Is this wallet app safe to use? Of course! 🧵
Cypher Box is just BlueWallet with a funky interface + a Lightning Network custodian 😎
Don’t trust, verify 🔎
⚡️ Lightning Checking Account funds are not controlled by you but by an L2 custodian service provider so you should press 'Withdraw' if you feel your balance is large enough to cause intolerable counter-party risk.
🔥The Hot Vault uses conventional #Bitcoin libraries to generate your keys but you can never trust an internet-connected phone for large amount but it is a good environment for medium-term storage, liquidation, and capsule consolidation.
❄️ The Cold Vault is the safest storage environment and doesn’t require you to trust the app, funds cannot be sent anywhere without an authorization from your hardware wallet device. Perfect for long term air-gapped storage.