vnprc on Nostr: Yeah this sounds like a lightning node issue. Did you not have an existing lightning ...
Yeah this sounds like a lightning node issue. Did you not have an existing lightning wallet?
Just FYI receiving small transactions to a new node with no channels is an expensive proposition. Your service provider probably has a minimum channel size and you are being charged for extra inbound liquidity.
Best practice is to fund a new lightning wallet with a large on-chain transaction. Then spend your balance down naturally or swap it out with a submarine swap. That way you have a large channel balance ready ahead of time with inbound liquidity. This lets you avoid paying high time preference fees.
Worst practice is to start with a small channel and have to increase the size of your channel each time you receive a payment. It sounds like you might be doing the latter. You might as well use Muun b/c you are transacting on chain for each LN payment. 😬
Published at
2025-01-25 16:43:19Event JSON
{
"id": "ae7fe7603c30c565f01d7fa79ccccb005d422440008810e9f4dd4da03b835c63",
"pubkey": "d3052ca3e3d523b1ec80671eb1bba0517a2f522e195778dc83dd03a8d84a170e",
"created_at": 1737823399,
"kind": 1,
"tags": [
[
"e",
"20580c6b46cb421a6f20cf05c73963769b6cc403522e19c84c924beee1752b41",
"",
"root"
],
[
"e",
"02b80f5cf800d7111dcee97c69633dc929911137ecac49b52e16d1adfcdb1aa0"
],
[
"e",
"09b53427bca17e42c9564e7e9e388b0c127fdb26fa91d3e644cf5fb57296287e",
"",
"reply"
],
[
"p",
"a37118a4888e02d28e8767c08caaf73b49abdac391ad7ff18a304891e416dc33"
],
[
"p",
"a44dbc9aaa357176a7d4f5c3106846ea096b66de0b50ee39aff54baab6c4bf4b"
],
[
"p",
"7a78fbfec68c2b3ab6084f1f808321ba3b5ea47502c41115902013e648e76288"
]
],
"content": "Yeah this sounds like a lightning node issue. Did you not have an existing lightning wallet?\n\nJust FYI receiving small transactions to a new node with no channels is an expensive proposition. Your service provider probably has a minimum channel size and you are being charged for extra inbound liquidity.\n\nBest practice is to fund a new lightning wallet with a large on-chain transaction. Then spend your balance down naturally or swap it out with a submarine swap. That way you have a large channel balance ready ahead of time with inbound liquidity. This lets you avoid paying high time preference fees.\n\nWorst practice is to start with a small channel and have to increase the size of your channel each time you receive a payment. It sounds like you might be doing the latter. You might as well use Muun b/c you are transacting on chain for each LN payment. 😬",
"sig": "7c0d591e4eeefefc27f6993788e4d02883af918a55e0b6aa6a7284ad64b9a0ecb07c6c283a3db7f4914a52b2b2ad8161df9438bd2b7900815bcd55f0a051ed7f"
}