Are centralized companies behind the various lightning wallets? Are there any decentralized lightning wallets out there? Which ones are
Discussion
You can always RYON. (Run your own node.) But yes all of the popular ones that are very easy to use are centralized and custodial. Blue, Wallet of Satoshi, Alby, etc.
If you want self-custody but still easy to use, try Phoenix. No LN address for Phoenix, though.
Thank you for the explanationš»
yah.. i got stuck on the muun wallet .lol // whatever
I don't recommend Muun simply because it's not a Lightning wallet. If you want self-custody Lightning, use Phoenix. If you want easy & cheap, use one of the custodial options (for smaller amounts). Muun doesn't seem to fill a niche, for me anyway.
What about BlueWallet?
I listed it 2 replies ago. It's fine as far as custodial wallets go.
Blue is custodian? Or can be both? Nearly sure about seeing people connecting with their lndhub and stuff
By default, Blue is custodian. Lndhub is their open source software which connects to a lightning node (LND) and provides a sort of account management feature for multiple users. You can use your own lndhub on your own node, but by default Blue uses their own lndhub on their node.
Thatās what I thought after checking umbrel repositories on GitHub. Is that the easiest option to have the entire custodian setup atm? Your own node, custody, etc
I dunno the āeasiestā, they all have tradeoffs. I just use Zeus with my nodes, have not run lndhub or connected Blue to my node.
I just use Blue (custodial) for small amounts.
I use Blue with my node, canāt generate LNURL though so far as Iām aware? Whatās the best way to do that with your own node?
You need to run a separate process that will receive LNURL requests and pass them to your node for a BOLT-11 invoice. See here for a list of options: https://github.com/lnurl/luds#self-hosted
š« ty
Indeed my LNBTC is now "stuck" with muun where a tx cost me 200 sats, not too bad but I was a bit disappointed
Check out Blixt wallet. #[2] has prepared this thorough guide on it too:
Thank youš»
Hi mate šā”ļøš¤
BlueWallet:
Onchain = non-custodial
Lightning = custodial
Phoenix for example:
Phoenix is a non-custodial LN Wallet.
You can send/receive LN & onchain.
For onchain they will do the swap.
With Phoenix you open a real LN Channel to the ACINQ Node. So your Smartphone becomes a LN Node. Really nice.
Blixt:
Of course a really nice non-custodial, but a little more for the advanced user.
There are other non-custodial Wallets too.
For example Breeze & Muun.