The: Daniel⚡️ on Nostr: My theory is that Nostr #zaps is the reason BlueWallet chose the end of February last ...

My theory is that Nostr #zaps is the reason BlueWallet chose the end of February last year to remove their custodial Lightning service. Think about it. Damus enabled zaps on February 10, leading to a surge in payment activity, immediately stress-testing the BlueWallet node, which was not prepared for a large amount of rapid transactions, and probably didn’t have the liquidity to handle it. The operator of lndhub.io didn’t want the responsibility of running a bank, so they rushed to shut it down, and had no idea how to communicate this effectively.

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note14wh…z2e6

Urgent and important update for BlueWallet users! 🚨⚡️

BlueWallet is eliminating its custodial Lightning wallet service on April 30.

This means all Lightning wallets that use their lndhub.io node will be removed!

If you have any custodial sats in BlueWallet, remove them ASAP!

All imported LND wallets running off of your own node or third-party systems will still continue to work.
https://bluewallet.io/sunsetting-lndhub/