still glad to see you here on NOSTR. Have a great day. 🤙🏻☕️

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Discussion

hh 1y ago

Thanks for the concern and good wishes. What do you mean "a monthly fee"? To have a channel open? If that's the case, I'm absolutely undoing this immediately by any means I can -- I may stop using Alby altogether.

Chriso🇺🇸🇦🇺🦘⚡️ 1y ago

This is what I’m talking about. Maybe it’s not the way you set it up. Maybe it was a one time fee to open a channel with one of their LSP’s.