The next generation of Bitcoin Lightning wallets is here with Phoenix from ACINQ. Rejoining me is CTO of ACINQ, Bastien Teinturier to talk about how the team is innovating a great self custodial experience for bitcoin and lightning users:
High Fee environment
New Phoenix fee structure
Splicing and what it enables
Dual Funding
Liquidity Ads
Building on a smartphone app
Can ACINQ steal from users?
APO
Biggest challenges
Reasons to be optimistic
What about Privacy?
For now it is one of the best self-custody portfolios to start with LN.
It makes a lot of things easier and now more so with their "splicing".
What they charge for their splices for some may be a high commission. But you have to have a business model to go forward. Also you are saving a lot of things that not everyone is willing to do, such as creating channels, being aware of your balance, etcetera.
I just hope it improves your privacy. Although they say they are working on it. Hopefully those improvements will come soon.
Epic, I'm a huge fan of Pheonix! No drama, just constant improvement
Looking forward to this one! Next in my queue 🤙
