Lightning is an open source retail payment system built on top of Bitcoin. Its main purpose is to enable extremely fast and cheap payments, much faster and cheaper than regular Bitcoin transactions, while retaining the same level of security.
It is used for the kind of payments that you would expect when shopping; fast, cheap and reliable. It also allows for micro-payments: the sending of extremely small amounts of money, in the order of one ten-thousandth of a cent at a time.
Wallet of Satoshi is a mobile app for iOS and Android that lets you send and receive Lightning payments.
It is a zero-configuration custodial wallet with a focus on simplicity and the best possible user experience. It can be downloaded using the links at walletofsatoshi.com
Simply download and install the app and you are on the Lightning Network!
You are still early, but the list is growing all the time. You can:
Of Course! With Wallet of Satoshi you can pay a Lightning Invoice or send directly to an on-chain Bitcoin address.
When you scan a QR code (or paste it directly into your wallet), your WoS will automatically identify what type of payment it is and will create the correct transaction type for you instantly.
Yes, you can buy Bitcoin directly in the WoS app in over 160 countries! Just tap the green "Buy Bitcoin" button on the main screen and follow the prompts.
To ensure you can access your wallet in the event of a broken or lost phone, just be sure to sign into your WoS with your email address. This will allow you to recover your balance and payment history on a new device.