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21 sats \ 4 replies \ @kale 21 Aug 2022 \ on: Muun users - BE AWARE, you will lose sats with Muun ! bitcoin
FUD.. They have fixed the issue at 08/17/2022..
And the remaining fund will return to the sender node.. so there is no losing sats.
Why are you posting with misleading title today?
Even though muun wallet has some problems, it is still the best lightning wallet for beginner.
Please don't be so mean.
it is still the best lightning wallet for beginner.
LOL you made me laugh...
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Lets play out a scenario so I can choose the right LN wallet.
I only want to consider self-custody options.
Lets say I'd like to load a LN wallet up with 4m sats to prepare for an upcoming month long visit to El Salvador.
Here are the options I'm aware of (suggest a different one if I've missed anything!)
Option 1: Send an on-chain deposit of 4m sats to Phoenix wallet to "swap-in" and create LN liquidity (150-200 sats to send this). Phoenix charges 1% (40,000 sats) to do this action with a rough cost of $10 at today's bitcoin price. All transactions after that will be very cheap. Option 2: Send 4m sats to Muun wallet (150-200sats). Inbound LN transactions have no cost (I have screenshots), and future outbound LN transactions cost about .01% or less of the transaction (again, lots of screenshots). Option 3: Run a full node, and connect to it with the Zeus wallet. This allows you to open your own channels, and use tools like https://lightningnetwork.plus/ to get in/outbound liquidity. This has the lowest ongoing fees overall, but requires the person to be more technical, and is out of reach for most of the folks I talk to.
It feels like option 2 is the most attractive from an overall cost perspective. What am I missing? Is there a lower cost option for a self-custody LN wallet?
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Muun use turbo channel and charge higher fee when sending..
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I only want to consider self-custody options.
SBW and Blixt = much better options than Muun.
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