Introducing the new Phoenix
acinq.co
Splicing changes the game. Phoenix now manages a single dynamic channel, no more 1% fee on inbound liquidity, better predictability and control, trustless swaps.

TL; DR: Splicing changes the game. Phoenix now manages a single dynamic channel, no more 1% fee on inbound liquidity, better predictability and control, trustless swaps.

  • amenotef@lemmy.worldEnglish
    1·
    1 year ago

    What is the splice mining fee in USD? If your main wallet is on BTC, then Phoenix is still mainly ideal for small payments right? (example: for 150+ usd tx, it’s better to just use Bitcoin blockchain directly right? with a fixed fee of 0.50-0.80 USD atm)

    But without that 1% fee when depositing on Phoenix, maybe I’d use Phoenix more often.

    • O_i@lemmy.worldEnglish
      2·
      1 year ago

      I’m still going to treat it as a hot wallet, just saying it’s an easy entry point to learn/test the lighting network

      • amenotef@lemmy.worldEnglish
        2·
        1 year ago

        Yes. There I agree. I was struggling a bit with other lighting networks. In phoenix it was easy and deposited around 60 bucks. So if I find some coffee shop that accepts it I’m ready to try.