Phoenix Android reaches 100k downloads \ stacker news ~charts_and

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Phoenix Android reaches 100k downloads

1314 sats \ 33 comments \ @k00b 6 Jan charts_and_numbers

I'd be more curious about the active channel count considering there's one per phone, but pretty awesome either way.

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49 sats \ 4 replies \ @grayruby 7 Jan

Impressive. I have Phoenix for IOS. Really good wallet.

53 sats \ 3 replies \ @ek 7 Jan

I am a bit worried ACINQ will become Apple for all things lightning but for now, I really like what they're doing 💕

Also it's at least a European company. French, but European haha

115 sats \ 0 replies \ @000w2 7 Jan

That's not a positive. I'm sure some EU bureaucrat will force them to implement the travel rule because they "facilitate payments"

40 sats \ 0 replies \ @k00b OP 7 Jan

They've been pretty involved in the lightning and lsp spec process afaik. Most non-custodial lightning wallets seem to be focused on building products that leverage/pay their LSP which about as fair of a business model as it gets.

0 sats \ 0 replies \ @iguano 7 Jan

what do you mean with becoming apple?

15 sats \ 0 replies \ @flat24 7 Jan

is fantastic. It makes using and storing the payment channel and SATS fucking easy.

A while ago I was robbed and had to restore my wallets on another device. Phoenix was simple and practical. You use your "secret key" 🔐 and everything is there.

Something that is not so easy in other Wallets.

I had to restore Green Wallet and now I can't find anywhere the option to restore my LN channel. Fortunately I had almost nothing in this channel.

With Blixt the mess was more tedious, DarthCoin tried to help me last time. but without success on my part. I still keep my secret key encrypted. And at any time I will try again to restore Blixt and see if I can find my lost satellites there.

162 sats \ 3 replies \ @BTCLNAT 7 Jan

Phoenix is probably the most used self-custody solution here thanks to its connectivity. It is a bit expensive in its fee per Tx, I have paid up to 0.8%, but oh well. The opening of a channel via Lightning has a cost of 1% of the deposit ➕ mining fee, for small channels, you can start from 11k, it is acceptable, not recommended, but what is recommended is not always viable. But it provides a self-custody solution to the less favored.

19 sats \ 1 reply \ @SimpleStacker 7 Jan

If it's self custody, how do they charge you for things? Is it basically like a convenience fee they attach to all the transactions, built into the software?

30 sats \ 0 replies \ @k00b OP 7 Jan

Everything gets routed through their node/LSP.

0 sats \ 0 replies \ @roulette 7 Jan

I use Phoenix from the beta time, also have a backend with phoenixd, both work perfect, minus is the 0.4% fee and the ACINQ centralization

20 sats \ 3 replies \ @nout 7 Jan

I like that it opens really fast. I dislike that it take like 3 taps to get to QR scanner so I can pay. It's a wallet, you use it for paying. That needs to be a single tap thing. @ACINQ

0 sats \ 1 reply \ @ek 7 Jan

With 3 taps, you mean "Phoenix" > "Send" > "QR scanner"?

55 sats \ 0 replies \ @nout 7 Jan

Yes, in most wallets this is 2 taps. Wallet -> Send&Scanner I wish the devs would take advantage of the icon actions in Android and iOS when you longpress the icon for a bit and you have the action there immediately - that's still 2 taps, but it can load&render the scanner directly. I'm also surprised that no wallet is doing widgets, that could be a single tap solution.

0 sats \ 0 replies \ @k00b OP 7 Jan

BitKit thought about this a lot from what I've seen. I haven't had a chance to check it out yet though.

19 sats \ 5 replies \ @elvismercury 7 Jan

I'm really sorry to ask this, because this is the most ill-posed question I've ever written, but: wasn't there a big shitstorm the other year when some regulation caused Phoenix and other lightning wallets to get gunshy about something or other?

I can't remember any details, but what got stuck in my brain was a general worry about Phoenix. Does anyone know wtf I might be referring to?

108 sats \ 4 replies \ @k00b OP 7 Jan

Yeah they withdrew from the US when a noncustodial bitcoin service (Samourai Wallet) was indicted for a bunch of stuff. One of the charges was unlicensed money transmission which challenged established precedent that money transmission involved taking custody.

17 sats \ 2 replies \ @siggy47 7 Jan

They crumbled in the face of adversity and went whimpering off into the night, rather than coming up with a solution, like others chose to do😀

52 sats \ 1 reply \ @k00b OP 7 Jan

To be fair, what they were do was perfectly legal in contrast to those other people. ;)

76 sats \ 0 replies \ @siggy47 7 Jan

Yes, which makes their flight from the U. S. more puzzling.

17 sats \ 0 replies \ @elvismercury 7 Jan

Ah yes, thank you, that was it.

16 sats \ 0 replies \ @SatsMate 7 Jan

Whoever is in charge of Phoenix (ACINQ) please come back to the U.S. I miss this wallet so much...

I'm Apple.

1 sat \ 0 replies \ @Shugard 7 Jan

Phoenix is one of the best LN wallets out there! It is self-custodial and works perfectly!

0 sats \ 0 replies \ @Bear 7 Jan

What baffles me the most is that no one is asking you about being robbed. Like, what? You just casually say "Yeah, I've been robbed..."

0 sats \ 0 replies \ @suraz 7 Jan

I downloaded last night. Then it reached 100K 😁

0 sats \ 4 replies \ @Taft 7 Jan

Why is it important that Phoenix android reached 100k downloads?

0 sats \ 0 replies \ @ama 7 Jan

Why is it important that Bitcoin reached $100K?

0 sats \ 2 replies \ @k00b OP 7 Jan

Why is it important that it's important?

18 sats \ 1 reply \ @Taft 7 Jan

Good question.

0 sats \ 0 replies \ @k00b OP 7 Jan

lol good game

0 sats \ 2 replies \ @cleaningup12 7 Jan

I had phoenix for a while and worked seamlessly, moved over to zeus after phoenix had some regulatory issues iirc

0 sats \ 1 reply \ @BTCLNAT 7 Jan

In my case, I keep Phoenix because of the connectivity issue. But with Blixt I now have better options, with the LPS Dunder service a 410k SAT channel is opened and it is a private node and where I live it synchronizes well.

0 sats \ 0 replies \ @nym 7 Jan

How are the fees?

0 sats \ 0 replies \ @nitter 7 Jan bot

https://xcancel.com/PhoenixWallet/status/1876309134758580225