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5 votes
Accepted

How to move sats from a lightning wallet back to BTC wallet?

I had many of the same questions when I first started using the lightning network and BlueWallet. To move funds back to an "on-chain" BTC wallet you can use the exchange function. Open your ...
PanPan7100's user avatar
5 votes
Accepted

How do custodial lightning wallets work?

I am sorry to say but your understanding is wrong. When you send x btc to Bluewallet you don't open a channel. You just give them your Bitcoin. Bluewallet and other custodial wallets run one (or ...
Rene Pickhardt's user avatar
5 votes

Checking balance on a block explorer

I don't know Bluewallet, but maybe this can help you, maybe not. Maybe that depends on the mix of on-chain vs lightning network transactions you have been using. I copy my public key (using the "...
Mercedes's user avatar
  • 804
5 votes

Need help moving funds from legacy address, Coldcard won't sign psbt

It sounds like you imported only the xpub without the information that identifies where the xpub came from. This information, known as origin information, contains the fingerprint of the master key ...
Ava Chow's user avatar
  • 70.8k
4 votes

Why does each Bitcoin wallet application generate the same new receive address?

Many wallets are HD wallets. This means that keys are created using a process that is both hierarchical and deterministic. Hence H.D. Therefore address generation is deterministic. Meaning that the ...
RedGrittyBrick's user avatar
3 votes
Accepted

Advanced options of a Bitcoin wallet in bluewallet

The main trade-offs among the three Bitcoin wallet options available in BlueWallet App are related to transaction fees, compatibility, error detection, and privacy. If you prioritize having the lowest ...
deyw's user avatar
  • 550
3 votes

Is multisig wallet simply a combination of many singlesig wallets?

There seems to be some variation in the question on wallet vs address. In any event a multisig address is simply a script created by m-of-n public keys (not addresses or wallets). When you build a raw ...
m1xolyd1an's user avatar
  • 5,656
3 votes
Accepted

Migrate Wasabi Wallet to BlueWallet

Is this even possible? Yes. In General You can move wallet contents from almost any Bitcoin wallet software to any other Bitcoin wallet software that supports the same standards. For example, if the ...
RedGrittyBrick's user avatar
2 votes

How to move sats from a lightning wallet back to BTC wallet?

I can't find anything to send sats to , as a test. Why did I just put funds in a lightning wallet I cannot use? The lightning network is a young technology, but nonetheless there are plenty places ...
chytrik's user avatar
  • 18.3k
1 vote

How to estimate how long a transaction will take?

Your transaction is currently about 77 blocks from the top of the mempool. Given that the Runes protocol will become active at the halving height, and that may cause a significant increase in ...
Murch's user avatar
  • 75.7k
1 vote

Why does each Bitcoin wallet application generate the same new receive address?

New receive addresses in Bitcoin wallets like Sparrow, Ledger Live, BlueWallet, and Nunchuk are not randomly generated. They are derived deterministically from the wallet's seed using a specific ...
jonny's user avatar
  • 11
1 vote

Create electrum server with bitcoin core

You need to install an Electrum server from outside of the Bitcoin Core software, there are various options: Electrum Personal Server, electrs, ElectrumX. Alternatively you may be interested in ...
Michael Folkson's user avatar
1 vote

Use Bip 39 mnemonic words to restore Samourai wallet to another wallet

I believe this should work so long as both wallets implement BIP-39, BIP-32 etc and so long as both wallets use the same derivation path.
RedGrittyBrick's user avatar
1 vote

Is multisig wallet simply a combination of many singlesig wallets?

My pre-understanding is that multisig wallet is simply a combination of many singlesig address. Is my understanding multisig correct? Not exactly. If we think of addresses as a locks a single-sig ...
Coding Enthusiast's user avatar
1 vote

How to move sats from a lightning wallet back to BTC wallet?

I had the same question. My lightning wallet would not accept an address from my on-chain wallet. Apparently, what you need to do is use a service that does atomic swaps. I was able to use: https://...
Brian Davis's user avatar
1 vote

How to move sats from a lightning wallet back to BTC wallet?

You can do this in a variety of ways as others have mentioned - and one service I've used is coinos.io where you can send Layer-1 (onchain) bitcoin or Layer-2 bitcoin (Lightning), and then withdraw ...
WizardofAus's user avatar

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