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0 sats \ 0 replies \ @RadentorForNoxus 6 Dec \ parent \ on: Blockstream Green Lightning Sudden Channel Close bitcoin
#1275865
Does it mean Blockstream is not reliable
It's LN feature was always branded as experimental
what would be my best option to use lightning in as much self-sufficient way as possible going forward, but without the technical know how of running a node?
Use embedded LND (zeus,blixt) it's pretty much enough for everyone. Other "easier methods" just offload the complexity to cost or reliability
Is it better to open a channel the first time by swapping from on-chain BTC to my new Zeus LN wallet
You can open your own channel (and emptying it to receive more in the future) or just order an Olympus channel from within the app beforehand.
by sending a Lightning transfer from the exchange directly?
Maybe it's just my preference but, one bigger channel is better than having multiple smaller channels.
When opening a channel I think it will need to be large enough to accommodate the maximum balance I plan to hold on Zeus LN wallet at any given time, not just the size of the periodic transfers from the exchange (= rather than a 250,000 sat size channel I should do 1,500,000 size?)
Yeah, when you already filled up your channel you can just do one swap out to onchain thus bigger payment size would be better
But once I transfer out my larger UTXO (maybe 1,250,000 sats) and my LN wallet is now only holding 250,000 sats, what happens in the coming weeks when I build up again to 1,500,000 via new LN transfer to Zeus?
You would have a lot more receiving capacity
I read somewhere that it would not matter that I initially opened a large 1,500,000 channel, by sending on-chain I would have my channel reduced and basically have to open a new channel again every month or so to accommodate the new balances.
Zeus (LND) didnt support splicing yet dont worry about it
I know it's cringeworthy if you know this stuff
Not at all, everyone gotta start somewhere. What you did well here is re-explaining newly-learned ideas (which imo reinforce the understanding of that topic). Well explained !
Found 2 places from Peach Meet Up Map
Can also use online p2p exchanges. The lowest premium atm is 3.5% on Robosats and 5% on Bisq Easy
Alby & Alby Hub are mentioned here. Skipped Blink cause some of its functionality are locked behind kyc