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I had Sats I forgot on a Lightning Network Wallet I wanted to try. That wallet doesn’t use BIP39 and I didn’t do the backup right. Updated phone, bitcoin lost. I can’t recommend non BIP39 wallets, recipe for disaster.

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There are still wallets that haven't assimilated to BIP39 protocol?

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Lightning wallets can use a seed phrase for on-chain funds but they need an alternate approach for money tied up in channels. lnd has support for Static Channel Backups (SCBs) where you can back up channel.backup and use that to sweep all your funds to your on-chain wallet.

12:04 PM · Jan 11, 2022Twitter Web App

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DETERMINISTIC OPTIMISM

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Is there a standard for those backups yet?

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I think Static Channel Backups (SCBs) are entirely specific to lnd but most Lightning wallets are using lnd so they should be supporting it. User friendly ones should be getting you to back those up and actively discouraging you from backing up the database as a whole instead.

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