Breez Wallet: The Interface of the Lightning Economy
A Glimpse into Breez's Offerings
With the Breez mobile app, sending and receiving bitcoin payments is simple and accessible.
Non-custodial Lightning
Breez ensures you have a Lightning node right in your pocket, giving you complete control over your funds.
Podcasting 2.0 Player
Breez is not just about payments. With its Podcasting 2.0 Player, you can stream ideas while also streaming sats, supporting content creators in real-time.
Point-of-Sale
Merchants can now accept Lightning payments without any KYC hassles, making business transactions smoother and faster.
Lightning Service Provider
Breez provides both liquidity and network connectivity, ensuring seamless transactions every time.
A deeper look at Breez
Design and User Experience
Breez boasts a user-friendly design optimized for the Lightning network. Whether you're a merchant, a podcaster, or just someone looking to transact in Bitcoin, Breez has got you covered. With intuitive options to send, receive, and even buy Bitcoin, the wallet ensures a seamless experience for its users.
Storage and Security
Unlike an on-chain wallet, Breez requires continuous backups of the user's current channel states, which necessitates cloud storage (e.g. Google Drive, iCloud, Nextcloud, or any WebDav server) rather than a simple seed phrase to backup/restore. In Breez, an encrypted backup is triggered automatically after whenever a BTC address is generated or a Lightning payment event occurs.
Merchant-Friendly Features
Breez is not just for individual users. Merchants can benefit from its Point of Sale feature, which simplifies the process of selling products using the Lightning network. Prices can be displayed in any currency, ensuring that merchants receive the exact amount they expect.
Fees Structure
Breez, as a Lightning Service Provider, has a transparent fee structure. Users pay routing fees, setup fees for channel creation, and a small percentage when streaming sats to podcasters. These fees are minimal, ensuring that users get the most out of their transactions.
User Support
Breez prides itself on its responsive support. Whether you're a newbie trying to understand the intricacies of the wallet or facing a technical glitch, the Breez team is always ready to assist. Their quick response time, especially on platforms like Telegram, sets them apart from many other wallets in the market.
FAQs
What is a lightning channel?
The Bitcoin lightning network consists of numerous payment channels between nodes. These channels facilitate the transfer of funds between nodes, acting as connections that are loaded with BTC. This structure allows multiple transactions before settling the final balance on the Bitcoin blockchain.
How do I restore from backup?
You can restore from backup inside the Breez app. You'll see a Restore from Backup link under the Let's Breez button on the opening screen.
Can I switch from Android to iOS and vice versa?
Yes, by storing your backup in Google Drive or on a remove server that is supported on both platforms. To switch cloud provider, use the Store Backup Data in setting on the Preferences > Security & Backup screen.
Breez says my key is wrong. What can I do?
If Breez says you're entering an incorrect key, then the key you are entering does not match what is saved in the software. Unfortunately, there are few means to recover a key that was recorded inaccurately. Please ensure that you've entered the words in the right order and that all the words are spelled correctly. More than once, the obstacle has turned out to be a small error in entering the words, even a single letter.
