I think I knew about LifPay in the past, but can't recall the reason why I didn't use it. Rediscovering it recently, I was quite surprised. This Bitcoin Lighting Wallet is by far the most accessible and easiest one yet, with consideration of the values it brings to the table.
The timing of my rediscovery of it, which came after their latest update makes my experience and perception of it all the more positive. I'm a Nostr user and was delighted to see a "Login with Nostr" option. After I did so using my signer app (Amber), everything was done. I can start sending/receiving using my auto-created LN address, which I changed to a username of my preference.
After a bit of testing and ensuring everything is working correctly, I went ahead and swapped my LN address in my Nostr profile with this new (@)lifpay.me address, and everything there went smoothly tool.
Once that was done, I went ahead and added multiple accounts into the LifPay app, using the same Nostr login method, and again I customized my LN addresses for them and swapped the addresses in those Nostr profiles too. Everything is going extremely smoothly.
With all of that said, considering the title, I am almost reaching a point where I'm mostly using LifPay now, more so than Wallet of Satoshi. Multiple accounts, Nostr login, and changing my LN address right from the start, and yet to utilize their LN profile feature (seems like its similar to linktree but with LN in mind), as well as checking out the merchant features.
I am aware that it would've been great if this was non-custodial, but for now, in regards to this post at least, I'm focusing on a custodial solution and comparing the best out there under that same umbrella. LifPay and Wallet of Satoshi are both, from the looks of it, closed source. (Unless LifPay mentions otherwise, which is an issue I'll get to. The "mention" part, not the closed-source part).
They also have a fun "Red Gift" feature to play around with. You can also set up NFC cards with it to pay or have it as a redeemable (yet to test this), and something related to printing/sending consumable QR codes to extract sats from it.
One thing I've noticed though is the lack of information about this app/service, or company, or anything else. Yes, there's the website which has the basic information on what it is and what it offers, but not so much on the technical side, nor the team. There isn't even much news-buzz in the market (articles, videos, etc). It also seems like, which I might be rushing into it, barely any marketing, PR, community engagement, and so on (aside from when there's major events like Nostriga for example), where it seems like that's the most effect channel of communications to have with them at the moment to gather information or share thoughts/feedback, to reach them in-person at events.
I know they're most likely focusing on making an amazing product, and it definitely shows, but I do hope they'd start increasing their communication efforts more.
Speaking of them working on making LifPay amazing, I sure do hope that they'll:
  • Create a browser extension, with the ability to generate nostr addresses and sign events using said extension.
  • Add the ability to autopsy for LN subscriptions (and manage subscriptions), as well as of course to create subscription packages (template, considering their merchant dashboard) for merchances, to use on site and with API hookups to connect projects with.
If the first point gets developed, then I'll be switch from the Alby/KeysBand/nos2x extensions to the LifPay extension. If the second point gets developed, then I'd be implementing it into my project to handle subscription payments/autopayments.
All in all, I wanted to create this post because of how little information there is about LifPay and wanted to talk about it. I really like it, the UX is fantastic, and would like to hear other people's thoughts on it.
This doesn't look like free software. Is it?
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I mean it's custodial and closed source if that wasn't evidence enough.
I'd be even more concerned about rugpulls with the latest and greatest WoS. At least WoS has somewhat of a non-rug lindyness.
If I was seeking a custodial solution and could legally use one, I'd use Blink personally.
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Also is a red flag if you depend only of google play services to install it.
For me - no apk to install = no install, pass
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there is an apk download (click the Android option/box)
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LOL don't you see that is redirecting to google play store? Any app that is on google store is traced back to your IMEI.
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no? you wanted an apk, here's the apk link: https://lifpay.me/downloads/lifpay.apk
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Do you know where they are based?
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PROMINENTWISE LIMITED luminbtc@gmail.com Rm 03 24/F HO KING COML CTR 2-16 FA YUEN ST 旺角 Hong Kong +86 199 2665 2645
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They are using Gmail as their Enterprise Email. Very interesting fact. Thanks.
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100 sats \ 0 replies \ @0x7dc 8 Sep
The more interesting thing is the location is based in HongKong but the phone number is China Mainland
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42 sats \ 1 reply \ @k00b 7 Sep
You're the Sherlock Holmes of bitcoin!
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lol
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The market for custodial wallets is still pretty big so I guess having more than WOS or Blink is better than nothing, the way I see it these are just ways to show users what is possible with LN and then encourage them to dive deeper
I mean if they adding nostr thats a bonus and a unique selling point and these wallets could add support for ecash mints both single and federated to give their users another option without migrating
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Yup. I looked into Blink, and I guess its USP is that StableSats function (pretty cool, not gonna lie), though considering the advancements in Lightning, we'll be getting lightning stablecoins soon so most likely a lot of other apps, include LifPay, would potentially having a similar competing element of having stables in the wallet.
One thing I noticed tho when I attempted to test out Blink, their registration requires a phone number, so that's a bummer. Hopefully they'd also add Nostr login, or even just email registration at least.
Speaking of ecash, considering LifPay already has nostr login, its not that far off actually, as in nostr there's already integrations of ecash and people are using it to send each other to their addresses directly (basically, its almost a matter of just visually presenting the amount you already might have of ecash tokens that's residing within your nostr address, to showcase and use it in LifPay).
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Thanks for sharing! I'll stick with non-custodial, but it is always good to have more options!
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Nice review. Thanks.
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Is it thts much great
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