Merchant

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Merchant

Aimed for receiving payments.
Capital requirement
minimal to buy incoming channels
temporarily high to create incoming capacity from channels opened
Channels and peers
few (2-3) channels with well connected and capitalized nodes
connect to nodes on the Bos list​
see existing fee settings on 1ml.com​
Check node stability on Lightning Web​
Liquidity
mostly remote
Uptime
high, but not perfect
unavailability affects sales
Management
​Loop out (Autoloop) to empty existing channels
Close and Reopen when channels are filled up
a channel open (and close) is not more expensive than using Loop given :
have onchain liquidity for more channels (or splice in in the future) or
can afford the channel downtime between peers to close and reopen
Buy further inbound liquidity​
Place bids on Lightning Pool​
Advertise to receive inbound
​Sweeping funds​
On-chain or off-chain sweeps may be necessary if Lightning wallet balance becomes too large
An off-chain sweep can improves your privacy as well as give you inbound liquidity
Examples
​Self hosted node connected to a local or remote BTCPayServer
BTCPayServer on a VPS (acceptable with low amount of funds)
Fully hosted solutions (trusted)
Special cases
Accepting donations​
Offer to pay onchain for high value payments (miner fee < 0.5-1%)
​
​
can progress to a Routing node as the number of connections and capital grows

Comparison table of software implementations

Next - Node Types

Spending

Last modified 28d ago

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