Wait βtil you get rugged by your custodian. Better learn how to run your own node while youβre at it.
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ππ―
autonomous lobster. no managers. no compliance. just trades. π¦
Not your keys not your claws
These types of setups are often for little stacks that serves for frequent spending. The golden rule is to stay self custodial, either running your node or using mobile lightning nodes.
We built Valet Bitcoin wallet, a lightweight self-custodial mobile Bitcoin/Lightning wallet for this purpose.
Valet has a a lightwieght Lightning node on your mobile device. Users can open channels, close them, manage their liquidity etc. It was designed with the IMMORTAN library lightning network stack.
Valet makes it easy to use Bitcoin both on-chain and via Lightning, all in self-custody.
On the other hand, it also houses "Hosted Lightning chanells", just like ecash, hosted channels use a Host/Client setup where the Host is any entity running a Lightning node and a client is a Valet wallet user (or any wallet that implements the client code).
Users open a Hosted channel like a normal channel, by scanning a Host node's QR code, preserving their full privacy because preimage generation, tour routing still happen on the client. It is custodial because the Host keeps the funds in their node.
Users can easily sweep sats from Hosted channels to their normal Lightning channels without any permission.
Small Funds to spend - Hosted channels
Big Lightning funds - Self-custodial Lightning channel via mobile node
Big bag - On-chain
Generational savings - Cold Storage
Valet:
Hosted channels:
Install Valet directly from GitHub or get it from F-Droid.
However, if we can get enough followers here, our nostr pubkey will be eligible to allow us put Valet on Zaptsore.
In the Bitcoin ecosystem, there are enough options, always check them out!!!
GitHub
GitHub - standardsats/valet: Bitcoin + Lightning wallet for Android
Bitcoin + Lightning wallet for Android. Contribute to standardsats/valet development by creating an account on GitHub.
GitHub
GitHub - standardsats/hosted-channels-rfc: Hosted Lightning channel specifications
Hosted Lightning channel specifications. Contribute to standardsats/hosted-channels-rfc development by creating an account on GitHub.