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Whited35

Bitcoin Lightning Network Wallet

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On 10/8/2020 at 10:30 PM, muzammil381 said:

By and by I never use lightning network wallet. Yet, I believe is so hood for the individuals who use it. As a matter of fact it's element is do acceptable. I will utilize it in future and I believe it's useful and have great experience for new one.

I have no idea about your direction of talking ! 

On 10/8/2020 at 10:33 PM, J7torresperez said:

I never use that wallet so I cant say my opinion because I know nothing about that wallet , can somebody say me something about it 

That wallet means which wallet ? I am not talking about any specific wallet with the main focus, if you have no idea , please kindly search more information before creating the posts. Thanks. 


 

 

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On 10/8/2020 at 5:45 PM, muzammil381 said:

By and by I never use lightning network wallet. Yet, I believe is so hood for the individuals who use it. As a matter of fact it's element is do acceptable. I will utilize it in future and I believe it's useful and have great experience for new one.

Well, in case you want to use lightning network in the future, make use of electrum wallet, they know support lightning network. There are several simple custodial means to use LN, example is the wallet of satoshi and the bluewallet. 

Edited by Yomose
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On 10/28/2020 at 11:33 PM, matias estigarribia said:

@whiteI think it could be a good option for small transactions, as I read that it charges lower fees than other wallets. I will investigate more on the subject.

Fee is lowest if you prefer to use Lightning Network wallets for Bitcoin transaction. 

1 hour ago, Yomose said:

make use of electrical wallet, they know support lightning network.

@Yomose Which electrical wallet are you talking about here ? Do you have some specific link to that wallet? Let me know I will look into t to know further details. Thanks. 

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@whiteI honestly did not know that the Lightning Network wallets had lower rates, it can be a good alternative for everyone. Thanks for the clarification

Edited by matias estigarribia
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6 minutes ago, matias estigarribia said:

I honestly did not know that the Lightning Network wallets had lower rates, it can be a good alternative for everyone. Thanks for the clarification

Extremely lower transaction with the faster transaction speed. Lightning network is invented to solve the scalability problem of Bitcoin blockchain network. Bitcoin blockchain network can process just 6-7 transactions per second but Lightning network processes so many transaction in a second. 

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16 hours ago, Whited35 said:

Fee is lowest if you prefer to use Lightning Network wallets for Bitcoin transaction. 

@Yomose Which electrical wallet are you talking about here ? Do you have some specific link to that wallet? Let me know I will look into t to know further details. Thanks. 

@Whited35 Never mind my mistake, my phone do change this words, that is why I have to proofread some of my posts, thanks for correcting. All I meant was electrum wallet. I have used it for lightning network, it support it and not hard to set up for people that know about lightning network very well. 

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Once the wallet has funds, Lightning Network payments can be made by scanning the QR invoices and pressing pay. Phoenix can find payment routes without a routing table sync.

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1 hour ago, Yomose said:

@Whited35 Never mind my mistake, my phone do change this words, that is why I have to proofread some of my posts, thanks for correcting. All I meant was electrum wallet. I have used it for lightning network, it support it and not hard to set up for people that know about lightning network very well. 

@Yomose Looking like Auto-correction feature enabled on your phone, disable it ! Once you complete typing the texts, review it before clicking on "Submit Reply". 

 

42 minutes ago, Prt Btc said:

Once the wallet has funds, Lightning Network payments can be made by scanning the QR invoices and pressing pay. Phoenix can find payment routes without a routing table sync.

Did you mean to say Phoenix wallet ? Can you pass me a link for that wallet so that I can look into it ? 

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I have not seen any lightning network wallet before, but if truly transactions can be fast on the lightning network, that mean people should divert to it and be using it with transactions with cheaper fee. I will research about this to comment better. 

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23 hours ago, Jandancoin said:

hat mean people should divert to it and be using it with transactions with cheaper fee. I will research about this to comment better. 

You can explore more about Bitcoin Lightning Network first. If you have no ideas about the resources for this regard, you can check this article https://cointelegraph.com/lightning-network-101/what-is-lightning-network-and-how-it-works . Once you learn everything about the Lightning Network then head toward Bitcoin Lightning Network supported wallets for more information. 


 

 

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On 11/1/2020 at 11:49 AM, Jandancoin said:

I have not seen any lightning network wallet before, but if truly transactions can be fast on the lightning network, that mean people should divert to it and be using it with transactions with cheaper fee. I will research about this to comment better. 

Yes Dear @Jandancoin it is true, the creation of lightning network is to streamline Bitcoin transactions and also to lower the cost of transfer. I recommend you to learn more about Lighting network is really very interesting. The important that every day there are some good things created to improve and develop cryptocurrency.

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On 10/31/2020 at 7:30 AM, Yomose said:

@Whited35 Never mind my mistake, my phone do change this words, that is why I have to proofread some of my posts, thanks for correcting. All I meant was electrum wallet. I have used it for lightning network, it support it and not hard to set up for people that know about lightning network very well. 

No worries @Yomose any new updates with Electrum wallet ? It's been a while I have not checked the Electrum wallet yet. For lightning network payment solution, other wallets are working perfectly well in my cases. 

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1 hour ago, Zeeshanaslam757 said:

 i never use lightning network wallet. But i think is is so hood for those who use it. Actually it's feature is do good. I will use it in future and i think it's very helpful and have good experience for new one.feature are easy to use.

Fee while moving BTC from Lightning Network supported wallet is lower and transaction speed is superfast in a comparison with on-chain BTC transaction. It is an alternative to solve scalability problem on Bitcoin blockchain network.  

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I really don't use this kind of transaction at any Wallet because I still in the old transaction process, and in general I find send bitcoin to any Wallet because of fees and I want to keep it in my Wallet or exchange, but if I can choose one there is a zab lightning Wallet 

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Most people use wallets that performs a general function rather than sticking onto a single operation wallet, the tron wallet offers these solutions of integration! 

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I have never used lightning network be for but I know it makes bitcoin transactions to be fast, I will like to use it, I need a wallet that  support it. It is even a transaction at cheaper rates. 

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16 hours ago, Zeeshanaslam757 said:

I use trust wallet for save money many wallets are working nowadays trust wallet is best wallet for use

Trust wallet is a very good online bitcoin and many other cryptocuincludingwallet including ethereum tokens. But know that trust wallet is not supporting or not yet support lightning network. 

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On 11/4/2020 at 6:31 PM, Whited35 said:

No worries @Yomose any new updates with Electrum wallet ? It's been a while I have not checked the Electrum wallet yet. For lightning network payment solution, other wallets are working perfectly well in my cases. 

There have been four new updated versions of electrum, the recent one now is version 4.0.4, it makes no much amendment to lightning, but more to the normal payment, now, rbf can be used to cancel transaction back into your wallet address in the latest release. 

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On 7/31/2020 at 6:39 PM, Whited35 said:

I know there are so many things that have to be done for  Bitcoin Lightning network.Still, so many sites and wallets like Bitrefill, Electrum, and Wallet Of Satoshi allow transactions via Bitcoin Lightning Network. I have been using this simple Bitcoin Lightning Network wallet i.e.Wallet Of Satoshi for a long time but the problem is, I can only send normal invoices by using this wallet. It is unable to open LNURL with a very specific kind of protocol like LNURL generated by Bitrefill.

So according to your own experience, which is the best non-custodial Bitcoin Lightning Network wallet which supports sending almost all kinds of the invoice? 

I agree with you friend as the best thing about lightning network is a second layer technology payment protocol that operates on top of a blockchain-based crypto currency applied to Bitcoin that uses micropayment channels to scale its blockchain's capability to conduct transactions more efficiently and fast.

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On 11/7/2020 at 4:15 PM, Aqibsaleem said:

My point of view, The wallet is very user friendly and allows you to manage your own payment channels, as well as create stream payment. In order to create payment channels more easily, you can connect the wallet to Bitfury's public school node, peach. 

Which wallet? Wallet of Satoshi? I have just included this wallet's name in my topic for a reference though I am  not making a review in it. There are some limitation in Wallet of Satoshi as it can not process the complex LNURL so I was searching for the best wallet recommendation. 


 

 

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In my opinion/view by no means haven't work on lightning associate network wallet but base on information gather by users they rate the wallet as ever been before that the features are amazing and encouraging compare to early package when lunch as at then 

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