Best non custodial lightning wallet? \ stacker news ~bitcoin

220 sats \ 20 comments \ @Bitcoiner1 27 May bitcoin_beginners

I'm not sure about what wallet I should install on my phone.

I'll move some SATs from on chain to Lightning and keep SATs ready to spend on businesses Bitcoin friendly.

I've heard some great feedback about Phoenix, but what else is out there?

Thanks

116 sats \ 8 replies \ @didiplaywell 27 May freebie

First of all, please refer to https://walletscrutiny.com/ to evaluate any wallet you come across (or conversely, you can use the site as a start to look for suitable wallets).

Personally I use and recommend Muun which, besides being self-custodial, haves an excellent degree of interoperability between LN and on-chain transactions (you can seamlessly send BTC to the wallet via segwit and transfer them via LN invoices). It also integrates well with ledger. So it's a good hub to come and go wherever you want, all within a barebones UI that makes it real simple to do anything.

Do note that to have that level of versatility it uses "submarine swaps", which are costlier than pure LN transfers. Though, it's just ok if you are planning to use it for medium transfers. For example, I'm currently spending 1 USD to transfer 100 USD. I need it for that, so it just works for me.

1047 sats \ 2 replies \ @SevenOfNine 27 May

Stop recommending Muun. It's not a lightning wallet.

20 sats \ 0 replies \ @anon 27 May

This. Muun is actually just an on-chain wallet with the ability to pay someone else to do a LN transcation for you. So when fees are high, Muun's "Lightning Transactions" get really expensive.

13 sats \ 0 replies \ @didiplaywell 28 May

The onboarding experience to LN, even if not a pure LN wallet, I think is optimal. I recommend it because I use it.

21 sats \ 1 reply \ @mrsu 28 May

The "lightning" feature in Muun becomes unusable during periods of high fees. Not so optimal when you have to explain to noobs that the "cheap payments network" built on top of bitcoin doesn't work when fees are high. I stopped recommending Muun several months ago when I encountered this situation.

0 sats \ 0 replies \ @didiplaywell 28 May

They corrected the issue during the fees hike, not latter. And they are still working on that. I'm confident I can keep recommending Muun because I personally was able to use it during that period after the improvements. You can't say that computers are bad today because they had only 1kb of ram years ago. A month is a decade in this environment.

121 sats \ 1 reply \ @DarthCoin 27 May

I'm currently spending 1 USD to transfer 100 USD

On Bitcoin network you will NEVER use any shitcoin USD, only sats. Now I see your knowledge level about Bitcoin... Oh yeah and mentioning walletscrutiny page... another shitcoinery, presenting all kind of crap apps with shitcoins. IT IS BITCOIN ONLY OR NOTHING.

0 sats \ 0 replies \ @didiplaywell 28 May

100 sats \ 0 replies \ @senf 27 May

Do note that to have that level of versatility it uses "submarine swaps", which are costlier than pure LN transfers.

Not working when on-chain fees are high is the opposite of what I want from a Lightning wallet.

15 sats \ 0 replies \ @senf 27 May

Phoenix is amazing, Mutiny is a good one as well.

41 sats \ 0 replies \ @k00b 27 May

Lots of recommendations and discussions in these posts: #553282/related

353 sats \ 0 replies \ @DarthCoin 28 May freebie

It's all about a learning journey... climbing the ladder.

https://i.postimg.cc/bNXYvrH6/WALLET-climbing-stairs.jpg

Use them all !

1 sat \ 2 replies \ @anon 27 May

For most people, Phoenix.

Blixt is cool too. But it's ultimately just LND under the hood.

Aqua isn't actually non-custodial. It depends on Liquid, which is basically a fancy multi-party bank.

0 sats \ 0 replies \ @030a29f333 28 May

You are safer holding L-Sats than WoS sats. It's a spectrum.

0 sats \ 0 replies \ @Longtermwizard 27 May

What happens with lnd?

0 sats \ 0 replies \ @bordalix 28 May

Helm wallet, the Lightning wallet even your grandma can use.

Under the hood, it's a PWA Liquid wallet that uses Boltz (and submarine swaps) to disguise itself as a Lightning wallet.

https://helm-wallet.pages.dev/

https://github.com/bordalix/helm-wallet

0 sats \ 2 replies \ @kruw 28 May

Phoenix is excellent. It doesn't have great privacy or the lowest fees, but it's reliable and easy to use.

0 sats \ 1 reply \ @Bitcoiner1 OP 28 May

What is the privacy issue on Phoenix

10 sats \ 0 replies \ @senf 1 Jun

All Phoenix channels are with the ACINQ node, so they can see some info about sats you send. They don't want that to be the case, and if more of the lightning network starts to support trampoline payments that issue decreases.

https://medium.com/@ACINQ/phoenix-wallet-part-4-trampoline-payments-fb1befd027c8

0 sats \ 0 replies \ @TNStacker 27 May

I like blixtwallet

https://blixtwallet.github.io/

and Zeus

https://zeusln.com/