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Episode 67: Insights From the Fourth Largest Lightning Network Node
Manage episode 346366439 series 2860967
At the start of the episode, Sjors first gives a brief update on the bug that brought down LND nodes, discussed in episode 66. He confirms that his assessment of the cause was correct, and explains that a very similar bug has brought down LND once more since recording of the last episode.
Aaron and Sjors then go on to ask Sam about the contents of his report, with a focus on three subsections of the report in particular.
First, Aaron, Sjors and Sam discuss the current status of fees and liquidity. Sam explains that large Lightning nodes can earn a “return on investment” of several percentages per year by routing payments over the network, but that this does require active channel maintenance to manage liquidity.
Lastly, Sam outlines some of the challenges and concerns related to running Lightning infrastructure for businesses.
THIS EPISODE’S SPONSORS:
Voltage - https://voltage.cloud/
Bitcoin 2023 Miami - https://b.tc/conference/
Bitcoin Magazine - https://store.bitcoinmagazine.com/
Bitcoin Magazine Pro - https://bitcoinmagazine.com/tags/bitcoin-magazine-pro
Lower your time preference and lock-in your BITCOIN 2023 conference tickets today! Use the code BMLIVE for a 10% Discount!
Use promocode: BMLIVE for 10% off everything in our store!
94 episodes
Manage episode 346366439 series 2860967
At the start of the episode, Sjors first gives a brief update on the bug that brought down LND nodes, discussed in episode 66. He confirms that his assessment of the cause was correct, and explains that a very similar bug has brought down LND once more since recording of the last episode.
Aaron and Sjors then go on to ask Sam about the contents of his report, with a focus on three subsections of the report in particular.
First, Aaron, Sjors and Sam discuss the current status of fees and liquidity. Sam explains that large Lightning nodes can earn a “return on investment” of several percentages per year by routing payments over the network, but that this does require active channel maintenance to manage liquidity.
Lastly, Sam outlines some of the challenges and concerns related to running Lightning infrastructure for businesses.
THIS EPISODE’S SPONSORS:
Voltage - https://voltage.cloud/
Bitcoin 2023 Miami - https://b.tc/conference/
Bitcoin Magazine - https://store.bitcoinmagazine.com/
Bitcoin Magazine Pro - https://bitcoinmagazine.com/tags/bitcoin-magazine-pro
Lower your time preference and lock-in your BITCOIN 2023 conference tickets today! Use the code BMLIVE for a 10% Discount!
Use promocode: BMLIVE for 10% off everything in our store!
94 episodes
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