Damus
remyers · 9w
In Phoenix they solve the low value wallet problem with JIT/zero conf. I'm curious how Spark compares to that solution. Phoenixd also handles low sat payments with a custodial credit system so maybe t...
Matt Corallo profile picture
Phoenix refuses first-receives under a threshold and generally has relatively high fees due to liquidity allocation and on-chain costs. Graduated wallets allow the LSP to allocate substantially less liquidity and allow the first receive to be as low as a zap. It’s a much better UX if you get all the pieces working.
remyers · 9w
The phoenixd server handles small first receives differently than mobile app Phoenix. The fee credit system might be interesting as a comparison, with the main caveat that small receives are only accumulated until they can be used to open a channel. https://share.google/dRjeZArKO0HquEL0m