Replying to Avatar 2Pac

Yea I use it semi regularly, I just opened it one day and said channel was closing and showed a outgoing transaction pending. Checked a few days later by recovering in an onchain wallet and sats were there.
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ƝαŢꀌαɳ_Ðгαƙ૩ 2y ago

Ok ... Good to know 👍

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2Pac 2y ago

Yea was pretty simple really just caught me off guard when it happened initially

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ƝαŢꀌαɳ_Ðгαƙ૩ 2y ago

All the sats recovered?

Phoenix "paid" the forceclose?

Sry for all the questions, just curious 😁

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2Pac 2y ago

Phoenix doesn’t pay it’s just software all the sats we’re there minus tx fee for onchain tx

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ƝαŢꀌαɳ_Ðгαƙ૩ 2y ago

Hehe ... Yes, I asked the question a little complicated 😅.

I just wanted to know who paid the onchain tx, you or Phoenix (ACINQ).

Thx for answering all the questions. Always good to know how things work.

My plan is/was to open a channel to Phoenix when I got 300k in LN (but that will need a lot of time) - because they take 1% or min 3k Sats for opening a channel I think 300k is a good amount.

I like the recovery with the 12 word seed.

So it was very interesting to get all the informations from you and good that you got your Sats back 👍!

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2Pac 2y ago

No worries, yea everything is paid from your balances, Phoenix just manages the channels automatically for you. I like it overall so far like having a lightning node on your mobile but you don’t have to manage channels and liquidity manually.