r/bitcoin Apr 7, 04:56 PM
Wallet of Satoshi now lets you use a self-custodial wallet with seamless access to the Lightning Network, thanks to Spark the new high speed L2 solution! There is a lot to talk about, but if you want to read more: https://www.xverse.app/blog/what-is-spark-bitcoin-l2
quick TL;DR:
Spark is a Bitcoin L2 designed for fast, cheap, and self-custodial transactions, leveraging statechain tech and atomic swaps.
Spark supports the issuance and transfer of stablecoins and tokens on Bitcoin, enabling new financial use cases such as payments, trading, and earning stablecoin yield.
Spark provides a scalable ecosystem for wallets, developers, and businesses to build financial apps interoperable with Lightning Network and Taproot Assets.
Wallet of Satoshi now integrates Spark, letting you create a self-custodial wallet, secure your 12 word seed, and seamlessly send/receive BTC on the Lightning Network while staying fully in control of your funds.
hope many other lightning wallets such as Strike, Blink, Speed, Coinos implement Spark
Welcome to the new era of scalability of BTC!
Edit:
After using the WoS self custody option with Spark, I noticed that WoS shows all your history with your Spark Key to the public, meaning that you should create your wallet in another app that has the privacy option as default such as Cake Wallet and then import your wallet to WoS.
submitted by /u/FunWithSkooma
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