Wallet of satoshi is set up, but what are other options for mobile wallet wise for lightning and who should I follow for the best bitcoin memes?
#asknostr
Discussion
Welcome!
It depends on your needs, WOS works well for most use cases and has little downtime. I use that one and getalby.com for a web based wallet
nostr:npub1vl9m8kpcqrxp4ah462pp78y3rupnags7zf5l72kkzw4n4cyek8es5spupu posts a lot of memes, I post a few
Youāll curate your feed over time, you should also see some of your followers follows appear too
For a non custodial lightning wallet where you control your own keys, I would recommend Phoenix Wallet
Yes. Owning keys.
I'll have to look into this!
Thank you!
Rule of thumb is, custodial wallets like WOS for laughs and giggles (less than $10).
A non custodial LN like Phoenix or Breez for less than $100 worth of #sats.
A non custodial on-chain (Layer 1) like BlueWallet for more than $100 worth.
A cold hardware wallet like Jade for more than $1k.
A multisig cold wallet (more than one hardware wallet) for $10k worth of #Bitcoin
Fully agree, only the absolute numbers are personal and different per person. If you don't feel comfortable with your setup: Upgrade!
Orange pilled a co-worker today! Shared your rule of thumb on wallet types and use. Thanks for posting!
He's going with #Strike app, DCA purchase's, then move to cold wallet storage. Showed him no-KYC on ramp options, but he decided to go with KYC route for now.
Phoenix is good, I also use this. Itās costly to start though for a newbie so I didnāt recommend it yet
Welcomeš«
1. getalby.com --> use zeus
2. ln.tips (telegram) --> use zeus
3. exodus (WOS tie to other wallets, suitable for stacking)
4. Zeus olympus (lsp, self custody --> caution, risk of self closed channel)
5. Phoenix (self custody)
6. Breez (self custody --> caution, risk of self closed channel)
7. Mutiny wallet (self custody --> caution risk of self closed channel)
8. Muun wallet --> mainnet wallet with LN as submarine swap. suitable for stacking, not suitable for zapping)
9. ecash (new type of custodian wallet, still in alpha)
-- follow me
inb4 i use exodus for stacking because it has wos functionality, liquidity, and efficiency but can display balance seamlessly with mainnet wallet. plus l-btc is coming too.
Exodus is one of the worst choices for a wallet. It isn't fully open source and being a multi coin wallet, it has a massive attack surface. Avoid, please.
Breez Wallet is another optionā¦
This guy has bitcoin anecdotes, I recommend follow: nostr:npub18csutpavpzedqgza5vqxclnq9lf2x24xew05ksa829eqkx59k87s6zjpjh
You should ditch Wallet of Satoshi for nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg. Wallet of Satoshi is custodial and closed source.
For a first time user WOS is more appropriate, itās extremely easy to use and has an app so bare minimum barrier to entry. Self custody comes after the introductory phase in my opinion
Have you heard of eNuts or Minibits?
Iāve heard of enuts but havenāt researched them yet
You might want to consider doing the research. It's an improvement on custodial services. https://t.me/eNutsWallet
Iāll certainly check in to it, I use phoenix for self custody lightning at the moment. Thanks for the link