My daughter plays THUNDR GAMES and stacks up some SATS on WoS. They are then sent to a self-custody channel in Phoenix. When she has enough for a UXTO, apart from what we give her to save, they go to a Blue Wallet.
how do you track the amounts you set aside for them?
I'm guessing the simplest way, if the granularity of amounts you save for them is large enough relative to fees, would be to have one address per kid, and keep the addresses frozen so the wallet doesn't spend from them; then as they age into having their own wallets [or e.g. if they convince you to spend their sats for some request], you can drain all the UTXOs from that kid's address together, making the concerns about address reuse almost irrelevant.
I have goals for the eventually size of what I want to set aside for them. I'm pretty sure I'll get there eventually, at which point I'll probay just create an address for each of them and label it.
... however, I've noticed that Alby Hub[1] includes Sub-wallets[2] that seem like they could perfectly fit the case of parents or guardians supervising their dependents.
I have tons of gripes about them, however, they do seem to be doing a good job of implementing the "open source code of the freemium product; premium services offered by the company" business model ↩
Some folks might be more interested in the FAQ than the setup guide. ↩
Following. Every time I have tried to set up a dedicated wallet for our kid (8), they are required to be 18. I just want a custodial account that's in their name which I can manage. Is that too much to ask? -Tom
My daughter plays THUNDR GAMES and stacks up some SATS on WoS. They are then sent to a self-custody channel in Phoenix. When she has enough for a UXTO, apart from what we give her to save, they go to a Blue Wallet.
Ngl, I also played such games like Solitaire when i was starting out haha....
Phoenix for spending, Nunchuk for saving.
Electrum for saving and coinos for spending.
My kids don't have a phone yet (oldest is 10), so I currently stack for them by adding to my own stack.
how do you track the amounts you set aside for them?
I'm guessing the simplest way, if the granularity of amounts you save for them is large enough relative to fees, would be to have one address per kid, and keep the addresses frozen so the wallet doesn't spend from them; then as they age into having their own wallets [or e.g. if they convince you to spend their sats for some request], you can drain all the UTXOs from that kid's address together, making the concerns about address reuse almost irrelevant.
I have goals for the eventually size of what I want to set aside for them. I'm pretty sure I'll get there eventually, at which point I'll probay just create an address for each of them and label it.
first off, I don't have kids;
... however, I've noticed that Alby Hub[1] includes Sub-wallets[2] that seem like they could perfectly fit the case of parents or guardians supervising their dependents.
I have tons of gripes about them, however, they do seem to be doing a good job of implementing the "open source code of the freemium product; premium services offered by the company" business model ↩
Some folks might be more interested in the FAQ than the setup guide. ↩
Following. Every time I have tried to set up a dedicated wallet for our kid (8), they are required to be 18. I just want a custodial account that's in their name which I can manage. Is that too much to ask?
-Tom
Muun wallet
dumb