Why Nostr? What is Njump?
2024-05-24 04:07:24
in reply to

owl flight on Nostr: Actual newbie here. For what it's worth, the only lightning wallet I've ever set up ...

Actual newbie here. For what it's worth, the only lightning wallet I've ever set up is Wallet of Satoshi. Everything else seemed too troublesome / confusing. I then funded the wallet with a small amount but have not so far found a business where I could use it (I know there are various online options but they don't generally have stuff that I need enough). I may connect it to nostr and try zapping - I'll have to read up on how to do that.

What makes it a little difficult to get totally excited about lightning is that I still don't really understand how it works. What I find attractive about bitcoin is the ability to hold currency in a non-custodial wallet. So with lightning, I would also want a non-custodial wallet. But I don't really get how such a wallet (or really any lightning wallet) interacts with the lightning network and the chain. For example, there is supposed to be an opening and later closing of a payment channel, but I'm not really seeing that in, say, Wallet of Satoshi. If I were to buy a cup of coffee, when and with whom is the channel opened, or is it already open? When is the channel closed? When does an on-chain transaction occur? It's all a bit obscure. That's not to say that I won't use lightning, it just dampens the enthusiasm.

Author Public Key
npub1p86dmcjxgucuuzdkh5vvu2kgffv7w686gszuv2ry34vdk7dkd8js5lt8dm