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Some notes.

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pablo 2022-01-18 14:44:33 +01:00
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lightning_node_management.md
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@ -229,13 +229,18 @@ So things would go this way:
1. Buy a 100€ grocery voucher through bitrefill. Pay the invoice through an 1. Buy a 100€ grocery voucher through bitrefill. Pay the invoice through an
unbalanced channel of my node. Now I owe Counterweight LTD 100€. 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 2. Go grocery shopping with that, cause I need to eat.
3. When I owe Counterweight LTD a reasonable amount, like 500€, get some BTC
with my own money and send it to Counterweight LTD wallet. with my own money and send it to Counterweight LTD wallet.
3. Done! No debts outstanding and the channels have been rebalanced. 4. 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 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 same benefit without having to pay their huge fees. Plus, I do my groceries
with btc. How badass is that? with btc. How badass is that?
There's a bit of fee paying involved, but it's orders of magnitude inferior to
what I would incurr with the other methods to get liquidity, so not much of a
problem.
I just need to be tidy with keeping track of the balances and that should be I just need to be tidy with keeping track of the balances and that should be
it. it.