This is a mobile custodial wallet, which means that you don’t control your Bitcoins.
Best Lightning Network Wallets Wallet of Satoshiįor the easiest experience with a Lightning Network wallet, you can download the Wallet of Satoshi. If you want a detailed explanation of the Lightning Network watch this video:Ģ. All of the other transactions are done off-chain between the two users who opened the payment channel. When using the Lightning Network, you only see two transactions on the Bitcoin blockchain – one to open the channel and one to close the channel (i.e. It works by opening a payment channel on the main Bitcoin network and then “keeping tabs” with your counterparty until you want to close the channel. The Lightning Network is a second layer on top of the Bitcoin network that allows for instant, feeless payments. If you want a more detailed review of Lightning Network wallets keep on reading, here’s what I’ll cover: That’s Lightning Network Wallets in a nutshell.
Many of these wallets are still in public testing stages, so never deposit too much funds into them.
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