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40 sats \ 11 replies \ @Wumbo 5 Apr 2023 \ on: A stupid question which I may regret bitcoin
A channel has to be open to use the lightning network. And you need some remote balance (inbound Liquidity) on the channel to receive.
What Lightning wallet and node are you using?
I use a Zeus wallet, with which I manage my node remotely. If I earn sats on SN, fountain, etc, I will once in a while deposit it into my Zeus lightning wallet. Zeus acknowledges receipt, but I can't tell exactly where it goes.
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The balance in a channel in which your node participates has been moved towards your node. So you now have more outbound liquidity than before. Think of channels like an abacus. The capacity of a channel is always the same, only the balance changes.
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In you zeus app do you have the option to see channels? see below video for where the option might be
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Yes. In fact that's the main feature I use on Zeus. I have 15 open channels. I'm trying to understand the concept of where the deposit goes. Let's say if I send from my SN wallet. So far as I can tell, no channel is being opened at that point between SN and my node. The transaction is obviously routed through my network, but in what channel does it end up?
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You may have noticed that a channel is often visually represented as a bar with two colors to represent how many sats you can receive and how many you can send. The act of receiving a payment is the movement of sats from the receive side to the send side.
The sending lightning node will calculate a route over the lightning network to your receiving node. A route consists of hops from one channel to the next until it terminates at one of your 15 channels. So, where the sats "go" is one of your 15 channels. The route will ensure that there are enough sats on your channel's opposite side, so the final step to receiving a payment is moving the sats from your peer's side of the channel to your side.
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A transaction can have multiple hops.
Example: SN Node to WOS Node to Your Node.
The transaction amount was "Delivered" by one of your open node. The remote balance on that node was decreased and the local balance was increased on your side.
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Thanks. I guess I would have to note each channel's incoming and outgoing liquidity to see what changed post transaction to determine exactly which channel received the balance.
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You would need to use a more advanced app for your node accounting.
For example Thunderhub or RTL are very good web apps to manage your node liquidity and trace all the in/out transactions.
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Thank you. this is what I was looking for.
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You are doing it very good, to learn and find out more details about your LN node.
Paying attention to these details will give you more rewards and knowledge.
Exactly this. Good answer.
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