Coinos Wallet Disappeared, Any Substitute? \ stacker news ~nostr

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Coinos Wallet Disappeared, Any Substitute?

442 sats \ 33 comments \ @spiderman 14h nostr

I was using my CoinOS wallet to receive zaps from Stacker news and set up my Nostr (together with Amber and Nos2x for nsec management) sign in.

But all of a sudden I see Nos2x is signing me in to a different account with a different username, with zero balance. I had like 3000+ Sats in my coinos, so not a big loss, but still pretty upsetting and breaks the trust.

So what's the best substitute that is

KYC free
Gives me a simple readable lightning address to get zaps from Stacker news, or anyone else who sends me lightning
Allows transfer elsewhere (on-chain or lightning) from the unified balance
Best if Nostr based

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100 sats \ 5 replies \ @OT 13h

rizful.com have a nice custodial LN wallet. Also has NWC which makes it easy to send/receive zaps on SN and nostr.

Edit - BTW there should be a way to get your coinos account back. Must be a user name and password that you wrote down somewhere?

0 sats \ 4 replies \ @79c9095526 10h

Is there any reason to use rizful over wallet of satoshi?

7 sats \ 2 replies \ @DarthCoin 10h

LOL is obvious! WoS depends on google services spyware and is in control 100% of your funds. Rizful is anonymous and you have a certain level of control of your funds, you run a LN node in their cloud and you manage it as you like. Rizful is 100% better than WoS.

0 sats \ 1 reply \ @79c9095526 9h

I appreciate the info!

If you use rizful without your own node in their cloud, then it is fully custodial by them right?

0 sats \ 0 replies \ @DarthCoin 9h

You have 2 options:

run a LN node in their cloud, where you manage yourself the channels and liquidity and also be able to restore funds in any onchain address. Yes, the node is custodial, it means if they close the access to your node, you are fucked. NWC string is also provided.
run their simple NWC wallet account, no liquidity management required. Again is custodial.

0 sats \ 0 replies \ @Solomonsatoshi 10h

Wallet of Satoshi is available in the US but balances & transactions are public

#1251215

Why not use Coinos?

21 sats \ 1 reply \ @TheBTCManual 13h

Run an albyhub on your own node, problem solved!

0 sats \ 0 replies \ @DarthCoin 10h

the right answer

35 sats \ 2 replies \ @supratic 11h

It's too easy to blame the service provider. If you haven't connected the extension to coinos, or alternatively placed the nsec provided by coinos in the extension, you probably created another account. Username and password is a good 2FA to setup in case one get confused.

if you look for an easier solution, agree with OT, rizful.com/w it's an even easier wallet to setup. Just consider it still a custodial solution.

You could also try Shockwallet.app for your mobile

0 sats \ 1 reply \ @DarthCoin 10h

Rizful have two ways: a node in the cloud and also their standalone (nwc) wallet. I prefer the node.

21 sats \ 0 replies \ @supratic 8h

yes I know you prefer the node, it's much more fun to manage liquidity and play around with a hosted node. However, feel like @spiderman don't want to get caught in the intricacy of such network of channels. Btw NWC still available in rizful.com/w where w stand for wallet, too easy to remember . Works like a charm and is cheaper than coinos 🤫

35 sats \ 0 replies \ @DarthCoin 11h

Coinos didn't disappeared, is just fine. It's your nostr extension settings that goes wrong.

21 sats \ 0 replies \ @0xbitcoiner 10h

clickbait title

7 sats \ 9 replies \ @nolem 13h

npub.cash does all except onchain, Adam at CoinOS has had an absolute nightmare over the last two years with attackers hacking his project

21 sats \ 8 replies \ @spiderman OP 13h

Is there a reason CoinOS will be targeted in particular? I mean of course, any entity holding money can be a target, and any wallet, but is coinos a softer target somehow?

And any chance of recovering my account? I shot an email to their support, no response yet.

7 sats \ 7 replies \ @nolem 12h

Adam is on here and on Nostr, he has been honest about everytime there was an issue. It's trustodial so can't blame anyone but ourselves

0 sats \ 6 replies \ @spiderman OP 12h

What does trustodial mean?

0 sats \ 5 replies \ @nolem 12h

@justin_shocknet is the 🐐 with matters like this

10 sats \ 4 replies \ @justin_shocknet 5h

yo.

@spiderman trustodial are wallets that claim to be self-custodial but are actually based on trust, it's a slur, they give you self-custody to non-bitcoin keys... its a mark of dishonesty

CoinOS is not in that category, it's transparent and just regular custodial and makes this known to its users in good faith

Any custodial Lightning service is basically a honeypot for hackers, if they can find a hole to make unauthorized payments then they can drain a node and there's no recourse given its instant settlement... every custodial lightning service has experienced a drainage attack of some kind, hardening custodial lightning software is a lot of trial and error. LNbits, an extension for BTCPay, Lightning.Pub, have all had to patch vulnerabilities. CoinOS is no exception.

I don't know the history of all the exploits against them, but one was less an attack against the software and rather a key leak, they accidentally uploaded a secret to github and that was used to steal sats/credentials.

0 sats \ 3 replies \ @spiderman OP 5h

Thanks, what about Blockstream Green lightning? Are they self-custodial or cusodied by Blockstream company?

0 sats \ 2 replies \ @justin_shocknet 5h

Yea everything Blockstream is scammy

Green is a cloud node, but the keys live on your device, this makes it "non-custodial" per their marketing and lawyers... but the node is still hot on their hardware, this is Trustodial.

It's also not as useful as a VPS or the like because of the interactivity required with your device... it's very dumb and pointless... unless the point is for them to generate fees.

Anecdotally I've heard from wallets that integrated with it that they're complete clowns with support, 0 regard for when users are down, not serious at all.

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0 sats \ 0 replies \ @spiderman OP 6h

UPDATE:

I just got an email from Adam, and he restored my access

0 sats \ 0 replies \ @88b0c423eb 9h

https://ramix.minibolt.info/

0 sats \ 4 replies \ @Solomonsatoshi 11h

My coinos wallet connection to SNs is still working fine as is the wallet itself.

You have stuffed up somewhere in the Nostr part I would guess.

Changing wallet will not fix- sorting your Nostr might.

No other wallet has such low fees and good support as Coinos.

0 sats \ 3 replies \ @mo 10h

No other wallet has such low fees and good support as Coinos.

rizful/w is free - only megalithic's node routing fees apply, and great support (tested and verified myself)

0 sats \ 2 replies \ @Solomonsatoshi 10h

Can it be used on any browser on any OS?

What are 'megalithics node routing fees'? I find with Coinos the fees are zero a lot of the time for small transactions and very low for larger ones...for example earlier today I sent 1666 sats and network fees were zero.

'Amount 1,666 $3.52 Network fee 0 $0.00'

Note- wallet set in New Zealand dollars.

Are small transactions like this free on rizful?

I like how coinos works on any browser so easy to use on linux or any device/OS with a browser.

0 sats \ 1 reply \ @mo 7h

it should be browser compatible ad mobile responsive. Ready for PWA installation.

Not sure about the fees, try yourself and let us know

0 sats \ 0 replies \ @Solomonsatoshi 3h

I wont bother- have tried many others and the fees are never lower than Coinos.

Try yourself and if the rizful fees are truly lower let us know... You have implied they might be. I doubt very much that in practice that they will be.

Coinos zero fees on smaller transactions makes it more efficient for use on SN than all other wallets.

0 sats \ 2 replies \ @nichro 12h

I think he got hacked again this week. His nsec was:

I love the idea, design and existence of Coinos but it's become rough to recommend it to merchants and newbies at this point and sleep well at night.

I think Coinos needs a nightly build where they can "move fast and break things", experiment and all that.

And then have an LTS build that's minimalist, stable, secure. No Nostr stuff or ecash or anything experimental that adds attack surface, targeted at newly orangepilled merchants.

35 sats \ 0 replies \ @supratic 11h

this guy is more resilient than anything, definitely prepared for any inconveniences happened in the past years. Keep it up @adam_coinos_io

0 sats \ 0 replies \ @spiderman OP 6h

Is there any website or handle I can monitor to see updates regarding this, whether they can restore access etc.? Also, all coinos users affected? I do not see any public statement anywhere.