Oddbean new post about login | logout UNFORTUNATELY I HAD TO RESPONSIBLY KILL MY LONGEST RUNNING LIGHTNING NODE OVER THE LAST TWO WEEKS. TRIED TO DO IT AT THE LOWEST POSSIBLE FEE RATES FOR THE SAKE OF MY CHANNEL PARTNERS. STILL RUNNING FOUR OTHER NODES. ONWARD. 🫡
OLD YELLER MOMENT. STACK SOME FOR THOSE CHANNELS NO LONGER WITH US.
I also nuked my lightning node when the bull started :/ Been running for years. Rip
SORRY TO HEAR IT MATT
what was the reason for killing it?
MADE A LOT OF MISTAKES ON THAT NODE. STARTED TO ADD UP.
List of mistakes please 🙏🏽 so we don’t make the same ones 👍🏾👍🏾
legend
LOW-FEE MERCY KILLING
What do you run them on? I'm just getting started with umbrel
BEST WAY TO RUN A LIGHTNING NODE IS VOLTAGE. https://voltage.cloud
Disagree with this. Might be the easiest. I think the *best* way is on machines you control.
EVERYTHING HAS TRADEOFFS. LIGHTNING NODES FUCKING SUCK TO SELF HOST. DO WITH THAT INFO AS YOU WANT.
Does Voltage runs in AWS?
Best? Hosted? 🤔
Please make the difference between public and private LN nodes. Many newbies will consider your statement that all LN nodes could be run like that (on Volrage), when in fact (is not true) and we already have many ways to run LN nodes (in private). https://m.primal.net/HdCv.jpg https://darthcoin.substack.com/p/private-lightning-nodes
Mutiny doesn't run on our server. Everything runs on your phone, the only thing that our server does is serve the static website files.
How is it so damn fast then??
Because we don't use lnd
What if I want to be a custodian for a small community (or family). Somehow serious HW with raid, backups and everything, but not "enterprise" level (no isp backup, small ups just to shutdown clearly). Public or private?
Here is a guide https://darthcoin.substack.com/p/bitcoin-private-banks-over-lightning
Thank you, lord.
So, after reading, I still have the same question. Can I rely on hinting or I need announced channels?
You can make multiple combinations. Having a public node (as the face node) with public channels and all liquidity shit, offering good routes. More as a decoy node. Then behind this one, you could run another node, but only with a big private channel with your node A (public). Optional you could open another big private channel (for more reliability) with another good big node. Then your "customers" bank will connect with private channels and nodes (like Zeus, Blixt, Breez, Electrum, Mutiny) towards your node B (private) offering them liquidity. But for private nodes is also recommended to have 2-3 channels not just one, for more reliability and also using MPP (multi-part payment).
Make sense. I endup with this setup. I'm still wondering if I could run a node with just private channels to (hopefully) good peers and still have an ability to receive payments (for merchants using an account on lnbits connected to that backend). Privacy aside (for sake of simplicity). I don't need to (or want actually) route. I need the merchants be able to receive.
Sure, why not? I wrote several guides and here you have some that you could run two powerful private nodes on your mobile device: - https://darthcoin.substack.com/p/getting-started-zeus-mobile - https://darthcoin.substack.com/p/getting-started-with-blixt-mobile
Why not is the question. Is there a disadvantage in having just private channels? Is it more likely a route to fail for incoming payments with only unannounced channes? For small payments never. For bigger one (like 0.005) I can't tell if it's because of bad connection or discoverability (if it's a word)
Well done. Below is an article and an issue I think is worth bringing forward. https://www.forbes.com/sites/davidbirnbaum/2024/02/14/ucc-amendments-trojan-horse-for-bitcoin-or-cbdc-nightmare/
My longest running channel 🥺 R.I.P. https://image.nostr.build/309bc0322c777905d848e660eb94929f00c94c93f51bf491f2a416e7ba9ba7a1.png
spinning up nodes is very easy. What to do if something goes wrong, such as data corruption, hardware faults...etc... is something else entirely on Lightning.
