Nostr Web Client

You forgot the part about losing 10-50% of all your zaps in fees to Zeus. And losing thousands of more sats in channel opens as you need more liquidity to receive new payments because you didn't know to open a large enough channel initially. Plus the force close fees that you will definitely encounter.

Uxellodunum 1y ago

This post is for those genuinely interested in residing under LN as 2nd layer, with self-custody. Any completely new users I'd probably have them look at ecash instead.

With this current setup, I pay at most 1 sat for zaps. A zap of over 1300 cost me 3 sats when going through Olympus.

Indeed, it's not perfect but personally I think it's worth the self-custody.

As mentioned in the post, anyone is free to open a channel to any other LSP if they choose to do so - Olympus is just built-in, it's easy, and gets people going.

This is more of a prelude to ecash which I'm looking to write a post on soon, which does away (for the most part) with the limitations of liquidity and fees.

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Discussion

corndalorian 1y ago

The fees on zaps I mentioned are for receiving zaps.

Uxellodunum 1y ago

Not that I can see.

I don't have a single received zap with fees that I can see.

Uxellodunum 1y ago

Expired requests were from some testing. Going further down, as said initially, can't see a single reception with fees.

corndalorian 1y ago

nostr:note17w5q2mt0mc52xalsee0qxujrdc92j038mtn0857lh375vc2q39es8aaeze

corndalorian 1y ago

You're not even using a ZeusPay LN address. Most people who will Zeus on nostr the way you described in your OP will use a ZeusPay address set up within the Zeus app using their Olympus LSP and will incur those fees.

Uxellodunum 1y ago

You're absolutely right, my bad - Just tested with the proper zeuspay address. Will add a comment to all.

corndalorian 1y ago

🤙