10 sats \ 2 replies \ @Relight_Motion 31 Dec 2023 \ on: Phoenix Wallet clarity bitcoin
The channel you opened will only reduce in capacity if you send from it to BTC address ( = on-chain = splicing out). The general idea is great, when you do it, you'll have almost 4m sats of inbound liquidity available with no fees
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0 sats \ 1 reply \ @Anonomoto OP 31 Dec 2023
So, splicing applies when sending (splicing-out) or receiving (splicing-in) on-chain?
Does splicing-in also apply to LN transactions greater than my channel's current capacity?
And finally, regarding the 'max-fee amount' in the Channel Management tab (iOS), is that the max-fee in sats I'm willing to pay to splice?
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20 sats \ 0 replies \ @senf 31 Dec 2023
Yes to all three.
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