Low Fees Buddy on Nostr: UPDATE: Closing all channels. Current fee situation caused by ordinals and brc-20 has ...
UPDATE: Closing all channels. Current fee situation caused by ordinals and brc-20 has affected my faith in lightning. I love the idea of bitcoin, and being self-sovereign, that was for me a key part of the bitcoin philosophy. But I have realised now that doesn't matter if you keep a well maintained and healthy node, at some point another incompetent noderunner will FC causing you a loss of hundreds of dollars if the mempool fees are >500 sat/vb. The more channels you have, the more likely is this to happen. This is the opposite of self sovereignty. One shouldn't be paying for the mistakes of others. Good luck to the fellow noderunners that keep going, you are an inspiration.
Published at
2023-05-16 13:19:55Event JSON
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"content": "UPDATE: Closing all channels. Current fee situation caused by ordinals and brc-20 has affected my faith in lightning. I love the idea of bitcoin, and being self-sovereign, that was for me a key part of the bitcoin philosophy. But I have realised now that doesn't matter if you keep a well maintained and healthy node, at some point another incompetent noderunner will FC causing you a loss of hundreds of dollars if the mempool fees are \u003e500 sat/vb. The more channels you have, the more likely is this to happen. This is the opposite of self sovereignty. One shouldn't be paying for the mistakes of others. Good luck to the fellow noderunners that keep going, you are an inspiration.",
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