Chivo Wallet backbone is River Financial they want 0.1 BTC to open a channel with them.
It appears that Chivo Wallet utilizes River Financial as its node and, as a result, the Chivo node is private. This can be verified by observing that invoices generated by Chivo Wallet are private when input into LN node explorers.
It seems that Salvadorians may not be able to connect to Chivo Wallet's node due to its private nature and the fact that River Financial only accepts channels with a minimum of 0.1 BTC. This may be problematic for those who are only able to afford a smaller amount, such as 0.003 BTC, as they may not be comfortable risking more money.
As a solution, Salvadorians may need to consider using another node provider or connecting to the Wallet of Satoshi node, which appears to be well-connected. However, other custodian wallets may also raise their minimum requirements for opening channels, which could create a catch-22 situation for users who want to manage their channels and private keys.
In summary, it appears that Chivo Wallet's use of a private node and River Financial's high minimum channel requirement may present challenges for Salvadorians looking to use the Lightning Network. Alternative options, such as connecting to a nearby node or using a well-connected node like the Wallet of Satoshi, may need to be considered. Additionally, the possibility of other custodian wallets raising their minimum requirements for opening channels is a concern for those looking to manage their channels and private keys independently.
River Financial node.
Public Key: 03037dc08e9ac63b82581f79b662a4d0ceca8a8ca162b1af3551595b8f2d97b70a
Routing node managed by River Financial Inc. Requirements for channel acceptance: * Minimum channel capacity is 0.1 BTC * Public key is added to our allow list. More information: ln.river.com