Subnostr

Also are you using Aqua to access Liquid?

Yes both Aqua and Green. Green seems to be much cheaper than Aqua but I use both to support Aqua.

Fees still aren’t as cheap as custodial Lightning (eg Primal). I pay 0.1 sat / vbyte with Green which works out to 15 cents per transaction.

All things considered, I’m mixed about both systems. Liquid is easier for newbies, but with higher fees making it difficult for zaps but pretty good for everyday transactions. Non-custodial Lightning has lower fees but with periodic and expensive L1 chain transactions.

Reply to this note

Please Login to reply.

Discussion

BTC_P2P 1y ago

No perfect solution exists but we have good optionally and substantially better functionality right now vs when I started in Bitcoin in 2019.

I’m hopeful Lightning can be developed further. If it was just a bit easier to setup channels and receive LN payments non-custodial I think it would be a-near perfect fast payments solution. Very good as is imo but high-fee environments make it less economical if you haven’t set up a channel.

Did not ever think I’d use Lightning daily a few years back. Now I do and it’s non-custodial and payments are successful 99%+ of the time. Really promising imo.

I will start to use Aqua just to play with Liquid. I have it setup already just no funds added bc I haven’t had a real reason to use it yet.

techfeudalist 1y ago

Interested in your experience of using non-custodial Lightning day to day.

Which app is your favorite?

How often do you need to make L1 transactions?

Also, do you think it could be used by a young niece / nephew to receive small payments?

BTC_P2P 1y ago

I use ZeusPay as my receive wallet and it’s a 7/10. It works reliably to receive but it’s usually slow and takes a bit of finesse on my end daily.

The operations (as far as UX) of the software aren’t always consistent which is weird to me but in the end my funds do always settle. If they could make it 20% more efficient it would be a 9/10. But I understand that they’re doing a lot of “hacking” to get an embedded LN node to receive funds. So it is what it is.

ZeusPay also just won’t work reliably for sends. So that pushed me to setup a Phoenix embedded node for sends, and it work really well. I love that wallet and it feels like peak Lightning. If they could make it receive as well as all of the other functionality they offer it would be 10/10 software.

I think a 12 year old could use ZeusPay with some help setting it up for sure, but they’ll have times of being frustrated with it. But in the end it will work for them. Phoenix for sends is highly recommended.