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Lightning Network Wallet Classification

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Written by UKey Wallet

The Bitcoin Lightning Network provides users with near-instant transaction processing speeds and extremely low transaction fees, making micropayments possible. With the Bitcoin Taproot upgrade and the launch of the Taproot Assets protocol, on-chain asset issuance, management and more application scenarios are becoming feasible.

At the same time, the secure storage and management of crypto assets has always been the focus of UKey.

Hosted wallet

  • Register an account using your email address

  • private key is held by wallet service providers, and the assets are subject to centralization risks.

  • Managing multiple accounts can be cumbersome

Non-custodial wallet

  • Does not rely on centralized services such as email, the account is generated by the wallet seed phrase

  • Users manage private key by themselves to help improve asset security

  • It is more convenient to create and manage multiple accounts without having to register your email address repeatedly.

Features of UKey Lightning Network Wallet

  • Generate Lightning Network accounts based on seed phrase and support the creation of multiple accounts

  • Provide cross-platform experiences such as desktop, mobile and browser plugin to facilitate users to use stably in different scenarios

  • Support Nostr assets

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