Deal. use non custodial wallet
Discussion
I only did 50k for now. Blixt Wallet to Phoenix. 38 sats to send 50k. https://ibb.co/J5Q383S
Blixt Wallet to Muun. 96 sats to send 50k. More than twice as expensive to send to Muun. https://ibb.co/GMN9tgh
more than average but not crazy high
Minimum fee to send the 50k back to Blixt Wallet is 680 sats! 🤯
57 sats to send the 50k back to Blixt Wallet from Phoenix.
send me an invoice for the 96 sats. Thanks for trying it out
LNBC960N1P36UAF8PP5PR20JS7H9JWSDHNXMYM2AXU7EWFQKZZ7ZXHRLFXQK3FFXWUWUDHQDQQCQZPGXQRRSSSP546Y62EWYGN8D8SSTL0CKNTMNE66ZJD6EQP43ZHKPL4Q9WX5H8ZMS9QYYSSQQQTYCGHLKZ77H5MHCDGTZCVE4YXT08Z6038D3UQGFASPDVKD3F340PDDTLVEYQ8S9WDCAZNUJQF2RMY96X0KUXSDEH20JUX35PCM3CGPW48DWP
Also my sats are now trapped in muun for 680 sats to send them back.
Wallet of Satoshi slightly cheaper!
So much for that theory about WoS being the culprit for higher outgoing fees.
Wos charges the highest fees of any wallet in my experience. Fuck that custodial shit
Wallet of Satoshi is significantly cheaper than Muun.
WoS is probably the best one to onboard noobs with to LN with a few sats. Then graduate to Phoenix or Blixt when they’re ready and need a non-custodial wallet.
Muun is basically custodial for receiving LN until the on-chain transaction confirms back into your wallet from the submarine swap.
It's not a submarine swap. Rather a Turbo channel.
It’s 100% a submarine swap. That’s been confirmed by Muun devs several times.
I will continue to use Muun. I never use lighting for large amounts anyways. and Muun just works for me. When I accumulate enough sats on lighting, I can so easily send them to cold wallet on-chin for cheap.
It’s not cheap with all the dust those LN payments make. Look at all the 1000-5000 sat dust UTXOs that were in my Muun wallet. I just emptied it on-chain since it would have been even more expensive to use LN with it.
https://mempool.space/tx/600facd14dcf12707d38bb48e448ab2413e9a78e2e387ff79044ac75f2e61972