just found out about core lightning’s peerswap and liquidity ads, these seem like things that were exactly what i’ve been looking for

will need to research more

if you run your own node, what’s the most private way to have a working permanent self sovereign zaps link?

if i wanted to become more handy, what would be some good projects to start with?

i was going to try make a chopping board (just seems like some simple cuts of wood, glue, clamps, sand, finish) - but, i also wanted to know what would be the best glue / finish to use if you’re going to be prepping food on the chopping board?

any other ideas? any suggestions on the chopping board?

no stress at all mate, thanks for reading and dropping a comment 👍🏼

i’ve gone through the “gruelling” process of setting my own bitcoin raspberry pi node up from scratch, all on ubuntu server (i.e. completely over ssh) - had a lot of help from the “ministry of nodes” tutorial series (just search that up on youtube if you’re curious)

but, all this lightning network stuff is a lot newer, and has a fair bit more complexity to it than meets the eye (at least for me) - i’ve just been asking questions here, and nice people like nostr:npub1dtcn2yuw2w5rpz09azk47zxyf30zd6kgk2cnzgw78njpv0nn3xqqd7m357 have been helping me out 👍🏼

i just wanna buy non-KYC sats weekly over robosats through my own node 😅

yeah okay, so it feels like a good plan might be to open a 1.5M channel with someone like lnbig (to get some instant inbound)

then, that gives me one channel at least, so i can do a LN+ offer for 1.5M but now i can set a one channel minimum on the offer and participate

then i should have two 1.5M inbounds and one 1.5M outbound

and then hopefully buying some no-KYC sats weekly utilises the channel enough to have it not get closed

and if i run out of inbound i’ll probably just loop-out on-chain so i can store the sats in cold storage anyway

how much do you know about channel closing? is it a risk to get it closed on me? and should i be taking backups, along with running a watchtower, or doing like a watchtower swap or something?

gotcha, i guess the goal of my node was never to be a profitable routing node, i just wanted to be using the lightning network, but doing so in a self sovereign manner (i.e. using my own node)

essentially just want to have one, or a few, well connected channels for mostly receiving non-KYC sats over the lightning network (so majority inbound liquidity), and maybe the occasional spend if there’s something cool i can buy using light i g

but, i’m asking all these questions because i want to understand the process for:

(a) initially getting mostly inbound liquidity from well connected, stable nodes that won’t close on me, and

(b) when the inbound liquidity is eventually exhausted (and i’m left with only outbound liquidity), what’s the best way for me to regain mostly inbound liquidity, and send the now already stacked sats to cold storage (on-chain)

sounds like my best scenario would be to make a LN+ offer (with no barrier to entry so i can participate), hope that others participating are decently connected nodes, then begin receiving sats using my inbound liquidity, and then if i exhaust my inbound then i should utilise a “loop out” service where i sent some sats to a lightning address (using outbound, but gaining inbound), and then the loop out service sends me those sats on-chain, which i then put into cold storage?

is my thinking approximately right?

i think what people often instantly get wrong when thinking about libertarianism (0% tax, no gov, etc) is that at the first mention of these ideas they assume that the libertarian doesn’t appreciate the systems and services that are currently provided by government (and funded by taxes)

libertarians (as far as i can speak for all libertarians, which is not very far), i’d argue, still very much value all of these “common” goods and services

i think most would agree that water, electricity, defence, money, etc. are very important goods and services

it’s just that the libertarian believes that, it’s not just possible, that these systems can operate outside of government rein / state control, but that it’s the vastly superior option

(because the best system flourishes in a voluntary environment where life, liberty and property are respected)

imo libertarianism simply runs counter to any sort of coercive control, or any sort of involuntary system

(but, i’m no expert in these matters)

i’ve wanted to use LN+ to open my initial lightning channels, so that way i get an outbound and inbound channel connection for being part of a liquidity triangle - but, i have no connections and no liquidity through my node atm, and most of the offers have decently high barriers to entry

i could try make my own i think, but i might introduce issues by getting into a liquidity triangle with two nodes that have no connections as well 😅

the rebalancing tools are interesting, but (from my understanding) that only really works if you have multiple channels (and you have to have available liquidity across those other channels)

what are your options for getting inbound liquidity if you only have a single channel, and it’s 100% outbound, or you have multiple channels but they’re all 100% outbound?

are your only options to like pay lnbig to open an inbound channel to you? (and i’m sure that comes with time limits, use limits etc)

or, i’ve heard about “looping out” when you send lightning to some invoice using your outbound liquidity (and therefore moving it to the inbound side), and then that same amount (minus some fee) is then sent to you on-chain?

i think that’s what i’m looking for, but it’s hard to understand how it all works, how i need to set it all up on CLN, and what (if any) services might be required to make it all happen?

gotcha, so the only thing that could change your inbound and outbound liquidity is essentially your own spending / receiving (any routing only would make minor changes from fees, if any)

i heard that with CLN i should be able to open a dual-funded channel? so, open a 3M sat channel that is already 1.5M inbound and 1.5M outbound?

and then if i got to a point where i’ve exhausted all my inbound liquidity, what are the options for rebalancing? is this where all the loop out stuff comes in?

how does switching outbound to inbound liquidity work? is that an easy thing to do? and will the liquidity of my node change much even if i’m not using it (like other side moving liquidity through)?

is it better to have a single 3M sat lightning channel, two 1.5M sat lightning channels, or three 1M sat lightning channels?

and, if i could only have one 3M sat lightning channel, what should i be looking for in a “node partner” if i don’t want the channel to be closed on me, and will mostly be receiving lightning payments weekly, occasionally spending?

#nodestr

when you loop-in / loop-out in lightning to adjust your inbound and outbound liquidity - are you able to do this across a channel that you have with any other node?

or, do you need to have a channel established with a particular node to be able to rebalance that liquidity?

#nodestrich

old mate isn’t keeping channel.ninja repo / website maintained anymore 🧐

#nodestrich seems like a good idea

should i just wait until CLN implements splicing before i start opening channels?

i still don’t understand who i should be opening my channels with (if i just want the channel to not be closed, and to use it for normal personal use)

could bluewallet be leaking xpubs (if you setup a watch only wallet)? or is that unlikely / impossible?

yes, you need inbound liquidity in order to be sent sats through your lightning channels

so when you establish a channel it’s usually 100% outbound capacity, so you can send those sats OUT from that channel

as you spend, and send those sats OUT, they then become inbound capacity (and can be sent back IN your direction)

but there are some services like Loop and Boltz where you can “switch” your outbound capacity to inbound

i think you essentially send your sats to some lightning address (giving you inbound capacity), and then they send you those sats (minus some fee) back to some on-chain address

unsure exactly how this allllll works (i’m still figuring it out), but it should be roughly correct

how should i open my first channel(s) on lightning if i want to switch all my outbound to inbound, and then i’ll progressively bleed down my inbound capacity as i buy non-kyc sats? and then rinse and repeat

will also want just a nicely connected node so i can send / receive normally too 🤔

is it possible / advisable to open your first lightning channel with like 85% (or 100% even) inbound capacity?

if so, how?

and once you move all of your inbound capacity to outbound capacity is there any way to withdraw outbound capacity onchain and then reset your inbound liquidity?

whole thing is quite confusing 🤣

what are all the possible ways you could lose a portion / all of your Bitcoin that’s locked up in lightning channels? and what are the best practices for protecting against these risks?

asked AI and it said:

“one mix is technically enough to break all deterministic links with your coins' history. However, getting more mixes increases the anonymity set and supplies liquidity to the mixing pools, offering a faster mixing experience for other users. So, while one mix provides a certain level of privacy, multiple remixes enhance your overall privacy”

so that’s the way i’ve heard it before “breaks all deterministic links with your coins’ history” - the way i interpret that is something like “it gives you plausible deniability”

but then, as you mention, the subsequent remixes just would mean that everything gets even more confusing on the blockchain, and the chances of your privacy “by random chance” being unwound is much lower i’d assume

guess i’ll have to wait a few months for ~5ish remixes then 🥴 you’re correct in assuming my reasoning for remix time concerns is hot wallet related