It seems like the nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n Green Lightning wallet is similar to Breez in that they both have a set up fee of 2500 sats to open a channel. Don’t know how it’s achieved in this high fee environment, but I’m here for it.

Also, I somehow was able to open a channel yesterday (for free) with 5000 sats and got ~24K of inbound liquidity. The wallet appears to be non-custodial too. 🤙

TLDR: ₿ULLISH on #Lightning in Green Wallet

They may very well be operating at a loss in order to pull people in.

The centralisation is a problem though.

What kind of settings does it offer for self-custody? Any control over nodes, peers, channels, etc?

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Seems to be only one channel. Node and peer IDs are read-only. There is a 12-word recovery phrase although I’m not sure what the warning means.

If they also do on chain or another chain means that wallet wont be recovered. Only your lightning wallet.