Asking for a fren.
If I want to setup my first Lightning channel with nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 , I would have a setup fee of 50k.
If I send on-chain BTC and manually open a channel with Olympus via the app, I only pay 20k fees?
Just to be sure…
10k sats fee. Open with 50k.
You will have 40k sats left
So the first time you receive via LN has a 10k fees to open (as listed in fees) but needs to have a minimum of 50k.
I was sure it was a 50k setup fees…
How much is life worth?
16 people dead and suspect at large after shootings in area of Lewiston, Maine, authorities say https://www.cnn.com/2023/10/25/us/lewiston-maine-shooting/index.html
Depends on current fees. Right now it might be cheaper on-chain. Other times nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 might be cheaper.
Its an option not a mandate.
We don't do fiat fuckery here
nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 can clarify but make sure you receive via Lightning (i.e. create that invoice for 50K). Zeus will create the wrapped invoice which you can pay from a Phoenix for example. Sending on-chain will not open a channel at 50K.
Method 1 — LN Invoice
⚡️50K sats minimum
⚡️10K sats fee
Method 2 — On-chain
⚡️1M sats minimum
⚡️No fees (i.e. just the network fee)
