1290 sats \ 0 replies \ @alexsharp 9 Mar 2023 \ on: Ask SN: what's your Lightning app persona and ideal lightning app wallet? bitcoin
I'd consider myself 2 but I don't think it has to be a matter of what's ideal but more a matter of the apps use case / amount of value that use case is regularly moving (what's valuable to one person is not to another, so hard to nail this). If I lose a few thousands sats on SN idc - would I store anything more than $100? Probably not.
I think custodial platforms could do more to educate and nudge users into the self-custodial direction though as it is ideal if you want to store decent sums in bitcoin and likely has some regulatory benefits if you don't want to be considered a custodian down the line.
An example of how this could be done is limits on how much sats can be stored on SN and educate users about using a self-custody app instead when they get close to or hit that limit (would be great if you could tip on SN using a self-custodial app like Breez too!). You could also have a cap on tip amounts, say higher than $50, to receive a tip the receiver can only receive this with a self-custody app connected to SN. This is a bit of a happy medium between 2 and 3 and could keep SN in the lower bounds of custodianship which could have some regulatory benefits (I'm no lawyer though).
18 sats \ 0 replies \ @alexsharp 1 Dec 2022 \ parent \ on: Casa to soon offer ETH support 🤔 bitcoin
Use un-memorable passphrase and store elsewhere, pseudo-multisig without extra costs / signing friction
Need P2P apps like Keet asap https://keet.io/
291 sats \ 0 replies \ @alexsharp 15 Sep 2022 \ parent \ on: I'm Steve Lee, lead of Spiral. AMA. bitcoin
Listing grant amounts could be one option. Few people here seem unclear about that and may prevent them from applying.
301 sats \ 0 replies \ @alexsharp 15 Sep 2022 \ parent \ on: I'm Steve Lee, lead of Spiral. AMA. bitcoin
https://qala.dev is another
Here is a link to the specs development: https://balls.dev/
TL;DR: Headless signers allow users to get the UX benefits of collaborative custody whilst maintaining better privacy, security, and interoperability.
GENESIS