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Could I start a LSP business using this? Just curious?

101 sats \ 0 replies \ @DarthCoin 7h

Not really a LSP.
You see there are two types of LSP:

  • LiSP - Liquidity Service Providers - those who only sell liquidity channels
  • LnSP - Lightning Service Providers - those who sell LN services, not only channels.

With LN Pub you are better being a LN bank for friends and family members. Indeed you will have to manage the liquidity for them.

A LiSP do not need LN pub running but other important stuff and the most important one is knowledge how to allocate properly the liquidity in channels that need it and secondly, a lot of capital. I mean a LOT !

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Eventually yes, its a lower priority part of the roadmap, pretty serious scope given the security considerations, but something I do want to do.

Since it uses Nostr, it opens a lot of doors for decentralizing LSP's... it'd be able to advertise channel lease sales, routing fees for new opens, swaps, etc. Like liquidity ads, but without the malign use of LN gossip. Could even pay yield to non-admin depositors connected via ShockWallet.

Don't have a timeline, but we could limp in a minimal LSPs compatible API for channel opens if you want to allocate and provide the service to other Pub users. Right now Pub uses Olympus and Flashsats LSPs (plan to also add megalithic to replace voltage which deprecated their service)

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Thanks. I am thinking about developing a SN native app for iOS that used shockwallet and LN pub for the backend to handle all the LN payments.

Then if it got big enough then back end could be an LSP.

Just trying to think is this even a possibility or thinking of something that technically isn’t possible.

Like a user downloads the SN app and automatically gets a shockwallet and full LN capabilities

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Not really feasible to run the full stack in a mobile app

However, a preconfigured CLINK connection to your Pub could work, that way guests get a turnkey ux

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Interesting!! Thanks for that feedback

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