lightningwiki.net - User contributions [en]

Dangers

2019-01-31T17:23:45Z

2A06:1700:1:0:0:0:0:7: redirect

#REDIRECT [[Risks]]

Wallets

2019-01-31T17:22:56Z

2A06:1700:1:0:0:0:0:7: added Best Practices section

= Functionality of wallets =
{{TODO|Please add more details to wallet functionality.}}
Wallets are considered [[Layer-3]] applications. Wallets use the Lightning Network (a [[Layer-2]] protocol) which is a [[payment]] protocol to provide wallet functionality.

[[Non-custodial]] wallets create, manage and use private [[Layer-1]] [[keys]] that hold funds. Such [[private keys]] are for example [[Bitcoin]] or [[Litecoin]] keys, corresponding to the [[Layer-1]] blockchain.

[[Custodial]] wallets are usually [[thin]] mobile apps are web sites operating [[custodial wallets]].

Lightning wallets connect to [[Lightning nodes]] as well as to [[Layer-1]] blockchain nodes, such as [[Bitcoin]] nodes.

= Features =
Wallet features might include:
* creating and closing a [[Lightning payment channel]]
* sending and receiving of [[Lightning payments]]
* refilling funds, funds pop-up
* [[punishing fraudulent payment publication]]
* integration with or connectivity to [[Watchtowers]]
* connectivity to [[Lightning exchanges]]
* [[atomic-swaps]]

= [[Dangers]] and [[Risks]] =
Be aware of and understand the difference between [[full]] and [[thin]] wallets. The differences between [[custodial]] and [[non-custodial]] wallets. The differences between [[open source]] and [[closed source]] wallets. Wallets can steal all all your funds. Do not use a wallet you do not trust. Always research a wallet (e.g. on the internet) before you install and use a wallet. Only use a wallet you trust.

Wallets can have access to, hold, and manage the [[private keys]] of your funds. Wallets can misuse these keys to fraudulently steal funds from you if you are not careful. See [[fraud]] to learn about how to [[avoid fraud]].

= Best practices =
* Build knowledge: Learn about Lightning.
* Build trust: Research a wallet to build trust before downloading it, installing it or using it.
* Start with small funds: Start with small funds to improve your knowledge and the trust in your wallet.
* Backup: Frequently [[backup]] your wallet. This is specific to your wallet, so check with your Lightning wallet provider.
* Use a [[Watchtower]]: Use a [[Watchtower]] to be vigilant on your behalf about your Lightning [[payment transactions]]
* Open the wallet regularly: This is specific to your wallet, so check with your Lightning wallet provider. Good wallets are vigilant and supervise your [[payment transactions]] and thereby can detect and also correct [[fraudulent payment transactions]]. You might have to open your wallet for this to happen.

= List of Lightning wallets =
Disclaimer: [[lightningwiki.net]] does not recommend any wallet(s) and is not responsible for the action(s) of any wallets. The use of any wallet is 100% at your risk. It is fully your responsibility. See [[dangers]] and [[risks]].

{{TODO|Add more wallets}}

= Mobile =
* [[Eclair Mobile]]: [[open source]], Android,
* [https://play.google.com/store/apps/details?id=com.lightning.walletapp&hl=en_US Bitcoin Lightning Wallet]: Android, [[Custodial]]
* [https://github.com/neogeno/shango-lightning-wallet Shango]: Lightning Wallet for iOS and Android
* [https://bluewallet.io/ Blue Wallet]: A Bitcoin and Lightning wallet for iOS and Android
* [https://walletofsatoshi.com/ Wallet of Satoshi]: "Simplest wallet"
* [https://github.com/shesek/spark-wallet Spark wallet]: Mobile & desktop

= Desktop =
* [https://zap.jackmallers.com/ Zap] a free Lightning Network wallet focused on user experience and ease of use, [[open-source]], source is [[ https://github.com/LN-Zap/zap-desktop here]]
* [https://github.com/shesek/spark-wallet Spark Wallet] Mobile & desktop

= Web =
* [https://lightningjoule.com/ Joule] for Chrome and Firefox
* [https://moneni.com/mcb/deposit Momeni]
* [https://chrome.google.com/webstore/detail/bitlum-dev-edition/jjgbpgjndagcekjgmafbddfneekoiejn Bitlum] Chrome Extension

Wallets

2019-01-31T17:21:26Z

2A06:1700:1:0:0:0:0:7: Added Features section

Wallets

2019-01-31T17:20:30Z

2A06:1700:1:0:0:0:0:7: Added Functionality section to page

Wallets

2019-01-31T17:18:51Z

2A06:1700:1:0:0:0:0:7: /* Mobile */ removed "Closed Source" from Shango as there is (some?) source code on github but I cannot verify if this code is the same they use to build the Android app

{{TODO|Add more wallets}}
There are multiple wallets.

= Mobile =
* [[Eclair Mobile]]: [[open source]], Android,
* [https://play.google.com/store/apps/details?id=com.lightning.walletapp&hl=en_US Bitcoin Lightning Wallet]: Android, [[Custodial]]
* [https://github.com/neogeno/shango-lightning-wallet Shango]: Lightning Wallet for iOS and Android
* [https://bluewallet.io/ Blue Wallet]: A Bitcoin and Lightning wallet for iOS and Android
* [https://walletofsatoshi.com/ Wallet of Satoshi]: "Simplest wallet"
* [https://github.com/shesek/spark-wallet Spark wallet]: Mobile & desktop

= Desktop =
* [https://zap.jackmallers.com/ Zap] a free Lightning Network wallet focused on user experience and ease of use, [[open-source]], source is [[ https://github.com/LN-Zap/zap-desktop here]]
* [https://github.com/shesek/spark-wallet Spark Wallet] Mobile & desktop

= Web =
* [https://lightningjoule.com/ Joule] for Chrome and Firefox
* [https://moneni.com/mcb/deposit Momeni]
* [https://chrome.google.com/webstore/detail/bitlum-dev-edition/jjgbpgjndagcekjgmafbddfneekoiejn Bitlum] Chrome Extension