II was waiting for this long time, and it's finally here. The @coinos's withdraw option has been working greatly but now, triggered when a certain threshold was reached. But with this new feature I've no more reason to use it. Thanks @adam_coinos_io
You will find the new functionality on your https://coinos.io/settings/security page
and the option to set a new seed or import an existing one
Enjoy your sovereignty, responsibly!
They’re using Spark now I suppose?
@DarthCoin the Big Talk Bitcoiner refuses to attach a wallet and use sats here on Stacker News.
He claims to 'live on The Bitcoin Standard'.
What a load of baloney.
Hypocrit @DarthCoin cannot even be fucked enough to attach a wallet here on Stacker News.
What a loser...all talk no walk.
Everyone on the Stacker News home page today has both a gun and a horse.
If they can do it but techno wizard @Darthcoin cannot, whats up?
@Darthcoin is a lazy hypocrit loser.
No but planning to support Ark soon
so you are going full "non-custodial" and passing the responsibility of custody to the ark network instead?
Second question: when this onchain non-custodial feature was released? I thought it was recent but maybe is just me seeing it late.
No we'll still offer custodial accounts and regular old layer 1 non-custodial bitcoin wallets. Ark will be an optional separate account type for people to try and just another layer that we support receiving into the custodial wallet.
Eventually I might start limiting the custodial accounts so people won't be able to hold large balances there but will still be able to use them for small zaps etc.
Sounds a good plan! So ark option will be offered for both, sending and receiving, the same way Liquid is currently on?
love liquid on coinos
you do realize Adam provides this service for free and he is a one man volunteer operation?
I had to castigate a bunch of third world users for being cheap and entitled
yes I do, I simply try to provide feedback and learn how he is doing
he has a new username on SN
FYI
What? Why should it be? This is just a onchain non-custodial solution. Lightning liquidity I assume will continue to be provided by Coinos's LN node
Coinos onchain self-custody was available from long time ago. But users were too lazy to find it useful or understand how it works.
https://t.me/coinoswallet/25588
Feb 7
let's confirm with Adam
@adam_coinos_io
@asoltys2026
@supratic Adam has a new SN username
Does changing your account to self custodial require you to operate a node?
Will it reduce the liquidity and reliability of your coinos wallet by going self custodial?
No, learn the difference between a Bitcoin Node and a Lightning Network Node, they are different things
You'll still use coinos Lightning Node to provide you inbound and outbound liquidity
Thanks I am going to try to look into this after work tomorrow.
Might be worth trying it out if it gives more direct custody and still low fees and ease of use.
Please hold off for a week or two. The non-custodial wallets aren't working very well at the moment but I've got some fixes lined up.
Thanks- I was just about to try so good to know.
Yeah this is a basic onchain-only BIP84 wallet. I quietly launched it over a year and a half ago: https://github.com/coinos/coinos-ui/commit/b008ad7a87ae101d814d774533ed36243b9b8457
I haven't been advertising because it doesn't work that well at the moment. We don't do a good job of keeping the balance and history up to date properly.
We're using Bitcoin Core to track all the wallets as watch-only descriptor wallets to lookup the utxos but I've found it's not really that well suited to the task of watching hundreds or thousands of these wallets.
I'm planning to host my own electrum server and use that for wallet balance lookups instead but haven't rolled that out quite yet. Should be coming soon though, maybe in the next week or so.
I would recommend holding off on trying these non-custodial wallets until then.
Thanks for specifying these details. look forward to test the new non-custodial with your own Electrum server as it come out
cc me on all posts about Coinos because I am an active member of the coinos telegram group