How To Use Bitcoin Lightning Network on Moblile – BlueWallet
THIS VIDEO IS MY FULL HONEST REACTION AT THE TIME OF FILMING. THE BLUE WALLET DEVS HAVE BEEN VERY POLITE AND WONDERFUL TO SPEAK WITH WHILE I NAVIGATED THESE ISSUES POST-FILMING. I EXPECT TO HAVE FURTHER DISCUSSIONS REGARDING THE SECURITY TRADEOFFS OF CUSTODIAL LN WALLETS IN COMING VIDEOS. Book your OWN session with me at: http://btcsessions.ca/ Grab some BTC Sessions merch: http://bit.ly/2sjcCXu Today I take a look at how to use the Bitcoin lightning network on iOS and android via an app called Blue Wallet. The lightning network had a release date of March 15 2018, and since then we’ve seen a lot of development both custodial and non-custodial solutions for end users. This tutorial for Blue Wallet focuses on a slightly more centralized solution that comes across as a bit of a hybrid wallet. This is in contrast to sovereign solutions like the Casahodl or Nodl full node options, and the Wallet of Satoshi which is a fully custodial option with no off-ramp. As the technology and market matures, we’re sure to see many solutions put forth for consumers to utilize lightning on BTC. Regarding my issues with Blue Wallet: A couple weeks before creating this video I encountered a bug that allowed me to withdraw the same funds twice because of a delay in the broadcast of the first transaction. This was unintentional and ended up resulting in me withdrawing an additional $40 more than I had in the wallet. After asking around, I disclosed it on their github. When filming and coming across a similar issue, I made sure to again disclose on github before posting this video. The team was quick in their response and has already patched both issues. Blue Wallet Website: https://bluewallet.io/ Blue Wallet Medium Post (more details on tradeoffs, etc) http://bit.ly/2ED6yjX Casa Lightning Node Video: https://www.youtube.com/watch?v=vGyM0yrjr08 Samourai Wallet Video: https://www.youtube.com/watch?v=zszDY8S8_Ls Wallet of Satoshi Video: https://www.youtube.com/watch?v=7JTxwhe6Pnk If you value my work and would like to send me a tip, they are always appreciated! BITCOIN 3NZjB2Fkz6FzHtqDsxJEdWVeeFQfSttK9X LIGHTNING lnbc1pwr8whppp5dj72rpekxzuw5u4898exvjypgzfzf28h67ny0dxjr9jh6g9j6qcsdqu2askcmr9wssx7e3q2dshgmmndp5scqzysxqrrss25ssxus52hvr9fnwsjtvgk376euns37pgnqhu2ss0gegtesmhl2jn2xer0hm4ngqry8s04qtdfpqtsyf3vjr0rs4ahgs7lpxj6u2xycqt7z9zw PAYNYM +polishedband886
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There are so many benefits to using a cryptocurrency, that it would seem foolish to neglect such an invention. For example, it allows you to send money anywhere in the world in an instant, with basically no fees involved. Everyone can be included in the financial system, it will change the way we interact with money, it can prevent fraud, and much more.
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