Скачать или смотреть Phoenix Wallet: When To Use Lightning or On-Chain Bitcoin

Phoenix Wallet is designed for the Lightning Network, a faster and cheaper way to transact with Bitcoin. Here's a breakdown of when to use Lightning or on-chain Bitcoin with Phoenix:

Use Lightning Network:

Everyday Transactions: Lightning Network is ideal for small, frequent payments like buying coffee or groceries. Transactions are much faster and cheaper compared to on-chain.

Receiving Payments: If you plan to receive a lot of small payments through Phoenix, Lightning is the way to go.

Use On-Chain Bitcoin (through swap):

Large Transactions: For larger transactions, on-chain Bitcoin might be better suited due to limitations on channel capacity within the Lightning Network.

Sending to External Wallets: If you need to send Bitcoin to a wallet that doesn't support Lightning, you'll have to use the on-chain swap feature in Phoenix.

Things to Remember:

Phoenix is a self-custody Lightning wallet, meaning you have full control over your funds. However, opening a channel requires an initial on-chain transaction.

Swapping between Lightning and on-chain Bitcoin within Phoenix incurs additional fees.

For storing and managing larger amounts of Bitcoin, consider dedicated on-chain wallets like Blockstream Green or Blue Wallet.