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
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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