Get in tune for a nice weekend.
Still kindof a nub myself, but I'll give it a try:
It always depends on what you're trying to achieve.
If you just want to hold your keys and need a channel only to zap and be zapped, small channels are ok, maybe even make them private, so you're the only one using them.
(Lightning-)Fees don't really matter on private channels, I'd do a small zero-fee channel with you if you need one, just gimme a hint.
If you want to route other peoples Tx, bigger is always better, in terms of network-liquidity and fee-settings.
example szenario:
you open a channel for 99sats and assume you might be able to close it for another 200sats.
You'd set the fee of a 1M channel to 300ppm, so if the channel just gets drained, you don't lose money.
For a 10M channel your low-risk-fee-limit would only be 30ppm though, which means cheaper Tx (and better liquidity) for everyone.
And for the sooner rather than later question, that's just a matter of the mempool/on-chain-fees really. Everytime the fees are low is a good time to open (or close) channels, no matter the size, now or someday.
Yep, it is.
Pretty cool that you can open channels for 99sats these days, or even less if you batch more than just 2 channels into one Tx at 1sat/vB.
And it feels good too. 😉
I already liked the old one. When I bought it I didn't even know it was just a chinese (or whatever) copy. No surprise that the real one is even better.
It's about a hundred bucks though, but worth every penny.
Did that for a while to me too. A local instance on running my umbrel is much faster though, so that's what I use.
That's what I call a Good Morning! Hope you have one too.
Maybe worth mentioning to be careful which UTXOs to choose to not lose privacy in the process.
If you got KYC and non-KYC sats, you probably don't want to mix them.
Good mornin' weirdos,
weekend's close, you're almost there.
..as a name for my Island that is.
Nah, that already took about 90% of my braincells and tbh i really liked Bob... more than Boobs anyway.
Boobs?
After more than 25years my trusty old-boy-clone, the best lighter I ever had, started leaking gas from its plastic tank. Now I finally bought a new one and this time it's not even a clone. Hope it lasts at least as long as its cheapish copy.
New vs Old
If I have to ... noStrudel,
but, you know, we can't stop people from just building new things, so I doubt it'll come to that.
Well, 1. it wasn't much of a test, just a geyser donation and 2. I tried,
geyser wouldn't let me send 1m, said it's your wallets limit or somethin',
so I sent 999999 instead, which.. kinda worked it seems.
Couldn't find any other way to donate,
maybe with p2p, you know, without middlemen, the next "test" will be 7 figures. 😉
... anonymous donations are the best they said ...
I'm always looking for peers to open channels with, would rather have some more inbound myself, but depending on your needs, I guess I could open a channel to you.
Just let me know what you need and I'll see what I can do.
For me it is and has been the easiest job I ever had.
Just don't do anything at all, that's one of my hobbies anyway and I'm pretty good at that.