Pheonix only makes connections to one node, ACINQ.

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Can you elaborate on this a bit? For instance, my Phoenix wallet has over 10 channels, and I agree, all the payments are routed through ACINQ nodes. In this case, why wouldn’t the “wallet” need just a single channel to a large ACINQ node instead of having to pay the channel open fee as if one were actually creating a new channel to create payment path? Is it opening to a different ACINQ node if only if there is no route through the one you have already connected to?

You’re right, a single large channel would suffice. You’re misunderstood in the idea that ACINQ has different sized nodes, rather it’s a single node with many channels. It is not opening to different node, rather it is opening different sized channels.

It has nothing to do with routes.

It has everything to do with capacity.

You’ve opened many channels because your inbound capacity was full. If there is no excess room in your channel, there is no where to store the sats. So therefore it needs to open a new channel.

Consider the channel like a piggy bank or change jar. When it fills up, you need a new one.

The best solution is to think about how big a piggy bank you need, and send your pheonix wallet way too many sats to start. Say, 500k, or 5million for example.

That opens a large channel, or piggy bank.

Now send those sats back out of the wallet, so the piggy bank is empty. Now you have plenty of room in the piggy bank to fill it back up again.

I don’t understand how an app on my phone is a node with channel liquidity. Could you speak? I could give you my telegram and then we could do a chat. Everything you said is perfectly clear, but how do I own the funds on my side of the channel on the absence of a node on my end? Could elaborate more with the spoken word.

Simple, your phone is running a pruned node.

Thx. Makes sense now.

It’s what is great about pheonix. It is your node. The downside is it’s reliance on acinq as it’s channel partner and the method required to gain inbound liquidity. Also lack of LNURL

You have improved my understanding tremendously. Thank you.

🙌🐢