pull down to refresh
92 sats \ 3 replies \ @nullcount 3 Sep \ on: Shutting down my routing node lightning
Just because you decided not to become a professional, does not mean LN is centralized.
You also have to be a professional to run electric/plumbing/HVAC, etc. yet, you can still find many people with with those professions in nearly every town! Pretty decentralized considering the level of training/licensing/insurance required.
Valid point. What do you think are the requirements to become professional (capital & others)? How many single-person operations do you estimate there are that are profitable enough to make a living?
reply
1 BTC is plenty to start. Knowledge about the protocol, systems administration, good business acumen, and creative financial engineering are what separates the pro from the hobbyist.
Your "edge" as a node is your ability to select, size, and sustain high-demand channel liquidity at competitive prices. Your revenue can disappear if some other node decides to compete with you. It's a race to the bottom to find out who can price the liquidity most effectively.
It's not exactly the kind of business you want to depend on to fund your lifestyle, unless you're confident in your edge and competitiveness. With automation, a node could become a 0.1-person operation (mostly passive).
reply
I'm not sure I would agree that 1 BTC is sufficient to run a useful routing node. Opinions do vary, however.
reply