Oddbean new post about | logout
▲ ▼
Den Yellek | 1 months ago (raw) | root | parent | reply | flag +2 
 If you self host then the cost is minimal or perhaps even free if you have a server or spare computer already that you can use to run the hub.
▲ ▼
Camila 🧡 | 1 months ago (raw) | root | parent | reply | flag 
 What's the difference between lightning node on alby hub vs running full lightning node? whats the point of using alby hub when still you won't get full control ?
▲ ▼
Den Yellek | 1 months ago (raw) | root | parent | reply | flag +1 
 Running Alby hub is running a full lightning node so you are in full control of your funds.

As for the point of alby hub specifically it is easy to use and integrates very well with nostr apps through NWC.

From the any hub website:
"Alby Hub is a new open source, self-custodial lightning wallet by Alby allowing users to run their own node and easily connect to dozens of apps. Hub features a one-click install lightning node, a self-custodial wallet, and an easy-to-use app store, which enables users to connect social media apps such as Damus or Stacker News, Podcasting 2.0 apps and external lightning wallets directly to their own Alby Hub node via NWC integration, all set up in just a few clicks."
https://albyhub.com/
▲ ▼
Camila 🧡 | 1 months ago (raw) | root | parent | reply | flag 
 Yesterday the fee for opening a node was 15k today it's 31k. Can u pls explain why there's such a sudden increase?
▲ ▼
Den Yellek | 1 months ago (raw) | root | parent | reply | flag +2 
 I assume you are talking about the fee to open a channel not the fee paid to Alby to host the node.

For the channel fee the reason it may have spiked is that to opening a lightning channel you must do an on chain bitcoin transaction. You may have first looked at a time with low on chain fees and then at a time when the fees spiked.

Perhaps someone from nostr:nprofile1qqsyv47lazt9h6ycp2fsw270khje5egjgsrdkrupjg27u796g7f5k0spzemhxue69uhk2er9dchxummnw3ezumrpdejz7qgwwaehxw309ahx7uewd3hkctcprdmhxue69uhkummnw3ez6vfwde3x7tnpdenkzmnf9e3k75xqss4 will be able to provide you with some clearer details. nostr:nprofile1qqstqq490lumzlykftdw23p7ehxzje022az465zud6path3p5c8vefgpzpmhxue69uhkummnw3ezuamfdejsz9mhwden5te0w4kkyun9dshxcmmrv9kr5dpcxsuqaux43l
▲ ▼
Alby | 1 months ago (raw) | root | parent | reply | flag +1 
 Those fees are paid to LSPs, and they are tied to on-chain fees.
Feel free to check out https://mempool.space/ for current on-chain fee rates.

Best,
JP
▲ ▼
Camila 🧡 | 1 months ago (raw) | root | parent | reply | flag 
 Do i need to pay every month or every three months to LSP's? Or is it just a one time payment?
▲ ▼
Den Yellek | 1 months ago (raw) | root | parent | reply | flag +1 
 You only pay that fee once to open the channel to the LSP and then can use the channel until it is closed. I have been using Alby Hub for a few months and not had any channels closed on me.
There are a variety of reasons a channel could be closed and you can get some info here:
https://guides.getalby.com/user-guide/alby-account-and-browser-extension/alby-hub/faq-alby-hub/why-was-my-lightning-channel-closed-and-what-to-do-next
▲ ▼
Camila 🧡 | 1 months ago (raw) | root | parent | reply | flag 
 Which LSP you're using?
▲ ▼
Den Yellek | 1 months ago (raw) | root | parent | reply | flag +1 
 I have a channel with Megalith and LNServer.
▲ ▼
Camila 🧡 | 1 months ago (raw) | root | parent | reply | flag 
 Do i need to pay every month or every three months to LSP's? Or is it just a one time payment? #asknostr 

nostr:nevent1qqsgzhv6qjf9dqjk5hptmhzwtexvyccz8nay4nvdmuujmwlj3zmdrdgpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygzx2l0739jmazvq4yc8908mtev6v5fygpkmp7qey90w0zay0y6t8cpsgqqqqqqsw7p2z6
▲ ▼
Alby | 1 months ago (raw) | root | parent | reply | flag 
 It is just a one-time payment.
-JP
▲ ▼
tretasdewallstreet | 1 months ago (raw) | root | parent | reply | flag +1 
 Can you open a small channel with my node?
▲ ▼
Alby | 28 days ago (raw) | root | parent | reply | flag 
 No sir, we do not open retail channels anymore
▲ ▼
Alby | 28 days ago (raw) | root | parent | reply | flag +1 
 No sir, we do not open retail channels anymore
▲ ▼
Alby | 1 months ago (raw) | root | parent | reply | flag +15 
 Take control of your funds.

https://m.primal.net/LWbB.png #GetAlbyHub

nostr:note1s84n6d7zylsr9mzaqw3ghled0x9m6fhax2fmyuzt762pjnn7h8yst3yd9f
▲ ▼
df0aa5eb | 1 months ago (raw) | root | parent | reply | flag 
 I need an invite to Alby, please. anyone got one?
▲ ▼
PrinceOfEgypt | 1 months ago (raw) | root | parent | reply | flag 
 still need an invite? I have 2. DM me your email address if you want one.