#checkmyaddy
HamSandwich
Director of Software Engineering at <insert big firm> If there’s a crash, chances are I bought whatever crashed the day before. Trials and tribulations of bootstrapping an LND node. When I know not much about anything! £3k funnelled in, with up to £400 extra added each month. What could go wrong (or right?!) My complete candid journey. https://amboss.space/c/btx
Lesson 8.
Remember to unblock port 22 before you enable ufw remotely. Failing that, remember your server’s terminal password given you’ve been using an ssh key and/or security token for remote access.
Failing that. Try every password you remember until you finally get the right one. phew
#lightning #lnd
Lesson 7 (though links to 6)
Start new channels with high fees then decrease them gradually to find the right price point. Else you’re just throwing free liquidity to your new peer and some, like ACINQ, will drain you in seconds once you open.
#lightning #lnd #bitcoin
Lesson 6. Nearly every channel has two price points. The rebalance price, and the actual market price. Make sure you target the right price point else life gets unnecessarily hard 🤦♂️
Lesson 5: if you have liquidity stuck, don’t be afraid to abandon a peer to hunt for a more balanced one. Everyone is after their own interests and it may not be beneficial for that particular node operator to help you balance. I burned a lot trying to dance around balancing a peer, when in reality slashing and burning is the better way for them for now.
Likewise channels that are too small just get liquidity stuck. The realisation I have 50k sats stuck in 3 channels when in my early days of setting up, every sat needs to be operational.
Oh and #Zeus is bloody awesome.
#lightningnetwork #lnd
6/14/2025, 1 engagement
Amboss custom urls you say? Well I guess I’d better get the one ending btc!
#lightning #lightningnetwork
6/12/2025, 3 engagements