Phoenix is really good and I recommend it to people, however:
- extreme form of "non-custodial centealizarion"
- very very bad privacy
- actually super expensive
I think it's smarter to use Zeus with your own Lightning node on a server at this point.
(I know that's not an alternative to most users of Phoenix, but as a tech savvy person, you don't have to put up with these kinda strong compromises)
Indeed.
NWC + own node and/or a self-hosted AlbyHub are also great alternatives
Anyone who can live with the fact that I can rug you, feel free to use https://bb.mountainlake.io/ or use a cashu wallet with my mint at https://mint.mountainlake.io. I don't charge any fees on top of the lightning network itself. And keep in mind that I will be sailing til mid September and therefore can't offer the same support as in the winter months.
Based
Phoenix's 0.4% outbound payment fee means during low fee environments sending $100 on chain is actually cheaper than sending $100 using phoenix. The UI/UX is really good though.
Yeah, I've spliced out of my channel more than once because it was cheaper to do than to send via Lightning. Feels weird.
nostr:npub1jugar2agq6369p0l86razavs9shj2p6pscxecevs8j94ap37hkqsjlfc28 is a breeze. Or you try the new nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm hub.
>- extreme form of "non-custodial centealizarion"
I feel like this is an inevitable tradeoff for large scale retail solutions.
You need a service provider to shoulder the channel management load and provide the necessary UX abstractions.
I'm also somewhat hopeful ARK can significantly mitigate the costs of self-custodial LN.
