Post
Topic
Board Speculation
Merits 3 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
cAPSLOCK
on 24/09/2021, 12:36:16 UTC
⭐ Merited by vapourminer (2) ,JayJuanGee (1)
Thinking of throwing yet more coin in and building out the node out to properly and respectably rep this fruity thread... In the top 500 for capacity already  Cheesy

Yeah, threw another coin onto the node and looking to establish some quality channels now. Pretty much routed to all the major hubs. Now to look for niches.

There are some nodes that only accept 0.01 BTC maximum for connecting. Fuck that. Not even worth it establishing a channel for that. I'm looking at doing at least 0.05 BTC channels, so, that'll be the limiting factor for me on how I expand out.

Assholes.

I have my minimum set to 1mm sats.  But I am not making any new channels under 2mm for sure.  You can also set your minimum if you like.

As I have thought about this I have considered that MPP may make "smaller" channels much more useful as pathfinding improves and use goes up.  Also as fees go down.  Lightning's revenue model is SO DIFFERENT from bitcoin's in every way.  There is an argument for smaller more agile channels.  But we will see if it plays out.  If it does it will also render channel management "moot" as a little channel is just going to be swept back and forth constantly.  Since I have actively chosen to support routing to ES I am seeing this on my node (at least that is what I *think* is happening, lightning privacy is good).

Now, very LARGE channels also will play a role in that they can handle lots of payments in one direction or BIG payments.  And they can charge a premium for liquidity because of that.  And possibly should since channel management will continue to be a thing for them.  Which means settling in the main chain, or lots of fees to other channels.

Glad to see you back in the pool.