Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Globb0
on 27/02/2019, 20:02:01 UTC
Anyone knows if there is already any service of "proxy" online LN wallet?

I mean, something that would work like this:

- I send, for example, 0.1BTC to their wallet (my deposit address) same as I do with an exchange.

- Now I have a 0.1BTC balance with them (not your keys, not your BTC... I know)

- Then, the service would let me send LN payments which they would route via their LN node and already established channels on my behalf and substract the amount (plus a fee, presumably) from my balance.

- A plus would also be the possibility of creating LN invoices and receiving payments in the same way above and an easy to use mobile phone APP.

Anyone?

Custodial Wallets are a thing now, yes.  And somewhat controversial among the purists.  I think they are inevitable at least until Neutrino

It's great news because last time I asked a few months ago it seemed that it didn't exist yet.

I understand why purists may have something to say, but IMHO custodial LN wallets do make even much more sense than regular custodial wallets. I have not much of a problem in letting a third party the custody of my small change and use them for convenience. It is the whole of my stash what I want to directly control and custody. <- Notice how this is the complete opposite of how the current banking system + cash works.

Of course LN neutrino would be a great offering for the ones who would prefer that intermediate solution.

This is looking very good.



As long as it doesn't lead to some kind of 51% type attack with one mega payments monolith in there