Re: [Lightning-dev] Proposal: Automated Inbound Liquidity With Invoices

2019-08-13 Thread ecurrencyhodler
Hi ZmnSCPxj! Submarine swaps are a great current solution, but we still have to wait for confirmations. >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. What

Re: [Lightning-dev] Proposal: Automated Inbound Liquidity With Invoices

2019-08-13 Thread ZmnSCPxj via Lightning-dev
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

Re: [Lightning-dev] Proposal: Automated Inbound Liquidity With Invoices

2019-08-13 Thread ecurrencyhodler
Hi Hampus! >It won't work out in the long run because if you connect say mobile wallets this way, one mobile could be offline, which locks the funds for the other part. Hmm I didn't consider mobile wallets being offline for a long period of time. That's a good point. But if smaller channels are

Re: [Lightning-dev] Proposal: Automated Inbound Liquidity With Invoices

2019-08-13 Thread ecurrencyhodler
Hey Rusty. Thanks for your feedback. >If you publish your node address, Bob can already get this from the gossip network, or the DNS seed as a last resort (and I expect implementations to start doing this: I did it manually to buy a thelightningconference.com ticket recently, for example). This

Re: [Lightning-dev] Proposal: Automated Inbound Liquidity With Invoices

2019-08-13 Thread Hampus Sjöberg
While I do agree that this is a problem that we needs to be addressed somehow, I don't agree on your proposal because I don't think we should connect two end-users this way. It won't work out in the long run because if you connect say mobile wallets this way, one mobile could be offline, which

Re: [Lightning-dev] Proposal: Automated Inbound Liquidity With Invoices

2019-08-13 Thread Rusty Russell
Ecurrencyhodler Blockchains writes: >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.