Stan Kladko [ARCHIVE] on Nostr: š Original date posted:2017-12-13 š Original message: I see - thank you. How to ...
š
Original date posted:2017-12-13
š Original message:
I see - thank you.
How to I discover nodes - is there any UI to see nodes currently
running on the network ?
> 3. How do I find out if someone wants to connect to me?
> The node connects to yours and sends channel funding messages.
In this case there is some kind of an UI where I can accept or reject - correct?
Or I auto-accept everyone that connects to me?
> If you intend to connect for the purpose of becoming a hub and earning routing fees, if you have some onchain bitcoins you can afford to invest, then it is to your interest to channel with relatively new and low-connectivity nodes.
If I become a hub, how much to I earn, approximately in routing fees?
Is it a percentage of transactions? Are routing fees the same for all
hubs?
If I am connecting to the network and see many hubs - how can I select
which hub to connect to? Is there any performance/reputation info
available for any hub?
On Wed, Dec 13, 2017 at 2:36 AM, ZmnSCPxj <ZmnSCPxj at protonmail.com> wrote:
> Good morning Stan,
>
>>1. How do I select the nodes to peer with?
>
> By whatever selection criteria you wish.
>
> In practice, lnd offers an "auto-pilot" where it selects peers to channel
> with automatically using some heuristic (which I do not know). My
> understanding, c-lightning will eventually offer a similar feature at some
> point in the future.
>
> Presumably node gossip will let you learn of other nodes that you might
> channel with in the future.
>
>>2. How do I make them to do deposits - ideally I want them to match $100
>> each.
>
> Currently, channels are initially single-funded. There is a proposal
> https://github.com/lightningnetwork/lightning-rfc/pull/184 for dual-funded
> channel setup, but did not make it into 1.0.
>
>>But since they are presumably already sufficiently connected to
>>the network, why would they lock more funds?
>
> It helps to consider that you are not particularly special, and neither are
> the existing nodes on the network particularly special.
>
> If you have a reason to open a channel to an arbitrary node, then other
> nodes have a reason to open a channel to an arbitrary node, which might be
> you. Even if the network grows large, that also means there are more
> participants who might decide, via whatever heuristic, to channel to your
> node.
>
> If you intend to connect for the purpose of becoming a hub and earning
> routing fees, if you have some onchain bitcoins you can afford to invest,
> then it is to your interest to channel with relatively new and
> low-connectivity nodes. Such nodes might receive payments and if you are one
> of the few routes (or the only route) you then get a higher chance of being
> routed through. Inverting this, if you have a new node with a few channels,
> others aspiring to become hubs will want to lock spare funds to channel to
> your node in case you become a very prolific user (sender or receiver) of
> the network in the future.
>
>>3. How do I find out if someone wants to connect to me?
>
> The node connects to yours and sends channel funding messages.
>
> Regards,
> ZmnSCPxj
š Original message:
I see - thank you.
How to I discover nodes - is there any UI to see nodes currently
running on the network ?
> 3. How do I find out if someone wants to connect to me?
> The node connects to yours and sends channel funding messages.
In this case there is some kind of an UI where I can accept or reject - correct?
Or I auto-accept everyone that connects to me?
> If you intend to connect for the purpose of becoming a hub and earning routing fees, if you have some onchain bitcoins you can afford to invest, then it is to your interest to channel with relatively new and low-connectivity nodes.
If I become a hub, how much to I earn, approximately in routing fees?
Is it a percentage of transactions? Are routing fees the same for all
hubs?
If I am connecting to the network and see many hubs - how can I select
which hub to connect to? Is there any performance/reputation info
available for any hub?
On Wed, Dec 13, 2017 at 2:36 AM, ZmnSCPxj <ZmnSCPxj at protonmail.com> wrote:
> Good morning Stan,
>
>>1. How do I select the nodes to peer with?
>
> By whatever selection criteria you wish.
>
> In practice, lnd offers an "auto-pilot" where it selects peers to channel
> with automatically using some heuristic (which I do not know). My
> understanding, c-lightning will eventually offer a similar feature at some
> point in the future.
>
> Presumably node gossip will let you learn of other nodes that you might
> channel with in the future.
>
>>2. How do I make them to do deposits - ideally I want them to match $100
>> each.
>
> Currently, channels are initially single-funded. There is a proposal
> https://github.com/lightningnetwork/lightning-rfc/pull/184 for dual-funded
> channel setup, but did not make it into 1.0.
>
>>But since they are presumably already sufficiently connected to
>>the network, why would they lock more funds?
>
> It helps to consider that you are not particularly special, and neither are
> the existing nodes on the network particularly special.
>
> If you have a reason to open a channel to an arbitrary node, then other
> nodes have a reason to open a channel to an arbitrary node, which might be
> you. Even if the network grows large, that also means there are more
> participants who might decide, via whatever heuristic, to channel to your
> node.
>
> If you intend to connect for the purpose of becoming a hub and earning
> routing fees, if you have some onchain bitcoins you can afford to invest,
> then it is to your interest to channel with relatively new and
> low-connectivity nodes. Such nodes might receive payments and if you are one
> of the few routes (or the only route) you then get a higher chance of being
> routed through. Inverting this, if you have a new node with a few channels,
> others aspiring to become hubs will want to lock spare funds to channel to
> your node in case you become a very prolific user (sender or receiver) of
> the network in the future.
>
>>3. How do I find out if someone wants to connect to me?
>
> The node connects to yours and sends channel funding messages.
>
> Regards,
> ZmnSCPxj