lassdas on Nostr: Still kindof a nub myself, but I'll give it a try: It always depends on what you're ...
Still kindof a nub myself, but I'll give it a try:
It always depends on what you're trying to achieve.
If you just want to hold your keys and need a channel only to zap and be zapped, small channels are ok, maybe even make them private, so you're the only one using them.
(Lightning-)Fees don't really matter on private channels, I'd do a small zero-fee channel with you if you need one, just gimme a hint.
If you want to route other peoples Tx, bigger is always better, in terms of network-liquidity and fee-settings.
example szenario:
you open a channel for 99sats and assume you might be able to close it for another 200sats.
You'd set the fee of a 1M channel to 300ppm, so if the channel just gets drained, you don't lose money.
For a 10M channel your low-risk-fee-limit would only be 30ppm though, which means cheaper Tx (and better liquidity) for everyone.
And for the sooner rather than later question, that's just a matter of the mempool/on-chain-fees really. Everytime the fees are low is a good time to open (or close) channels, no matter the size, now or someday.
It always depends on what you're trying to achieve.
If you just want to hold your keys and need a channel only to zap and be zapped, small channels are ok, maybe even make them private, so you're the only one using them.
(Lightning-)Fees don't really matter on private channels, I'd do a small zero-fee channel with you if you need one, just gimme a hint.
If you want to route other peoples Tx, bigger is always better, in terms of network-liquidity and fee-settings.
example szenario:
you open a channel for 99sats and assume you might be able to close it for another 200sats.
You'd set the fee of a 1M channel to 300ppm, so if the channel just gets drained, you don't lose money.
For a 10M channel your low-risk-fee-limit would only be 30ppm though, which means cheaper Tx (and better liquidity) for everyone.
And for the sooner rather than later question, that's just a matter of the mempool/on-chain-fees really. Everytime the fees are low is a good time to open (or close) channels, no matter the size, now or someday.