Subnostr

But don’t you have to pay 3000 sats per deposit, that’s what i understood

One time 3k to open channel. Channel stays open till you close it.. and it will give you both lightning network address or you can choose on chain transaction..

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Discussion

rakan 2y ago

Oh ok, do ever have to open another one? For any reason?

Beiner 2y ago

I just need one open lol and now I have to channels open lmao ima close one and do that process 😅

rakan 2y ago

Because from what I understood, each 25k satoshis deposited, you need to open a channel

Beiner 2y ago

You are right.. 🤔 I just did some test transactions and yes for lightning transaction. Over 25000 is another 3K sets. But if you do a regular online transaction they don't charge you anything. I'm waiting for the on chain transaction to confirm..

Beiner 2y ago

Now I got 3 channels open and it was 3k sats lol

cuban 2y ago

1. Can send big amount over to make phoenix open a big channel (pay cost once)

2. Pay most of it out to cold storage

3. Channel remains open, use for wallet in/out

Beiner 2y ago

Thanks.. I was just analyzing what to do.. question now I have 3 channels open but 2 are one 0 because I moved it back out what now do those stay like that our I can delete all channels and create one with a large amount ohhhh got it got it..