Stan Kladko [ARCHIVE] on Nostr: 📅 Original date posted:2017-12-13 📝 Original message: Thank you Presumably many ...

📅 Original date posted:2017-12-13
📝 Original message:
Thank you


Presumably many nodes will be behind firewalls. Are there any
firewall traversal mechanisms included (or some type of an overlay
network)?)



On Wed, Dec 13, 2017 at 2:53 PM, ZmnSCPxj <ZmnSCPxj at protonmail.com> wrote:
> Good morning Stan,
>
>>How to I discover nodes - is there any UI to see nodes currently
>>running on the network ?
>
> There are no UIs to my knowledge. Current LN programs keep track of this in
> their databases, although each one varies in detail. Presumably their
> individual main developers know how to extract this information.
>
> My understanding is that network bootstrap involves some LN nodes being
> discoverable via DNS, then your node will connect to them, request node
> gossip, then it (if you use some kind of auto-pilot channeling system like
> what lnd has) will select from the node information it acquires to select
> some nodes to connect and channel to.
>
> Note a precision, there is a difference between "connect" and "channel". To
> connect, means only that you contact them over the network and consumes only
> bandwidth and some small amount of CPU power on your node. To channel,
> means to commit some bitcoins to a payment channel between you.
>
>>>>How do I find out if someone wants to connect to me?
>>>The node connects to yours and sends channel funding messages.
>>
>>In this case there is some kind of an UI where I can accept or reject -
>> correct?
>>Or I auto-accept everyone that connects to me?
>
> None. You auto-accept incoming channel requests. You might, if you are up
> to it, program your node to reject some nodes via any heuristic you choose,
> but you would have to implement that yourself. I know of no current LN
> software that has or intends to have such a feature, as there are little
> downside to accepting all channels --- you only spend less than a kilobyte
> of storage for each newly-opened channel --- while the upside is that a
> channel to you is a potential route which you can charge for, or a route you
> can receive funds through.
>
>>>If you intend to connect for the purpose of becoming a hub and earning
>>> routing fees, if you have some onchain bitcoins you can afford to invest,
>>> then it is to your interest to
>>channel with relatively new and low-connectivity nodes.
>>
>>If I become a hub, how much to I earn, approximately in routing fees?
>>Is it a percentage of transactions? Are routing fees the same for all
>>hubs?
>
> Each node indicates as part of its information a "fixed fee" and a
> "proportional fee". The "fixed fee" is imposed per successful routing
> attempt, while the "proportional fee" is a ratio of the value traveling
> through the node when it is on the route. It is expected that there will be
> many nodes through which people can route, so there will be much
> competition and eventually the system will settle to a state where most
> nodes charge the same low fee.
>
>>If I am connecting to the network and see many hubs - how can I select
>>which hub to connect to? Is there any performance/reputation info
>>available for any hub?
>
> There are none. Presumably your auto-channeling program will gather
> statistics and other information to make some guesses on which nodes have
> good performance.
>
> Note that, there is nothing that specially privileges hubs, and this is
> deliberate. Any node can become a hub without permission or special
> treatment of the network, if by "hub" we mean "node with high number of
> channels". Indeed, even the DNS bootstrap, to my knowledge, should only be
> used to gather initial node gossip to acquire some *other* nodes that can
> potentially be channeled to.
>
> Regards,
> ZmnSCPxj