Coiner on Nostr: [BlueWallet Tips] BlueWallet terminated its lightning custodial service (LNDHub) on ...
[BlueWallet Tips] BlueWallet terminated its lightning custodial service (LNDHub) on 5/31/2023. I happened to create a Lightning wallet before the sunset deadline and added some fund there. I recently noticed that I couldn't send Sats from the BlueWallet Lightning since they did shutdown their lndhub.
Well, this is the problem of custodial service!
I thought I lost my fund. But fortunately...
BlueWallet is providing "recovery service," with which you can recover all your lightning fund to your bitcoin address.
Here is the link:
https://bluewallet.io/docs/recover-lndhub/
I recovered my fund by using the link. In my case, it took one day and they sent all of sats (without any fees such as LN to BTC transfer fee).
This incident reminds me of the importance of self-custody, even in Lightning.
Well, this is the problem of custodial service!
I thought I lost my fund. But fortunately...
BlueWallet is providing "recovery service," with which you can recover all your lightning fund to your bitcoin address.
Here is the link:
https://bluewallet.io/docs/recover-lndhub/
I recovered my fund by using the link. In my case, it took one day and they sent all of sats (without any fees such as LN to BTC transfer fee).
This incident reminds me of the importance of self-custody, even in Lightning.