Quote from: flatounet on July 17, 2022, 09:07:58 PM

Quote from: TheJuice on November 14, 2021, 06:30:34 PM

I've been meaning to do a larger write up of my experience once I hit 1M sats in fees.

I run the node Prince, https://1ml.com/node/02644f80b5d32ed9a9888690571159692a17d7ead7db2df5124a8e2a72a8447d30

I am currently ranked 8th on the BOS rankings (https://fulmo.org/bos-score.html) and 12th on lightning terminal rankings. I have 8-9 BTC on my node with about 110 channels (I have more incoming that outcoming liquidity, so that 8BTC is not my investment).

Top line numbers: Over the past 5 months have routed over 6700 payments worth over 1.7 billion sats earning me about 900k sats in routing fees; I've spent about 100k sats in on-chain fees and rebalancing fees. For those doing the math, that comes out to about 0.5% APR on my locked-up capital. Although my volume is steadily increasing and I may be able to get closer to 1% in the next year.

I have everything automated including fees and re-balancing.
-- I use lnd-charge for fees: https://github.com/accumulator/charge-lnd
-- I use c-otto's script for automatic re-balancing: https://c-otto.de/

Happy to answer more questions -- oh, and feel free to open a channel to me. The best way to get started is to open liquidity triangles with people (ie A->B; B->C; C->A). Happy to be a part of a couple here if there is interest. I do require a minimum of 5M sats for any incoming channels.

hello , sorry for quote ,
i tryed umbrel in december ,
and actually im on citadel , got 5"000"000 sat on it ,
i opened a small chan with a dev ( from citadel ) ,

but total newbie , and i see too , to do automatisation for balancing ,tower ?

and thank's for information about triangle (ie A->B; B->C; C->A) it's writed.

any way for a small resume what to do for start ?

i opened chanel like nub ,with lighting terminal ,and pay around 2300 sat for open it
when the guy say me no ,use thunderhub and u can set 230 sat
Huh

just here ,you want to help comunity and ur stolen ....

I'm not sure I understood your issue.
From what I understood, you tried Umbrel and then you quit and tried Citadel implementation.
When you tried to open a channel to someone, you paid 2300 sat fee (onchain) to open it.
Then, you were told you could have paid 10x less than that.

Am I correct?
Well, on-chain fees can always be chosen by the user. However, it may also depend on the implementation of your node. If you use the raw commands from the backend, you'll have the choice to choose while probably some frontends, mostly those more minimalist may only have options like fast, normal, slow/cheaper.

In my case, I always go with the raw commands. They usually force us to read the docs and the learning curve is always rewarding in the future!

Quote from: flatounet on July 17, 2022, 09:07:58 PM

just my question can you resume tool do you use and setting ?
and what the key for open good chanel ?

Not sure I understood this.

You mean what tools we use for rebalancing? Or tools to do what?
And settings for what? Are you talking about opening channels, managing them or rebalancing?

About opening channels, there could be a lot to say or simply not much. Depends on so many things and also your will.
There is nothing wrong with opening smaller channels nor nothing wrong on opening large channels. For me, a small channel is a channel under 400k sats (on each side). Big channel would be over 2.5 million sats on each side. However, these are only my standards. Others could consider a 2 million sat channel. rather small.

Only thing I can say is that the smaller the channel, maybe the smaller of payments go through, but still what one considers small. Another thing is that if possible, try to open channels to people which don't have channels open to others with channels open to you. This is the case of loops. I don't mean they are bad, but I rather open channels in a way I don't create loops so that there are higher number of connections, and therefore, the node may be in contact with a larger portion of the network. But this is only my reasoning. I might even be wrong.

Quote from: flatounet on July 17, 2022, 09:07:58 PM

i have made search , youtube got some video '(JonathanLeviBitcoinfortheMasses)'
but im not english ,speak too fast ,and subtible main are not correct ...

or any good site ,
with what to do step by step ?

There is plenty of information. I'm not sure one can give you a link where all answers to your questions are. This always been and always will be a matter or searching, reading, trying, fixing, searching more, reading, trying again and so on.

Quote from: flatounet on July 17, 2022, 09:07:58 PM

because on umbrel or citadel ,
yes you can open chanel manually ,but you pay fee for balance or rebalance
and like chanel opened , you pay 10 time the price
than a normal/good user ...
and im here for help btc/network and not to be the pigeon ...
to pay 10x the price for chan .. because i use the defaut tool ....

actually im using LNDg ,in automatic
but i dont understand ,know the value to use ....
like balancing chanel , i dont know about autopilot or tower ,
or setting ...

I use Core Lightning and RTL (just for visualization) but I do everything from the command line as I said above. I do rebalancing only very rarely, opening and closing channels I do it manually from the command like, etc.
I don't have anywatch tower setup and maybe I should have one. Maybe I do that in a near future.