Show of hands:
Who actually runs their own lightning nodes?
Discussion
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I have 2 π€£
on a vps, the service is automatically installed?
Aye
about that⦠i have umbrel and start 9 setup but not configured⦠its on my list of things to do along with 2 kids, a line trimmer sitting on my work bench and getting my cold store done
Nice try Mr. FBI π
None of your business π
We have a Layer 1 node and will be adding lightning to it later,
what is the Bitcoin Layer 1 minimum requirement to open channels for minimum liquidity?
Channels should be minimum 1 million sats
Could one:
borrow a million sats,
Setup the L2 node
Send a million sats with the new node to a swap website for L1
And repay the loan
And if so, how long can one keep that open for?
This is like Smokey repaying Big Worm his $200 by flipping the 20's over, isn't it?
IIUC, the liquidity disappears at that point because it's no longer L2, so about a millisecond. It's supposed to be locked.
The liquidity doesn't disappear if you swap it, it just moves from local/outbound to remote/inbound.
Like, you open a 1m sats channel and have 1m sats to spend and 0 sats to receive,
you swap those 1m sats to pay off your loan and then have 1m sats to receive and 0 to spend.
Doable, but just buying a channel with inbound liquidity might probably be cheaper than tx-fees + ln-fees + swap-fees + loan-fees.
Thanks for this explanation. If one uses foreign liquidity, and they go out of business, the seeds can be backed up and restored on a new node? (to not lose the L2)
You can (and should) backup a channel, yes.
You might still "lose the L2" when using such backup due to the channel being force closed, but you'll get your remaining local sats back on L1, so you're not actually losing anything (except maybe Tx-fees for the channel-close).
yes, less the fees on the swap and tx fees
Running a node is like running your little own sovereign bank and creating your own payment network. It's a thing of beauty
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I remember you told me at beefsteak and I inappropriately said "that's sexy"
Running a lightning node is sexy. I donβt make the rules. π€·πΌββοΈ
Iβve got three π
Damn, Mike. The ladies can only handle so much.
Hi Mike ;)
Iβm not that way inclined π«
I just want you for your zaps lol
Take my 21 Sats hush money and letβs leave it there π
Thanks, theres almost 800 different liquidity providers here i am trying to find them all.
My liquidity is not for the likes of you π€£
I canβt keep them off me π
Confirmed π₯΅π₯΅π₯΅
π€£π€£π€£ Only if itβs not LND. Be the change you want to see in the world. Shitcoins on lightning are lame
You must be running like 10 aha
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My human nym runs their own node π€«
Saylor
Did for a while
A few of them.
Started one up recently after the Mutiny announcement
I want to but I would like some help with it.
Yessir π€π»
π
I do
ππ»
Did for about a month and realized it was mostly a waste of time
This isn't a poll, so maybe it's the FBI. Only they would want a written statement and a hand to fingerprint. π
Exactly because the FBI hynts lithning nodes and nostr is the easy iest way to figure out who is who ^^
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yarp
Iβve always wanted to but unfortunately I donβt.
A small one. It ain't much but is honest work π«Ά
This is now a list of money transmitters