Nostr Web Client

Muun is self custodial, but it's not a Lightning wallet. It's a good way to let you use your on-chain funds on LN (through Muun's node), if you're OK with the fees associated with that.

If you want self-custody Lightning, Phoenix is the easiest solution. Breez is good too.

Disturbia 2y ago

Actually i dont understand this.

It is self-custodial, but not a lightning wallet? How so?

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Discussion

MaxMoney21M⚡ 2y ago

Read their docs. Your Muun funds are stored on chain. When you do a Lightning payment, you actually send funds to Muun's Lightning node and they forward your Lightning payment to the recipient via a technique called a “submarine swap”. And vice versa for funds sent to you over Lightning.

Disturbia 2y ago

Ah, understood. Like a proxy.

But is it safe? Like in a doomsday can i retrieve my funds?

I feel phoenix is ok but im concerned with the way it handles the mnemonic.

gandlaf21 2y ago

it's safe, but if you plan on utilizing Lightning more than onchain it's not the best wallet choice. Fees could get out of hand pretty quickly

gandlaf21 2y ago

ah sorry i was thinking we're talking about muun.

forget what i said

Disturbia 2y ago

It is muun