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24 sats \ 3 replies \ @0xbitcoiner OP 7h \ parent \ on: ShockWallet Review as a Custodian bitcoin lightning

Final thoughtsFinal thoughts

ShockWallet as a custodian is perfect for my needs, 99% of my transactions are with Stacker News. It’s easy to use, intuitive, and has no monthly fees. There are service and network fees, but they’re reasonable (for a payment of 13,048 sats I paid 79 in service fees and 53 in network fees). In the past two weeks, there was at least one downtime, but I think it was under an hour.
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24 sats \ 2 replies \ @Fenix 4h

oh there it is, I read that you used it 99% of the time only on the SN and I was trying to figure out if it was about the wallet or your bitcoin usage, I just kind of spaced out.

1% is fair enough

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41 sats \ 1 reply \ @0xbitcoiner OP 4h

More precisely, 0.6%! But there must be a minimum, seems like for smaller transactions, maybe 10 sats? cc @justin_shocknet

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124 sats \ 0 replies \ @justin_shocknet 3h

Exactly, 60bps is the default with a "floor" of 10 sats... so whichever is greater.

This isn't all margin since there's routing fees imposed by the network based on the desired spending amount. If you're running your own Pub you can set a spread thats a delta between what you withhold for fees and what LND will actually budget for the network.

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