Oddbean new post about | logout
 Main issue is the 800,000 sat (500 USD) requirement to open a channel with some (all?) LSPs. 
 no, not at all. With the LSP it costs you 10k-20k sats (<10USD) and get enough incoming liquidity which should be good for most users for a long time. 
Uses then can receive any amount they want.  
 I am trying to open a channel with Kappa and ACINQ, but Alby Hub requests a deposit of 860,000 SATs to open. 

Something is off.  
 if you want to open an outgoing channel then it makes sense to have a big channel and also keep that open. And those channel partners require ~1m sats minimum size. 

If you want to get a channel from an LSP it's _increasing your receiving capacity_. You get a channel from the LSP and can receive any amount then via lightning. (on the node page, at "receiving capacity" choose "increase") 

This is also our default flow for the first channel: 
https://demos.getalby.com/demo/clz2zpzys3dozz9kdr9ctnxq3

- but that's good feedback we need to make this more clear and obvious.  
 Yeah, I didn't even know there was a difference between "open a channel" button and the "increase capacity" button.  
 @Alby maybe can help