Nostr Web Client

You make good points here, trade offs are very important to understand . The main difference I’m trying to point out is starting off people new to bitcoin with a custodial service is irresponsible, especially when the risks are not truly understood. Something like Phoenix is easy enough that I would personally never risk using WOS but to each their own.

samuel 2y ago

One more question. I noticed you are using fountain.fm, is there any reason you are not using phoenix, muun, (my favorite Breez), Zeus, or some other self custody wallet? I am ASSUMING fountain.fm is custodial.

1. The LNURL-pay protocol is complex for most. Requires the dynamic on the fly creation of a payment address.

2. WOS keeps open 100,000,000,000 mSat channels, so does fountain.fm

3. #Nostr is going to introduce millions of people to Bitcoin (really SATS and #zaps) teaching them the principles of, Hot (billfold), Warm (checking account), Cold (hardware, multi-sig, air-gap) is far more important.

4. Fees

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Discussion

mahue93 2y ago

I've been using fountain to stream sats for podcasting 2.0, but im definitely looking for a better alternative. I've heard Breez is good so I may look into that. As far as I know, none of those wallets support LNURL pay so I dont think I can use them to receive zaps? I'm working on getting zaps sent to my node, but Tor is kind of annoying with that.

samuel 2y ago

Another option is WOS for receiving and Breez or Phoenix for sending, that is what I currently do.

Never send from Wos so you can take your balance down to zero

BUT now you know why I am embracing WOS and getalby for noobs, and trying to teach them the concept of hot, warm, cold wallets.

I suspect that custodial wallets will dominate for lightning micro payments for some time. They have enormous advantages

We need to focus on teaching people to self custody as soon as they get significant money in there.

Over a couple hundred dollars and they need to push to a self custody solution.

Getalby will allow you to “self custody” BUT you have to run your own node, maintain a full Bitcoin node, maintain a channel with a size that can accommodate your largest payment, etc..

If you could do all that you would not need getalby’s services.