pentagon shape over clouds

Status

Completed

Pentagon Capacity

2,000,000 SAT

2.0M SAT / 0.02 BTC

Spaces Available

None

All 5 spaces are filled

Channel Duration

6 months or more

Open at least till: February 01, 2022

Participant Restrictions

As reported in your profile, which updates every hour.

Channels

10 channels

Minimum number of channels

Capacity

10,000,000 SAT

Minimum total channel capacity

Description

This is a Bitcoin Lightning Network liquidity swap, designed to help LN node operators generate both outgoing and incoming liquidity, increase connectivity and decentralization of the network.

Swap ID: 1079 was created on August 01, 2021 by ThanksSatoshi.

What to Do Next?

This Swap is closed for applications. Please find another Swap, and sign in to join or start a new one.


Node A

Channel Opened

ThanksSatoshi

ThanksSatoshi applied about 2 months ago
Last seen 11 days ago

Rated

A have opened to B

Node B

Channel Opened

DumpsterFire

DumpsterFire applied about 2 months ago
Last seen 28 days ago

Rated

B have opened to C

Node C

Channel Opened

Anonymous868 applied about 2 months ago
Last seen about 1 month ago

Rated

C have opened to D

Node D

Channel Opened

Anonymous692 applied about 2 months ago
Last seen 10 days ago

Rated negatively

D have opened to E

Node E

Channel Opened

Pathfinder

Pathfinder applied about 2 months ago
Last seen 1 minute ago

Rated

E have opened to A


16 Comments

Pathfinder

Pathfinder wrote about 2 months ago

Rock on. I've set my fees to zero to faciliate any rebalancing you guys want to do.


ThanksSatoshi

ThanksSatoshi wrote about 2 months ago

You superstar thanks Pathfinder


Anonymous692 wrote about 2 months ago

Channel opened! Would anyone be up to ignite the ring after all are open? Such that we all get two balanced channels :D


Pathfinder

Pathfinder wrote about 2 months ago

What tools and procedures do folks use to ignite rings? I've seen instructions at https://github.com/Rings-of-Fire/ring-of-fire#build-the-route but I've never done it myself. I've just done rebalances between 2 channels using the built-in tools in RTL and ThunderHub. Would be very cool if LN+ had an "ignite the ring" button someday. ;)


ThanksSatoshi

ThanksSatoshi wrote about 2 months ago

I'm new to this but very open to suggestions/education


Pathfinder

Pathfinder wrote about 2 months ago

I just asked this very question in the new Q&A section here. https://lightningnetwork.plus/questions/26


Anonymous868 wrote about 2 months ago

Yes rebalancing :D


Anonymous868 wrote about 2 months ago

I put my fees to zero


Anonymous692 wrote about 2 months ago

Has anyone ever done this before? I have been reading a bit on it and can't really figure out how to do it yet


Anonymous692 wrote about 2 months ago

I have tried a simple rebalance of the channel open to me with the one I opened to Pathfinder. I don't know for sure how the 927k sats traveled from one to the other, but logic says it should have happened through the ring! So check it out, maybe we are all now kind of balanced


ThanksSatoshi

ThanksSatoshi wrote about 2 months ago

Thanks for the update. I've tried rebalancing between my channels to Pathfinder and Dumpster Fire and yet RTL tells me "Error: no_route". That can't be right any thoughts on what I should do anyone?


Anonymous868 wrote about 2 months ago

I just checked, but I don`t see that it is balanced.


Anonymous868 wrote about 2 months ago

But it is not easy when every body tries to rebalance with it`s node besides him in the ring.


Anonymous868 wrote about 2 months ago

It should be possible to balance the complete ring in one go


Pathfinder

Pathfinder wrote about 1 month ago

There are some good links in this Q&A post I made: https://lightningnetwork.plus/questions/26


Pathfinder

Pathfinder wrote 15 days ago

@Anonymous692 you closed your channel to me and broke the ring. Why?


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