Any recommendations on wallets? Particularly the Lightning Network. \ stacker news ~bitcoin

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Any recommendations on wallets? Particularly the Lightning Network.

336 sats \ 13 comments \ @hasherstacker 29 Oct 2023 bitcoin

141 sats \ 0 replies \ @lightwalker 29 Oct 2023

Good job @DarthCoin, I like the way you put it:

Think like a bank, not just be a bank... A. HODL = your "central bank" with most of your stash, your reserve bank, barely moving it, onchain B. CACHE = your "commercial bank" with medium size amounts, for redistributing to HODL and SPEND, onchain and LN, nodes channels etc C. SPEND = your spending pockets, with small amounts, enough to cover your regular spending, LN, with funding source from your "CACHE bank"

This makes a lot of sense.

21 sats \ 0 replies \ @DarthCoin 29 Oct 2023

Start learning and testing all of them. It's a long way to the top if you wanna rock'n'roll !

https://i.postimg.cc/yxNT2Bgj/wallet-stairs.jpg

0 sats \ 0 replies \ @bitcoin_rationalist 29 Oct 2023

Mutiny is great. I also like WOS when using Damus

0 sats \ 0 replies \ @DarthCoin 29 Oct 2023

A must read guide https://darthcoin.substack.com/p/lightning-wallets-comparison

0 sats \ 4 replies \ @TNStacker 29 Oct 2023

blixt wallet!!!

31 sats \ 3 replies \ @DarthCoin 29 Oct 2023

Please do not recommend a specific wallet app to somebody that you do not know his level of knowledge about using BTC and LN. Blixt is a great wallet but for many noobs could be a struggle to start with. We have people that have no idea what is LN and how it works.

12 sats \ 2 replies \ @TNStacker 29 Oct 2023

We may have opposing educational philosophy. I happen to find nothing wrong with a "struggle to start with" in learning new things. I philosophically don't believe in dumbing topics down. I think we truly learn from dissonance, uncomfortably, and challenge.

That said, I am also open-minded and will consider your approach.

30 sats \ 1 reply \ @DarthCoin 29 Oct 2023

I know you are a smart guy and can handle very easily a complex app like Blixt. But not all are like you man.

41 sats \ 0 replies \ @TNStacker 29 Oct 2023

Persistence and perseverance in learning are key to appearing smart later on!

0 sats \ 0 replies \ @tolot 29 Oct 2023

It really depends on your level of knowledge of the bitcoin protocol, dynamics and infrastructure.

Do you mean mobile?

If so, for onchain founds I would suggest Green Wallet by blockstream, just use the simple single-sig wallet amd avoid di 2FA or multisig. Off course remember that a mobile wallet is an hot wallet.

For lightning there are a lot of different solutions too, I will just name some:

Phoenix, non custodial and simplifies a lot of the channel backup mechanism
Breez, non custodial
Blixt, non custodial but a more 'advanced' lightning and onchain wallet

These are pretty solid solutions, there are tons of wallets, just stick with the industry standard and use the most solid and most used.