M@rtin Berger

mathematician, developer, hobbyist LN node operator interested and experienced in #payments, #banking, instant payments, #bitcoin & #lightning ⚡

[M@rtin Berger @yeahyeahsayer]

Part 2 article of my adventure journey of running a #Bitcoin #Lightning node is out! Enjoy reading...

Thanks to @BTC_LN @SatoshiRadioROF @lightning @ambosstech @c_otto83 @TunnelSats @alexbosworth & Homer Simpson!

https://t.co/vKfzbgJMYS

[M@rtin Berger @yeahyeahsayer]

@TunnelSats What adjustion from defaults for min_htlcs and max-commit-fee-rate-anchors do you suggest?

[M@rtin Berger @yeahyeahsayer]

@BitcoinMunich @TimoThisis Heimatstadt statt Heimatstatt 😉

[M@rtin Berger @yeahyeahsayer]

@Meister_Ancap @nodesignal @k9ert @RaspiBlitz Korrekt, aktuell können die LN Transaktionen & damit die Balance einer LN node via @lnbits an FinTS/HBCI kompatible Finanzverwaltungssoftware (zB GnuCash) als Kontoauszug ausgeliefert werden. Das schon etwas angestaubte FinTS Protokoll würde aber mehr können, zB. Zahlungsauslöse

[M@rtin Berger @yeahyeahsayer]

@coinfinity @nodesignal @RaspiBlitz Vielen Dank auch an @coinfinity!

[M@rtin Berger @yeahyeahsayer]

@crypto__kittie @Bitcoinite21 Tried that for a couple of weeks, max htlc adapted every 4 hours, but seemed to have negative impact on routing activity. Drop this approach again. Would be interested what you observe...

[M@rtin Berger @yeahyeahsayer]

@pau__dr @dannydeezy Here i share my experiences: https://t.co/ETs556F81s

[HODLmeTight 🚀 @HodlmeTight1337]

Many blocks ago, a new tool was teased in the @kycjelly plebnet telegram channel. It was a time I spent many blocks trying to get my Lightning Node channels balanced, or a quick glance at flows and fees. While the benefit was a lot of learning taking in, it took a lot of time.

[M@rtin Berger @yeahyeahsayer]

Thank you @cercatrova, update to LND hotfix 0.15.2 went smoothly according to your short guide!

[M@rtin Berger @yeahyeahsayer]

@NodeRunnersBR @NordlysLN 100% agreed!

[M@rtin Berger @yeahyeahsayer]

Would love to participate the meetup 👇👇👇 of @ctw_podcast in Amsterdam on 12th-13th Oct.
Unfortunately it will not fit into my schedule. Have fun #LightningNetwork ⚡️enthusiasts ⚡️ !!!

[Connect The World @ctw_podcast]

Want to meet all the bigshots from the lightning space while drinking an ice cold beer and have mouthwatering food on the table? All paid for with your lightning wallet of course 😉

We organize two satellite events during @TheBitcoinConf at BRAAI

👉🏼https://t.co/RlcWArv9td👈🏼

[M@rtin Berger @yeahyeahsayer]

@renepickhardt @Bitcoinite21 Good to know, thank you for pointing out!

[M@rtin Berger @yeahyeahsayer]

@renepickhardt @Bitcoinite21 Totally, it will also not help for channels where a node never sees forward failures. But I think it is definitely another useful tool to improve reliabilty!

[M@rtin Berger @yeahyeahsayer]

@renepickhardt @Bitcoinite21 Does mission control discourage channels/peers that frequently update `htlc_maximum_msat`?

[M@rtin Berger @yeahyeahsayer]

@renepickhardt @Bitcoinite21 In such case setting `htlc_maximum_msat` to control the flow for reliability slow down the drain but also the rebalancing opportunities and consequently profit.

[M@rtin Berger @yeahyeahsayer]

@renepickhardt @Bitcoinite21 Example where signaling available liquidity is even a necessity to apply rebalancing successfully: channel to a peer that sets fee according to how much outbound liquidity it has. Only if the channel is drained to a certain degree, peer fees allow it to rebalance.

[M@rtin Berger @yeahyeahsayer]

@renepickhardt @Bitcoinite21 Signaling with `htlc_maximum_msat` how much liquidity is left seems natural and should not hurt profitiablity. I tried it out myself, did not observe a negative impact so far. However, I am not sure how and when "signaling too often" is punished by the gossip protocol / network.

[M@rtin Berger @yeahyeahsayer]

@renepickhardt @Bitcoinite21 Flow-controlling such channels with `htlc_maximum_msat` has negative impact on profit I think. Hence, nodes favour rebalancing, swapping or closing/reopening.