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While i like the idea of almost free and instantaneous micropayments with #Bitcoin       #LightningNetwork, I also want to stress the point that we lose control of the keys of our wallets using the #LightningNetwork

A solution has to be found for this. Is there any one out there working on this?

Mr.Robot 2y ago

What you say is true, but for most of the smartphone applications wallet (some exception for Breez and Phoenix). If you run your own #LightningNetwork node, you will be in control of all your keys.

Of course, not everyone want or have the knowledge for run a full node (project like #Umbrel are born for make it easier)

The truth is, we are still early for a consumer grade lightning wallet, but we are in the right path.

#WalletOfSatosh and #Alby, albeit custodial wallet, helped the grow of the network. What will matter in the future is have te choice from custodial and non-custodial wallet

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Discussion

Bumoriver 2y ago

So , there are phone apps which i can download, have a lightning network wallet with my own keys?

Mr.Robot 2y ago

Phoenix wallet is the only which i know that keep your private key

Bumoriver 2y ago

Basically i will have a lighting node in my smartphone?

Mr.Robot 2y ago

Phoenix is a lightning node, however is restricted by the developers to connect only with the ACINQ node.

Its the most free lightning wallet for smartphone right now, but some of the services its offer are not "trustless" yet ( for receive new channels towards you, you must trust the developers for example)

Bumoriver 2y ago

Maybe the solution is actually building your own lighting network node

start9 vs umbrel ?

Mr.Robot 2y ago

Its a solution, with some drawbacks: your wallet will be less portable.

About Start9 and Umbrel, i don't have enough information for give a valuable opinion. I will suggest to use the one who provide more documentation and troubleshooting knowledge