My understanding of phoenix is that by using acinq's node, we lose a good part of the privacy that lightning would otherwise give us. Also, that if something happens to their node, the procedure to ge...
Yep you trade privacy off for reliability. Only partly of course, but you do. Not a panacea but way better than custodial. That's how I see it. Re: complicated to get funds back, I don't think so, but I'm not sure, haven't tried it recently. There is a close channel option that presumably force closes as you'd expect.
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