Difference between revisions of "Wallets"
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[[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. | [[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 | [[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. | 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]] | |||
Revision as of 17:21, 31 January 2019
Functionality of wallets
Template:TODO 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
Template:TODO There are multiple wallets.
Mobile
- Eclair Mobile: open source, Android,
- Bitcoin Lightning Wallet: Android, Custodial
- Shango: Lightning Wallet for iOS and Android
- Blue Wallet: A Bitcoin and Lightning wallet for iOS and Android
- Wallet of Satoshi: "Simplest wallet"
- Spark wallet: Mobile & desktop
Desktop
- 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]]
- Spark Wallet Mobile & desktop