npub1v2…dgaq7 on Nostr: Finally got the notification to upgrade Phoenix and migrate to the new 3rd gen system ...
Finally got the notification to upgrade Phoenix and migrate to the new 3rd gen system with splicing. The takeaway? It's amazing!
1. One single channel is created with your available balance,
2. Phoenix pays for the miners fees of migrating (very nice of them), and
3. Right off the bat you have inbound liquidity roughly equal to your total balance. They did not mention this on the documentation, but they should. I was worried I would have no inbound once I migrated and the closed all my empty channels.
This thing is just phenomenal. I was one of the "users with dozens of channels." It was functional, but that's too many channels.
Congratz Asinq and Phoenix. This is the BEST lighting wallet yet, bar none. Looking forward to Blinded paths, BOLT 12/static invoices and Taproot! You guys are killing it.
https://acinq.co/blog/phoenix-splicing-update
1. One single channel is created with your available balance,
2. Phoenix pays for the miners fees of migrating (very nice of them), and
3. Right off the bat you have inbound liquidity roughly equal to your total balance. They did not mention this on the documentation, but they should. I was worried I would have no inbound once I migrated and the closed all my empty channels.
This thing is just phenomenal. I was one of the "users with dozens of channels." It was functional, but that's too many channels.
Congratz Asinq and Phoenix. This is the BEST lighting wallet yet, bar none. Looking forward to Blinded paths, BOLT 12/static invoices and Taproot! You guys are killing it.
https://acinq.co/blog/phoenix-splicing-update