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And which one do you use and why?

All wallets fully functional Bitcoin and LN wallets which may be set with users Electrum server. There are more than that though.

SBW is not maintained anymore.

OBW picked up development and added some features like native Tor.

Valet tries to preserve legacy codebase and maintain it. It has a feature fiat channels, instead of custodial hosted channels. These fiat channels store exchange rate in channel state and allow to create synthetic stablecoins which are liability of the host with which Valet created this fiat channel.

Hosted and fiat channels deliver better privacy than just custodial wallets and may be seen as ecash in Cashu variant.

There are hard times coming since Google changed a lot in api 31 so we are struggling to maintain Valet codebase right now.

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Thanks for the answer. I wanted to figure out why the SBW forks appeared.
To what extent are "fiat channels" a popular feature?

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Because SBW developer went to fight Russian occupants.

Fiat channels aren't marketed. They are a concept which is being validated right now. We have one project from Portugal similar to Bitcoin Beach which decided to use Valet for local community. We are going to help this project and build some software for them so they could serve fiat channels locally.

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