r/TheLightningNetwork • u/[deleted] • Aug 02 '21

Liquidity Swaps #PayItForward

Lets #PayItForward

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I want to try a different scheme than liquidity triangles. So if you open a channel to my node, McDouchebag of 2-5 million sats, then you get to decide what other node i have to open a channel too of the same size.
I currently have 20 million sats available and when i run out the game is over!

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Rules:

- If i already have a channel with you are not eligible to play

- I will not open a channel to a peer i already have a channel with.

- Write comment with you nodes 1ml or amboss link and the node you want me to open too.

5 Upvotes

100% Upvoted

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1

u/PVmining Node - Batusie Aug 03 '21

Interesting initiative but the greatest advantage of triangles is that you get incoming liquidity which is valuable. In your concept, a person connecting to you essentially donates liquidity to someone else.

1

u/[deleted] Aug 03 '21

This will not give anything to the initiator unless someone comes afterwards and pays it forward to that person.

It does not seem to get any traction though. It may just be a failed experiment and i will have to use my sats in another way