Quote from: cryptosize on Today at 09:54:23 AM

Quote from: larry_vw_1955 on Today at 12:40:00 AM

Quote from: cryptosize on June 30, 2023, 08:02:54 AM

That's a custodial solution, isn't it?

yeah apparently, i didn't really notice at first but it says it here:

Wallet of Satoshi is a mobile app for iOS and Android that lets you send and receive Lightning payments.

It is a zero-configuration custodial wallet with a focus on simplicity and the best possible user experience. It can be downloaded using the links at walletofsatoshi.com

Simply download and install the app and you are on the Lightning Network!

But is there a non-custodial wallet where you can buy bitcoin inside of it and "Simply download and install the app and you are on the Lightning Network" ?

Self-custody in LN requires way more effort than a cold wallet, not mention constant micromanagement (backing up & rebalancing channels etc.)

Aren't Phoenix, Breez and Blixt trying to accomplish some kind of a semblance of self-custody? These three all work on IOS, and surely there are likely some other wallets that try to be somewhat user-friendly and perhaps are trying to be self-custodial too.. and I don't claim to really know all of the trade-offs.. .

Of course, Bluewallet requires running your own node, though they did previously let you connect to one of their nodes (and hold coins there) - which caused Bluewallet really not to be self-custody, and Muun wallet has some weird swaps that end up not being as lightning network dependent/reliant as some folks had been presuming.

Maybe it is better to show how darthcoin categorizes the various level of custodial versus non custodial lightning wallets and their various features?

https://darthcoin.substack.com/p/lightning-wallets-comparison