I just set up my nostr account yesterday and was trying to decide between Mutiny and Alby. I ended up deciding to go with Alby custodial option because it would have cost ~$20 to set up a mutiny wallet. I didn't understand why opening a lightning channel cost that much, and since I was depositing such a small amount I didn't mind using a custodial wallet. Can you provide any clarification as to why the setup fee is so high relative to an unchain transaction?
That seemed easy...I tried Alby, had to sign up for a waiting period...Mutiny is available and like u I signed up yesterday/day before. Interesting that Alby worked that quickly for you. Checked out mutiny and I liked.
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Interesting. I noticed Alby had a waitlist when I went to their website directly via web browser, but it allowed me to sign up when I accessed the wallet via my client (Primal). I love the concept of Mutiny and am for self-custody overall (I have my own full node for self-custody on L1), but when dealing with negligible amounts, Alby seemed like a good option. I'm looking forward to what mutiny is implementing with Fedimint though because I know fees are going to remain high and only get higher over time on L1.