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0 sats \ 1 reply \ @WeAreAllSatoshi 20 Aug 2023 \ on: Step by Step Guide: Setting Up Lightning Network Node with Raspberry Pi & Umbrel tech
Does this even cover setting up lightning? It jumps from syncing the blockchain to “managing your lightning node”. I think a lot more detail is necessary.
How do I set up channels? Who do I open with? How much liquidity do I supply?
Hi, thanks for your feedback. Guide was just to show the installation and create a thread to help those who want to put up their Node. To answer your questions:
How do I set up channels? Who do I open with?
To open a channel you need to connect with other nodes, preferably find some trusted partner (there are plenty of these on the Internet just search). Then in the Umbrel panel in the
Lightning Network
section you need to click Open channel
and fill in the relevant information about the node with which you want to create a channel and the amount of BTC.How much liquidity do I supply?
In general, the amount of liqudity depends on you. Ideally, it should be balanced on both sides (yours and your partner's). It should also be monitored and rebalance if necessary.
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