I have heard of "Muun", "Phoenix", and "Wallet of Satoshi", but not sure what the benefits of each are besides Muun and Phoenix being non custodial.
Any insight would be appreciated.
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I have heard of "Muun", "Phoenix", and "Wallet of Satoshi", but not sure what the benefits of each are besides Muun and Phoenix being non custodial.
Any insight would be appreciated.
Muun shouldn't even count as a lightning wallet, it's an on-chain wallet with lightning access through swaps.
Phoenix is great but ACINQ is a French company and I'm afraid EU will try to kill it.
WoS is custodial closed source spyware, don't use it.
Appreciate the insight.
Are you looking to stay on iOS or android exclusively? Some of the best wallets are pc/Mac only. Do you run a node? Share your deets!
Not running a node. Looking to stay on android. I am mostly just wanting to hold my own keys, but if there are others that offer other benefits or features I don't know about I would be hearing what people like and why they like them. I'm big on word of mouth reviews of things.
I've been a happy Breez user for years. Fully non-custodial, slick UX, value4value podcasts included. Breez is an excellent LPS (lightning service provider) so you'll never have to worry about opening/balancing channels, managing liquidity, etc. It backs up automatically to your Google/Apple account. CEO is @roy and also on SN, hers a recent AMA:
#29808
So most of all "it just works"
Thank you for the thoughtful explanation!
Any android users want to help this guy out?
Blixt is my favourite lightning wallet (android only atm). I recently compared the main non-custodial lightning wallets as I was onboarding a friend. From my experience, with Blixt you have much greater degree of control over channel management than other options and is very similar to running your own node in terms of available functionality. Some features include channel backups, signing with wallet key, connecting to your own Bitcoin node, Tor and inbound channel services. Ultimately running your own node is best but even then it is good to have a back up option for example when the node is offline.
As I stated earlier though I am interested in hearing what others do as well, and why. I may change what I do in my bitcoin journey. Still learning and just want to hear others experiences also. Just genuinely looking to converse, listen, and learn.
Here are a few places to start:
https://stacker.news/search?q=%22lightning%20wallet%22
#21839
👍
Thanks
I like Blue Wallet personally. Self-custodial, non-KYC, bitcoin and lightning, quick and easy to setup and use.
As far as custodial, KYC bitcoin exchange goes, Strike is a great way to acquire bitcoin into a custodial wallet that can send on chain or lightning transactions at your discretion.
Thank you for your insight kind sir! ;)
https://t.me/lntxbot
Or any lndhub client, BlueWallet being the first and favourite.
Phoenix is good to start with LN. It provides inbound liquidity on the fly, but not for free.
Thanks for your insight. Appreciated.