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Pi 4 Bitcoin Node + LN Node

Pi 4 Bitcoin Node + LN Node

Bitcoin Reddit

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Pi 4 Bitcoin Node + LN Node

Hello everybody,

Long time holder first time poster. I just set up a Full node with LN node on a Pi 4. Following this guide [] super easy, barely an inconvenience. Anyway, I'm not going to sugarcoat it I'm a noob and I'm hoping for some help.

First can you guys point me to any resources that break it down crayon Barney style for the slower LN bitcoin user?

Second if I can ask a few questions in this post:

  1. LN Questions
  • I deposited 89398 sats to my LN node. my total balance is 34708 sats. With the difference being tied up in the channel. Do you recover those funds if the channel is closed? Can you open more channels? How do I make my node fee less? Does the node just take a percentage of the deposited coins to open channels?
  1. Bitcoin Node Questions

Does the node require upkeep? It helps the network to just run a node correct?

Thank you for taking the time to read this and answer any questions you can. Like I said I've been a holder but the longer this goes on and the more money the government just randomly prints I'm seeing this as way more than just an investment. I see it as the future so I'm trying to learn as much as I can now.



Edit: 7JUY19

Firstly, I wanted to thank everyone for all the information. The bitcoin community is pretty amazing. Secondly, do I need to give any one an address to my LND node or can people just use it? I noticed in one of the comments someone posted an address and said feel free to use it. I want everyone to be able to use mine if they need it.

Pubkey 03c4485a19af0a3226b9d60c2af7ddb9789c0baa3107abf24b14211967ef1cb395

submitted by /u/felovat
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