BlueWallet is disconnecting Lndhub.io, the Lightning Network node on the Bitcoin network, according to an official statement.
What does BlueWallet sunsetting LndHub mean for you?
– If you use BlueWallet for on-chain bitcoin: nothing
– If you use other LndHub services (like LightningTipBot, LNbits, Alby):nothing
– If you use the Lightning account hosted by them:Move your sats out
Read on
— calle
The Lightning Network is a layer 2 protocol on top of the Bitcoin protocol which is used to process cryptocurrencies. micropayments Between participating nodes to facilitate faster transactions, BlueWallet is one of the most popular Bitcoin Lightning-enabled wallets on the market.
followblog post BlueWallet reveals that although users can still withdraw their satoshis But creating a new wallet or adding it to an existing wallet on the LndHub node will not be possible. They must move their money before the service is completely shut down on April 30, 2023.
Blue Wallet is a popular Lightning Network wallet with more than 42 BTC liquidity.will be recommendedby Bitcoiners
Mycelium was the best at the time. I stopped keeping up with it when they did they ICO and now I don’t recommend anymore for various reasons. It’s good to redo your setup every few years any way to make sure your backup is good. I would go with Blue Wallet this time.
— FRΛNCIS
bullbitcoin.com (@francispouliot_) December 22, 2021
BlueWallet also stated that its self-hosted Lndhub solution will continue to work. And will continue to be supported by wallets for interested individuals and entities. Such individuals can connect to their LndHub from BlueWallet or any other program that supports the LndHub API specification.
Additionally, BlueWallet states that while this may sound like bad news, Rather, it is the platform’s way of supporting self-care solutions. Which is good for Bitcoiners.
The post BlueWallet BTC wallet disconnects from Lightning Network, urges customers to withdraw money as soon as possible appeared first on Bitcoin Addict.