BlueWallet stopped lightning node connection to Lndhub.io according to official statement. BlueWallet will stop custodial Lightning operations – meaning that BlueWallet users of the Bitcoin (BTC) Lightning Network will need to connect to a node to continue using BlueWallet’s lightning service.
What does BlueWallet setting LndHub mean to you?
– If you use BlueWallet for on-chain bitcoin: ✅ none
– If you use other LndHub services (such as LightningTipBot, LNbits, Alby): ✅ none
– If you use a Lightning account hosted by them: ⚡️ Move your sats outRead it
— street ⚡️ (@callebtc) February 23, 2023
Calle, the Lightning Developer who tweeted about the change, told Cointelegraph:
“The most important thing is that people don’t panic and suddenly noobs come out with on-chain funds or the wrong lightning balance.”
The Lightning Network is a layer-2 payment solution built on Bitcoin. LN is used to send small amounts of Bitcoin around, called Satoshis or Sats, often using a lightning wallet.
Blue Wallet is a popular LN wallet that has more than 42 BTC ($1 million) liquid and the largest channel has a capacity of 4 BTC ($95,000) according to data from Amboss. BlueWallet is a popular, often flash wallet recommended by Bitcoiners are notorious.
Calle continued; “It is important to know that lndhub is a protocol that helps you connect your wallet to your account. The wallet (in this case) is BlueWallet but other wallets also support LndHub (such as Alby or Zeus).
“The account was disabled, not by LndHub or Bluewallet itself. The account here is managed by the BlueWallet team and they don’t want to do this anymore.
While users can still cancel sats, creating new Lightning wallets or reloading on LndHub nodes will no longer be possible. BlueWallet states publicly that users connected to BlueWallet Lightning nodes, should be moved as soon as possible.
The service will be closed on April 30, so it is very important that BlueWallet users transfer their sats to another service or wallet of their choice. However, regular Bitcoin wallets are not affected by this change.
Related: Bitcoin Lightning Network organic growth, coming from real world adoption
While some may see the change as a thorn in the side of LN adoption, it is important to note that BlueWallet will “only support self-sustaining solutions,” according to the website. These changes seek to promote decentralized solutions and self-custody.
Disclaimer: Cointelegraph reached out to BlueWallet for comment. BlueWallet said it reviewed the blog post on BlueWallet’s website.