xmrk ₿ ⚡️ on Nostr: yay, I am famous, and in a positive way: ...
yay, I am famous, and in a positive way: https://nitter.net/notgrubles/status/1707916466626928733#m
Not the best time to criticize PeerSwap, right?
1. No way to set on-chain fees. I ended up paying 24 sats/vB when 10 would be sufficient. So if you think you can save on fees, by doing 1 tx instead of 2 (closing channel and opening new one) - yes, you use less space, but you overpay on sats/vB.
2. Cannot choose UTXO to spend. Would be perfect for privacy. Now I am using private channels, but because of channel reserve, I cannot get rid of KYC coins completely, I am left with 1% of original coin when I later close the channel. This could be solved with peerswap. Also would need an option to spend the whole UTXO on swap-in.
Still, both are fixable. Unfulfilled potential... yet.
Not the best time to criticize PeerSwap, right?
1. No way to set on-chain fees. I ended up paying 24 sats/vB when 10 would be sufficient. So if you think you can save on fees, by doing 1 tx instead of 2 (closing channel and opening new one) - yes, you use less space, but you overpay on sats/vB.
2. Cannot choose UTXO to spend. Would be perfect for privacy. Now I am using private channels, but because of channel reserve, I cannot get rid of KYC coins completely, I am left with 1% of original coin when I later close the channel. This could be solved with peerswap. Also would need an option to spend the whole UTXO on swap-in.
Still, both are fixable. Unfulfilled potential... yet.