Replying to Avatar Leo

I disagree. Watched somebody use Phoenix at the last Bitcoin meetup, at the end of the event they had three channels over ~50,000 sats, spent 9,000 in fees to Phoenix and ~20,000 in block fees. That’s a terrible experience resulting from *hiding* complexity where it should be *emphasized*
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Felix 2y ago

I agree that's a bit too much fees, I always send new phoenix users 300k sats and let them send it back so they have a channel >300k sats for 3k sats fee.

Once you have some bigger channels established its a great wallet tough and fees are pretty low when staying offchain

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Leo 2y ago

Yeah that I agree with entirely. It makes the entire onboarding experience a bit awkward though. I think ideally the recipient could just set their desired inbound, e.g. 1M sats, then the first 10,000 sats into their wallet get taken as a fee.