What's your favorite lightning wallet? \ stacker news ~lightning

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702 sats \ 35 comments \ @expatriotic 24 Mar lightning

Yesterday I posted about MY favorite lightning wallet. Unfortunately, the timing couldn't have been worse. 4 AM on a Saturday morning ET. So I'm relinking that here in case you missed it. #476795

Now. Let's discuss below.

My list is as follows:

ZEUS
Phoenix
Alby

You go.

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735 sats \ 3 replies \ @DarthCoin 24 Mar

I don't have a "favorite" one. I use almost all. Why?

Choosing the right BTC/LN wallet

We've seen many users that are stuck with using one or max two wallet apps and also choosing them because X and Y "recommend" them and NOT for the specific situation of use and features they provide.

This is a wrong approach.

Choose your wallets based on your own usage and situation you encounter using your BTC. Some aspects to be taken in consideration:

There's no such thing as "best wallet" for everything. Remove this bias from your mind. Choose with your own knowledge, not because x and y told you so.
I would not "recommend" any wallet app in particular, but those that are open source and have a good reputation/history and respect the golden rule of Bitcoin: not your keys, not your bitcoins.
Stay away from "multicrapto" wallet apps. Are a fucking trap and usually are not open source! Bitcoin Only! You have been warned!
Use not just 1 or 2, but 3 or 5-6, each one will have its own moment to be used and take advantage of their best features for the case you need.
Learn more about each wallet app, to know them better and know in which case you could use the one that have the most appropriate features.

Here I wrote many guides about BTC-LN wallets:

Learn how to use the method of "3 levels stash", as I describe it in this guide 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".

Don't be too obsessed with "self custody only". If is non-KYC it could have advantages in some cases. Not all custodial is bad. Be obsessed with "self-custody-only" for your HODL wallets not the spending wallets.
This is where many users make the mistake and do the opposite. You can easily have your own wallets on your own node, as a "funding source" for all these custodial wallets. Move small amounts (enough to cover your spending habits) to them and use them. If are non-KYC, you have almost nothing to worry about "privacy", sometimes is even better not to reveal your own private node when you receive, not talking also about spending from these wallets as a good front wall.
Each wallet app have its own technology implemented: some use directly nodes, some use electrum server, some will use neutrino, some use Tor, some use LND others Immortan or CLN, or both. Don't make the mistake of putting them all in the same situation/use case. Each implementation have its own advantages and disadvantages, depending on which situation you are.
We are still early into Bitcoin and LN development. So first, test, learn the functionalities of each app you use and if you can, help the developer(s) of the app to improve it, give them the right feedback, don't complain. They don't know all situations or devices you are using, so give them as much information you can and explain ALL steps you did if you have an issue. Try to collaborate and help to make it better.

Once you know better the app, help other new users to use it. Devs usually are busy with coding and they get bored with people complaining all the time about same things (mostly because users do not read manuals, FAQs, do not investigate more how to use the app). Bother the dev only when is a real issue or bug, that the community couldn't help you too much or many other users encounter the same situation with no exit.

In conclusion... you the new Bitcoin user, are just like this baby, trying to climb the ladder of all apps. You must pass through all, test them all, know them better and stick with those that fit better YOUR use case.

https://i.postimg.cc/mkmGw7BJ/wallet-stairs.jpg

40 sats \ 1 reply \ @expatriotic OP 24 Mar

Now you just need to add Aqua to the stair meme for Bell_curve

51 sats \ 0 replies \ @DarthCoin 24 Mar freebie

Bell_curve can stick his Aqua in his butt... I am talking about serious LN wallets here not multicrapto apps. I made already 2 exceptions: Blink and Valet that are also displaying crap "stablesats".

10 sats \ 0 replies \ @anon 24 Mar

wow darthy strike again with a master piece !

31 sats \ 0 replies \ @398ja 24 Mar

In no particular order:

Zeus
Mutiny
Phoenix

10 sats \ 0 replies \ @Kaffi 24 Mar

Phoenix

141 sats \ 3 replies \ @nullama 24 Mar

Blue Wallet and Phoenix for the phone, Alby and Stacker News for Desktop.

10 sats \ 2 replies \ @expatriotic OP 24 Mar

People still use Blue Wallet for lightning? Interesting. Phoenix is just amazing. It just works.

141 sats \ 0 replies \ @nullama 24 Mar

Blue Wallet is nice because it can import any kind of wallet.

For example you can use an Alby wallet, or you can import a watch only wallet, etc.

20 sats \ 0 replies \ @DarthCoin 24 Mar

Bluewallet implemented LDK node, but is still experimental feature and can be activated.

31 sats \ 1 reply \ @RocketNode 24 Mar

Blixt

10 sats \ 0 replies \ @expatriotic OP 24 Mar

Great project and great dev @hampus

10 sats \ 0 replies \ @expatriotic OP 24 Mar

Unfortunately living in China, 4pm Saturday for me is 4am ET Saturday. So sometimes I'll post at odd times 🙈🤦🏻‍♂️

10 sats \ 1 reply \ @Coinsreporter 24 Mar

Upto now I have only used Wallet of Satoshi and it's doing good for me with my limited use cases. Yes, I have done a little bit walk around at Zeus and phoenix and I am trying to figure out which one will be better for me.

21 sats \ 0 replies \ @expatriotic OP 24 Mar

Just use both lol. Zeus and Phoenix are both fantastic and different. HMU on telegram if you need help @expatriotic