Some of the websites are making payment to a Bitcoin lightning network wallet only to reduce the fees which are being paid. Does any forum member have a Bitcoing lightning network wallet and what is the wallet name?
Do you have a Bitcoin lightning network wallet?
- Thread starter neku
- Start date
- Joined
- Oct 1, 2023
- Messages
- 4,906
- Reaction score
- 479
- Trophy Points
- 29
- D Bucks
- 💵11.010025
- Referral Credit
- 0
Until now I have never used a Bitcoin lightning network wallet, in my opinion the lightning network is more complex and complicated, and is also not suitable for use for large Bitcoin transactions.
I have a record on this card, but I don't remember the name on mine. I used it in a racing game I played here.
riberet19
Team Lead
Staff member
Earnings Enforcer
Gold Supporter
Literary Virtuoso
Registered Member
I have a few, the only viable way nowadays to use Bitcoin if you're a retailer is with LN, I use Zeus wallet, Muun wallet, Wallet of Satoshi and Blink as well.
How does the bitcoin lighting network operate @Suba, @riberet19. Is it some selected crypto wallets that have such wallets?
- Joined
- Oct 1, 2023
- Messages
- 4,906
- Reaction score
- 479
- Trophy Points
- 29
- D Bucks
- 💵11.010025
- Referral Credit
- 0
Currently, there are many Btc LN available on mobile apps, such as Blue wallet, Zap wallet, Eclair wallet etc. On large crypto exchanges such as Binance, Kraken also allows you to convert Btc to BTC LN, then you can send it to the Btc LN wallet, or if you receive Btc LN rewards from the site you can receive them directly in the LN wallet, do the opposite to convert to BTC standard.
Thanks for the valuable info. I would check it out on Binance. I think it is an easy way for completion of BTC transactions.
Most of the wallets specify that the user should download the app on their smartphone. Is there any wallet which is a web wallet, which can be used on a desktop and no software has to be downloaded?
eLdavis
Media Lab Marketing Team (Digital Promoters)
Staff member
Digital Promoter
Gold Supporter
Literary Virtuoso
Registered Member
I have never heard of it, but is it actually possible for a particular wallet to be able to reduce the fee?
Can you transfer money from them on other no LN wallet? I have ZBD.
riberet19
Team Lead
Staff member
Earnings Enforcer
Gold Supporter
Literary Virtuoso
Registered Member
Yes, in almost all of them you can use the normal Bitcoin chain, so you can send funds to any other on-chain wallet
Which one of mentioned you use for Addslice earnings?
riberet19
Team Lead
Staff member
Earnings Enforcer
Gold Supporter
Literary Virtuoso
Registered Member
Any is good, but I recommend you use Wallet of Satoshi if you are just starting out with the Lightning network, if you need more guidance send me a private message without fear.
I just read through all the comments on this thread and I am astonished by the great minds we have here. @riberet19 Which satoshi wallet would you recommend?
riberet19
Team Lead
Staff member
Earnings Enforcer
Gold Supporter
Literary Virtuoso
Registered Member
The wallet is called Wallet of Satoshi, you have other good wallets available to use Ligthning network such as Zeus Wallet or Blink, but the easiest to use is the first one mentioned.
I have been using zap wallet for some months, it's nice as I can say.
riberet19
Team Lead
Staff member
Earnings Enforcer
Gold Supporter
Literary Virtuoso
Registered Member
I don't know that wallet, and I've been using the Lightning Network for quite some time, what are the fees of that wallet?
