02ec23ef38b0af053817 asked about 1 year ago
LNDg or Lightning Terminal?
Someone with long term experience on both, can share which one you prefer as fee automation and other features and why?
1 Comment
LN+ Admin wrote about 1 year ago
Here is what ChatGPT says:
When comparing LNDg and Lightning Terminal for operating a Bitcoin Lightning Network node, especially in terms of fee automation and other features, both offer unique capabilities:
When comparing LNDg and Lightning Terminal for operating a Bitcoin Lightning Network node, especially in terms of fee automation and other features, both offer unique capabilities:
Lightning Terminal (Litd)
- Automated Fee Management: The latest release of Lightning Terminal includes automated channel fee management. This feature, known as Autofees, can be enabled for all channels or selected ones. Autofees use the forwarded traffic of the top five earning channels over 60 days to determine a target throughput for the entire node, adjusting fees based on the past seven days of traffic for each channel. Fee adjustments are made in small increments every three days.
- Privacy and Security: The automatic fee management creates a new session with the Autopilot server, which is limited in its permissions through a dedicated macaroon. This session can be revoked at any time, ensuring privacy and security.
- Dashboard and Analytics: The Terminal Home UX now calculates return on investment at both a node and channel level, including earnings and costs related to channel activities and forwarding fees. A graph tracking fee earnings over time is also available.
- Future Automation Features: Lightning Terminal plans to introduce more automation features such as auto-channel opens and closes, reducing the maintenance overhead of running a node and improving fee revenue and balance of funds.
LNDg
- Node and Liquidity Automation: LNDg offers a suite of services for node and liquidity automation. It's designed to be a command center for running a profitable and efficient routing node, with features like automated rebalancing and peer selection.
- Dynamic Fee Setting: LNDg dynamically sets fees to encourage routing and keep channels balanced. It prefers larger channels for lower fee rates and matches high fees for channels with high fees. A fee rate discount is applied to channels with a lot of funds on the local side.
- Updated Features in Latest Version: The latest version of LNDg includes an updated dashboard for reduced load times, improved AutoFee logic with new variables, and additional tools for node management like operator notes for any channel and fee bump estimates.
Conclusion
- Lightning Terminal is more focused on automated fee management with a strong emphasis on privacy and security. Its dashboard and analytics provide comprehensive insights into node performance, and it's continuously adding new automation features.
- LNDg, on the other hand, offers a broader suite of node and liquidity automation services, with dynamic fee setting being a key feature. It's tailored more towards efficient routing node management, with various tools for analyzing and managing node performance.
The choice between LNDg and Lightning Terminal would depend on the specific needs of a node operator. If the priority is robust automated fee management with additional security features, Lightning Terminal could be preferable. For a more comprehensive suite of automation tools for node management, LNDg might be the better choice.
Please login to post comments.