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 usually [[thin]] mobile apps are web sites operating [[custodial wallets]].
[[Custodial]] wallets are usually [[thin]] mobile apps that connect to 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.
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= Features =
= Features =
Wallet features might include:
Wallet features might include:
* creating and closing a [[Lightning payment channel]]
* creating and closing a [[Channel|Lightning payment channel]]
* sending and receiving of [[Lightning payments]]
* sending and receiving of [[Payment|Lightning payments]]
* refilling funds, funds pop-up
* refilling funds, funds pop-up
* [[punishing fraudulent payment publication]]
* [[Punishing Transaction|punishing fraudulent payment publication]]
* integration with or connectivity to [[Watchtowers]]
* integration with or connectivity to [[Watchtowers]]
* connectivity to [[Lightning exchanges]]
* connectivity to Lightning [[exchanges]]
* [[atomic-swaps]]
* [[Atomic swap|atomic swaps]]


= [[Dangers]] and [[Risks]] =  
= [[Dangers]] and [[Risks]] =  
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* Start with small funds: Start with small funds to improve your knowledge and the trust in your wallet.
* 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.
* 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]]
* Use a [[Watchtower]]: Use a [[Watchtower]] to be vigilant on your behalf about your Lightning [[Payments|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.
* 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|payment transactions]] and thereby can detect and also correct [[Fraud|fraudulent payment transactions]]. You might have to open your wallet for this to happen.


= List of Lightning wallets =  
= 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]].
Disclaimer: [[Main_Page|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 =
{| class="wikitable"
* [[Eclair Mobile]]: [[open source]], Android,  
! style="font-weight:bold;" | Wallet
* [https://play.google.com/store/apps/details?id=com.lightning.walletapp&hl=en_US Bitcoin Lightning Wallet]: Android, <strong>[[Custodial]]</strong>
! style="font-weight:bold;" | Own your keys?
* [https://github.com/neogeno/shango-lightning-wallet Shango]: Lightning Wallet for iOS and Android
! style="font-weight:bold;" | Desktop
* [https://bluewallet.io/ Blue Wallet]: A Bitcoin and Lightning wallet for iOS and Android
! style="font-weight:bold;" | Android
* [https://walletofsatoshi.com/ Wallet of Satoshi]: "Simplest wallet"
! style="font-weight:bold;" | IOS
* [https://github.com/shesek/spark-wallet Spark wallet]: Mobile & desktop
! style="font-weight:bold;" | Open-source
! style="font-weight:bold;" | Remarks
|-
| [https://zap.jackmallers.com/ Zap Wallet]
|
| Yes
| No
| Yes
| [https://github.com/LN-Zap Yes]
|
|-
| [https://github.com/lightninglabs/lightning-app Lightning Labs app]
| Yes
| Yes
|
|
| [https://github.com/lightninglabs/lightning-app Yes]
| by [[Lightning Labs]], [[lnd]] frontend
|-
| [https://medium.com/@notgrubles/spark-a-new-gui-for-c-lightning-2cf2f024500c Spark GUI]
| Yes
| Yes
|
|
|
| [[c-lightning]] frontend
|-
| [https://github.com/ACINQ/eclair-wallet Eclair wallet]
| Yes
| No
| Yes
| No
| [https://github.com/ACINQ/eclair-wallet Yes]
| by [[ACINQ]], [[Eclair]] frontend; supports receiving payments on testnet
|-
| [https://github.com/alexbosworth/lnd-gui lnd-gui]
| Yes
| MacOS
| No
| No
| [https://github.com/alexbosworth/lnd-gui Yes]
| by [https://github.com/alexbosworth Alex Bosworth]
|-
| [https://lightningpeach.com/peach-wallet Peach wallet]
|
| Lin/Win/Mac
| Yes
| Yes
|
|
|-
| [https://lightning-wallet.com/ Lightning Wallet]
| Yes
| No
| Yes
| No
|
| standalone SPV Bitcoin node
|-
| [https://rawtx.com/ Rawtx ln wallet]
| ?
| ?
| Yes
|
|
|
|-
| [https://itunes.apple.com/us/app/coinclip-testnet/id1372927440 Coinclip]
| Yes
| No
| No
| Yes
|
|
|-
| [https://github.com/neogeno/shango-lightning-wallet Shango]
| Yes
| No
| Yes
| Yes
|
| [[lnd]] frontend, requires [[lnd]] node
|-
| [https://www.lndthinwallet.com/ Union7 lnd thin wallet]
| Yes
| No
| No
| Yes
|
| [[lnd]] front-end
|-
| [https://shocknet.github.io/ Shock wallet]
| Yes
| Yes, web
|
|
|
| [[c-lightning]] frontend
|-
| [https://github.com/marzig76/fulmo Fulmo]
| Yes
|
|
|
|
|
|-
| [https://bluewallet.io/ Blue wallet]
| Yes
| No
| Yes
| Yes
|
| [https://www.youtube.com/watch?v=XKmI-dV_va4 Review video]. Bitcoin wallet is [[non-custodial]]. Lightning wallet is [[custodial]] by default.
|-
| [https://github.com/shesek/spark-wallet Spark wallet]
| Yes
| Yes
| Yes
| Yes
|
| [[c-lightning]] frontend
|-
| [https://www.swiftlightning.io/ Swift Lightning Project]
|
| No
| Yes
| No
|
|
|-
| [https://play.google.com/store/apps/details?id=com.lightning.walletapp&hl=en_US Bitcoin Lightning Wallet]
| No(!)
| No
| Yes
| No
|
|
|-
| [https://walletofsatoshi.com/ Wallet of Satoshi]
| Yes
| No
| Yes
| Yes
|
| "Simplest wallet"
|-
| [https://lightningjoule.com/ Joule]
| Yes
| Yes, web
|
|
|
| by [https://walletofsatoshi.com Wallet of Satoshi], [[lnd]] frontend
|-  
| [https://moneni.com/mcb/deposit Moneni]
| No
| Yes, web
|
|
|
| Web wallet
|}


= Desktop =
= Wallet Reviews =
* [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://ion.radar.tech/#wallet-guide Radar Ion Lightning wallet reviews]
* [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

Revision as of 14:09, 19 February 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 that connect to 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:

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.


Wallet Own your keys? Desktop Android IOS Open-source Remarks
Zap Wallet Yes No Yes Yes
Lightning Labs app Yes Yes Yes by Lightning Labs, lnd frontend
Spark GUI Yes Yes c-lightning frontend
Eclair wallet Yes No Yes No Yes by ACINQ, Eclair frontend; supports receiving payments on testnet
lnd-gui Yes MacOS No No Yes by Alex Bosworth
Peach wallet Lin/Win/Mac Yes Yes
Lightning Wallet Yes No Yes No standalone SPV Bitcoin node
Rawtx ln wallet ? ? Yes
Coinclip Yes No No Yes
Shango Yes No Yes Yes lnd frontend, requires lnd node
Union7 lnd thin wallet Yes No No Yes lnd front-end
Shock wallet Yes Yes, web c-lightning frontend
Fulmo Yes
Blue wallet Yes No Yes Yes Review video. Bitcoin wallet is non-custodial. Lightning wallet is custodial by default.
Spark wallet Yes Yes Yes Yes c-lightning frontend
Swift Lightning Project No Yes No
Bitcoin Lightning Wallet No(!) No Yes No
Wallet of Satoshi Yes No Yes Yes "Simplest wallet"
Joule Yes Yes, web by Wallet of Satoshi, lnd frontend
Moneni No Yes, web Web wallet

Wallet Reviews

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