56 sats \ 2 replies \ @k00b 2 May 2022 \ on: Will SN and similar services like zebedee ever have non custodial wallets? meta
I believe we will. It's just hard to provide a low latency, secure, available, and reliable non-custodial UX for apps like our.
I've been meaning to explore @lylepratt's non-custodial UX on https://vida.live more and see what trade-offs he made.
I think some type of auto-balancing hybrid solution could work.
For example: If you go above 5000 sats, the overage gets sent to your LNURLp address. If your balance falls below 1000 sats, it gets refilled from a LNURLw you provided (examples only).
Point being: You could optimize for the simplicity/speed of custodial but still offer users control so they can maintain their risk profile.
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I agree. I like to call this a buffer.
Users can manually do this now though, and many do, but it'd be nice to make it automatic - at least the withdrawal part.
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