Bitcoin Lightning Wallets Compared

[@Bitcoin_University]

WARNING: There are a number of scammers who are using my image and channel name to try to connect with my viewers on WhatsApp and other platforms to scam them. Just so you know, I will never refer you to "my personal trader" or try to connect with you personally to sell you something. I am trying to ban these scammers as quickly as they pop up. You can always recognize a scammer by clicking on the image and seeing how many videos he has. All of these guys have zero videos, while I have hundreds. I also now have a checkmark next to my name, so that you can distinguish the real Bitcoin University from the imposters. Follow me on Twitter @mattkratter

[@mazeman01]

I love Strike because of its simplicity.

[@Lasereyes87]

This is the best youtube channel ever !

[@godurst]

Great video! I've tried nearly every Lightning wallet at this point and Aqua is my preferred overall. Simple to use, no Lightning channel management needed, you get to transparently realize all benefits of Liquid (speed, cheap fees, and privacy), and still available in US.

[@JoeNakamoto]

MUUN WALLET IS NOT A LIGHTNING WALLET ⚡️ ⛔️ Sorry I have to shout that but SO many people get rugged by Muun wallet when the fees increase or spike. Which they will. Forever. Great video as ever Matthew!

[@Bitcoin_University]

I agree

[@satoshischrockamoto]

Agreed. No longer recommending to students down here in Argentina. Served its purpose for a time but better solutions exist now.

[@melwoods-ml7nc]

I am one of them.

[@Visstnok]

@@satoshischrockamoto May I ask which wallet you'd recommend nowadays?

[@satoshischrockamoto]

@@Visstnok AQUA; not even close.

[@RDRLegend23]

I’m really rooting for Aqua. The Bitcoin wallet your Grandma could use.

[@LightningArt71]

For newbs I like to introduce them to Blink custodial wallet. We used it at a school's entrepeneurs day recently. Worked well. It also has a few bells and whistles like point of sale functionality and a few other things.

[@dominickbadial5980]

I really like Mutiny and the Zeus wallet

[@codebender9435]

Exodus wallet has lightning. By default is set you can transfer max $100 to it but you can change the limits if you really want. I quite like it and it has a lot of coins supported.

[@Bitcoin_University]

Supporting altcoins gives it a wider attack surface. Stick to BTC-only wallets

[@gilbycoyote]

I really like Zeus, the node is in the phone, i also use it to use my nodes lightning wallet on the go. It’s also possible to recieve a lightning transaction while offline, redeemable for 24hours. Another great easy wallet is primal. It comes with a nostr client.

[@theantil7]

Forgive me father Kratter for I have sinned. I did not finish watching yesterday's video. Going back now. No amount of penitence is enough to wipe away my sin 😂😂😂

[@robertdewees9418]

My first trip to El Salvador muun wallet was a complete pain in the butt.

[@ytstp]

I'm in the US and I'm still using Phoenix, Tor enabled.

[@eddiebeer4516]

I've had good experiences with Strike and Muun. Besides I love Jack Maler's take on what's going on.

[@edwinmuchiri480]

Thanks for great information and the good job you are doing. A big follower from #kenya for many years. But please increase your channel/audion equipment volume, it's always rather low compared to any standard video. Thanks again.

[@nomandates9186]

Hey Matt, love your videos! Did you ever do one on running a node using umbrel vs start9 vs diy (using a old laptop and using bitcoin core)?

[@Gr8Incarnate]

Hey Matt, I'm not sure if you have any videos on buying BTC using BTC ATMs, but if so can you provide a link and if not, can you make a video on what ATMs can be trusted, if it requires KYC and any pros and cons of using them? As always, thanks for the videos.

[@BobE_Nagesh]

Thanks again for a great video Professor Kratter! I read somewhere yesterday that Donald Trump has asked his bitcoin advisors if bitcoin on the balance sheet could help with the massive US debt. I'm really excited that he is asking these type of out of the box questions. What are your thoughts? How would this help?

[@Tiesthatbindus]

So, is it possible to use Aqua as an interim tool for anonymity since they are cracking down on mixers? BTC > LBTC > New BTC wallet?

[@bebitcoinize]

Bonjour Professeur

[@Bitcoin_University]

Bonjour mon ami

[@CC-ii9hg]

Matt, you said you can use a custodial wallet for privacy. Can you make a whole video on that please? Thank you! And keep up the great work!

[@Bitcoin_University]

Custodial wallets like Strike only give you privacy from people snooping on-chain. Strike still sees everything that you do

[@brawndo8726]

​@@Bitcoin_University Why not simply blend into Bitcoin's gigantic anonymity set?

[@brawndo8726]

​@@Bitcoin_UniversityWhy not simply blend into Bitcoin's gigantic an0nymity set?

[@brawndo8726]

​@@Bitcoin_UniversityWhy not simply blend into the gigantic @n0nymity set?

[@brawndo8726]

​@@Bitcoin_Universitylol

[@stacy9497]

Hi Matthew. Can you do a video sometime telling us your take on the Bitcoin Power Law that is being talked about on X/Twitter? The guy pushing it is a bit arrogant but does the Power Law make sense from a mathematical perspective. He seems to think we will get to $1 million Bitcoin in 10 years while many others, like Samson Mow, believe we could get there very quickly. What do you think? Have you looked at the math behind the Bitcoin Power Law?

[@HLuisGarcianerdragefitness]

When the time comes when most people have to regularly use LN or Liquid, either a) they’re going to be funding straight to these L2s and every month or (preference) will swap to onchain or b) will have most liquidity already on chain, and will swap to LN/Liquid a moderate amount that will suit their spending needs for however long is worth the onchain fees for them

[@JayStrattonIII]

Love this video and the additional coverage you're giving to self-custody mobile wallets like Aqua. In terms of Zeus, I tried it for a few weeks but had multiple LN channels force close despite following recommendations to ensure that the on phone node was running persistently and had good connections to neutrino peers. I really appreciate the work their devs are doing, but imo the embedded phone node is too fragile and doesn't seem to handle brief lapses to wifi/cellular connectivity well. Mutiny wallet seems a little better if you use the Fedimint integration, but despite using the Voltage API, I got a force close of a channel with it as well. Phoenix wallet by contrast never had issues with force closes, but alas they ducked and ran out of the US.

[@a_d_s5361]

Does the 12 word recovery phrase when creating a new wallet in Aqua back up both the base chain btc wallet and Liquid wallet?

[@Bitcoin_University]

Yes

[@Fine_Times]

Thanks again MC

[@DrLukeonCall]

Great video. Please also cover the Blink custodial wallet. I find it very easy for new users and it has the learning modules in many languages! ( I am not in the US)

[@trujiillodivecenter5913]

Mutiny wallet is gone! 😵‍💫

[@eponaepona]

Excellent video. Thanks! ❤

[@STP134]

Thank you, Matthew!

[@austinbyrd1703]

I'm still using the phoenix wallet app in the US. I downloaded it before they left. Am I good to keep using it?

[@BatmanBoss]

Thanks buddy

[@WEARYCUB]

Awesome video! Can we get a video for node suggestions too?

[@bongchankoh478]

Could you kindly provide us with a of Liquid functionaries along with their respective jurisdictions? This precise information is crucial for me to evaluate the risks associated with using Liquid. Unfortunately, my Google search did not yield the desired results.

[@BLhackHat]

What's the best btc wallet for android ser?

[@Bitcoin_University]

It really depends on what country you are in, and whether you want mostly on-chain or Lightning or cold storage (which requires a hardware wallet like the Coldcard). For Lightning, I really like Phoenix Wallet, but it's no longer available in the US

[@KulturKampf777]

Excellent video

[@Talamanca3]

If the Aqua app disappears and I kn9w my seed phrase, can I access my funds using the seed phrase with a different wallet?

[@kristiantenorio]

You forgot Breez Wallet, a very good one with self custody.

[@roblowe6086]

So upsetting that the USA has no good lighting wallets. Will have to run node soon. Want to learn lighting.

[@JunghwanCho]

where is the Breez?

[@HalStaniloff]

Matt: If someone has BTC on a Ledger and they are looking to sell for fiat (taking profit) is it just easier to swap within the LedgerLive app or use a L2 solution in order to keep the fees low?

[@Bitcoin_University]

I've never used Ledger Live so don't know what's inside. It's important to distinguish between sending transactions and the associated transaction fees on-chain or on Lightning vs. fees and commissions that are levied when selling for fiat. Those are two separate issues

[@christopher01221]

Interested in seeing your review for Mutiny Wallet

[@pbr653]

I switched to Mutiny from Phoenix. Like it. People I trust recommended it. I use it in the Brave browser vs the app.

[@seekererebus255]

Very likely that the long term future of the network is a few single custodians, a number of Liquid-style sidechains and several federations using Boltz and Boltz-like swaps for users to interact between the networks and also the LN network itself on mainnet, and almost 100% of on-chain mainnet activity will be hard-swaps between these service providers. The only ways this doesn't happen is if Bitcoin fails or a hard-fork occurs that increases the on-chain footprint drastically. How do so many bitcoin users not understand this?

[@mbrown5494]

Perhaps because at this time, most people collecting/trading BTC aren't as concerned (yet) about actual, real world implementation (buying goods and services).

[@chingron]

I suspect that over time a much more elegant solution will be devised and implemented with a hard fork. Even something as simple as allowing multiple transactions to be bundled together. For example, there could be “hub” addresses where you send your transaction to along with a destination address. This hub would basically bundle multiple transactions into one. This idea is rather crude. As I said… something far more elegant will come along without needing to increase the footprint.

[@coleenadams3392]

@@chingron I was going to comment on recognizing that BTC is still so young. Think Model T to Model A automobiles, think Pentium chips to Nivdia. Maybe not a perfect analogy, but understand the message. I'm a hodler at this point so will let the cream rise to the top as far as BTC functionality in coffee an donuts realt world transaction. My only concer is how to keep layer 2's as decentralized as possible. Waiting for more elegance.

[@AsoSnT]

Nice , I was in search of a good wallet !

[@bitcoinpoemspro1406]

Thx Matthew

[@HarryTwoDogs]

Should I be suspecting that there's a "man in the middle" keeping track of individual iOS Blue Wallet contents when the app refuses to update BTC price through a VPN? It only functions when the VPN is deactivated.

[@julian-gen]

Mutiny Wallet is Shutting Down per its blog. ???

[@jh2666]

what is the most basic lightning wallet? i have free sats waiting for me and dont understand how to get a lightning wallet

[@Leoninmiami]

good info!

[@walecious1]

not directly related to the video…how do i set up my node to shed the bloat from the recent shipcoins on the btc blockchain? Thanks

[@0kills]

What's your opinion on ledger stacks? :D

[@showcaserome]

Blockstream green?

[@melwoods-ml7nc]

I used muun wallet for 1 btc transaction and was shocked with the fees. no more. I'm moving my btc out of muun to another wallet, most likely phoenix and mutiny. bye bye muun.

[@ThatGuyKhanto]

Did you send it to a lightning invoice/address or did you send it to a base layer address?

[@hfuhruhurr]

Thoughts on Nunchuk?

[@Bitcoin_University]

Great product-- especially if paired with a hardware wallet for cold storage. But Nunchuk doesn't offer Lightning as far as I know

[@427vot]

Peace Money

[@quovadis5575]

👍

[@overreact19_]

Hi Matthew, what do you think about Litecoin?

[@BatmanBoss]

It’s crap look at the chart compared to BTC

[@Bitcoin_University]

It was once a potential competitor to BTC, but has definitively lost that race. The world only needs one proof of work coin, and BTC has won. LTC will continue to lose value against BTC forever

[@overreact19_]

@@Bitcoin_University That's unfortunate. It's built similar to BTC, but sadly it's getting less and less attention. For me it's pretty good because of low on-chain transaction fees. Bitcoin Lightning network is not as popular in my opinion. Here, in Poland BTC and LTC payments (both on-chain and lightning) basically don't exist, and it's a shame.

[@overreact19_]

Wow, my comment is deleted. From your videos I assume that's youtube fault.

[@overreact19_]

By the way, what do you think about BitBox hardware wallet? It kinda flew under the radar, and it's more popular in Europe.

[@videocritic]

Cake wallet ???

[@Bitcoin_University]

Shitcoin wallets have a wider attack surface. Don't use them or the fecal assets that they support

[@ren7sp25]

Unpopular opinion: BCH works better than lightning. Creating invoices, opening & closing channels.. ugh. And yes, I have far more btc but for small transactions bch is it. Actually XMR also, but it's getting delisted..

[@MrCaLFreddyG]

ZEUS WALLET

[@stixstoner7170]

what ever happened to ‘not your keys, not your coins’? bitcoin is failing, there are much better options today and being told that your too poor to use the “base layer” is not what was promised by satoshi.

[@twitafftwitaff7029]

It is not failing.

[@stixstoner7170]

@@twitafftwitaff7029 it is, first it was ‘we are all satoshi’ now it’s black rock is satoshi and the rest of you can kick rocks. try using kaspa and come back and tell me bitcoin is better, don’t get me wrong i own bitcoin (on the base layer) but it’s not useful as a peer to peer MoE it’s a store of value ( not what satoshi envisioned)

[@sang3Eta]

It's a shame Strike still isn't available in the UK.

[@xDooksx]

What if Btc never breaks 100k..

[@Admin-u1q]

The dollar value of BTC depends on the government not devaluing the dollar. We're golden.

[@smcha4]

what if an asteroid hits tomorrow and we all die.

[@Bitcoin_University]

What if $200 trillion of US debt magically disappears because Tinker Bell waves her magic wand? What if central bankers stop printing money?

[@locotest22]

I will have more bitcorn

[@chingron]

What if the cost of a BigMac goes to $10?

[@geffcer7982]

Hi, I am reposting a comment I wrote on your past video because you might have missed it and I really want your opinion because I know you don't get emotional and speak facts. No worries, I wont ask again if you ignore. I saw in the previous video that you disliked ETH just like I always have. But I don't understand what you don't trust in Kaspa. Can you tell me because I don't see any flaws personally. Decentralised, POW, Fair launched, no VC, Fast, scalable, crazy cheap transactions, BlockDAG technology (not a cheap copy of BTC like LTC), grew to top 50 without tier 1 exchanges or VC marketing (Which is unheard of), the hashrate is growing exponentially... Its at least worthy to be recommended to people, so they can switch from SOL and ETH with the KRC20 coming next month. Right? Or is it another shitcoin to you?

[@chingron]

The world isn’t going to have two global reserve currencies. End of story. If you think KAS is going to win, go with KAS. If you think BTC will win, go with BTC. I’m betting on BTC. Sure… KAS has great tech. So what? In 6 months, there will be another fairly launched PoW coin with twice as many bells and whistles as KAS. When that happens, will you write to Matt again and ask him about the new KAS killer?