173 sats \ 4 replies \ @djs_btc 28 Nov 2022 \ on: Fun Fact: Lightning Network Wallet Muun does not use LN bitcoin
/r/btc is a bcash cesspool that peddles incredibly misleading narratives. Reader beware
They're right about this one. Muun is being incredibly misleading. It's an on-chain wallet with a built-in mechanism to pay someone else to do a Lightning transaction for you.
It's a clever mechanism sure. But it's still just an on-chain transaction and calling Muun a "Lightning wallet" is dishonest.
Dishonesty by us gives ammo to scammers...
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It allows users to interact with the Lightning network and maintain custody. It’s effectively a lightning wallet for most people.
And their 2of2 setup is a great way to convince normies to self custody when they’re scared of losing their keys.
Don’t think they’ve been dishonest anywhere? And scammers can go fuck themselves - they shouldn’t have to over complicate their marketing because Udi is going to make a snarky tweet
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Never use Muun. There are actual LN wallets made by honest people.
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Yes, however, Muun is an on-chain wallet.
The comments are nutso tho.
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