umbrel VS mempool

I really thought this article was going to offer a solution, not just enumerate the problems. I'm already all too familiar with the problems.

I like what Umbrel[0] is doing. They're essentially expecting that just like computing was able to move from centralized mainframes to homes, servers are poised to make the same migration.

I think they really need to solve redundancy, though. If I'm to self-host anything important on a home server, I need to know I'll have some way to use it even if my home server fails, especially if I'm not at home when it happens.

I'd love to see some kind of system where I could partner up with other Umbrel users for backups/the ability to restore connectivity. If I knew that in an emergency, I could call my friend in town or my brother out of state and there was some procedure that would allow me to connect to an encrypted backup of what I'm needing, I would feel a lot better about taking responsibility for my own system.

[0] https://umbrel.com

I did my node via umbrel super easy to setup ;) https://umbrel.com

It's also not secure according to the repo here: https://github.com/getumbrel/umbrel/blob/master/SECURITY.md

For those interested in setting up a their own lightning node, check out Raspibolt, Umbrel, Plebnet .

There are a few raspberry pi solutions, including: - https://umbrel.com

I did it with the instructions/tutorial from https://umbrel.com/

The submission is a page from r/Buttcoin, a Bitcoin-hater subreddit, with a random screenshot making the $188 for $4.09 complaint.

For those who don't know, Bitcoin on-chain transactions fees are not proportional to the amount sent, and it is common knowledge that $5 on-chain transactions are not practical. There are other solutions for sending smaller amounts.

Fees are currently spiking, but according to mempool.space (as I post this) an average on-chain transaction with ~$10.50 in fees will be confirmed within 30 minutes. See: https://mempool.space for details.

So this is not a very accurate, informative or helpful submission.

That's about 50$? I don't blame them https://mempool.space/

get some theory of mind. you are a person who is willing to pay onchain fees to use your trezor or open a channel. there are people in the world who are not willing to pay these fees and they probably outnumber you. and the plan has been spelled out in plain english a million times. the fees are supposed to go up by design. this means that most people will not self-custody, whether it is legal or not, and even if they would like to.

I’m not an expert so someone smarter than me can clarify, but the high/priority rate is the going rate (estimate) to get confirmed on the next block. Medium is the average rate for those transactions to be confirmed next. You can see current and historical rates at mempool.space.

The current fee to get into next block is about 40 sats/vB.

Check mempool.space for a better idea of how big a fee you need to offer to get into the next block.

The mempool is a bit crowed now. A few weeks ago it was only around 5 - 10 cents, and now it is between 3 and 13 dollars. (yesterday even 25 dollar) If you have a lot of UTXO's it can be very expensive to consolidate them all. In that case I would wait till the mempool is less crowed for lower transaction fees. it is important to understand that whirlpool or wasabi wallet will take many UTXO's (transaction fees) to mix your coins and maybe in the future exchanges don't want to touch your mixed coins. I mixed all my KYC coins as I'm not planning to exchange my bitcoin for fiat via a exchange in the future.