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A watch-only wallet is a pair of glasses, not a vault. It can see your bitcoin. It cannot spend it. The keys live somewhere else: an old phone in airplane mode, a hardware wallet, a paper backup you do not want on this device.
Most Bitcoin security advice is about keeping hackers out: strong backups, no screenshots of seed phrases, do not type your words into a website that looks “official.” All good. All necessary.
Real cold storage usually means buying a dedicated hardware wallet. Keys stay offline. The internet never gets a vote. That works, and it is a solid choice.
If your Bitcoin lives on an exchange, you do not really own Bitcoin. You own a polite IOU. The exchange promises to hand it over later, as long as it is still solvent, still online, and still in the mood to process withdrawals.
Hot on the heels of v8.0.0, we’re back with v8.0.1. Smaller number, but don’t let that fool you, there’s a lot packed in here. Let’s get into it.
BlueWallet, the most used open-source Bitcoin wallet, just shipped version 8.0.0 for both iOS and Android. And it’s a major glow-up.
Today, we are announcing that the Lightning node, Lndhub.io, where BlueWallet provides Lightning wallets to its users, is sunsetting. While you can still withdraw your sats, creating new or refilling existing Lightning wallets on LndHub node will no longer be possible.
As could be predicted a more mature fee market started to develop in this cycle, and we are witnessing a natural competition for block space. Think about block space as another very scarce property of the network, where participants are competing to get their transactions in.
Version 6 of BlueWallet has been introduced a couple of months ago and it brings all the power of Multisig to a mobile app.
