reply on: SN elects to go noncustodial on Nov. 5th

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43 sats \ 18 replies \ @0xbitcoiner 14 Oct \ parent \ on: SN elects to go noncustodial on Nov. 5th - FAQ & AMA meta

I don't have an Alby Hub yet. I like to wait a while to find out more about the pros and cons, as well as other people's experiences. Maybe with this change in SN I'll make the switch sooner. But I'd like to know if it's possible to be on SN and send/receive sats with just the Alby extension.

142 sats \ 6 replies \ @Alby 22 Oct

@0xbitcoiner please remember, that Alby Extension is just an interface to a lightning wallet/node.

Looks like you are currently using our legacy custodial wallet, we are slowly migrating our users to self-custodial setup with Alby Hub.

Alby Extension here can be used to send sats via WebLN, but for receiving you need a Lightning Address, which comes with our account (it's not hosted by the extension).

Hope that helps!

0 sats \ 5 replies \ @0xbitcoiner 22 Oct

Yes, I did! Thanks anyway. By the way, is there a free version of Alby Hub?

0 sats \ 4 replies \ @k00b OP 22 Oct

It's open source so you can run it yourself for free.

21 sats \ 3 replies \ @0xbitcoiner 22 Oct

I know that, but I don't want to have a device connected to the internet 24 hours a day. :)

22 sats \ 2 replies \ @k00b OP 22 Oct

It would be interesting to see Alby Hub do a fee based payment model. Like, 10% of all receives until they've collected their 21,000 sats.

0 sats \ 1 reply \ @0xbitcoiner 22 Oct

I like that idea, I might subscribe that way. And if you don't reach 21k, do they just charge you 10% without any further loss? That would be great!

11 sats \ 0 replies \ @k00b OP 22 Oct

Yeah exactly. It's basically pay-as-you-go until it reaches a threshold.

32 sats \ 5 replies \ @siggy47 14 Oct

I know you can receive very well through the lightning address. I did that for a while. I am also sure it would work for sending through WebLN, but I have no experience doing that.

43 sats \ 4 replies \ @0xbitcoiner 14 Oct

I noticed that I received your previous zap in my alby wallet. It would be cool to go to the alby wallet and the SN wallet! 🤠

62 sats \ 1 reply \ @Coinsreporter 14 Oct

You should've recieved 31 Sats. ;)

0 sats \ 0 replies \ @0xbitcoiner 14 Oct

I don't think so!

43 - (43*0.3) = 30.1 - LN fee

23 sats \ 1 reply \ @siggy47 14 Oct

I don't understand? Like a double payment? Yeah, I would like that too!

43 sats \ 0 replies \ @0xbitcoiner 14 Oct

Yes! Ahahahhhh Now I only see the SN balance going down, it never goes up!

0 sats \ 4 replies \ @Taft 14 Oct

But I'd like to know if it's possible to be on SN and send/receive sats with just the Alby extension.

Yes, it is possible. I have tried it and works perfectly. But you have to pay one extra sat fee to Alby extension. For example, a comment will cost you now 2 sats.