Why is wallet of Satoshi custodial? The custom LN addresses look cool but with so many other options out there why is a custodial wallet the primary wallet so many bitcoiners are using?
Discussion
Do you have your own LN node? If not, then what else are you going to do? Phoenix? That’s the only one I know of that does the node on your own phone, and I question how reliable or economical it is. 🐶🐾🫡
I do have my own node but what about Muun and Breez, both non-custodial?
Muun apparently has its own issue with fees, etc. don’t know about Breeze, never tried it.
I do have a node myself, but don’t see how normal people can do it themselves 🐶🐾🫡
Yeah I know the fee debacle Muun has/had threw a lot of people off but it still works fine for me and I’m comfortable in recommending it as a form of self-custody, at least for now I suppose. Thanks!
I have nothing against Muun and think that they are totally acceptable compromise if node is not an option 🐶🐾🫡
Agreed, especially since Strike now has LN addresses based off your username now
Yeah I’m curious about strike but also custodial
It is, but it seems better than WoS because Jack Mallers is behind it imo
List out all the things a user can do with Wallet of Satoshi along with what it would require for someone to do all of that non-custodially. Until you complete that task shut up.
I guess that was kind of my point in asking the question. What are those things?
I’m not challenging it doesn’t provide value within the market, hence why it’s gotten so much adoption. Just genuinely trying to understand why that is even with it going against the ethos of bitcoin in self-custody.
Use muun, Zeus, getAlby