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0 sats \ 1 reply \ @SatsMate 7 Mar \ on: Mutiny Wallet is now available on iOS and Android! 🚀 bitcoin
Yikes, expensive to set up a lightning channel. How is this calculated? Is it going for the lowest possible fees or the average fee rate?
Looks like a cool app though, I will use it over time!
  1. How long will the lightning channel remain open?
  2. What can be done for those in third-world countries that don't have 12,000 sats to open their first lightning channel?
  3. What are the most effective strategies to maximize inbound liquidity with lower fees?
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100 sats \ 0 replies \ @TonyGiorgio OP 7 Mar
Channel fee is calculated mostly based on the on chain fees.
  1. I don't think the LSP currently closes the channels yet, so usually just occasional lightning requirements/bugs cause channel closes.
  2. We're working on fedimint integrations for smaller amounts before having enough to open a channel
  3. Usually by sending a bigger payment in and then withdrawing out most of it.
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