Good morning Ecurrencyhodler, A current and practical way to set up incoming liquidity would be to take some onchain funds, create a channel to a high-uptime node on the network (just run an autopilot), then use a submarine swap (i.e. pay offchain funds to buy onchain funds). Then you can reuse the same onchain funds over and over to make more liquidity until the submarine swap provider runs out of onchain funds or you have sufficient liquidity or your money has been drained by the fees involved.
While this requires onchain funds, presumably as a new business or merchant you will have capital in some form before starting your business. The most sensible way to store and transport financial capital is, of course, Bitcoin, thus you already have what is needed to start this, you simply have to do it before you perform other operations. Further, while it involves fees, it does give you control over what nodes you make channels with, and would be a good investment in your future accessibility over the Lightning Network. Regards, ZmnSCPxj Sent with ProtonMail Secure Email. ‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐ On Monday, August 12, 2019 11:42 AM, Ecurrencyhodler Blockchains <ecurrencyhod...@gmail.com> wrote: > Hi. I'd like to propose a way for instant inbound liquidity to be automated > via invoices and would appreciate your feedback. It's similar to Thor's > instant channel but this proposal would only be valuable if it becomes a > standard across all lightning implementations and wallets. It won't work if > it's limited to just one Lightning wallet. > > Proposal: Automated Inbound Liquidity With Invoices > > For Who: Full Lightning Network nodes > > Problem: Waiting for inbound liquidity as channel establishes when you first > come online and want to receive a LN payment. > > Solution: Embedding the node uri of the invoice creator, along with amount to > be routed. > > Scenario: > > 1. Bob wants to send me 100,000 sats. > 2. My node just came online and has 0 inbound liquidity. > 3. I create an invoice for 100,000 sats. My LN node recognizes I have 0 > inbound liquidity so my wallet also embeds my URI in the invoice. > 4. Bob’s wallet sees an invoice + uri. Maybe even tries to route. When it > doesn’t see anything, it auto opens a channel + pushes 100,000 sat payment. > 5. I now own and can spend 100,000 sats instantly. > > Considerations: > > - This auto establishing of channels and pushing payments isn’t for all LN > nodes. Just routing nodes. > - Bob doesn’t need to be the one to establish the channel. He can push the > information down the line until a node dedicated to routing is found. The > routing node can then be the one to establish the channel with me. > - Certain specifics need to be flushed out such as the size of Bob’s > channel. Right now I think Bob can manually set the size of the channels to > be established on his end. Should be smaller channels at first. If the > person gets paid again, just establish another channel towards the same node > if there isn't enough capacity. > - Routing nodes who provide this service can charge a premium. > - Bob, as a liquidity provider, won't cheat against himself so I can make > LN payments instantly. > - The beauty behind this proposal is that I can receive a payment > instantly, I can send payments instantly, and that it hides everything from > me as an end user. > - Can possibly be extended to neutrino LN wallets if they are public. _______________________________________________ Lightning-dev mailing list Lightningfirstname.lastname@example.org https://lists.linuxfoundation.org/mailman/listinfo/lightning-dev