0 sats \ 3 replies \ @benthecarman 2 Nov 2023 \ parent \ on: Mutiny wallet - questions to be answered bitcoin
You're talking about greenlight, which imo is custodial. Unless you're saving every state update locally, then you're trusting everything to the cloud provider. Almost all the complexity with lightning is making sure you have the latest state, so if you're going through the trouble of saving everything on the phone, may as well run it on the phone too
That's a conflation of trust and custody. Users are trusting you to serve non-malicious code to the device, that's really no different than trusting the greenlight to do the same to their own device, since both are impractical to self-host.
Also isn't LDK's pushing vss state storage as a feature? I thought I had seen somewhere that you were using that / planning to?
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With mutiny if we disappear, the user can recover their funds, with greenlight you cannot, that is the main difference.
We are using VSS but that is for encrypted backups, we always write to the user's device first
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That would not surprise me and I am no defender of Blockstream, but I doubt that's true or will be for long as it's a relatively trivial matter to provide some recovery options.
Good luck in either case. The state of wallets is shit and needs improvement.
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