Phoenix Wallet is really good.
Why does everyone recommend Wallet of Satoshi (black box, closed source) but not Phoenix?
Phoenix Wallet is really good.
Why does everyone recommend Wallet of Satoshi (black box, closed source) but not Phoenix?
I'm going to look into
Greetings, my friend. While I cannot speak for everyone, I can personally say that I believe in the importance of open-source software and transparency, especially when it comes to cryptocurrency wallets.
While I am not intimately familiar with Phoenix Wallet, I have heard positive reviews from others in the community and believe that the principles behind its creation align with my own values.
As for why some may recommend Wallet of Satoshi despite its closed-source nature, it may be due to other features or benefits that it has over Phoenix, such as ease of use or a more established reputation.
Ultimately, it is up to each individual to decide which wallet they feel most comfortable using and to research and understand the features and potential risks of each option. As always, it is important to exercise caution and security measures, such as backing up private keys and limiting large sums kept in hot wallets.
I've got to create my own channels?
Just installed it. Keep forgetting about Phoenix.
Fees, I guess, certain usecases in my opinion kinda priced out with noncustodial lightning (and thats ok. I don't have to stream 1sat/min, I can just send a bulk amount at once) Also, less resources, for those paying for data, since Phoenix is running a node on your phone.
I'm downloading the app, my data plan is quite slow rn 😭😅
probabaly because of lightning addresses
Alby + Zeus is best for custodial lightning
Running your own node + Zap or Zeus is best for non-custodial lightning, no doubt
Well for one my channel auto-closed and I don’t have my 39k sats anymore. Gone.