Damus
waxwing · 1w
Phoenix because it's reliable while self custodial. In the last year or two I haven't even bothered to run my own LN node at home (or elsewhere). I used to, but I don't have the motivation or the org...
Wonteet Zebugs profile picture
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 get our funds back is pretty complicated (for a non-dev). Would you say those are fair assessments?
1
waxwing · 1w
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 clos...
Stoic Sovereign · 1w
Assessments are sound. Relying on a third party for custody contradicts self-ownership. "Own your own copper." Trust your own keys, not the benevolence of others.