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Overview:

  • The bitcoin lightning network ecosystem is a community effort with many great wallets.
  • Wallets vary in features, ease of use and operating system as described below
  • Alby lets you use your bitcoin without boundaries with a self-custodial lightning wallet, a mobile app, a browser extension and developer APIs all together

Introduction

Before reading, please note that, while this article cannot be totally unbiased, we have done our best to provide an objective comparison to help you navigate the landscape of bitcoin lightning wallets.
Bitcoin’s lightning network is in a period of rapid growth. In 2023 River, a Bitcoin tech company, published a report revealing that the network has grown by 1212% in two years. Since then major exchanges like Coinbase and FinTechs like Nubank joined the ecosystem.
46 sats \ 7 replies \ @OT 14 Feb
I think you can send onchain with coinos
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I have coinos but I've never explored the possibility. When you say on-chain, do you mean L1 transactions or LN<->L1 swaps? /cc @Alby @adam_coinos_io
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Yes you can do onchain and swaps.
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As far as I know, you can't do swaps on Alby. When I tried, it redirected me to Boltz. I haven't tried it with Coinos yet, but I think it should be the same, right?
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100 sats \ 0 replies \ @Alby 17 Feb
We have integrated swaps in the 1.14 version, however it's not officially released yet!
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In coinos are integrated, in house, on the fly. You are not redirected. You pay with the balance on both directions, onchain and LN. As you do in WoS, Blink.
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Could you explain this line in the table?
A dilemma and a barrier to entry for newcomers like me is understanding and choosing a wallet. I started off on the wrong foot with Alby—my mistake—I tried to rush things. Then, I followed the general recommendation to start with WoS, even though for my small transactions, it's more than enough. I also understand that the sats there aren’t truly mine since I don’t have the seeds.
I think I’ll even write about this in my Brave New World lol.
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I also understand that the sats there aren’t truly mine since I don’t have the seeds.
based on my limited understanding, sats are really yours only if you run your own node. Is that what you meant?
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yes, but I it's not worth running my own node by now.
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@DarthCoin is referenced in this blog. Nice! 🤠
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Yes, I was talking with Moritz about this.
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