Thank you very much, this is very interesting and important information! I appreciate it ❤️🙏
AFAIK Blockstream offers its own LN implementation called CLN, which allows you to connect your own LN node and use it in conjunction with Jade and Green app. It’s 100% self-custody service, meaning you need some background knowledge to set it up. In contrast, BitBox collaborates with Breez to provide a noncustodial LN wallet within their app for micropayments, which doesn’t need much skill to set it up (available only for Android phones though).
But Jade is cool in a different way because they offer L-BTC as intermediate storage for high-fee periods. That means, you stack sats as usual via Lightning (e.g. Robosats), accumulate this corn and then swap into L-BTC on your Jade. Once you have accumulated enough L-BTC, you swap it into normal Mainchain Bitcoin in your cold storage (also Jade, but a different sub-wallet). I really recommend watching the tutorial by nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 about Jade.
Discussion
No replies yet.