Replying to Avatar corndalorian

Stack daily purchases into a lightning channel of sufficient size, and once it’s “full” then either close the channel or swap out some of it to an on chain address.
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deeznuts 1y ago

Is there a README.md for this concept. I’m too lazy to run a lighting node. I do run a BTC node and have a miner on order, but lighting seems like a real PITA to run

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mrclownworld 1y ago

It wasn’t until Phoenix and Wallet of Satoshi pulled out of the US

Umbrel is dead simple though, I recommend it for this concept

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corndalorian 1y ago

I don’t know of a guide. This is a good use for the “node in the phone” wallets like Blixt, Breez, Zeus. Without running your own lightning node you’d have to use a custodial lightning wallet or maybe even liquid to stack each day, and then swap it out to on chain when it’s enough to make a decent size UTXO. But then you’re dealing with the custodial/trust issue.

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Stu 1y ago

I'm the same WRT a Lightning node. I just don't use lightning enough at the moment.

I've only recently started to try out Aqua and Liquid, but I haven't swapped from Lightning to on-chain yet.