It is an on-chain wallet that does LN swaps which is different from being an LN wallet.
I think its important not to abstract what these things are and instead be very clear, verbose, and upfront on what these things are so that users aren't surprised or find some downfall with a certain way of doing things as being representative of the entire technology. For example, thinking that on-chain fees are actually LN fees.
If you accept risk/the downsides of the model you're using that's one thing and perfectly fine. The issue I'm taking is calling it a lightning wallet. Its a wallet, but its not a lightning wallet.
If you understand what you're using and you accept what you're using, you are empowered, if instead you're using something without understanding what it is, without being able to accept the risks/downsides without knowing that the thing you're using is not what it claims to be, then you are not empowered, you've been scammed.
I feel that muun has scammed people by claiming to be a lightning wallet, rather than being honest enough to empower users to fully understand what they are interfacing with.
Muun doesn't claim to be a lightning wallet? Who are these people who claimed it on their behalf then? What the heck happened in between? How did we fuck up our messaging, our explaination to newbies about what muun is so badly that we now have users who are jaded about the "failed lightning network" and Bitcoin because "lightning doesn't work, the fees are just as bad as using on-chain"?
No. Wallet of Satoshi is an account. There is the argument that its okay to use an account for such small amounts of money and if you're accepting that risk then very well, you are empowered.
Wallet of satoshi claim to be a bitcoin lightning wallet right on the first message of their website.
Muun claims to be a self custody wallet for bitcoin and lightning.
I'm not sure where you are getting the information. but just reading each website, you should figure out who is the scammer.
Just saying...
my personal opinion, I don't think WoS or Muun are scammers, but I prefer a self custody over an "account".
Part of the issue with Muun for me, other than the wording of their documentation, is that it may work “fine” right now (though fees can eat away a chunk of your transaction) anytime the network gets busy, those fees will increase and take even more out of what is expected to be a lightning transaction.
I just sent 1000 sats from Muun to OBW and fee was 2 sats. Then I sent 1000 sats back from OBW to Muun and the fee was 4 sats.
I also sent from Muun onchain to BTC address and the fee was 252 sats (I set 1 sat/vB).
I'm not saying that in some conditions Muun doesn't set high fees, but as a point of reference, I have never experienced high fees over any of my ~50 transactions in Muun.
The arguments about Muun having high fees just don't match my experience at all.
Muun had consistently the lowest fees for me. Today I did two transactions with fee 2 sats.
There are tons of options out there. Phoenix, Breez, OBW, and Blixt Wallet.
Blixt Wallet is probably my favorite one since it gives you the full power of an LND node on your phone. Phoenix is a little easier for noobs since it manages channels for you.
The only good thing to use Muun for are for when you actually need to make a submarine swap, but keep in mind it’s expensive sometimes for that.