Why Nostr? What is Njump?
2023-07-19 08:12:41
in reply to

yort on Nostr: gotcha, i guess the goal of my node was never to be a profitable routing node, i just ...

gotcha, i guess the goal of my node was never to be a profitable routing node, i just wanted to be using the lightning network, but doing so in a self sovereign manner (i.e. using my own node)

essentially just want to have one, or a few, well connected channels for mostly receiving non-KYC sats over the lightning network (so majority inbound liquidity), and maybe the occasional spend if there’s something cool i can buy using light i g

but, i’m asking all these questions because i want to understand the process for:
(a) initially getting mostly inbound liquidity from well connected, stable nodes that won’t close on me, and
(b) when the inbound liquidity is eventually exhausted (and i’m left with only outbound liquidity), what’s the best way for me to regain mostly inbound liquidity, and send the now already stacked sats to cold storage (on-chain)

sounds like my best scenario would be to make a LN+ offer (with no barrier to entry so i can participate), hope that others participating are decently connected nodes, then begin receiving sats using my inbound liquidity, and then if i exhaust my inbound then i should utilise a “loop out” service where i sent some sats to a lightning address (using outbound, but gaining inbound), and then the loop out service sends me those sats on-chain, which i then put into cold storage?

is my thinking approximately right?
Author Public Key
npub156ndcn2xqlav8wrty2gk8x9qtmen7wx2uhl2hmrxsvkwq2duza2sw03y3s