Replying to Beiner

Phoenix wallet. A non custodial lightning network wallet. Yup 3k sats to open a channel. Open 2 sizable channels. Do a lightning transaction and a on-chain transaction both nice size then move back to storage.. Now you have 2 open sizable channel on a non custodial lightning network wallet.. I receive zaps on wos then I move to my Phoenix wallet simple.. #plebchain #plebs
Avatar
PeakyBTC 2y ago

Can’t wait to translate this into something I understand

Reply to this note

Please Login to reply.

Discussion

98
Beiner 2y ago

My dm are always open im way more active around these times of the day.. im no expert but im all about simplicity so it always works..

Avatar
PeakyBTC 2y ago

Appreciate that. May dive in deeper tomorrow.

But dumb question first: Last week I moved 500,000 Sats from River to Phoenix. Does that mean I’ve opened a channel?

I only ask because when I go to channels it says I have 1 payment channel open.

98
Beiner 2y ago

Yes you have a 500k sat channel open.. if you keep all that there and you send more it will open another channel and you will pay the fee again..