21 sats \ 4 replies \ @nikotsla 10 Oct 2023 \ on: I'm running an experiment on LN I call "smallnode", care to join? bitcoin
Hope you well, it will be nice to see a report about this in the next couple of months. Are you using some re-balance technique? handle price and htlc max/min?
The idea is to make profits? or are you going to set price to 0?
I think you can explain a little more about the condition of the experiment, to set the scope more clearly. But hey! good luck!
I'm gonna set my fees to 0 base / 0.01 rate, but surely lndg will take them down.
I don't really think I'll be in profit this time next year by running this.
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It was just recommendation to do a better experiment :) don't worry, for example now we know that you are using LNDg to manage the node. In my experience LNDg with a heavy strategy of re-balance doesn't work well with Tor network use.
I think this small channels could be useful when more people use MPP/AMP or the purchase power of bitcoin rise, so keep an eye on those external force.
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That's my idea actually, as of now small channels are not viable, but they might be in the future, counting on that Bitcoin's value rises ad that people start using AMP/MMP to make payments.
About heavy rebalance strategy, you're right, it doesn't work that well, but the more channels I have, the better it works.
Also the payments are doing the lords work here and help me rebalance the channels themselves since the channels are small anyways.
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Let's help with your experiment with a small channel.
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