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20 sats \ 2 replies \ @jk_14 7 Dec 2022 \ on: Can mobile wallets be real lightning nodes? bitcoin
"We believe that we can have both: a non-custodial wallet with a good UX. This was our starting point and we didn’t compromise on that. Phoenix, just like Eclair Mobile, is a non-custodial Lightning wallet. It is based on Eclair and runs a real Lightning node under the hood. The keys never leave the wallet and you would still be in full control of your funds if ACINQ disappeared overnight, or even the whole Lightning Network for that matter. That was the non-negotiable part."
Old (but still nice) article: https://medium.com/@ACINQ/introducing-phoenix-5c5cc76c7f9e
Phoenix was my first LN wallet 3 years ago, and still is my favorite wallet. Nowadays the initial deposit of 300k sat is most reasonable to keep 1% fee for on-the-fly channel creation. Then you have a nice channel to play with (e.g. my Phoenix channel is almost 3 years old right now ;)
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10 sats \ 0 replies \ @NorthKoreanHostage 7 Dec 2022
Yeah Phoenix wallet is like actual magic.
Very slick. Very powerful.
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9 sats \ 0 replies \ @chairman_pretense OP 7 Dec 2022
This is brilliant, thank you.
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