BlueWallet To Sunset Custodial Lightning Wallet Service
According to a blog by the mobile Bitcoin app firm, on-chain Bitcoin wallets as well as self-custody Lightning accounts will not be affected. You can withdraw your sats but you will not be able to create new or refill existing Lightning wallets via the LndHub node. “The post proceeds by asking that users immediately remove funds from their BlueWallet custodial Lightning accounts. This change will not affect regular BlueWallet Bitcoin wallets or self-custody Lightning accounts, which connect to their Lndhub. The blog explains that Lndhub was created as a weekend experiment with a fringe technology called the Lightning Network. Lndhub is now a mainstream service offering scalable solutions. Lndhub users will still be able access it as a software and self hosted solution. They can connect to their LndHub using BlueWallet or any other software that supports LndHub API specifications. This basically means that BlueWallet will no longer support self-custody options. This is good news for BlueWallet and bitcoin users.