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0 sats \ 2 replies \ @muteness11 12 Jul 2023 \ parent \ on: Introducing the new Phoenix: a 3rd generation self-custodial Lightning wallet bitcoin
is it true that their fee tx is 1%?
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0 sats \ 0 replies \ @KoreaComK 12 Jul 2023
only if it is necessary to open a channel
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0 sats \ 0 replies \ @nerd2ninja 12 Jul 2023
Per the article they wrote, they're changing it to routing fees only and those fees are 0.4% which is something I'm already seeing complaints about. It is open source code however, so if someone would like to compete with them, please fork the codebase and do so.
Also, please learn about eltoo and channel factories. It requires a softfork and softforks require consensus, which means it needs you to learn about it, agree with it, and pass the word on.
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