reply on: Phoenix 0.5% fee on every transaction is just killing the purpose of using LN. \ stacker news ~bitcoin

332 sats \ 7 replies \ @Natalia 3 Oct 2023 \ on: Phoenix 0.5% fee on every transaction is just killing the purpose of using LN. bitcoin

yes, I uninstalled Phoenix for a while, too much fee, Breez too.

Here is my setup:

Zeus with my own node
Blixt as a backup when I'm out and about
Multiple custodial wallets: WOS, Blink, and Alby, each serving different purpose

18 sats \ 1 reply \ @nemo 3 Oct 2023

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121 sats \ 0 replies \ @Natalia 3 Oct 2023

thanks, I learned it from @darthcoin and minimizing the setup for myself, less is more.!

0 sats \ 1 reply \ @DarthCoin 4 Oct 2023

1 sat \ 0 replies \ @Natalia 4 Oct 2023

I was waiting for your beer run 🍻

0 sats \ 2 replies \ @quark 3 Oct 2023

I am ok with phoenix and breez, but I want to move to Zeus and Blixt too. The worst part for me about having your own node is you have to run it continuously and with a reliable connection. I know there are watchtower things but I need to study about it. is it cheap?

21 sats \ 1 reply \ @Natalia 3 Oct 2023

The worst part for me about having your own node is you have to run it continuously and with a reliable connection.

A bit, that's why I'm using Blixt as a backup when I'm travelling.

is it cheap?

Running your own node? It has some initial hardware setup costs, but then no more middlemen, and you can even run your own bank or act as Uncle Jim for your family and friends 👀 ( I'm using Umbrel )

I'd recommend trying Blixt first, low cost starting fun, and it's a really cool phone node; But keep that in mind: Blixt is new, good to experiment and learn while it is maturing.

0 sats \ 0 replies \ @quark 3 Oct 2023

ah sorry I mean if is it cheaper to use watchtowers that check if your node goes offline to avoid risks. I know they exist but I don't know how it works yet I guess I will follow your advice and try Blixt first :) thanks!