diff --git a/lightning_node_management.md b/lightning_node_management.md index 08b8843..5184df7 100644 --- a/lightning_node_management.md +++ b/lightning_node_management.md @@ -186,4 +186,56 @@ trying to get the best possible partners and then letting my fresh open channels mature a bit so that I earn some street creed that allows me to get into more exclusive swaps. -I can already tell it's gonna be quite a few nights of little sleep... \ No newline at end of file +I can already tell it's gonna be quite a few nights of little sleep... + +## Plebnet tribe + +Plebnet this, plebnet that... I kept reading about the plebs everywhere. +Apparently it's just this bunch of people gathering in telegram to open +channels and help each other out. Old school forum style, like in the P2P +piracy times. + +Today I stumbled upon the [plebnet wiki](https://plebnet.wiki/wiki/Main_Page) +and I found quite a few useful things. When reading this and similar resources, +I'm realising that there's a lot of people doing exactly the same discovery +path I am going through with the lightning network. It's very exciting to see +this happening. Will it blow up exponentially? I keep on dreaming awake with +that idea. + +Anyways, for the cool stuff: + +- I read their hardening page. It seems pretty standard linux security, so I + don't feel I need to take any extra steps in this topic. +- [A small guide](https://plebnet.wiki/wiki/Upgrading_Umbrel_Node) on how to + upgrade umbrel. It seems umbrel is a rather popular choice. + +## The self-routing trick... + +I was reading a post on the lightningnetwork subreddit when I spotted a +brilliant idea. Like all routing nodes wannabe, I will be having troubles +pretty often with getting remote balance. The only chances to get some are +swaps (which only provides at the beginning), services like LOOP (which come +with a hefty fee) and natural flow of payments (which will only happen with a +lot of time, effort and capital). + +And there comes this guy and says: "you can also get remote balance by spending +your money". Brilliant! It's completely true. If I ever need to pay for +something through the Lightning Network, I can just do it through the node and +afterwards refill it through the main chain with new btc. Since I can do my +grocery shopping with bitrefill, that means I have like 300.000sats of weekly +rebalancing power. + +So things would go this way: + +1. Buy a 100€ grocery voucher through bitrefill. Pay the invoice through an + unbalanced channel of my node. Now I owe Counterweight LTD 100€. +2. When I owe Counterweight LTD a reasonable amount, like 500€, get some BTC + with my own money and send it to Counterweight LTD wallet. +3. Done! No debts outstanding and the channels have been rebalanced. + +It's just great. Basically, I'm playing LOOP's role with myself, so I get the +same benefit without having to pay their huge fees. Plus, I do my groceries +with btc. How badass is that? + +I just need to be tidy with keeping track of the balances and that should be +it. \ No newline at end of file