square shape over clouds

Status

Completed

Square Capacity

1,500,000 SAT

1.5M SAT / 0.015 BTC

Spaces Available

None

All 4 spaces are filled

Channel Duration

6 months or more

Open at least till: December 27, 2021

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: 27 was created on June 27, 2021 by BTCitizen.

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

BTCitizen

BTCitizen

Rated

Applied 5 months ago and last seen 4 months ago.

Has 6,000,000 SAT capacity in 5 channels.

Rank: 2 / Iron Node.

A have opened to B

Node B

Channel Opened

BubsBittyLN

Rated

Applied 5 months ago and last seen 5 months ago.

Has 79,356,645 SAT capacity in 37 channels.

Rank: 7 / Silver Node.

B have opened to C

Node C

Channel Opened

Applied 5 months ago and last seen 4 months ago.

Has 12,850,000 SAT capacity in 11 channels.

Rank: 4 / Mercury Node.

C have opened to D

Node D

Channel Opened

nomorefiat

Rated negatively

Applied 5 months ago and last seen 24 days ago.

Has 0 SAT capacity in 0 channels.

Rank: 0.

D have opened to A


38 Comments

BubsBittyLN wrote 5 months ago

First time trying this out...


deeP wrote 5 months ago

Same here. But excellent initiative! Hope everyone will stick to the plan :-)


BTCitizen

BTCitizen wrote 5 months ago

We're winging it together, guys!


deeP wrote 5 months ago

Are you ok to open at 1-2sat/b ?
May take a few days though, until the difficulty adjustment.


BTCitizen

BTCitizen wrote 5 months ago

@deeP Sure. Working on opening channel to @Bubs now.


deeP wrote 5 months ago

Opening to @TracaChnag at 3 sat/b in progress. Have fun guys!


nomorefiat wrote 5 months ago

Opening NodeA 10sat/b


BTCitizen

BTCitizen wrote 5 months ago

And my node crashed right after attempting to open. Be back to it ASAP.


BubsBittyLN wrote 5 months ago

i'll do 3 sat/b


BubsBittyLN wrote 5 months ago

Should I wait until the Channel Opening is confirmed before I leave feedback? I can see BTCitizen's transaction but its obviously Pending


BTCitizen

BTCitizen wrote 5 months ago

@Bubs: my node is coming back up now. Gimme a few mins.


BubsBittyLN wrote 5 months ago

NP. I can see @BTCitizen opened the channel. I'm going to wait until it confirms before I click "Happy"... probably won't confirm until tonight most likely? I'll check back later tonight. Thanks all!


BTCitizen

BTCitizen wrote 5 months ago

Confirmed pending to BubsBittyLN and nomorefiat. Only 1 other channel open on my node (1ml), so bare with me. Unsure how long this will take.


deeP wrote 5 months ago

Only 3 blocks confirmed in 2 hours. We may have a few confirmed block in a row now, it should clear 3 sat/b transactions very soon.
Only 5Mb to clear on the blockchain.


BTCitizen

BTCitizen wrote 5 months ago

@deeP is 'nomorefiat' yours? Still pending.


BTCitizen

BTCitizen wrote 5 months ago

Correction: it's @tracachang. Are you still in?


deeP wrote 5 months ago

Hey,
Mine is still pending as well.
Mempool didn’t cleared at all, so our openings at low fees are still pending.
If there is no hurry, I’d wait a few days more before raising fees.


BTCitizen

BTCitizen wrote 5 months ago

👍🏼


BTCitizen

BTCitizen wrote 5 months ago

nomorefiat is now open.


BTCitizen

BTCitizen wrote 5 months ago

@tracachang, I’m still showing a pending/stuck channel, now renamed to GERMONEY. I’m assuming it’s yours, and it’s been over 48 hours.


nomorefiat wrote 5 months ago

What's wrong with you? why am I having a negative vote? My channel was opened in less than 48h.!!!!!


nomorefiat wrote 5 months ago

If I get a negative vote for doing things just correct I am gonna close the channel I have with you and fuck off. Cheers


deeP wrote 5 months ago

Come on guys, calm down!
Opening LN channels is not a race. And the situation with the difficulty adjustment is very exceptional.
Opening channel with high fees (like 10k sats of fees in total) will destroy your ROI... (1 sat per routing...).
So let's just wait a few more days, and all channels will be open and running.
We can then start a circular rebalancing between all of us.
Cheers


BTCitizen

BTCitizen wrote 5 months ago

@tracachang if you can't be bothered to respond to numerous messages asking you to clarify, until the point that you decide to have a fit, that's on you, bro.


nomorefiat wrote 5 months ago

@BTCitizen, the rules are clear, 48h and I've opened a CONFIRMED channel with you in less than 24h. Since the first moment you not stop bitching and crying asking when when and when. @deeP answered you about mempool fees (so why answer to say the same thing?), my channel still pending with him I did not make a drama just wait. And AFTER ALL it is me who receive a negative vote because you are just a moron and do not understand how it works. So because of you I have closed the channel, my patience is over. Others can thank you for not having completed the loop.

Bye


BTCitizen

BTCitizen wrote 5 months ago

Cry harder, kid.


nomorefiat wrote 5 months ago

Well it is not about crying is that you do not understand shit. And here is why:

Your node is not GERMONEY, is blitzkrieg, so saying you are renaming channels to GERMONEY just show how clueless you are. LOLZ

Checking your node can see the channel was on Tuesday, June 29, 2021 so saying 48h and still not connected it does not makes sense and shows how retarded you are.

I can be kind and I like to help or teach if I can, but no patience with clueless that wanna dispute.


TB303

TB303 wrote 5 months ago

@BTCitizen, it's u... ur channel is pending to me (germoney) from swap 33 it's not confirmed yet... bump fee plis ser


nomorefiat wrote 5 months ago

LOOOOOOOOLZ @BTCItizen even they come from another channels to comment confirming how clueless you are. Wait before answer, gonna grab some popcorn


BTCitizen

BTCitizen wrote 5 months ago

@TB303 Done.


deeP wrote 5 months ago

All right, all channels should be open by now thanks to mempool being cleared.


deeP wrote 5 months ago

So, @TracaChang, you closed your channel with @BTCitizen, right?
For the sake of the ring, could you then open a new channel to @BubsBittyLN?
That way, we would still be a 3 nodes completed ring. Then we can start a rebalance.
Thanks to keep us updated


nomorefiat wrote 5 months ago

yes @deeP I closed it for opening in less than 24h and being rated negative for no reason, so yeah finally I closed.

I would not mind to open a channel but as long as @BTCitizen messed it up and has a positive vote I do not agree.

Why don't you just open a channel to him so you'll close the loop?

Cheers


deeP wrote 5 months ago

Well, because I already have a channel opened to you. If I open to BTCitizen, you’ll be out of the ring. My channel with you won’t be rebalance.
However, if you open to Bubs, BTCitizen will be out of the ring. His channel won’t balance, and our channels between the 3 will have a circular rebalance.
He will be the looser at the end.


nomorefiat wrote 5 months ago

@deeP already answered why I do not agree, being out of the ring won't be an issue do don't worry and feel free to do as you wish/think it is best.


deeP wrote 5 months ago

Well, I guess I will take the opportunity of an empty mempool to close our channel with minimum damage.
Will reopen to BTCitizen in order to close de loop and do a circular rebalance. Otherwise, all of this would we wasted.
Cheers


BTCitizen

BTCitizen wrote 5 months ago

@deeP: your channel is confirmed.


BTCitizen

BTCitizen wrote 4 months ago

@deeP: Your channel appears to be down.


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