Oddbean new post about | logout
 Is that it you think? Is it just the insane position and liquidity they have? I was thinking there had to be something in the software ability to “intercept” a payment and then forward it into the opening of a new channel. I had it work seamlessly the first time I did it with Mutiny and was super jazzed, but tried it again a few times specifically to test and it got hung up every time. 
 With Phoenix, you weren’t actually opening a channel with an outside node.
Your channel(s) were between Phoenix’s central node and a “virtual node” for you.
Then they could open outbound channels to a bunch of other nodes. This simple aspect removes a lot of friction for the user.

But as @Deleted Account  alluded to, there is a lot of visibility and lack of privacy on Phoenix’s end. They can see everything going on. 
 Yeah for sure. As I understood it they were actually doing the routing on their side were they not? I wasn’t really worried about privacy with their wallet or I wouldn’t have been using it, I just wanted a self custodial option that was easy to use.