Wallets
Revision as of 17:20, 31 January 2019 by 2a06:1700:1::7 (talk) (Added Functionality section to page)
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 usuallu 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.
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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