Oddbean new post about | logout
 Was about to zap someone via Munn ABORT ABORT
https://image.nostr.build/43848e98dc51e0d1c70fdae30b65645fba25af398236d26b50cd58ad85e95f3f.jpg#m=image%2Fjpeg&dim=1080x792&blurhash=%2304xug_3%7Eq8_D*%3FbD%25-%3B4nxa%7Eq0000IUM%7B_NWB-%3B_3%3Fb9F9FDixv-%3Bt8t8%7Eqx%5Daf9F8_ofMxxuRiogxuIUIUWBRjxuWBRjxuax%25MxtxutQWCofRj4nRjay%25Lt7M%7Ba%7CWB%25g&x=9e15ab78e1b8502a69c4a3a9d80f99bcfa60c1e8390cee2cdc8e4ec0bb812a1c 
 That’s ridiculous 😱 
 Holy shit Munn is trash! 
 OMG 
nostr:nevent1qqsxujhfsemgzwktypyqj8rvzfayrc85xz6578jg8l3ejskk9pt3a9gpp4mhxue69uhkummn9ekx7mqzyzu0pwppgpmj3zq823pjfg5hgu2hfapawl6jjgq4tqln5tffll9mvqcyqqqqqqg0m6fgq 
 Naw muun is ass 
 HOLY GOD 
 Damn! 
 Lmao, ordinals is killing muun wallet?! 
 telmimoar? 
 Muun wallet uses submarines swaps for their lightings txs, they don’t hold funds off-chain so they settle on the layer one, so their fees need to follow what is going on within the layer one.

“Muun Wallet Fees

Muun fees are determined by a mempool-based estimator, which prevents you from overpaying when unnecessary and underestimating the fee rate during high network congestion. Unlike other estimators that base their fee rates on past blocks, transactions, and fee rates, Muun’s fee estimator examines the current state of the mempool to suggest a next-block fee rate.”

https://h17n.com/mobile-wallets/muun/#:~:text=Muun%20co%2Dsigns%20daily%20transactions,home%20screen%2C%20as%20explained%20above. 
 Ffs Muun is not a ⚡️ wallet 
 Pls don't use Muun as a lightning wallet 
 O god 
 Even if you user a real lightning wallet the receiver may get hit with wild fees. Most will give you like 50k sats inbound liquidity which goes quick if you're zapping or tipping them often. Then once they used up all their inbound liquidity the wallet will charge them those layer 1 fees to open a channel.
Orange pilling made extremely difficult in this environment. I used start them with 20k sats but these days opening that initial channel could be between 15-25k. So nothing gained. Then a couple tips later another channel needs to be opened and we're back to the stupid high fees. What's worse is you can't even tell them to move the coin off lightning so they could free up inbound liquidity because they'll probably just have 100k sats. Imagine playing 18-25k sats in fees to move 100k.

Outside of custodial solutions orange pilling folk right now is a hard sell. 
 I'm not using it anymore  
 🤣🤣🤣
nostr:nevent1qqsxujhfsemgzwktypyqj8rvzfayrc85xz6578jg8l3ejskk9pt3a9gpz4mhxue69uhk2er9dchxummnw3ezumrpdejqyg9c7zuzzsrh9zyqw4zryj3fw3c4wn6r6al49ysp2kpl8gkjnl7tkcpsgqqqqqqsm8k4yf 
 you can make lightning transactions with  Muun. 
 Muun is an on chain wallet 
 Bro I am just a cartoon frog on the internet and sometimes I'm high.