bholm on Nostr: It’s the easiest UX because it’s not a lightning wallet. It just interacts with ...
It’s the easiest UX because it’s not a lightning wallet. It just interacts with LN via submarine swaps, so you’re really making an on-chain transaction for every LN transaction you make. It works fine for now while the mempool isn’t too busy but it will quickly become very unsustainable and expensive.
Also there is trust required for smaller transactions where the on-chain fee would be more than the value of the tx.
Muun is also trusting zero conf transactions for LN payments you make but for larger ones they will make you wait for an on-chain confirmation before sending the funds, very inconvenient when trying to make instant payments via LN.
Published at
2023-01-05 01:00:08Event JSON
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"created_at": 1672880408,
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"content": "It’s the easiest UX because it’s not a lightning wallet. It just interacts with LN via submarine swaps, so you’re really making an on-chain transaction for every LN transaction you make. It works fine for now while the mempool isn’t too busy but it will quickly become very unsustainable and expensive.\n\nAlso there is trust required for smaller transactions where the on-chain fee would be more than the value of the tx.\n\nMuun is also trusting zero conf transactions for LN payments you make but for larger ones they will make you wait for an on-chain confirmation before sending the funds, very inconvenient when trying to make instant payments via LN.",
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