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95 sats \ 26 replies \ @DarthCoin 15h \ on: I just opened a Lightning channel to SN. I like supporting the best LN services lightning
This thing with "supporting LN services" makes me laugh every time I see it mentioned.
Just because you opened a channel with a peer it doesn't mean you support that peer services.
LN is based on a very strong economic incentive. So... if your node:
- is on Tor, will not help at all but doing more harm than good. Routing over Tor is a total misery !
- is not a very good public router, you are just a leecher, so you are not helping
- is not having a reliable hardware and connection to be 365/24/7 ready, again is not helping too much
- is not having good fees and traffic policies, than again is not helping too much, but bottleneck the whole traffic.
Be very careful when you say "I want to help the network..."
You opened a channel with SN node? Very good, but if you have a lot of traffic with your SN account using your node, maybe better open a private channel, not a public one. In that way you help yourself.
Opening a channel with a peer is not like "friending" somebody on facebook...
and btw... next time when you want to make an announcement, make it first on SN and later post on Twix the SN link... THAT is like supporting SN !
@DarthCoin is always providing a great value-add when it comes to information and resources. I truly appreciate it. Yes, I did click on your profile, and I'm working my way through the recommendations for the noob.
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is this a pledditor alt account? š haha thanks for your feedback and tips man! I appreciate it
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No that's just Darth being darth. He is a unique soul. He has some great tutorials though.
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I am tired of "balcony nodes".... we need strong and good public nodes, not "pleb nodes" that bottleneck the whole LN.
I wonder when so called plebs will understand the difference between public and private node.
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I understand the difference between public and private nodes, but I don't understand how it is that having a public node hurts the network.
Specifically, your point about creating a bottleneck. Why is there more of a bottleneck from an existing node than a non-existent one?
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If you are driving a slow clunky car on a highway, surrounded only by fast and big lamborghinis, how do you think will react those fast cars?
Will start collapsing, trying avoid your clunky car...
If you want to build your node as a good routing node you start slowly, on another "highways", pleb roads, and in time you try to connect on the highway...
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Either be rich enough to drive a Lamborghini or GET OFF MY PUBLIC HIGHWAY!!
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That's how I feel about the No Kings protesters
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Wrong. Is not about richness, is about efficiency.
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Ok, but my mental model is more like adding another road to the network. If the road is really shitty, people just won't use it and we'll be in the same place as we were without the road.
Is the issue that there's some amount of computational resource involved in analyzing my shitty node and that's more trouble than it's worth for the whole network?
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LN entirely is in fact composed by many additional "roads" that in fact are not something "out of LN", are just slower networks connected to the big highway...
Maybe I have to remind you my old post about LN topology: #486306
Don't forget that private nodes are also a road, but is more like invisible road, slower and smaller, but is connected to the highway, otherwise cannot function at all.
analyzing my shitty node and that's more trouble than it's worth for the whole network?
If is just a private node, is not affecting at all the highway traffic...
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I think of private nodes as more like driveways: they connect me to the network but aren't a throughway.
I actually didn't see that comment of yours before. I'll read it now.
Maybe people should use this software for water pipes management before running a public LN node, to learn more ab out how to manage liquidity.
ššššš
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Is this how you're learning to do the plumbing at the citadel or will you just rely on your lightning expertise?
And I tag SN on X all the time. How else would we funnel X users to SN? I have posted on SN and linked that to X as well. Maybe you're not familiar with my history or multiple accounts on here. I appreciate your criticism, but a lot of it doesn't make much sense to me.
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It's crazy to me that you're discouraging plebs to run routing nodes. It's a learning experience. At this point there are so many paths that a payment can take (basically infinite), that this bottlenecking you're talking about, unless you can explain that a little better or point to a specific instance where bottlenecking is happening, I just don't see that as a real problem.
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It's crazy to me that you're discouraging plebs to run routing nodes.
Because most of the so called "plebs" are dumb noobs that do not read documentation before running a public node. Are like old clunky cars running slow on a highway where are only lamborghinis.
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I wouldn't call providing inbound liquidity, "leeching." I paid the mining fee to open the channel, and I am providing the liquidity.
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your liquidity means nothing if is not well managed
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ok so in that case it would be neutral, not "negative" and "leeching"
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how can opening a channel do more harm than good? How can providing some inbound liquidity, tor or not, be negative? Please be specific because I've never heard that before
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tor or not, be negative?
For a public routing node is very important the response time. Running over Tor is adding huge lag and unreliability. If you didn't know that until now, it means that you still have to learn a lot about running public routing nodes.
Inbound liquidity is not negative per se, but your node liquidity in total how is managed. In order to offer good routes, fees and enough liquidity, you need to study a lot the traffic with a peer, to see how much is moving during x period, how many txs, how much large are the HTLCs etc... and then open accordingly a good size of a channel based on those observations and apply the fees policies that could offer a good flow in and out through that channel.
Just because you opened a channel towards SN node it means nothing if you will not route too much through it. You've just badly allocate capital.
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I understand that, thank you. I'll be sure to update you on the routes My node makes to stacker News.
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you run a public routing node or a private one?
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I have public and private channels. The one I opened to SN is public
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