tom on Nostr: We use lnd and it’s quite straightforward. What we’ve learned is that we need to ...

We use lnd and it’s quite straightforward. What we’ve learned is that we need to set up channels big enough.

Say you open a channel with 5,000,000 sats you are tying up that capital in lightning. If you live in bitcoin this is an obvious non-issue unless the service you want to pay doesn’t accept lightning.

A small channel can easily get out of balance (depending of how the payments flow ie say you just pay only, never receive). Which means you have to balance the channel somehow. This could cost some money.

We are an online retailer and we have more incoming than outgoing payments. So we have to offload some of our balance to the main chain in intervals. Mostly we use boltz.exchange for this. (Currently) you can also use them to replenish the channel if it’s out of funds.

There are some wallets that are having inexpensive ways to top up or drain lightning channels. We found boltz easy to use.

By the way we are not the greatest node but you are of course invited to join our node.

https://1ml.com/node/0306d727c50c0e14ae9a0d0fe7e8e84fb5c08969d71e7e79fccdef22a78c3615ca

Any q just pm :-)