triangle shape over clouds

Status

Completed

Triangle Capacity

250,000 SAT

0.25M SAT / 0.0025 BTC

Spaces Available

None

All 3 spaces are filled

Channel Duration

12 months or more

Open at least till: November 28, 2022

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: 5193 was created on November 28, 2021 by Olli.

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

Olli

Rated

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

Has 2,075,431 SAT capacity in 6 channels.

Rank: 3 / Copper Node.

A have opened to B

Node B

Channel Opened

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

Has 2,950,000 SAT capacity in 8 channels.

Rank: 2 / Iron Node.

B have opened to C

Node C

Channel Opened

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

Has 500,000 SAT capacity in 1 channels.

Rank: 1 / Aluminium Node.

C have opened to A


13 Comments

Olli wrote about 2 months ago

thank you guys :)


RiccardoLasagne

RiccardoLasagne wrote about 2 months ago

thanks! I'll do the rebalancing


RiccardoLasagne

RiccardoLasagne wrote about 2 months ago

The rebalancing doesn't seem to work. Is the channel between you both already established?


Olli wrote about 2 months ago

yes. it is. do we need to rebalance already? (sorry. new to LN) and how do you do it? with RTL?


RiccardoLasagne

RiccardoLasagne wrote about 2 months ago

Rebalancing means that there should be capacity on both ends of each channel. Right now each of us has two channels, one where all the capacity is outbound (the channel you opened) and the other where all the capacity is inbound. But what we want is that both channels are "balanced", i.e. half of the total capacity on each end.

You can do that with RTL, and that's what I tried, but It doesn't work, I always get timeout. It worked for me before with other swaps.

If you want you can try, heres a tutorial: https://www.youtube.com/watch?v=09tLEZM4MgQ

No worries, I'm also very new to LN and a lot of things still don't make a lot of sense to me :-)


RiccardoLasagne

RiccardoLasagne wrote about 2 months ago

There's also a very brief description on the top of this page here. Basically click on the Action drop down menu on the channel that you opened and choose "circular rebalance". As incoming node choose the one which has opened a channel to you.


Olli wrote about 2 months ago

we do this so the funds can go both directions within our "triangle" i guess? ^^ ok. i will try this later today. but thanks


Olli wrote about 2 months ago

that worked for me


RiccardoLasagne

RiccardoLasagne wrote about 2 months ago

exactly! Now we're balanced! Thanks. Now I'd only like to understand why it did not work for me ;-)

Well, now on to the next swap. May our channels stay open for a long time!


RiccardoLasagne

RiccardoLasagne wrote about 2 months ago

@Bitnomad any particular reason why you closed the channel?


Olli wrote about 2 months ago

he closed the one to me too.. you wanna keep our channel open?


RiccardoLasagne

RiccardoLasagne wrote about 2 months ago

@Olli yes, why not?


Olli wrote about 2 months ago

not sure if this makes sense too keep it open. maybe its better to open a new and bigger swap. i just dont know. we dont have any traffic anyways ^^


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