Oddbean new post about login | logout it's the best time to start a lightning node. Alby Hub is here and the mempool fees are cheeeeeap ~2 sat/vB. are you running it?
Running #AlbyHub on my nostr:nprofile1qqs9df4h2deu3aae83fmet5xmrlm4w5l9gdnsy3q2n7dklem7ezmwfcpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq5xamn8ghj7dnvv45xs7tywde8g6rpvakkjuekw46nvar4vdhxgan6wumkxatzwpckk6rk0puhjdm2da5k7ce5x4kkkumjx3jkzepwdahxjmmwqyt8wumn8ghj7un9d3shjtnwdaehgu3wd9hxvmckqw0xz. It is hands-down the easiest way to be an Uncle Jim for your family. nostr:nevent1qqsdaerke3ty3nm5l2cl7rf0tq462vzctv832dug4u8kkxtpe29mu2gpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygpnp7c5x8lemrp9qurthnwqzm25jk3lw38qg7jqs9e7j2h8aepd4spsgqqqqqqs3t3qcf
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.