50 sats \ 4 replies \ @tomlaies 12 May \ parent \ on: Stacker Saloon
I understand the simplicity of a single channel.
Buuut a single channel is a dead end. You need at least 2 channels for sats to have the ability to be moving at all. Otherwise someone is investing in my channel with no return. It's wasted and locked up money.
not sure i follow. the channel you own is private, i.e. not for routing. so you use it for spending and receiving, not for earning routing fees. phoenix take a small cut each time you make a transaction for providing the service, which is how they make a profit.
reply
reply