What is Nostr?
NoeBoties_Fool
npub1956…ng3s
2024-08-18 07:52:22
in reply to nevent1q…gkjz

NoeBoties_Fool on Nostr: For the start9 angle, start here: https://community.start9.com/ and here: ...

For the start9 angle, start here: https://community.start9.com/ and here: https://docs.start9.com/0.3.5.x/service-guides/lightning/index

With rare exceptions like opening a cooperative dual funded channel (be careful with that), when you are the one opening the channel it's all outbound liquidity. Generally speaking you gain inbound liquidity as you spend from that outbound liquidity.

Example: You open a channel with me for 1,000,000 sats. It's all outbound. You can send to me (pay me) or send through me (I rout your payment where you need it to go). Lets say thats 50ksats. You would then have 950,sats of outbound left and 50k of inbound liquidity. Before you could spend up to 1mil and you couldn't receive anything. Now you can spend 950k and you can receive 50k. If/when the channel closes you receive the outbound liquidity and I receive what you see as your inbound liquidity. What I see as my outbound in that channel you see as your inbound and vice versa. The same amount of sats is always in the channel. Some is mine (my outbound). Some is yours, (your outbound). Fees and such enter in but that is the basics.

Now, if you're setting up a store or are wanting to receive payments over lightning, you'll need inbound. You can get it over time by spending through the channels you set up or you can rent/purchase/lease it in chunks as needed. You can also purchase it as needed with some lightning service providers and it's dynamically and automatically maintained... again for a fee.

My routing node runs on a Start9 box, using an LND node and other tools. Ask away or check the above links for more details.
Author Public Key
npub1956zhstqunsq2x3yjh4cnt6hgrww06m2ekja5x5m0kqwg82flc5seeng3s