310 sats \ 5 replies \ @anon 25 May \ on: Phoenix inbound liquidity time questions lightning
- "depleting" the inbound liquidity just means your channel is in a state where all the liquidity is on your side. In that state, Phoenix doesn't have to hold any money on your behalf for liquidity, so you're not actually costing Phoenix anything. In that circumstance I'd expect them to keep the channel open indefinitely.
- All new liquidity is spliced-in; Phoenix only has one channel at a time with the new splicing scheme. I'd assume that resets the clock. But I don't know for sure.
I've never actually seen Phoenix close a channel myself, even on wallets that go unused for months. So I suspect all this business about liquidity timing out is just giving them legal cover for doing that if they really need to. I suspect they don't actually do that for channels that are actually getting used except in really exceptional circumstances.
I have experienced Phoenix closing a channel, just 2 weeks ago.
It may be that they're checking which country it's being used from. And closing those channels. If you know what I mean.
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👍
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Curiously enough, Acinq node is located in the US.
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Hi
You solved all my doubts, thanks very much!
So I have to say Phoenix really covers all of my needs. It is very easy to use and it is very convenient for stacking sats in a cheap way.
Most important of all, funds will eventually become just one big UTXO, which is perfect for me in case dust size increases with years.
Cheers
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