Quote from: HI-TEC99 on June 29, 2019, 07:18:02 PM

Quote from: LoyceV on June 29, 2019, 06:48:52 PM

It backfired when I tried to open a Lightning Network channel with a low fee, and the channel was closed when it didn't confirm within 24 hours. Closing the channel meant a much higher fee did CPFP.

Talking about LN: is that a subject here in WO? I only follow this thread once in a while (there's just too much to read), but considering the level of Bitcoin fans here, I'm curious if it's used

Boblawblaw tried messing about with it some time ago. I think he gave up after having similar experiences to you.

Quote from: BobLawblaw on July 10, 2018, 03:01:51 PM

...

Playing with it over the last 4 months has been... well... a bit of a slog TBH as things were approaching the 0.6 release.

Funded about 0.5 BTC to play with across a bunch of channels, pulled out 0.26 BTC after shutting everything down. Fucked around with Satoshi's place a bit, bought some stickers, but I believe most of the 0.24 BTC I didn't get back was blown on channel open/close fees, and possibly just "lost" due to bugs and shit.

Whatever.

...

Thanks

I didn't run a node, I just tested a few Android wallets. And I must say it works quite well as a user, I really like the possibility of sending a few satoshi from one website to another (I won't advertise them here) and back to my wallet. All this in a few seconds!
Opening and closing channels is indeed quite expensive, but as long as I'm not running a node, I don't need that many channels. I wouldn't dare fund it with anything serious, it's now really just play money.