Some people didn’t heed the warnings when BlueWallet shut down their custodial node and that caused a loss of funds. I don’t know what their plan is for reimbursement in that case. With Phoenix, they are your channels so the custodial risk just depends on the reliability of their nodes.
Wow, so it’s a custodial wallet?
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It's a non custodial lightning network wallet if Phoenix disappeared you still get your sats with your recovery phrase on any btc wallet
Oh thanks, my english is not good and I misunderstood
Si yo se español también
Great! Digo, buenísimo 😊👍
No, it just relies on their nodes exclusively to open channels.
Ok thank you!
