BlueWallet rugging custodial users.

https://bluewallet.io/sunsetting-lndhub/

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Discussion

I believe they saw the volumes and got greeeeeedy

How does this benefit them?

Their next move will show, we shall wait and see

If they make further attempts to support non custodial solutions then it’s progress imo. But yeah let’s wait and see

Also #[5] ⚡️🫡🤝

🤩⚡️🙏

They will hardly be contributing for the foss hub going forward or going to come with something that they can license under different license. Hard to tell but they ain’t winning at the moment, #[5] is smashing it and don’t even support nip57 👀

They’re smashing it but custodial solutions in general should be phased out eventually.

Hope so too

How do we get custodial lightning nodes (say Umbrel) to be Nip57 enabled?

Create a bounty and wait for a dev kind enough to implement it

They are going full custodial but we will see. Prob waiting for people to sleep so they can cash out lol Anything is possible.

I had the impression they’re doing the opposite going towards non-custodial. Let’s wait and see how this turns out. Could be really good or fucked up…

BW custodial Lightning got a lot of plebs started. I’m grateful for their service over the years. Let’s thank them for it and alert others to move their sats out.

Lndhub will persist. I use BlueWallet since the beginning but with my node connected and localDNS over vpn.

Is like clearnet but with „don’t trust verify“

Joy. BW hasn’t worked for me in 2 years. Got $8 stuck in there.

Their custodial node has always been garbage. That’s why they’re shutting it down. What they should be offering is a migration service.

⚡️🤙

They are. Users should move their funds by April 30th into another custodial wallet or their own node. I don't think that's an unfair timeline.

Maybe I can help you. Sending a DM.