Damus
EG ⚡ · 139w
These days there are some great self-custodial Bitcoin Lightning wallets to choose from. Some even integrate an LSP so you don't have to manage your own channel liquidity. Here is a simplified overvi...
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“ For example, funding your wallet will allow you to send, but if you are receiving lightning payments you will require inbound liquidity.” This is something never clicked with me. Yesterday I decided to make the leap of faith and go for the Mutiny thinking to myself when I’m actually using it, I will understand how it works. Nope. Still no clue and lots of sats lost with channel fees and stuff 🤦🏻
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EG ⚡ · 138w
I feel your frustration there. This is not well explained by any of the wallets yet, either in documentation or through the user journey on the apps (in my opinion) Conceptually, the beads on the abacus metaphor was most helpful for me initially. When you open a channel (i.e. fund your wallet), a...