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8 sats \ 3 replies \ @Coinosphere 26 Nov 2023 \ parent \ on: What is your preferred non-custodial lightning wallet? bitcoin
Great start, but doesn't mention anything to do with prices, which far more people care about than privacy. I wish someone would make a lightning wallet chart like this that compared the connection fees/minimums/times forced on chain so we could evaluate the overall costs to use the wallet. Not to mention a "tx failed in this case" chart.
Fees over LN are NOT fixed !
Fees on LN depends 100% of the route that is taken by your payment, it doesn't depend of the LSP your are using.
It is improper to say that X wallet have lower fees than Y wallet. There's no such thing in LN. All wallets follow the general rules of LN: pay the fastest and cheaper route for a payment.
Now if you refer to fees for opening channels, also those depend on the mempool fees of the moment you open the channel. On top of that yes, some LSP will charge you an extra fee because THEY are the ones putting the liquidity for you, so that HAVE A COST.
Noobs MUST understand that LN is NOT FREE ! Everything have a cost.
You can't make a chart like that one based on fees, it's almost impossible, because you will never know how much are the opening channels fees and the payment fees.
Please learn first how LN works, there's tons of documentation out there.