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RE: How To Buy My Drum & Bass Music With HIVE or HBD via V4Vapp

in #music3 years ago

V4V.app is specifically for sending Hive/HBD and getting sats in a Wallet!

If you want to experiment on the desktop try using Alby: https://getalby.com/ as a browser plugin that lets you hold a few sats in a custodial wallet.

On mobile, Wallet of Satoshi is a really simple custodial solution.

The non-custodial solutions for sats are all a bit more complex and problematic for small sums and infrequent use.

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I've used Muun wallet with the V4Vapp and not had a problem with it. Wallet of Satoshi works fine as well and even exchanges like CoinCorner that have lightning deposits/withdrawals can be used without an issue so far. It's only the 0 sat invoices that cause a problem I think...?

Muun (and Breez) both work but behind the scenes these two apps (I dislike the term wallet) are doing some very special stuff in order to make them largely non-custodial.

Whilst this is a great aim, I think it's largely overkill for $50 worth of sats moving in and out. There's no getting around the fact that running a ⚡️Lightning Node is a bit of a maintenance mess behind the scenes in terms of keeping liquidity and sats in the right places.

I have a direct channel to Wallet of Satoshi and Alby and this means that fees moving in and out of both their custodial solutions are zero or nearly zero.

Thanks for all the info Brian :-)

Yeah Alby is a good tipping app for sats as well, got that set up on our websites. I do have Wallet of Satoshi too so might start using that a bit more. I like that it allows LNURL, Muun doesn't offer that yet but I guess that's part of the complication of being a non-custodial lightning wallet.

I think WoS is a 0.15% fee if I remember from my calculations of using it last month which is next to nothing to send but I don't have a direct channel to it

Thanks for all the info Nicky :-)