Why Nostr? What is Njump?
2024-06-22 04:21:13
in reply to

lassdas on Nostr: For sats to flow thru lightning you need channels. To receive sats you need channels ...

For sats to flow thru lightning you need channels.

To receive sats you need channels with inbound liquidity,
to send sats you need outbound liquidity.

Let's say you fire up a node.
If you want to receive sats, someone else needs to open up a channel to you so you get inbound liquidity.
If you want to send sats (and haven't received any before), you need to open up a channel to some other node so you get outbound liquidity.

To open/close a channel means to do an on-chain-transaction, so it can be quite costly.
Author Public Key
npub1gmhctt2hmjqz8ay2x8h5f8fl3h4fpfcezwqneal3usu3u65qca4s8094ea