Wallet Of Satoshi Partners With Spark To Offer Self-Custodial Bitcoin Lightning Experience

-


Today, Spark has announced a new integration with Wallet of Satoshi, one of the largest Bitcoin Lightning Network (LN) wallets, to bring users a “truly self-custodial Lightning experience,” in beta, according to a press release sent to Tech Zone Daily.

“From the start, Spark felt like the missing piece,” stated Wallet of Satoshi. “It gave us the foundation to explore self-custody seriously – abstracting away the complex parts of self-custody so we could stay focused on user experience.”

Being self-custodial, this will allow customers to have full control over their Bitcoin. In November 2024, Wallet of Satoshi removed its app from the U.S. Apple and Google app stores because of unspecified reasons, although likely due to an unfavorable regulatory environment cracking down on Lightning wallets at the time. But now that the regulatory landscape has changed in the U.S., Wallet of Satoshi stated this integration will unlock the ability to re-enter and serve the U.S. market. 

Wallet of Satoshi also faced limitations when developing its self-custodial Lightning wallet, such as liquidity requirements, node complexity, and channel management costs, making it difficult to build a truly self-custodial LN wallet — but now, Spark has provided them a solution.

“We built Spark specifically to solve this exact problem,” the company stated. “Spark abstracts away all the complexity for wallets looking to implement Lightning. You don’t need to spin up channels, worry about routing, pre-fund liquidity, or even think about managing nodes. Creating a Lightning wallet on Spark takes just 6 lines of code.”

Spark stated that it will continue building out new features as the product evolves, and those interested in joining the beta can leave a comment on their X post requesting to join.

On May 22, Breez and Spark partnered to launch a new implementation of the Breez SDK, built on Spark’s Bitcoin-native Layer 2 infrastructure. The SDK supports LNURL, Lightning addresses, real-time mobile notifications, and includes bindings for all major programming languages and frameworks. The collaboration gave developers tools to add Bitcoin payment features to apps used for monetization social apps, cross-border remittances, and in-game currencies.

A day earlier, Spark also partnered with Magic Eden to improve Bitcoin trading by addressing issues like slow transaction times, high fees, and poor user experience. The integration introduced a native settlement system aimed at making transactions faster and more cost-effective, without using bridges or synthetic assets.



Source link

Latest news

These 40 Tempting Tech Gifts All Cost Less Than $100

Gift shopping on a budget is stressful. Prices sometimes soar around the holidays, making it tough to find...

Yes, Chef! Win Your Own Culinary Challenges With These WIRED-Tested Chef’s Knives

Compare Our PicksHonorable MentionsPhotograph: Molly HigginsNew West Knifeworks Joy Bauer 6-Inch Chef Knife for $225: Like my New...

The Ninja Slushi Is as Cheap as It’s Been for Black Friday

For the first year of its life, the Ninja Slushi didn't go on sale much. Mostly what it...

The Climate Impact of Owning a Dog

This story originally appeared on Grist and is part of the Climate Desk collaboration.I’ve been a vegetarian for...

The Best French Presses for a Full-Bodied Cup

The French press is an unassuming piece of coffee-making equipment. It doesn’t require electricity, yet experts agree that...

US Border Patrol Is Spying on Millions of American Drivers

Eight years after a researcher warned WhatsApp that it was possible to extract user phone numbers en masse...

Must read

You might also likeRELATED
Recommended to you