Some notes.
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@ -187,3 +187,55 @@ channels mature a bit so that I earn some street creed that allows me to get
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into more exclusive swaps.
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I can already tell it's gonna be quite a few nights of little sleep...
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## Plebnet tribe
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Plebnet this, plebnet that... I kept reading about the plebs everywhere.
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Apparently it's just this bunch of people gathering in telegram to open
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channels and help each other out. Old school forum style, like in the P2P
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piracy times.
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Today I stumbled upon the [plebnet wiki](https://plebnet.wiki/wiki/Main_Page)
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and I found quite a few useful things. When reading this and similar resources,
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I'm realising that there's a lot of people doing exactly the same discovery
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path I am going through with the lightning network. It's very exciting to see
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this happening. Will it blow up exponentially? I keep on dreaming awake with
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that idea.
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Anyways, for the cool stuff:
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- I read their hardening page. It seems pretty standard linux security, so I
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don't feel I need to take any extra steps in this topic.
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- [A small guide](https://plebnet.wiki/wiki/Upgrading_Umbrel_Node) on how to
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upgrade umbrel. It seems umbrel is a rather popular choice.
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## The self-routing trick...
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I was reading a post on the lightningnetwork subreddit when I spotted a
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brilliant idea. Like all routing nodes wannabe, I will be having troubles
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pretty often with getting remote balance. The only chances to get some are
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swaps (which only provides at the beginning), services like LOOP (which come
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with a hefty fee) and natural flow of payments (which will only happen with a
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lot of time, effort and capital).
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And there comes this guy and says: "you can also get remote balance by spending
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your money". Brilliant! It's completely true. If I ever need to pay for
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something through the Lightning Network, I can just do it through the node and
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afterwards refill it through the main chain with new btc. Since I can do my
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grocery shopping with bitrefill, that means I have like 300.000sats of weekly
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rebalancing power.
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So things would go this way:
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1. Buy a 100€ grocery voucher through bitrefill. Pay the invoice through an
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unbalanced channel of my node. Now I owe Counterweight LTD 100€.
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2. When I owe Counterweight LTD a reasonable amount, like 500€, get some BTC
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with my own money and send it to Counterweight LTD wallet.
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3. Done! No debts outstanding and the channels have been rebalanced.
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It's just great. Basically, I'm playing LOOP's role with myself, so I get the
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same benefit without having to pay their huge fees. Plus, I do my groceries
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with btc. How badass is that?
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I just need to be tidy with keeping track of the balances and that should be
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it.
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