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0 sats \ 1 reply \ @BitcoinFoqus 10 Jun 2023 \ parent \ on: I wish someone had warned me about using self-custodial lightning wallet bitcoin
Why don’t people like on the fly channel creation? Using iOS
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
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