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

Why Minnesota Can’t Do More to Stop ICE

With the marshals under attack, Kennedy deployed first the Mississippi National Guard and then thousands of federal troops...

No One Is Quite Sure Why Ice Is Slippery

They intuited that molecules near the surface behave differently from those deep within the ice. Ice is a...

Phonak’s Latest Prescription Hearing Aids Isolate Speech From Noise

If you’re comparing the photos of the Audeo Infinio Ultra Sphere—Phonak's most powerful hearing aid to date—to the...

2 Minutes Is Fine for Cold Plunging, the Experts Say

Depending on your disposition, a minute in an ice bath can feel like agony or ecstasy. Perhaps you...

The Lego Pokémon Line Shows Toys Are Only for Rich Adults Now

From the moment a pixelated Gengar and Nidorino faced off in the opening animation of the first Pokémon...

Bambu’s P1S Combo 3D Printer Setup Keeps Me Tinkering

It's such a known issue that a lot of users print an aptly named “poop chute,” which collects...

Must read

You might also likeRELATED
Recommended to you