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matevz
642e65ed1060df0f37b49abd014eb0654193a5820063f0ebdbd7471d6948ce04
Matevž
Replying to Avatar Javier

#lightning #fees #lnd #node

I'm really tired of bad node operator that do not take advantage of everything we have and expect for the LN network to work properly. If you have a node, please do this.

I recommend having an automatic fee automator like charge-lnd so channels don't become stagnant:

https://github.com/accumulator/charge-lnd

And put some negative inbound fees for channels with no liquidity:

https://lightningnetwork.plus/posts/185

Any question I will respond below.

A good starting configuration:

========

[encourage-routing]

# 'autobalance' (lower fees so using outbound is more attractive)

chan.min_ratio = 0.98

inbound_base_fee_msat = 0

inbound_fee_ppm = 0

strategy = static

base_fee_msat = 0

fee_ppm = 0

[discourage-routing]

# 'autobalance' (higher fees so using outbound is less attractive)

chan.max_ratio = 0.2

chan.min_ratio = 0.05

inbound_base_fee_msat = -64

inbound_fee_ppm = -16

strategy = static

base_fee_msat = 1_000

fee_ppm = 700

[all-liquidity-is-theirs]

chan.max_ratio = 0.00

inbound_base_fee_msat = -128

inbound_fee_ppm = -128

strategy = static

base_fee_msat = 100_000

fee_ppm = 5000

[discourage-routing-extreme]

chan.max_ratio = 0.05

inbound_base_fee_msat = -128

inbound_fee_ppm = -32

strategy = static

base_fee_msat = 10_000

fee_ppm = 2500

[proportional]

# 'proportional' can also be used to auto balance (lower fee rate when low remote balance & higher rate when higher remote balance)

# fee_ppm decreases linearly with the channel balance ratio (min_fee_ppm when ratio is 1, max_fee_ppm when ratio is 0)

chan.min_ratio = 0.2

chan.max_ratio = 0.98

strategy = proportional

min_fee_ppm = 8

max_fee_ppm = 160

inbound_base_fee_msat = 0

inbound_fee_ppm = 0

base_fee_msat = 128

min_fee_ppm_delta=16

CLN anyone?

At the end of the day, tarrifs are just another tax. This means you're paying more the govt, but getting nothing more in return. In other words the govt is now having more resources and thus becoming stronger.

would it make a difference if the relay would run inside the Trusted Execution Environment with audited image?

That really really sucks 😭 Probably a year of resources we saved with renewables is now thrown away. Let's wait for the investigation to finish.

Sorry, I missed the OP_RETURN debate. I thought the original issue was sending BTC to an unspendable address (which IMO is not so awful). But then I realized it's the blockchain size as whole.

At least in my country, the eng department is more applicable, dealing with tech stack. The CS is more about fundamentals, math, simulations. All PhDs I know of were CS. Employers most of the time don't care if you know how to build stuff and fit in the team.

Replying to Avatar PiecoverBTC

?

they all require KYC

I wrote an xmpp client "jimmy" back in 2000s for java mobile before the android era. It worked fine on my Symbian back then.

Then we used it at our faculty. The jabberd server connected to our ldap too and fetched the directory of all employees so you could chat directly to anyone without messages ever leaving the building. This was around 2010s.

I stopped following dm clients then, but today I'd probably pick Matrix to do the same? Pure p2p chat is tricky. You will always need a kind of a server to store a message when you're offline.