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2023-11-27 00:46:07

bostonwine on Nostr: One thing that Wallet of Satoshi did very well was a seamless move from Lightning to ...

One thing that Wallet of Satoshi did very well was a seamless move from Lightning to on-chain.

With it seems like you need to fully close the channel to move funds on-chain. Is that correct?

Phoenix handles the UI quite well, but you basically have to pay two on -chain fees for every transaction, because their splicing means a reduction of capacity for each outbound send (thus requiring another channel splice on the next receive).

Does allow you to receive a balance on LN and send those sats to an on-chain address? How does the fee structure work, if so?

#asknostr
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