Why Nostr? What is Njump?
2023-11-27 12:10:58

yort on Nostr: i still haven’t opened any lightning channels on my own node because i don’t ...

i still haven’t opened any lightning channels on my own node because i don’t really feel like i have a good enough handle on the whole process

all i would really use my node for is buying non-kyc sats over lightning (and then maybe the occasional spend here and there as i find things worth spending some sats on)

i know i’ll need mostly inbound liquidity (because as i buy non-kyc sats they’ll need to be sent to me)

and then i’m pretty sure that as i draw down on that inbound liquidity, it’ll become outbound liquidity, and once it gets to a large enough amount (enough to justify the on-chain transaction) i can use a “loop-out” to get those lightning sats back on-chain (and then also “replenish” my inbound liquidity at the same time)

but, this is a whole lot of effort, and it feels like there’s a huge amount that could go wrong in the process 🤔

i haven’t even mentioned all the other factors like force closures, keeping proper backups, watchtowers, privacy, etc, etc

any suggestions?
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