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10 sats \ 1 reply \ @ek 3 Oct 2023 \ parent \ on: Phoenix 0.5% fee on every transaction is just killing the purpose of using LN. bitcoin
Ah, I see:
https://i.postimg.cc/g06h5Dwb/signal-2023-10-03-135722.jpg
vs
https://i.postimg.cc/qRNCnGT5/2023-10-03-140048-555x156-scrot.png
Yeah, with 1-2 sat/vB onchain LN is only useful for micropayments.
Also , when you receive a payment bigger than the inbound capacity you have you will be paying the onchain fee too.
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