I was unaware of this way to support micropayments. I have left my node with base 1 sat as that was the default and I was unsure if it was wise to got o zero. I wondered if there was a risk of my node getting spammed.
He only takes a percentage of the routed money. Most nodes take a percentage AND take a fixed amount. e.g. If I route 1 sat through most nodes, I'll pay 1 sat + 1% in fees. Through siggy's node, I'll pay only 1% in fees. Basically, it makes micropayments more economical.
The LN internally uses 1/1000th of a sat, but when you close a channel, you only get full sats. Having lots of micropayments (or fees) worth <1sat can add up, though.
You run with a 0 base fee? Nice.
Yes. I remember when it became a thing a while back and I jumped aboard.
I was unaware of this way to support micropayments. I have left my node with base 1 sat as that was the default and I was unsure if it was wise to got o zero. I wondered if there was a risk of my node getting spammed.
I'm no expert, but one thing I can say is my node has never gotten spammed in 3 years! Pretty quiet.
that's empirical enough for me :)
Wait for the 1 sat invoice routed :)
Proud moment!
lol! What does running with 0 base fee mean?
He only takes a percentage of the routed money. Most nodes take a percentage AND take a fixed amount. e.g. If I route 1 sat through most nodes, I'll pay 1 sat + 1% in fees. Through siggy's node, I'll pay only 1% in fees. Basically, it makes micropayments more economical.
It potentially will attract more routes, though I wasn't really aiming for that. Just trying to help the network where I can.
Oh well... I hope you keep holding this. If this is your only route then you'll lose it when the channel closes ;-)
I keep having 100 sats days, that's annoying!! Need to do something about that...
How is possible a fraction of a sat? I never heard about...
The LN internally uses 1/1000th of a sat, but when you close a channel, you only get full sats. Having lots of micropayments (or fees) worth <1sat can add up, though.
Try some fee automation like charge-lnd or litd