rebalance-lnd
BitBook
rebalance-lnd | BitBook | |
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22 | 3 | |
341 | 42 | |
- | - | |
6.2 | 4.8 | |
1 day ago | 6 months ago | |
Python | Java | |
MIT License | MIT License |
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rebalance-lnd
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Rebalancing Channels
Additionally I use rebalance-lnd to rebalance channels manually. BOS can also rebalance as well as perfectly balanced.
- What can I do with my skill of writing Python in the Bitcoin space?
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📑 MiniBolt resources 📚 List of the MiniBolt core/bonus guides + latest versions
rebalance-lnd v2.3 (Released: 17th January 2022) - https://github.com/C-Otto/rebalance-lnd/releases
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The Lightning Network is fast, but it kinda sucks.
Are you using channel rebalancing tools at all? Like Balance of Satoshis, or rebalance-lnd? I really like the latter.
- Automate balancing with tools, is there good recent tutorial [end of 2022]?
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LN for merchants, some questions
Take a look at rebalance-lnd: https://github.com/C-Otto/rebalance-lnd
- Lightning Network is User Unfriendly
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⚡Raspibolt Twice-Monthly Rundown - 🌕 Jan 17th, 2022⚡ Guide & software updates, new Github pull requests & issues and other news
rebalance-lnd v2.3: Release page - Upgrade guide
- What actions should I take in RTL to properly balance these channels?
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âš¡ Lightning Thursday! November 25, 2021: Explore the Lightning Network!âš¡
There are some tools like this but it is very hard to automate rebalancing since each node market dynamics is different. And it changes constantly. You can automate but you have to constantly update the logic.
BitBook
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How to Calculate Earnings?
I use BitBook (https://github.com/C-Otto/BitBook/) to track my on-chain expenses, and have a look at lncli fwdinghistory (which I process into a database) to reason about my off-chain fees.
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How do you handle taxes using the LN?
I created BitBook that helps you keep track of your on-chain funds: https://github.com/C-Otto/BitBook
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Has anyone done the math
Yes. The new version of rebalance-lnd aims hat only creating rebalance transactions that help you earn more in the future (assuming your fee rate configuration is a good indicator of what to expect). With BitBook you can track all on-chain transactions, including channel close/open and sweep transactions.
What are some alternatives?
charge-lnd - charge-lnd is a simple policy based fee manager for LND. With this tool you can set fees to autobalance, recover channel open costs, use on-chain fees as reference, use channel activity to determine fees or just use static fees.
bisq - A decentralized bitcoin exchange network
lndmanage - Channel management tool for lightning network daemon (LND) operators.
lightning-tools - Tools for Lightning Network node operators
balanceofsatoshis - Tool for working with the balance of your satoshis on LND
mycompany - ERP-system for small businesses
lightning-docs - Some in-depth articles about the Lightning Network
lndfeesmanager
electrum - Electrum Bitcoin Wallet
raspibolt - RaspiBolt v3: Bitcoin & Lightning full node on a Raspberry Pi
lntop - :zap: LN terminal dashboard :bar_chart:
raspiblitz - Get your own Bitcoin & Lightning Node running - on a RaspberryPi with a nice LCD