LNBϟG on Nostr: If I were to summarize, it seems to me that running nodes solely to earn from routing ...
If I were to summarize, it seems to me that running nodes solely to earn from routing doesn't make much sense. I believe the future lies with nodes operated by merchants aiming to accept bitcoins, as well as nodes set up specifically to pay for various services. Both types of nodes will strive to maintain channels with other counterparties, making routing more of a side activity rather than a primary focus.
Fundamentally, I am an active user of the Bitcoin Lightning Network. I enjoy making payments wherever possible using this network. Therefore, my network of nodes essentially serves as hubs that I connect to with my wallets to pay for the goods or services I purchase.
Of course, I could shut down all these nodes, set up a small personal home server, open a few channels to the merchants I buy from, and that would likely work perfectly for me. However, on the other hand, I feel a significant responsibility for supporting the Lightning Network. As long as I'm able, I will maintain these nodes and support the network to the best of my ability because I really want as many users as possible to connect to this network and experience minimal issues while using it. Naturally, I always recommend my friends and acquaintances to connect and open channels with my nodes. I often don't tell them that these are my nodes, but I always recommend them because I know that if a wallet is connected to any of my network's nodes, there won't be any problems when making payments for goods or services, and transactions will occur with the lowest possible fees.
However, I'm concerned that my entire network relies on me as a single individual. I realize that if I were to fall ill or something were to happen to me, there is a significant risk that the funds in the channels could become stuck, and my family and relatives wouldn't be able to retrieve them from the channels. Moreover, at some point, the hosting service might simply shut down the server due to non-payment, leading to an unpleasant situation. Additionally, I don't want to trust the management of the nodes to hired employees because where there is money and assets, there will always be people looking for ways to take them for their own benefit.
Published at
2025-03-15 00:37:19Event JSON
{
"id": "1ec59831f077810ba926e08e5b8077a74e5f7bccb808a191ce171c6fd076988b",
"pubkey": "9a39bf837c868d61ed8cce6a4c7a0eb96f5e5bcc082ad6afdd5496cb614a23fb",
"created_at": 1741999039,
"kind": 1,
"tags": [
[
"e",
"c9817d9c86944d737412ed1e93c79e9a570ead19403062f7a201cebb5907a912",
"",
"root"
],
[
"e",
"d9347aaae4a8935cbb4eb4bfcec1810a8a0a3778289d7297e4c980c1d65d036a"
],
[
"e",
"b9e8c6e96a0bf1800cd2723b0e78cd548748db37aa9eee2490f596670dbd136c",
"",
"reply"
],
[
"p",
"9a39bf837c868d61ed8cce6a4c7a0eb96f5e5bcc082ad6afdd5496cb614a23fb"
],
[
"p",
"54eb734c9375f404fb4c069638c2dd870c32b81db8b2c1d36fa4ab511e367fb5"
]
],
"content": "If I were to summarize, it seems to me that running nodes solely to earn from routing doesn't make much sense. I believe the future lies with nodes operated by merchants aiming to accept bitcoins, as well as nodes set up specifically to pay for various services. Both types of nodes will strive to maintain channels with other counterparties, making routing more of a side activity rather than a primary focus.\n\nFundamentally, I am an active user of the Bitcoin Lightning Network. I enjoy making payments wherever possible using this network. Therefore, my network of nodes essentially serves as hubs that I connect to with my wallets to pay for the goods or services I purchase.\n\nOf course, I could shut down all these nodes, set up a small personal home server, open a few channels to the merchants I buy from, and that would likely work perfectly for me. However, on the other hand, I feel a significant responsibility for supporting the Lightning Network. As long as I'm able, I will maintain these nodes and support the network to the best of my ability because I really want as many users as possible to connect to this network and experience minimal issues while using it. Naturally, I always recommend my friends and acquaintances to connect and open channels with my nodes. I often don't tell them that these are my nodes, but I always recommend them because I know that if a wallet is connected to any of my network's nodes, there won't be any problems when making payments for goods or services, and transactions will occur with the lowest possible fees.\n\nHowever, I'm concerned that my entire network relies on me as a single individual. I realize that if I were to fall ill or something were to happen to me, there is a significant risk that the funds in the channels could become stuck, and my family and relatives wouldn't be able to retrieve them from the channels. Moreover, at some point, the hosting service might simply shut down the server due to non-payment, leading to an unpleasant situation. Additionally, I don't want to trust the management of the nodes to hired employees because where there is money and assets, there will always be people looking for ways to take them for their own benefit.",
"sig": "691d2a798f351f86aa2267dda60029f5ab15df2aba4e3ecccba4bd8990ca3939bda2cee2a18112a66b6c7bf3867d72f140f239cbfec9a2e4077516878a70a4e0"
}