112 sats \ 1 reply \ @OriginalSize 20 May 2023 \ on: What's Under the Hood of the Big Lightning Nodes? bitcoin
Most of an operation like that is going to be the same for any kind of SaaS business. Meeting scaling challenges before they become noticeable by users, developing monitoring, alerting and redundancy to maximize reliability and uptime. For the Bitcoin and lightning specific parts you will probably want your own hardware instead of anything purchased as a virtual machine at least for handling keys and cryptographic material. You can watch videos on each of the things I mentioned to learn more and then hire such experience. Good luck!
Thanks for your insights. I definitely would want my own hardware. Redundancy seems particularly critical. I'm sort of thinking along the lines of investing some money and running the node with complete disregard for routing fees at the outset. The emphasis would be on routing volume. If we're all correct, bitcoin's dollar value will go up in the years to come, and each channel would be substantially more valuable as time goes by.
The goal would be altruistic to start- benefiting the network and fighting centralization.
As time goes by, the node may become profitable. I know this isn't a unique idea. I believe a few nodes have taken this approach already.
reply