How custodial is this? Can you rug her?
nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm entirely changed the game for being able to easily serve as an Uncle Jim for your family and close friends with Alby Hub.
In just a couple minutes, I set my daughter up with a lightning wallet hosted on my own node, with a lightning address provided by Alby, connected to nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 so she has access through a mobile app, and NWC connection to #Amethyst for zapping.
No need to set up reverse proxies... No need to deal with trying to connect via Tor on Zeus... No need to buy a domain and figure out how to get a lightning address up and running... It just works.
Discussion
This would be custodial for anyone I set up a wallet for. I absolutely could rug my daughter.
The idea here is to keep custody close to home, where you personally know the person who could rug you, and have more social consequences if they do.
More than that, being an Uncle Jim allows you to personally teach those you are hosting wallets for, so they can one day "graduate" to a self-custody solution. I would not recommend someone who is already well versed in self-custody lightning to find a friend running Alby Hub who can host a wallet for him.
So it’s the fedimint / ecash model on Lightning?
Not using ecash. In my opinion, single custodian ecash has all of the downsides of custodial lightning paired with some downsides of self-custody on-chain. Federated ecash is a better model for that.
This is straight up Wallet of Satoshi style custodial lightning. 100% IOU. The difference is, YOU are the custodian for your family.