Blue Wallet doesn't seem interested to do it anymore.
My only guess is it wasn't profitable.This question is if indeed the reason behind the termination of Lightning node, Lndhub.io is because it is not profitable.
Topic: [Tutorial] BlueWallet - Bitcoin Wallet Discussion - page 5. (Read 2940 times)
One of the easiest to use mobile Bitcoin wallets is probably Blue Wallet. For most users, it was because of one of the LN features that attracted them to download the Blue Wallet app. If the Lightning node, Lndhub.io has been terminated, there is an impression that the Blue Wallet app is the same as other wallets and the Blue Wallet itself does not think if users who have been using Blue Wallet will switch to other wallets?
This question is if indeed the reason behind the termination of Lightning node, Lndhub.io is because it is not profitable.
Well "not profitable" in a strict sense might be part of the considerations, yet then think about the various bullshit angles in which there could be liability including overreaching governments fucking around with you because you are actually touching the funds of someone else.. even if you might be the most responsible in the world. .but they aren't the governments going to want to require you to jump through hoops.. starting with KYC/AML.. and maybe even other reporting hoops? sure, that's a cost that goes beyond finances, I would think.. there comes uncertainties.... and yeah it's a similar concept to profitability but potentially getting screwed with because you are holding funds (even if such holding might be structured in a way that it is temporary) seems problematic beyond the more strict conceptual category of "profitability."
Good point. So ideally, an anonymous (but well-trusted) entity should take over and provide custodial LN-payments on BlueWallet.Quote
I am glad to know that.. and I am currently weighing LN wallets that work on IOS mobile... so it seems that I am comparing Muun, Breez and Phoenix.. as the main potential competitors in that category of LN wallet.. .. and thanks to Cygan for providing the additional chart to describe some of differences... even though I likely need to consider the matter more. and maybe this could be an opportunity for me to try all three of them.. but I feel that I usually don't have that much time that I can (or want to) spend on studying wallet comparisons...
My "system" is to keep trying new wallets until I find something I like 
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I am holding too much on BlueWallet's lightning wallet (more than $1.70.. and even more than I would generally carry around with me in my physical wallet..
That's what I liked Phoenix Wallet for: once it's in your wallet, it's not custodial. But any LN wallet is still a hot wallet. 
Blue Wallet doesn't seem interested to do it anymore.
My only guess is it wasn't profitable.Well "not profitable" in a strict sense might be part of the considerations, yet then think about the various bullshit angles in which there could be liability including overreaching governments fucking around with you because you are actually touching the funds of someone else.. even if you might be the most responsible in the world. .but they aren't the governments going to want to require you to jump through hoops.. starting with KYC/AML.. and maybe even other reporting hoops? sure, that's a cost that goes beyond finances, I would think.. there comes uncertainties.... and yeah it's a similar concept to profitability but potentially getting screwed with because you are holding funds (even if such holding might be structured in a way that it is temporary) seems problematic beyond the more strict conceptual category of "profitability."
I am not sure anyone else will take their place, especially since you can host your own nodes using the same service.
I never tried, I always thought it's a lot of work. But it would for sure require opening my own channels, which is what I try to avoid (for small amounts).Personally, I am not even running a bitcoin node.. so I would think that personally, I would have to run a bitcoin node before getting into the category of a lightning network node.... Maybe there are people who skip running a bitcoin node or they learn both at once? I don't even know enough to speculate whether you have to run a bitcoin node in order to run a lightning node.. but anyhow, in my own head, I think that running a bitcoin node comes prior to running (or attempting to run) a lightning node, even though there may be some folks who add both to their bitcoin interaction practices at the same time..
If I needed a simple way to send small amounts of LN coins on a regular basis, I wouldn't mind using a custodial service for that.
That's why Phoenix Wallet is my favourite alternative: it's custodial while opening the channel, but after that it's all yours. They charge a 1% fee though while opening, with a 3000 sat minimum.I am glad to know that.. and I am currently weighing LN wallets that work on IOS mobile... so it seems that I am comparing Muun, Breez and Phoenix.. as the main potential competitors in that category of LN wallet.. .. and thanks to Cygan for providing the additional chart to describe some of differences... even though I likely need to consider the matter more. and maybe this could be an opportunity for me to try all three of them.. but I feel that I usually don't have that much time that I can (or want to) spend on studying wallet comparisons... or those similar topics of setting up and then making sure that I sufficiently understand the differences, including making sure that I am not doing too many "unknown things" at once.
Worst case scenario, I lose my $1.70 in BTC. Congratulations you criminal mastermind. You really messed me up by robbing me of my wealth.
I don't mind this either. People are often in favour of self custody, but we're talking about crummies here. Meanwhile, milllions of people keep their Bitcoin on exchanges, trust them for years, and once in a while they lose everything.I've come around to this view too.. in terms of considering Lightning network to be in a different category from how I consider mainchain funds.. in terms of how much might be held there at any one time (and maybe comparable to some funds that I might hold on some other "custodial" wallet.. even though yeah, LN wallet seems to be better than some other kinds of custodial funds (like some of the exchanges that might have quasi-hotwallets).. and then maybe questions about the convenience of something like cashapp.. but then the realization that there's KYC there.. or otherways that funds could end up getting frozen... Currently, I am holding too much on BlueWallet's lightning wallet (more than $1.70.. and even more than I would generally carry around with me in my physical wallet.. absent some urgent time-based transactional matter).. and so I am likely going to ween the amount that I have in the LN wallet down (Blue wallet might have forced this weening down due to their cutting of that service).. and I realize I am holding too much there for a few months now.. .
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There is one interesting chart from BitPay showing what are the most used LN wallets, Wallet of Satoshi, Muun and CashApp have much bigger share than Blue Wallet.
https://bitpay.com/blog/lightning-strikes/
in addition to your presentation, i found an interesting list that shows what is possible with the respective ln wallet and what notThere is one interesting chart from BitPay showing what are the most used LN wallets, Wallet of Satoshi, Muun and CashApp have much bigger share than Blue Wallet.
https://bitpay.com/blog/lightning-strikes/
Blue Wallet doesn't seem interested to do it anymore.
My only guess is it wasn't profitable.Quote
I am not sure anyone else will take their place, especially since you can host your own nodes using the same service.
I never tried, I always thought it's a lot of work. But it would for sure require opening my own channels, which is what I try to avoid (for small amounts).Quote
If I needed a simple way to send small amounts of LN coins on a regular basis, I wouldn't mind using a custodial service for that.
That's why Phoenix Wallet is my favourite alternative: it's custodial while opening the channel, but after that it's all yours. They charge a 1% fee though while opening, with a 3000 sat minimum.Quote
Worst case scenario, I lose my $1.70 in BTC. Congratulations you criminal mastermind. You really messed me up by robbing me of my wealth.
I don't mind this either. People are often in favour of self custody, but we're talking about crummies here. Meanwhile, milllions of people keep their Bitcoin on exchanges, trust them for years, and once in a while they lose everything. 
Does that mean someone else could setup a custodial wallet that works on BlueWallet again?
Blue Wallet doesn't seem interested to do it anymore. I am not sure anyone else will take their place, especially since you can host your own nodes using the same service. If I needed a simple way to send small amounts of LN coins on a regular basis, I wouldn't mind using a custodial service for that. Worst case scenario, I lose my $1.70 in BTC. Congratulations you criminal mastermind. You really messed me up by robbing me of my wealth. Now I'm down to only using Phoenix Wallet for LN transactions.
Have you tried any other wallets (except Blue Wallet)?Lightning Network Stores.com shows more options for custodial wallets:
Wallet of Satoshi
Lastbit
Buda.com
Bitpie (I've used this one in the past for Forkcoins, but didn't like it)
Tippin.me
Bottle Pay
Strike.me
Switching wallets doesn't go well with my level of distrust for new software. I try to install as little unknown software as possible, so I'll need to do it on my kid's tablet again
Now I'm down to only using Phoenix Wallet for LN transactions.
Have you tried any other wallets (except Blue Wallet)?that is really too bad. i have never used blue wallet until now - my favorite is still the zeus wallet
It's not that bad because Lightning in Blue Wallet was custodial with LndHub, and they are working on non-custodial lightning use, that will come back in future.Electrum desktop wallet can also be used for LN, but I don't think they have that option in mobile Electrum wallet.
There is one interesting chart from BitPay showing what are the most used LN wallets, Wallet of Satoshi, Muun and CashApp have much bigger share than Blue Wallet.
https://bitpay.com/blog/lightning-strikes/
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I still have 10k sats left in it, but don't have the device anymore and couldn't find the backup so they can keep it.
Now I'm down to only using Phoenix Wallet for LN transactions.
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that is really too bad. i have never used blue wallet until now - my favorite is still the zeus wallet I still have 10k sats left in it, but don't have the device anymore and couldn't find the backup so they can keep it.
Now I'm down to only using Phoenix Wallet for LN transactions.
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It's confirmed on BlueWallet.io:
the custodial service will shut down, but users can still host their own nodes and continue using the Blue Wallet with the LN.
Does that mean someone else could setup a custodial wallet that works on BlueWallet again? Because you may have enabled Encrypted and Password Protected in the security section of the mobile version of the BlueWallet App, thus making the security level stronger if one day the Android or Iphone is lost...
You should always password-protect and encrypt your wallets if given the choice or abandon clients that don't offer such services. But it isn't that important in this case because no coins can be stolen, with or without passwords and encryptions. Quote
Today, we are announcing that the Lightning node, Lndhub.io, where BlueWallet provides Lightning wallets to its users, is sunsetting.
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Today, we are announcing that the Lightning node, Lndhub.io, where BlueWallet provides Lightning wallets to its users, is sunsetting. While you can still withdraw your sats, creating new or refilling existing Lightning wallets on LndHub node will no longer be possible.
https://bitcoinmagazine.com/business/bluewallet-to-sunset-custodial-lightning-wallet-service
https://twitter.com/BitcoinNewsCom/status/1628832894385790978
with say electrum client you have electrum-server . so i prefer closed source coinomi
The best thing i like about blue wallet and started using it recently is the read only wallet, where I can watch my bitcoin balance in my wallet on my android phone
Being able to see the assets stored in the wallet easily with just a hand is a joy in itself.and feel safe even if my android phone is lost no one can get access to my coins.
Because you may have enabled Encrypted and Password Protected in the security section of the mobile version of the BlueWallet App, thus making the security level stronger if one day the Android or Iphone is lost, although we still keep the phrase in the safest place to be truly protected.I think enabling Encrypted and Password Protected in Blue Wallet is very necessary to do, including in other wallets.
Anyway, here's how to enable Encrypted and Password Protected on Android;
1. Open the Blue Wallet App and Click the three dots button on the top right corner to enter the settings menu,
2. Select Security,
3. Scroll the Encrypted and Password Protected button,
4. Enter the desired password.
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The best thing i like about blue wallet and started using it recently is the read only wallet, where I can watch my bitcoin balance in my wallet on my android phone and feel safe even if my android phone is lost no one can get access to my coins. Yeah, that's what a watch-only wallet is for. Your wallet doesn't have private keys or a seed imported into the software. Therefore, it can't sign and send transactions. But you can import specific addresses or the master public key (xpub) to monitor the balances of all the addresses in your wallet. And yeah, if someone steals your phone, they don't get the signing keys to your coins. However, you lose your privacy because they can see everything you have in that wallet and in which addresses. You can ask the same for mycelium or bluewallet, why haven't they released a better app for desktop? Why are they just better in mobile mode despite being so popular? Blue Wallet actually has a desktop app, but they don't highlight it enough on their website. They have big download buttons for their iOS and Android versions and a bit of text mentioning their desktop wallet. There is also a link to the desktop version at the bottom of the site. Their OS choice is also peculiar. No Linux, no Windows, and only macOS.I have never used the desktop version of the blue wallet but I have it installed on my mobile. Also for my desktop, I use electrum and I think that is the best combination, that is Electrum on desktop and Blue Wallet on mobile. The best thing i like about blue wallet and started using it recently is the read only wallet, where I can watch my bitcoin balance in my wallet on my android phone and feel safe even if my android phone is lost no one can get access to my coins. Considering that the discussion is over two years old and nothing has been developed yet, we could say that they "had" plans, and that's it. Apart from "some bot activities" in the past couple of years, you're right [it no longer seems to be part of their plans].~Snipped~ The history of revisions shows that all changes were done in June 2021. A lot of time has passed without anything happening on that front. - Luckily, there's still a workaround (e.g. an Android emulator like BlueStacks) for those who'd like to try it on Windows, but I'd only use it for insignificant amounts. Just checked and it seems that they have some plans for releasing a Windows app in the future, but the same can't be said for Linux. Considering that the discussion is over two years old and nothing has been developed yet, we could say that they "had" plans, and that's it.
Their OS choice is also peculiar. No Linux, no Windows, and only macOS. I agree... Just checked and it seems that they have some plans for releasing a Windows app in the future, but the same can't be said for Linux: Any plans for Windows and Linux desktop clients?
You can ask the same for mycelium or bluewallet, why haven't they released a better app for desktop? Why are they just better in mobile mode despite being so popular? Blue Wallet actually has a desktop app, but they don't highlight it enough on their website. They have big download buttons for their iOS and Android versions and a bit of text mentioning their desktop wallet. There is also a link to the desktop version at the bottom of the site. Their OS choice is also peculiar. No Linux, no Windows, and only macOS. Jump to:
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