xmrk ₿ ⚡️ on Nostr: yay, I am famous, and in a positive way: Not the best time to criticize PeerSwap, ...
yay, I am famous, and in a positive way:
https://nitter.net/notgrubles/status/1707916466626928733#mNot 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.
Published at
2023-10-01 21:02:18Event JSON
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"created_at": 1696194138,
"kind": 1,
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"content": "yay, I am famous, and in a positive way: https://nitter.net/notgrubles/status/1707916466626928733#m\n\nNot the best time to criticize PeerSwap, right? \n\n1. 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.\n2. 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.\n\nStill, both are fixable. Unfulfilled potential... yet.",
"sig": "d0a860d55198a9edfa19a055759153107f72857335ec6119270617fa5530439bcfec2a2b3d468631afc9dce7360d05950ea4bd5e5f7d465ea8dfbd59a2fd3448"
}