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.

  • @O_iEnglish
    2•1 year ago

    Have been using it for ages now, probably the best entry level app for lightning atm

    • @amenotefEnglish
      2•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_iEnglish
        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

        • @amenotefEnglish
          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.

          • @O_iEnglish
            1•1 year ago

            Glad to hear it!