triangle shape over clouds

Status

Completed

Triangle Capacity

10,000,000 SAT

10.0M SAT / 0.1 BTC

Spaces Available

None

All 3 spaces are filled

Channel Duration

12 months or more

Open at least till: August 17, 2022

Participant Restrictions

As reported in your profile, which updates every hour.

Channels

10 channels

Minimum number of channels

Capacity

100,000,000 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: 1582 was created on August 16, 2021 by Edon.

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

Edon

Edon

Rated

Applied 2 months ago and last seen about 1 hour ago.

Has ~30.75 BTC capacity in 226 channels.

A have opened to B

Node B

Channel Opened

phatsats.com

phatsats.com

Rated

Applied 2 months ago and last seen about 14 hours ago.

Has ~20.89 BTC capacity in 232 channels.

B have opened to C

Node C

Channel Opened

FREEPLEB

Rated

Applied about 2 months ago and last seen 16 days ago.

Has ~1.946 BTC capacity in 50 channels.

C have opened to A


24 Comments

FREEPLEB wrote about 2 months ago

Opened a channel to Node A, Edon. Added Node B, SatoshiGram as new peer.


Edon

Edon wrote about 2 months ago

I will open the channel in 2 or 3 hours.


phatsats.com

phatsats.com wrote about 2 months ago

Hi Edon will it make sense if I balance our channel? Is it even possible?


phatsats.com

phatsats.com wrote about 2 months ago

or is that something only you can do since its your funds?


Edon

Edon wrote about 2 months ago

I'll try to rebalance the triangle. Waiting for your channel with Freepleb to be visible on my side.


phatsats.com

phatsats.com wrote about 2 months ago

Can you please teach me how to do this? I don't mind sending some sats your way. I see alot of channels have potential they do many forwards but now all the local balance shifted to remote and vice versa with the some other channels.


phatsats.com

phatsats.com wrote about 2 months ago

Another question I have, someone just sent 15 million inbound liquidity randomly, can I rebalance that so its 7.5 mil on both sides? or will I not be able to since that is technically not my sats?


Edon

Edon wrote about 2 months ago

https://medium.com/coinmonks/lightning-network-channel-balancing-with-thunderhub-972b41bf9243


Edon

Edon wrote about 2 months ago

Yeah, that's the idea of a rebalance: you send sats from a channel and they come back to you from another channel.


phatsats.com

phatsats.com wrote about 2 months ago

That's a pretty helpful tool nice thank you. So if someone opens inbound channel with me, do I do loop in to have funds on both sides? Did i get it right?


phatsats.com

phatsats.com wrote about 2 months ago

So if I do loop in with the inbound you sent over my way, it wants 10K sats is this a smart thing to do? or is there another method to keep costs down?


Edon

Edon wrote about 2 months ago

Too expensive. Wait for the rebalance of this triangle, I'll ask you to lower your channel fee rate before.


phatsats.com

phatsats.com wrote about 2 months ago

[EDON]
node.id = 0296b46141cd8baf13f3eff9bb217c5f62ce0a871886559d661af0ef422c042d4b
strategy = ignore

then manually change the fees?


FREEPLEB wrote about 2 months ago

Thanks for rebalancing the triangle Edon. I added fees to the channel because of the transactions were made earlier prior to the triangle completion. I can send sats to cover the fees. Let me know.


Edon

Edon wrote about 2 months ago

Hmmm, my channel with freepleb is already used a lot. @SatoshiGram: I'm rebalancing our channel, it will cost few hundreds of sats.


phatsats.com

phatsats.com wrote about 2 months ago

Okay so what exactly do I do now? sorry this is literally my 4th day running a node


Edon

Edon wrote about 2 months ago

@Freepleb: our channel was already balanced, so I can't rebalance the triangle. Please try to rebalance your channel with SatoshiGram directly.
@SatoshiGram: our channel is rebalanced, I paid 1300 sats for that, it's ok.


Edon

Edon wrote about 2 months ago

@SatoshiGram: you use charge-lnd, great tool! yeah if you want to use manual fee rate, that's what you need to add to charge.cfg to ignore our channel.
You can remove this configuration now, our channel is ok.


FREEPLEB wrote about 2 months ago

I guess my rebalance effort went through. First time rebalancing through my phone kinda slow.


phatsats.com

phatsats.com wrote about 2 months ago

Okay done. Thank you guys. @edon how do you have an open 2 btc channel with loop? isn't the max ammount 0.16 ?


Edon

Edon wrote about 2 months ago

it's 0.16 by default. If you activate "wumbo channels", the new default limit is 10 btc.


phatsats.com

phatsats.com wrote about 2 months ago

wow thats awesome thank you


phatsats.com

phatsats.com wrote about 2 months ago

can you please direct me where to read how to change settings in the lnd.conf?

Also how were you able to rebalance just for 1300? Can you teach me please I really don't mind sending sats your way. I'm just trying to grasp the concept


Edon

Edon wrote about 2 months ago

about rebalancing: with https://github.com/C-Otto/rebalance-lnd or https://github.com/alexbosworth/balanceofsatoshis

about changing lnd.conf: https://lightningwiki.net/index.php/Setting_alias_and_color_for_Umbrel


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