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Topic: The Lightning Network node experience - page 7. (Read 3480 times)

member
Activity: 637
Merit: 11
July 05, 2022, 04:04:13 AM
#65
So maybe its little off topic, but I try running a LN Node sometimes always stuck.

The thing is I want to have the possibility of some settings like channel fee and so on.

I dont wanna buy a Raspi so I wanna use Ubuntu VPS, but I dont get this (https://github.com/lightningnetwork/lnd/releases) LN daemon work.

Is there any good beginners guide for it somewhere? My search not helped me.

As I understand as I got a windows node working for a while, you need to fund "the other side of the channel". Is that really needed and when yes, how you do it?

Thanks for your help

Arwed
hero member
Activity: 1274
Merit: 681
I rather die on my feet than to live on my knees
June 29, 2022, 05:16:14 PM
#64
I just updated my previous post. I just did a few significant new forwards and I wanted to include it in the post above. It was a forward of over 500k sats and collected over 1000 mSat. I think this might have been the biggest forward I did since I started my node like around 2 years ago. But this is still quite quiet these days!

Edited;
Instead of editing the previous post, I decided to post an updated image so that I can also keep track of it!

Image removed

Edited;
I just got it wrong. The new image was from June! Forget this post!
hero member
Activity: 1274
Merit: 681
I rather die on my feet than to live on my knees
June 26, 2022, 05:32:56 AM
#63
Hi. Very quiet too on my side.


I have not being very pro-active changing fees etc, and I had yesterday 3 channels that were offline, for instance. I don't ave idea what else can I do in order to make my node more active. I have a friend of mine that has a lot more action in his node than me. Ok, his node is probably like twice, or even more, bigger than mine, but yet, he has way more than 3x the forwardings than me!

Most of my channels are pretty well balanced and despite the fact, most of my channels are under 1M sats, I have at least 3 over 1M sats of a total of 8 channels.
hero member
Activity: 882
Merit: 5834
not your keys, not your coins!
June 24, 2022, 06:14:29 PM
#62
Here are the stats for May. I routed only 3 transactions, all of which were free of charge. June is not going to be good as well. My node was down from the beginning of the month until this week.


I didn't have much activity either; both last and this month. Somehow there were two channels that I simply wasn't able to rebalance anymore either, so I closed them; this means I'm right now looking for a new channel partner.. Smiley Just in case someone's interested - otherwise I'll look around online.
legendary
Activity: 1876
Merit: 3132
June 24, 2022, 05:31:10 PM
#61
Here are the stats for May. I routed only 3 transactions, all of which were free of charge. June is not going to be good as well. My node was down from the beginning of the month until this week.

hero member
Activity: 882
Merit: 5834
not your keys, not your coins!
I rebalanced a few times with the rebalance plugin; a few times manually and also multiple times with the lightning-cli rebalanceall method.
This kept my channels more balanced and active throughout the month, but somehow I earn less than you guys. Grin

legendary
Activity: 1876
Merit: 3132
Here are the statistics for April.

I still haven't set up any auto-balancing/auto-fee-adjusting plugin. I don't think it would make that much of a difference. Some of my channels are set to route payments free of charge and they remain silent. I guess that I am at a point where opening new channels could help a lot but I don't really want to do it at this moment.

hero member
Activity: 1274
Merit: 681
I rather die on my feet than to live on my knees
April 08, 2022, 03:55:58 AM
#58
Here are my March stats.. Smiley
I need to rebalance often, so I'll have a look into adding another channel soon that might help 'route the other way round' more & keep channels more balanced.



@darkv0rt3x you seem to collect a lot of fees! Grin What are your fee rates?

I would prefer to have less failed routing attempts, both local_failed and failed and less fees collected, than the actual situation. I change fees every now and then, but my thumbs up rule is something like base = 90msat ~ 120msat and ppm = depends on the other peer. If I know it's a peer with more traffic, I usually set them a bit higher to easy up on lower amount transfers. I mean, to make smaller transactions cheaper and bigger transactions a bit more expensive. Also, I set both base and ppm values quite high for channels with more incoming capacity so that I try to channel activity more for outgoing channels. But sometimes, I have the idea that this takes no role. For instance, my best channel so far is with Boltz node. And usually, it doesn't matter if I have high fees on this channel because it keeps forwarding payments in AND out.
legendary
Activity: 1876
Merit: 3132
April 04, 2022, 04:21:07 AM
#57
@darkv0rt3x you seem to collect a lot of fees! Grin What are your fee rates?

Fee rates are publicly available information as they are needed for pathfinding. You can check his settings using any Lightning explorer. It's pretty straightforward on both  1ml.com and amboss.space; you just need to scroll down a little.
hero member
Activity: 882
Merit: 5834
not your keys, not your coins!
April 02, 2022, 10:20:47 AM
#56
Here are my March stats.. Smiley
I need to rebalance often, so I'll have a look into adding another channel soon that might help 'route the other way round' more & keep channels more balanced.



@darkv0rt3x you seem to collect a lot of fees! Grin What are your fee rates?
hero member
Activity: 1274
Merit: 681
I rather die on my feet than to live on my knees
April 02, 2022, 05:34:43 AM
#55
Hi. Once more I leave my results. Not much activity here either. Last couple of weeks I saw 2 channels closed. One from a Ring of Fire (without any apparent reason nor warning, Sad ) and another from a damaged channel database from LightningWatch node.

And from what I can see, I might be using very low fees in my outgoing channels. I might have to go for another run changing some fees.


hero member
Activity: 882
Merit: 5834
not your keys, not your coins!
April 01, 2022, 06:37:29 PM
#54
Probably has nothing to do with me rebalancing our channel earlier yesterday. Grin

Oh, now I see that 4 of those transactions were sent from your side. How many times did you rebalance our channel?
Once; the rest were probably routed payments. Smiley
legendary
Activity: 1876
Merit: 3132
April 01, 2022, 06:29:56 PM
#53
Probably has nothing to do with me rebalancing our channel earlier yesterday. Grin

Oh, now I see that 4 of those transactions were sent from your side. How many times did you rebalance our channel?
hero member
Activity: 882
Merit: 5834
not your keys, not your coins!
April 01, 2022, 06:18:21 PM
#52


On a positive note, my node routed 6 transactions today and I earned 351.58 satoshi. April looks promising!
Probably has nothing to do with me rebalancing our channel earlier yesterday. Grin
legendary
Activity: 1876
Merit: 3132
April 01, 2022, 04:35:58 PM
#51
March doesn't look good in comparison to other months. My Internet connection was unstable for over half a month and my node was down for a couple of days. I managed to fix it around the 26th and it took about 3 days before I started seeing routing attempts again.



On a positive note, my node routed 6 transactions today and I earned 351.58 satoshi. April looks promising!
hero member
Activity: 882
Merit: 5834
not your keys, not your coins!
March 02, 2022, 06:08:38 PM
#50
New record! 647.73 satoshi in fees collected from 60 transactions in February. A few days ago, I opened a dual-funded channel with @n0nce and it turned out to be the right call. We routed 41 transactions in a single day!


Hell yeah! I bet if you rebalance your channels a bit, it can continue. Grin
Seems like there is big demand to send from some of my peers to some of yours, but I'm almost out of outbound liquidity in our channel.
legendary
Activity: 1876
Merit: 3132
February 28, 2022, 06:41:01 PM
#49
New record! 647.73 satoshi in fees collected from 60 transactions in February. A few days ago, I opened a dual-funded channel with @n0nce and it turned out to be the right call. We routed 41 transactions in a single day!

hero member
Activity: 1274
Merit: 681
I rather die on my feet than to live on my knees
February 09, 2022, 03:14:07 PM
#48


I should say I haven't been very active changing fees to meet the new balances after a couple of forwardings. Maybe that is also holding my node a bit back. My node is not very big either. I think only around 0.06BTC of incoming liquidity, so I think it's kinda reasonable that my routing is not that good!
legendary
Activity: 1876
Merit: 3132
February 06, 2022, 04:45:26 PM
#47
Here are the stats for January. One of my largest channels, which I opened with some other bitcointalk user, was offline for at least half a month. Some of the routed payments were free of charge as I wanted to rebalance two of my channels this way.

legendary
Activity: 1876
Merit: 3132
January 06, 2022, 10:08:51 AM
#46
you can even open multiple channels in a single transaction. So you kinda pay once for two channels (however a bit more due to a larger transaction size).

In case someone still doesn't know, both c-lightning and LND can open multiple channels in a single transaction. The former has a dedicated command to it and the latter requires you to construct such a transaction manually. Mobile wallets users are out of luck for now.
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