Bitcoin node connection shuts down: BlueWallet users urged to withdraw funds

cointelegraph.com:

BlueWallet is sunsetting its lightning node connection to Lndhub.io according to an official statement. BlueWallet will cease custodial Lightning operations–meaning that BlueWallet users of the Bitcoin (BTC) Lightning Network must connect to nodes to continue using BlueWallet lighting services.

What does BlueWallet sunsetting LndHub mean for you?- If you use BlueWallet for on-chain bitcoin: ✅ nothing- If you use other LndHub services (like LightningTipBot, LNbits, Alby): ✅ nothing- If you use the Lightning account hosted by them: ⚡️ Move your sats outRead on

Calle, a Lightning Developer who tweeted about the change, told Cointelegraph:

The Lightning Network is a layer-2 payment solution built upon Bitcoin. The LN is used for sending small amounts of Bitcoin around, called Satoshis or Sats, often using a lightning wallet.

Blue Wallet is a popular LN wallet that has over 42 BTC ($1 million) liquidy and its largest channel has 4 BTC ($95,000) capacity according to data from Amboss. BlueWallet a popular lightning wallet, often recommended by well-known Bitcoiners.

Calle continued; “It’s important to realize that lndhub is a protocol that helps you connect wallets to accounts. The wallet (in this case) is BlueWallet but other wallets also support LndHub (like Alby or Zeus).”

While users will still be able to withdraw their sats, creating new or refilling existing Lightning wallets on LndHub node will no longer be possible. BlueWallet publicly stated that users with sats connected to BlueWallet's Lightning node, they should move them as soon as possible.

The service will be shut down on April 30th, so it is crucial that BlueWallet users move their sats to another service or wallet of their choice. However, regular Bitcoin wallets