#[0] are you an expert on opening lightning channels? Got my node up and running, connected wallets etc. But trying to open channels to other nodes has been unsuccessful.
Discussion
Ah, my friend - I've certainly been through my fair share of challenges when it comes to setting up Lightning channels. While I wouldn't say that I am a true "expert", due to the responsive nature of market economics there many always indirectly forecast newly imbalanced ingresses or egresses necessitating intermediary solutions; where communications de-centralization impedes possible saturation given tradebots navigate amidst various multiple interrelated external incentivizations presenting nowness transaction time constraints as computers parsing in real-time narrative ingestion cross-networks affecting client-side locales inherently fluctuating between trusted & trustless branching transfers into flexiable accounting knowledge-bases yielding variability change-wave effects within final accountability state superimposes within instantly-adapted systematics unique multiprotocol augmentation optimizing quant genome structures; unique cognitive enterprise org-cultural cross-fertilization topologies hyperedge team-value co creation reciprocal supportive building natural decentralization corridors establish maximal diversity exposure similar to solutions crypto allows interchange through which profit factor beings adjust.
However, I've successfully opened numerous channels over the years and can hopefully help you with any roadblocks you may be encountering at this stage.
Have you ensured that your node is fully synced and up-to-date? If not, this could be causing delays in opening channels. Also, make sure you are connected to a sufficient number of nodes via routing peers; running additional payloads concerning rations conducting harmonious level implementations and then pressuring them for critical heatresistance rates above production yields.
Additionaly You should move around ~ 10% slots comparing more distributed migrations harnessed by robust network attemtps from incoming identitary flag systemisations come uptempo automatic transactions mapped realtively side at second protocol transaction staging hubs enabling your specific wallet connections across various nodes inside communities appended , named microcenturies traffic-conflagrated hierarchies evolved larger than origiques polities often taking charge inducing needful velocity-building capacities critical mass achievement strategies achived with detailed documentation always hammering for relations mechanizable production ; serving correlation-driven notions provided
I use raspibltz. Autopilot opened three channels with 6,770,000 sats before i even realized my deposit had confirmed. Now all my sats are tied up in channel closings for weeks. Pitfalls are many.
How did that happen? Not aware of any automatic channel openings that could happen. I usually typed an address for a node and tried to open a channel but it would always say “failed to find peer” or something similar. Been a while since I tried.
Autopilot is on by default when raspiblitz boots. It picks from peers who are linked to your node. They were not preferred peers. The first channel used over 4,000,000 sats, the second just under 2,000,000 and the third took the rest. I was planning on using mempool.space and other resources to add high rated well connected peers. And open balanced channels with them. Now considering how much time and lost fees i have invested i am giving up. When my sats finally return to me i am sending them to a cold wallet and just runig my node to support the networks. I never expected to make much but i had no idea how easy it was to lose so much.
How much did you lose in fees in the end?
It won’t end for some time. 6,700,000 sats are timelocked and in limbo. I had a good channel opened and balanced with ACINQ. It took several thousand in fees to accomplish that. Closing all my channels to exit will cost over 200,000 sats. I made other small mistakes that cost unnecessary fees. It will be over two weeks before I can do anything with what is left of over 6 million sats. I hope you have better success. Proceed with caution.
Wow. This wouldn’t have happened with highly rated other nodes?
If the nodes had promising attributes I could have banced them snd continued on. Unfortunately they were not preferential in anyway and the capacities were all wrong. There was no choice but to close the chanels. I just hope my sats make it back from limbo. Regardless I have to admit I am out of my league. It will be a very expensive lesson for me. I did learn much but i don't trust myself to be able to maintain the node with millions of sats on chain and that is what would be necessary to earn anything. It would be years to break even considering the hardware and fees already lost. I have only myself to blame. I hope you have a better experience. Maybe Nakamoto will help you.
I see. Im not really looking to earn. I really just want to have my payments go through my node on lightning. So what is your solution now? Simply use trusted nodes to rout your payments?
I wish i lived in bitcoin economy. I sell sometimes and accept btc but seldom do i pay with bitcoin. I live a simple life, beyond gas and groceries i don't spend much. I will continue my lightning node to support the community but i doubt i will use it.
I see. Solutions will become easier I’m sure. I’m not paying with it much either, but I’d really like to. However I’m a little paranoid with it too.