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Introducing the new Phoenix: a 3rd generation self-custodial Lightning wallet (acinq.co)

submitted 2 years ago by bitnorbert to c/bitcoin

5 comments fedilink hide all child comments

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.

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[–] O_i 2 points 2 years ago (1 children)

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

[–] amenotef 2 points 2 years ago (1 children)

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_i 1 points 2 years ago

Glad to hear it!