pull down to refresh

I have some lightning sats on there and would probably use it to get someone off zero by giving them some sats
42 sats \ 3 replies \ @gbks 11 Nov
FYI, Muun swaps all incoming payments on-chain. So lightning sats are not a thing there.
reply
Yeah, I heard Muun isn't really a "lightning wallet" but don't understand the implications of that. You can still send someone a few sats and they can use it like a lightning wallet with the benefit of not having to fund liquidity, which creates a lower threshold for starting a wallet, like Breez
reply
Exactly!
reply
I think they subsidize and batch small payments, so the fees are manageable. Their approach has several benefits, but also a few problems. The most fundamental one would be that as fees increase, the wallet becomes less usable from an economic perspective. The constant swapping between layers just adds up. We saw that earlier this year when fees were super high during the ordinals nonsense. If you had your own lightning channels (with enough liquidity), it wouldn't have affected you at all. But Muun's system become problematic during that period. It's not clear to me whether they can simply tweak and optimize this system or need to fundamentally rethink it. There are some smart people working on it, I'm sure they have a few ideas.
reply