Oddbean new post about login | logout Always glad to kick a pair of tires and report back. I’m excited to actually start using it now that you’ve expanded the offerings so much. Am I correct that the free custodial Lightning wallet is no longer available to new users like the guy I sent an invite code to?
We're no more launching that wallets, the guy will be able to open Alby Account and he hast to link it to his node or the Hub to use the Lightning Network.
Got it, thank you for clarifying! I’ll let my invitée know haha Will legacy/existing users continue being able to use the custodial wallet service in the future? Or is Alby’s plan to wind it down for everyone?
In the long run, we plan to wind down by reducing balance limits (getalby.com/usage) but it will be gradual, with necessary notifications and making sure users take out their sats.
I had a feeling - I noticed the reductions recently. Is this decision based around regulatory compliance and reducing your exposure to that sort of risk? (Makes sense if so, but curious whether it’s that or more a need to build sustainability/monetization, or both)
https://m.primal.net/JySt.png
We simply dream about resilient and decentralized Lightning Network. This cannot happen if users today are mostly using third-party noderunning and custody
🤝 Many of us here share that dream with you. Good answer 🔥
nostr:note1ew7guq0ctv2hs8e388zxcr6gy7wrca5dfknny55pnaww2hykxx8sgwnn05 #getAlbyHub
I might need some help later finishing the setup of Alby Hub. Having issues with liquidity I think.
Wanna come over to one of our calls? https://cal.com/getalby
