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1044 sats \ 1 reply \ @btcschellingpnt 31 Mar \ on: I'm closing my old 300 channels Lightning node, here are the reasons bitcoin
Thanks for sharing!
Very similar to my journey but without the liquidity levels since I came to bitcoin much later on. Ran a node since late 2018 and was once in the top-100 .. and like you, got burned by the hot-mess that is LND.
I'm about to fire up a new node and it will be on CLN, but my focus is now quite different.
In the beginning (like you I suspect), I was keen to support the network, add some liquidity, and learn and help others learn. My node quickly became a routing node. I was involved in starting Ring-of-Fire, which like PlebNet which followed it, helped accelerate liquidity, connections and education for plebs learning about lightning.
Now, as Darth identifies, we've got some large exceptionally liquid and well connected nodes, and we've also got LSPs, both types need to be economically viable to survive - and we want them to do that. All I want to do is send and receive LN payments privately and I specifically do NOT want to route, so my thinking is:
Small node for private use
2-4 channels in total
2-10m sats/channel
1-2 channels with frens who run small reliable private nodes
1-2 channels with larger well-connected nodes
Reliable redundant infrastructure
Clearnet with a public proxy
I expect to continue to use Zeus as the mobile front-end to my own node - it's been great in the past - even on Tor .. which appears to be increasingly unreliable/attacked. Hoping that I'll be able to keep those channels open for years now. Small functional self-sovereign plebnode
got burned by the hot-mess that is LND
Yep, I don't understand why that program is so popular, it's a mess, or at least it was some years ago. I hope it is now better.
I'm about to fire up a new node and it will be on CLN
Good idea, but take into consideration it is more technical, and even if it is more stable than LND, the plugins thing is a mess. Also there are less developers.
helped accelerate liquidity, connections and education for plebs learning about lightning
That's beautiful! I did the same and helped some guys in Telegram to do that. But most of them stopped running a node, too low liquidity and very difficult to maintain over time.
Small node for private use
Think about it. Why?
I have right now Electrum with 5 channels and it is doing extraordinary well, no problem whatsover, and even it has the option of doing submarine swaps and auto balance. What more do you need?
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