Nostr Web Client

I had noticed after the splicing update fees were getting higher on Phoenix wallet, so I finally got around to testing a couple new options.

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First up is Mutiny wallet, I'm really liking it! The Android APK is working well now if you happen to be on that OS.

I tested sending lightning payments up to 1M, using Alby, WoS, and Zeus with Olympus LSP as receiving wallets. They all worked. Fees were reasonable, ranging from 11-25 sats for the 1M sat transfers.

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I also set up the Zeus integrated lightning node, Olympus. I like the Zeus interface, I use it as a front end for Alby on my phone.

Zeus had trouble sending larger payments. I wasn't able to send over 250K in my tests today, once again testing with WoS, Alby, and Mutiny as receiving wallets. Fees were a bit higher as well, 84 sats consistently for a 250K transfer.

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nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg and nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 are still in beta, so your mileage may vary, here be dragons, etc. Both are much better in respect to fees than Phoenix is currently. I have decently large channels open in both now, so I will be able to continue testing more in the future. I can't wait to see what they build going forward!

#lightning #bitcoin

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Discussion

Disturbia 2y ago

apk link please. cannot find one

Disturbia 2y ago

nevermind found it. what is the difference between signet and mainnet

Carman 2y ago

Signet is fake money

Disturbia 2y ago

ah ok. thanks!

$elfish gene 2y ago

как сделать публичный и закрытый ключ на листе бумаги.

почему сатоши сделал биткойн таким популярным?

как создать биткойн-кошелек на бумаге? с карандашом и бумагой)).

OpenSecret 2y ago

Great to hear, and thanks for trying us out! We just made some improvements to sending payments so it is good to see that it's working.

Disturbia 2y ago

is channel force closing still happening?

genuine curious need to know before trying out.

and what is the approximate channel opening fee?

OpenSecret 2y ago

Still occasionally happens, though far less than when we originally launched. 10k sat fee if you're receiving the channel open, only normal on chain fees if you deposit on chain and open a channel yourself.

Disturbia 2y ago

thanks! i cant seem to zap you

Disturbia 2y ago

oh bonus question.is your wallet playing nice with Binance? Muun & Breez seems not compatible with Binance lightning network

OpenSecret 2y ago

Not sure why that would be a problem, it's all one lightning network.

Disturbia 2y ago

ok noted. they just literally singled out muun and breez so that is why i am asking

OpenSecret 2y ago

Oh yeah, that's because they have a proprietary way to probe those wallets. Not an issue for mutiny.

Cyph3rp9nk 2y ago

😂 I thought I was the only one who noticed the crappy rates of the new version of phoenix, LN was just created to have low rates not to pay 0.4% of all your shipments.

zach 2y ago

I’ve noticed too.. the fees are steering me elsewhere now.

ZEUS 2y ago

Try enabling Express Graph Sync in Embedded Node settings to boost your chance of payment success.

Routing is done client side so you need to get the LN graph either through P2P or Express Graph Sync

Ryan 2y ago

Afterwards I realized I had a fee limit of 100 sats in the settings, that is why it wouldn't go over 250K sats for sending. I'll play with it, things are so new!

JSTR 2y ago

Splicing is going to be big, no?

Ryan 2y ago

Not worth it to pay 4x what on-chain fees would have been 😬

JSTR 2y ago

Oof, that makes sense, I don’t know how it work but still putting on chain to a lightning channel… but cool tests! Ty ty

Bada₿it 2y ago

After the Phoenix update, spending fees were higher but receiving fees were lower in general. Make sure to tick all the boxes when you review.