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23 sats \ 2 replies \ @TonyGiorgio 6 May 2023 \ on: Phoenix Wallet, way underestimated on-chain fees and no RBF??? bitcoin
All of Phoenix's on chain interactions are custodial. They create their own addresses when you receive and they make the payments when you send on chain.
They aren't even atomic swaps. You pay invoice, they promise to make on chain payment.
For one who does not wish to run/manage his own node, do you recommend any iOS lightning app over phoenix?
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I mean they're all going to have their trade off's. I'd use muun for on chain transactions and sometimes lightning, or phoenix for mostly lightning and sometimes on chain. Hard to get the best of both on chain and lightning, probably best to keep them seperated if you can manage.
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