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C-Otto 🔸
54eb734c9375f404fb4c069638c2dd870c32b81db8b2c1d36fa4ab511e367fb5
I took the 10% pledge https://www.givingwhatwecan.org/pledge

stacker.news crashes (Firefox), is that a known issue?

#bitcoin

I can only provide information for ftp.halifax.rwth-aachen. de. The database is 5 GByte in nominal size, and consumes 2.7 GByte on disk (via compression). I don't know how many notes are contained, though.

c-otto.de routing node history with a bit of data

https://stacker.news/items/922297

Replying to Avatar jack

Is that a new feature?

Replying to Avatar LNBϟG

Hello everyone! I decided to try out a new optimization algorithm that came to my mind recently. It works as follows: channels that haven't been used to send payments in the last 14 days are considered suboptimal for maintaining liquidity, and I close such channels.

Also, to avoid closing channels that were opened less than 30 days ago, because I take on the commitment to keep a channel open for at least 30 days, I exclude those channels from this closing condition.

Previously, I thought a channel was well utilized when the amount sent and received exceeded the channel's capacity, meaning that payments at least once fully utilized the entire channel. But now I realized that's not entirely correct, because there could be channels that were used well and actively several months ago, but for example, no payments have been made in the last two weeks. Does it make sense to keep such channels? I think not.

Today's closing algorithm, it seems to me, won't lead to a decrease in the number of passing payments because it will close channels that haven't used a single payment through the #LNBiG network in the last two weeks.

What's most interesting is that there are actually a lot of such channels. It's approximately one sixth of the total capacity I'm using on my side in open channels at the moment.

Yes, and I almost forgot, I decided to execute the channel closures right now because the Bitcoin transaction fee is currently at its minimal level, and channels can be closed with a fee of 1 vbyte/sat

#LightningNetwork #Lightning #LN

I think that's a good idea, in principle. Personally, I also take into account incoming transactions, earned fees, and a channel's contribution to rebalances. In general, anything that might be beneficial to me is rewarded, and channels with a low score are closed at some point (not within the first 45 days ignored, as new channels need some time to warm up).

Details: https://github.com/C-Otto/lnd-manageJ/blob/main/rating.md

c-otto.de has been around since May 2018, previously using the name ftp.halifax.rwth-aachen.de. I don't know if that still counts as an old node 😃

If I knew how, I would add dedicated statistics for the relay on http://ftp.halifax.rwth-aachen.de. Since January (I don't have older data at hand), the server sent out 9 PByte of data. 104 TByte would be 1% of that.