121 sats \ 2 replies \ @Ludonavegante 9 Jun 2023 \ parent \ on: I wish someone had warned me about using self-custodial lightning wallet bitcoin
Regarding 2 I recently contacted the support team. They are working on having the option to switch off automatic on the fly channel creation on iOS
Why don’t people like on the fly channel creation? Using iOS
reply
every on-the-fly channel creation cost you 3ksat
that's why a bigger channel like 300k sat at the beginning is reasonable scenario
with Phoenix I usually do "orange pill" with 150ksat:
- I send 300k sat to some newbie
- then he/she send me back 150k sat
This way they get slightly above 300k capacity channel with 150k sats in it
reply