Replying to Avatar boston wine

I’d like to open a channel in nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg and start using it daily, but currently it says that the cost to receive over Lightning is 40K sats.

That’s definitely higher than the cost of the on-chain transaction with fees around 30 s/vB for fastest confirmation. Can we select the fee rate?

If I receive sats to mutiny via on-chain, can I then open the channel from within the wallet for a more accurate fee?

Is there some other workaround, or is this essentially the service fee to get started?

Cc nostr:npub1t0nyg64g5vwprva52wlcmt7fkdr07v5dr7s35raq9g0xgc0k4xcsedjgqv

#asknostr

The fees will be dynamic soon, but yes you can open the channel yourself from your on chain balance, you just won't get any additional inbound.

A lot of this is outlined here. https://blog.mutinywallet.com/mutiny-wallet-faq/

Reply to this note

Please Login to reply.

Discussion

Thank you!

Quick Q on submitting logs with GitHub issues. How significantly does this impact the privacy of one’s wallet activity?