kebin on Nostr: Alby, Wallet of Satoshi, etc., fall under the category of custodial lightning ...
Alby, Wallet of Satoshi, etc., fall under the category of custodial lightning wallets. These wallets handle the nodes and, consequently, manage and secure your funds. Consider them as akin to carrying cash in your pocket; however, you cannot move funds to an on-chain wallet. Being managed for you, they remain online consistently, or at least that's the intention :)
On the other hand, Phoenix and Breeze belong to the non-custodial wallets. They operate a self-contained Lightning node directly on your phone. For receiving payments, the node must stay online, requiring your app to be active. Phoenix, and potentially Breeze as well, might retain incoming payments until you come back online, though my knowledge here might be limited. Additionally, these wallets allow easy swapping between on-chain and lightning transactions.
The hosted nature of Alby and Wallet of Satoshi allows them to provide users with personalized lightning addresses, such as dr.hax@something.com.
Zeus, another non-custodial wallet, enables you to connect to your own node, but you'll need to run your node externally. However, a new version of Zeus is set to include an embedded node, eliminating the need for external setup.
Furthermore, you may want to explore the Mutiny wallet as well.
In conclusion, I recommend trying out all these wallets and using the one that best suits your specific use case!
Published at
2023-07-31 22:48:34Event JSON
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"id": "f261cb3c88796510cda1a5cbf9932095eec5800d39503245b0ea6f69351504b6",
"pubkey": "40bfeee6a01b689dcb5bf17b78ba7ebb6daef47da1df4572c3fa150a3ad8a01c",
"created_at": 1690843714,
"kind": 1,
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"content": "Alby, Wallet of Satoshi, etc., fall under the category of custodial lightning wallets. These wallets handle the nodes and, consequently, manage and secure your funds. Consider them as akin to carrying cash in your pocket; however, you cannot move funds to an on-chain wallet. Being managed for you, they remain online consistently, or at least that's the intention :)\n\nOn the other hand, Phoenix and Breeze belong to the non-custodial wallets. They operate a self-contained Lightning node directly on your phone. For receiving payments, the node must stay online, requiring your app to be active. Phoenix, and potentially Breeze as well, might retain incoming payments until you come back online, though my knowledge here might be limited. Additionally, these wallets allow easy swapping between on-chain and lightning transactions.\n\nThe hosted nature of Alby and Wallet of Satoshi allows them to provide users with personalized lightning addresses, such as dr.hax@something.com.\n\nZeus, another non-custodial wallet, enables you to connect to your own node, but you'll need to run your node externally. However, a new version of Zeus is set to include an embedded node, eliminating the need for external setup.\n\nFurthermore, you may want to explore the Mutiny wallet as well.\n\nIn conclusion, I recommend trying out all these wallets and using the one that best suits your specific use case!",
"sig": "581d9919002006aa52685a54302814fe2e522f7223752d3f4e3ba0e6495236ff716ac1ba1f2db90e12dffe9101fbd83ccf899c28a57647ecdc07029ba38747fc"
}