square shape over clouds

Status

Completed

Square Capacity

750,000 SAT

0.75M SAT / 0.0075 BTC

Spaces Available

None

All 4 spaces are filled

Channel Duration

12 months or more

Open at least till: October 14, 2022

Participant Restrictions

As reported in your profile, which updates every hour.

Channels

8 channels

Minimum number of channels

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: 3795 was created on October 14, 2021 by wolfshade.

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

wolfshade

wolfshade

Rated

Applied 9 days ago and last seen 1 day ago.

Has ~1.057 BTC capacity in 81 channels.

A have opened to B

Node B

Channel Opened

NJW-NODE

NJW-NODE

Rated

Applied 9 days ago and last seen about 5 hours ago.

Has 24,750,000 SAT capacity in 31 channels.

B have opened to C

Node C

Channel Opened

Applied 9 days ago and last seen 2 days ago.

Has 19,600,000 SAT capacity in 20 channels.

C have opened to D

Node D

Channel Opened

bcashlol

bcashlol

Rated

Applied 9 days ago and last seen about 2 hours ago.

Has 26,405,337 SAT capacity in 32 channels.

D have opened to A


16 Comments

bcashlol

bcashlol wrote 9 days ago

SelfSovereign1 channel is open to me and fee is set to zero - wolfshade is still waiting to confirm


bcashlol

bcashlol wrote 9 days ago

Wolfshade confirmed open and fee set to zero


NJW-NODE

NJW-NODE wrote 8 days ago

Opened my channel to SelfSoverign1 but could take a while bcos of low fees, will let you know once it's opened.


wolfshade

wolfshade wrote 8 days ago

@bcashlol are you sure? I can still see 1ppm.


NJW-NODE

NJW-NODE wrote 8 days ago

Channel opened, fees set to 0/0


NJW-NODE

NJW-NODE wrote 8 days ago

Any volunteers for rebalancing? ;-)


wolfshade

wolfshade wrote 8 days ago

@bcashlol still has fees on his channel with me.


bcashlol

bcashlol wrote 8 days ago

ok i think i really have it to zero now


wolfshade

wolfshade wrote 8 days ago

Something is wrong. Fees are 0 now, but the re-balance is not routing properly. No re-balancing is working today :/.


bcashlol

bcashlol wrote 8 days ago

Wish I knew how to help, lightning is still pure fucking magic to me. At least since creating swaps here I'm starting to route payments every day.


NJW-NODE

NJW-NODE wrote 8 days ago

@bcashlol I've got a few channels but no routing yet :-/


bcashlol

bcashlol wrote 8 days ago

maybe it was a coincidence, but after 8 months my node started routing 10-20 payments a day the first day I made swaps.


SelfSovereign1 wrote 8 days ago

NJW-NODE Sorry been out all day fishing and just got home. Don't see the node connection yet?

bcashlol you just have to mess around with your fees and see what works. More of a guess and see what works over time with different nodes.

Saying that the more you're connected to with all of them having different connections the more you'll be able to route through your node.


wolfshade

wolfshade wrote 7 days ago

I think have read somewhere that fees are not considered much currently. And algorithms favor short and reliable route rather than fewer sats lower price. So setting higher fees don't change much. It's more like your visibility by other nodes. You simply need to be some time on the network before others start to acknowledge you.

I also see it as an investment. I think LN will grow and so the payments and routing and having a long running well connected node will pay off in the future.

BTW: there are still some fees in our circle or something... I tried to re-balance using 2 tools and still nothing. Either high fees or no suitable route :/.


wolfshade

wolfshade wrote 7 days ago

Well I guess we are skipping initial re-balancing, because some payments went already through my channel from this swap.


NJW-NODE

NJW-NODE wrote 7 days ago

I just rebalanced and ate the fees :-)


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