Following on Main Stage at nostr:npub1dwah6u025f2yy9dgwlsndntlfy85vf0t2eze5rdg2mxg99k4mucqxz7c52 Lightning++ Edition: nostr:npub19kv88vjm7tw6v9qksn2y6h4hdt6e79nh3zjcud36k9n3lmlwsleqwte2qd of nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 with "Graduated Wallets".
Discussion
Graduated wallets: "A custodial (or trusted) to self-custodial wallet progression"
Economic self-custody is not free and onboarding UX is not the best possible, as of today. Graduated wallets can help closing this UX gap.
Progression:
- Mortal: custodial onboarding, no channel management. As balance grows, user is prompted to upgrade.
- God: Real LN self-custody wallet.
- Olympian: Self-sovereign node runner, managing his own channel.
Mortal level leverages Cashu, which brings good privacy but it's custodial.
Cashu was chosen specifically for its privacy properties, there is a good mint ecosystem and great functionalities.
What's next?
- New onboarding
- Mint discovery based on Nostr contacts
- Multi-mint send and Cashu LN address
- Take into account on-chain rates
- UX/UI improvements