🚰Node
Alby Hub - your own lightning node
Alby Hub is a self-custodial lightning wallet with its own node. Creating a lightning channel to the network not only enables you to transact with others but also connects you to a much larger community. 🌐 By operating a node and opening up a channel; you become an integral part of the expansive network of Lightning nodes. This is your entry into a vibrant community where every member plays a crucial role. Welcome aboard! ⚡
What is "Receiving Capacity" and "Spending balance" in lightning terminology?
Inbound Liquidity, also called "receiving capacity": This is the amount you can receive via the lightning network. More inbound liquidity allows you to accept larger or more payments.
Outbound Liquidity, also called "spending balance": This is the amount you can send across the network. Increasing your outbound liquidity lets you send more substantial or more frequent payments.
Why is liquidity Important?
Liquidity is a property of a channel. It can only be obtained by other lightning network nodes having channels opened to you or by opening channels to other lightning network nodes. Liquidity is vital for the operation of the Lightning Network. Proper liquidity management ensures you can always send and receive payments promptly, avoiding any operational hitches.
How to properly manage your liquidity?
Opening new channels will increase your spending balance and enable you to send funds across the lighting network. Follow-on to open a new channel.
Maintaining channels with liquidity on the remote end of your channel increases your receiving capacity. This is crucial to ensure you can always receive a payment.
While it might sound technical, managing liquidity is just about making sure your node can handle your transaction needs. Think of it as ensuring there's enough fuel in your car for a long trip and adjusting as needed. 🚗
Alby Hub was created with a lot of effort, love, and the vision of a better world with Bitcoin. We’re grateful for your consideration in getting a membership and supporting our work.
Best regards, Your Alby Team 💛🐝
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