Do you think that @Phoenix had already made the decision to leave the US and this was why they released PhoenixD?
Or do you suspect they were just preparing for a potential negative regulatory shift and this felt like an opportune time? 🤔
Discussion
I think they see the writing on the wall and a group of open source devs putting out a free app can't afford a legal fight with the US government, nor can they afford compliance.
Is PhoenixD a wallet app?
Development server
Thx!
It’s their backend server software that lets you automatically run your own LSP if I understood their announcement correctly. Haven’t played with it yet but was excited about it.
It's not a backend LSP. It's a frontend client from what I understand and it still plugs into their ACINQ LSP and fee structure