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There is a new wallet called Chimera Wallet that claims to be a "Bitcoin Super-App":

The wallet is a PWA based on Arkade.

When I created a wallet, it didn't show me any seed words or keys, but it did try to get me to log in with biometrics (I was able to just use a password though).

Chimera gives you a number of options for receiving:

I tried receiving with Lightning first and it looks like the minimum amount for which you can generate a receive invoice is ~333 sats.

But the payment failed when I tried to send from a number of different wallets (this may have been because my internet was incredibly shitty).

I tried sending to Chimera from my arkade.money wallet and it kept saying I had insufficient funds, despite having a balance of more than 400 sats (I know, my wealth astounds).

I spent WAY too much time trying to make this work, and I have to admit, I'm a little frustrated that it didn't. But I was able to send some sats into Chimera and then send something supposedly worth 13 sats to my arkade.money wallet.

The Chimera website mentions some token and a waitlist for trading this or that thing, so I assume they are like Citrea and Spark in that they have grand plans for lots of defi things:

They also seem to have plans for some kind of Visa card integration:

which seems to be a sort of bitcoin prepaid visa card? The website was a little sparse on details.

I'm not too hopeful for weird integrations like these. I suspect they won't do much to further bitcoin adoption, and they will end up pulling people who might have otherwise been willing to use Bitcoin into a world of kyc and fiat middle men.


I have seen enough

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I completely missed that. It's the kind of website that leads you to skim.

Perhaps you could submit an issue...

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104 sats \ 0 replies \ @sezar 6 May

This is my one pet peeve and no I won't help someone that misspells lightning for free.

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I like how you end up testing all these garbage apps that can be ignored from the start.
They are blatantly so scammy that I don't even bother to open their webpage...

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104 sats \ 0 replies \ @brave 1 May
I tried receiving with Lightning first and it looks like the minimum amount for which you can generate a receive invoice is ~333 sats.

Still high for a minimum transaction except if you are a CEX

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Has anyone done a deep dive into the economics and incentives for the people who create these apps?

Like, who are their target audience? Doesn't seem like it's bitcoin old-timers.

Who is funding these apps development?

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213 sats \ 1 reply \ @optimism 30 Apr
Who is funding these apps development?

Anthropic, through underpriced plans

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104 sats \ 0 replies \ @Taft 30 Apr

In other words, it’s useless, right?

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104 sats \ 0 replies \ @joyfam 30 Apr

Appreciate the detailed rundown. No seed phrase on wallet creation is a huge red flag for me, feels custodial by default. Biometrics as the push also screams we hold the keys.

Might be convenient but defeats a lot of the point of Bitcoin self-custody.

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Chimera sounds like it's trying to be everything to everyone, Lightning, Ark, future DeFi, cards... maybe they should ship a working send/receive first before promising the moon.

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