Wednesday, March 27, 2019

Loop and Channel fee management

Reading through this bitmex research I was wondering what Casa is planning to do in regards to these concepts:

"that to balance inbound/outbound capacity, node operators may need to:

  • Adjust both fee rates and the base fee, monitor the impact of the adjustments, and calibrate for the optimal income maximising settings
  • Analyse the network and look for poorly connected Lightning nodes with high payment demand, such as a new merchant
  • Analyse the fee market, not just for the network as a whole, but the high demand low capacity routes you are targeting
  • Constantly monitor and rebalance your channels to ensure there is sufficient two-way liquidity
  • Implement a custom backup solution for the latest channel states to protect funds in the event that the node machine crashes

LOOP is also looking very promising

"This ‘loop out’ and back into BTC or fiat could cause an incentive for a channel rebalance from the node with exiting capacity."

Looking forward to see how those features fit in the Casa nodes roadmaps. Thx


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