Spending

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Spending

Aimed for spending bitcoin cheaply and privately.
Capital requirement
low
depends on spending plan and available funds
allows to use up unmixed funds without creating change
Channels and peers
one channel to a well connected, capitalized and high uptime node is a good start, see the Bos list to pick a peer
use private channels to avoid publishing the node and the funding transactions
offline private channels don't damage the reliability of the network
Liquidity
mostly local
Uptime
not a factor (spend only when online)
Management
close depleted channels
​can refill via LN​
starting a new node often improves the onchain privacy
Examples
​Mobile wallets​
​Self hosted node on dedicated hardware​
Privacy oriented: slides about Running a Lightning Node Privately​
Use for social media like Sphinx chat​
Discussion: https://github.com/rootzoll/raspiblitz/issues/2073​

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