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What is the Difference between How Phoenix and Blockstream Green Do Lightning?
263 sats \ 8 comments \ @spiderman 5h bitcoin
Using blockstream green wallet on Android. In the app, I have an on-chain wallet and a lightning. The thing is, I noted the lightning wallet has its own seed-phrase (12 words not sure if they are BIP 39).
But Blockstream does not seem to support Bolt12 offer, which I need to redeem payout from Ocean mining pool. I also read some posts saying Phoenix is a great wallet which offers (pun intended) it.
So I am wondering how trustworthy and transparent is that compared to Blockstream. Are there pros and cons that I should be aware of? I also read somewhere that Phoenix runs a light node on my phone. I am not absolutely sure if it is true, but seems like a big burden for a mobile device? Does it mean huge drain on the battery and I have to stay continuously online to keep the channel alive?
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111 sats \ 5 replies \ @DarthCoin 4h
If you want to use those bullshit offers of bolt12 why not just run a CLN node? Or at least an Alby Hub with LDK backend.
Phoenix yes is a node on your device, but a limited node. I would not consider it a burden. It serve a purpose pretty well.
Blockstream is something else. The node is not in your device, you have only the keys to manage that node that runs on Greenlight infra. It also serve a purpose.
Are 2 different models.
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116 sats \ 4 replies \ @optimism 3h
Also note that Phoenix uses electrum, whereas Zeus/Blixt uses Neutrino. The latter offers better privacy.
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100 sats \ 3 replies \ @DarthCoin 3h
He didn't reached that level of understanding :)
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0 sats \ 2 replies \ @optimism 3h
Yet
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100 sats \ 1 reply \ @DarthCoin 3h
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0 sats \ 0 replies \ @optimism 3h
Lol
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0 sats \ 0 replies \ @OT 20m
Phoenix won't work with Oceans LN payouts. Haven't understood why it's incompatible, I think it has to do with the added description.
Coinos.io will work for Ocean payouts or like Darth said: run a CLN node.
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0 sats \ 0 replies \ @DarthCoin 1h
Here are some charts that you should print and put them on your wall to always remember:
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