Are Phoenix and Muun the same/similar or different, and how so?
For non-technical users of bitcoin/lightning, I tend to refer one of those two with a preference for Muun if they’re REALLY early or Phoenix as one I “trust” a bit more.
Thoughts?
Are Phoenix and Muun the same/similar or different, and how so?
For non-technical users of bitcoin/lightning, I tend to refer one of those two with a preference for Muun if they’re REALLY early or Phoenix as one I “trust” a bit more.
Thoughts?
Both non custodial but Munn is not a lightning wallet. They do on chain payments in the background to make it work which is why the high fee environment has somewhat borked it.
On the flip side Munn can do on chain Phoenix not.
Phoenix can do on-chain, but it always converts deposits to Lightning channels. What it can’t do is LNURLs for zaps, but neither can Muun. At least with Phoenix, you get a real Lightning wallet and not some bullshit.

Yes I meant as in you cannot hold on chain in the wallet just lightning.
Correct. I’d prefer to keep on-chain in a separate wallet anyway.
Ah yes the swap ins. I mean, I use Zeus with channels from my node, but it’s laggy as hell…I know we’re early, but fast, quick, simple, without being rugged and being in control, that would be great 😎
#[4] are you working on a better way to do this?
Zeus is the wallet I use with my node. Phoenix like cash in my wallet. It can be laggy over Tor. LNC connection is supposed to be faster but not tried it yet.
I’m struggling to convey to folks how you can’t get rugged on phoenix v WoS. Yes phoenix you hold your private keys, but if you don’t run the lightning channel or some other part of the infrastructure (if you’re not using your own electrum-to mode sync)…is it just the private keys part here?
In Phoenix you have the 12 seed words. Phoenix open a channel to your wallet when you deposit with them. Phoenix cannot take the funds and if they went out of business you could force close the channel and recover the funds in another wallet.