According to an official announcement, BlueWallet will disconnect its Lightning node connection to Lndhub in the near future. BlueWallet is going to stop its lightning custodial operations. This means that BlueWallet customers who are also members of Bitcoin (BTC) The Lightning Network will need to connect to the nodes to continue making use of BlueWallet’s lighting services.

“The most important thing is that people don’t panic and all of a sudden have newbies pull out their money on chain or flash balances wrong,” one person said. “This is the most crucial thing.”

Bitcoin serves as the foundation for the Lightning Network, which is a layer 2 payment system. Small amounts of bitcoin, also known as satoshis or sats, can be transferred between users using the Lightning Network. This is often done through a lightning wallet.

Blue Wallet is a well-known Lightning Network wallet that has a liquidity pool of more than 42 BTC (one million dollars). According to the statistics provided by Amboss, the largest channel on the network has a capacity of 4 BTC, which is equivalent to $95,000. BlueWallet is a well-known lightning wallet that comes highly recommended by some of the most prominent Bitcoin users.

Calle said: “It is essential to understand that lndhub is a protocol that makes it easy to link wallets to accounts. BlueWallet is the wallet that supports LndHub in this case, however other wallets, such as Alby and Zeus, also support LndHub.

It’s just the account being closed, not LndHub or Bluewallet themselves. This particular account is hosted by the BlueWallet team and they have expressed that they no longer want to be responsible for it.

Although users will still be able to withdraw their sats, the LndHub node will no longer allow users to create new Lightning wallets or top up current ones. BlueWallet has issued a public statement advising customers who have satellite wallets linked to BlueWallet’s lightning node to transfer those wallets as soon as possible.

Because BlueWallet customers will no longer have access to the service after April 30, it is imperative that they transfer their sats to another service or wallet of their choice before the service is suspended. However, regularly used Bitcoin wallets will not be affected by this change.

According to the website, BlueWallet will “only support self-custody solutions,” which is a crucial fact to note even though some people may view the move as an impediment to widespread Lightning Network adoption. The modification aims to encourage decentralized solutions and self-custody in its recipients.