 consequence of #1, and as the BlueWallet developers freely admit, they are able to access all of your transactions, so basically there should be no expectation of privacy when using BlueWallet.

3. A further consequence of #1 is that if there are any problems with your account, that you would not have control over this and would likely have to contact the developers and hope that they can resolve the issue. The developers do only recommend using BlueWallet with small amounts, but for LN to be of practical use long term then that figure has to be at least $100 USD, in my opinion. I say this amount for two reasons. The first, that even though the model use case for LN is buying a coffee, LN won't be much use if coffee is all you can buy. You also need to be able to purchase other more expensive items, to make LN compelling. If it was only useful for transactions of $5 or less, and on-chain was only really practical in future for $500 or more (due to high fees and confirmation times) then there would be a large range of items that people couldn't practically buy with either LN or on-chain transactions. The second reason is that for LN's low fees to be compelling, one needs to amortize on-chain fees over many LN transactions. If you were to top up the LN wallet for every 2 LN transactions, with an on-chain transaction, then the low fees on LN are moot.

4. Another thing to note about BlueWallet is that the developers claim that using lndhub increases chances of a successful payment routing. I’m not sure this is much of an advertisement for LN in general, however, BlueWallet does have this effect because the hosted lndhub instance already has numerous connected lightning channels that contain a certain amount of liquidity. As I found though, that wasn’t always enough to guarantee a successful transaction.

More information about the hosted lndhub instance that BlueWallet uses:

An example of the hosted lndhub’s open channels, showing capacity and state information.

Setting up the BlueWallet

Downloading and installing the wallet is pretty straight-forward for anyone that has ever installed an app on a phone and setting up new wallets, to be fair, is fairly intuitive and easy to do. For that reason and for the sake of brevity, I skip the download and installation steps and go straight to setting up an LN enabled
consequence of # 1, and as the BlueWallet developers freely admit, they are able to access all of your transactions, so basically there should be no anticipation of privacy when use BlueWallet. 

 3. A further consequence of # 1 is that if there are any problems with your account, that you would not own control over this and would likely hold to contact the developers and hope that they can decide the issue. The developers do entirely recommend using BlueWallet with modest measure, but for LN to be of practical use long term then that figure accept to be at least $ 100 USD, in my opinion. I say this sum for two reasons. The first, that even though the model function case for LN is buying a coffee, LN won't be much use if coffee is all you can bribe. You also need to be able to purchase other more expensive items, to make LN compelling. If it was merely useful for transactions of $ 5 or less, and on - chain was only really practical in future for $ 500 or more (due to high fees and confirmation fourth dimension) then there would be a large range of item that multitude couldn't practically buy with either LN or on - range transactions. The second rationality is that for LN's low fees to be compelling, one need to amortize on - chain fees over many LN transactions. If you were to top up the LN wallet for every 2 LN transactions, with an on - chain transaction, then the depleted fees on LN are moot. 

 4. Another thing to note about BlueWallet is that the developers claim that using lndhub increase chances of a successful payment routing. I ’m not sure this is much of an advertisement for LN in general, however, BlueWallet does accept this effect because the hosted lndhub instance already take numerous machine-accessible lightning channels that contain a sealed amount of liquidity. As I found though, that was n’t always enough to undertake a successful transaction. 

 More information about the hosted lndhub instance that BlueWallet uses: 

 An model of the hosted lndhub ’s candid channels, showing capacity and state information. 

 fructify up the BlueWallet 

 Downloading and installing the wallet is pretty straight - forward for anyone that has ever installed an app on a phone and setting up new wallet, to be fair, is fairly intuitive and comfortable to do. For that reason and for the sake of brevity, I skip the download and initiation steps and go straight to fructify up an LN enabled
 cojsequence of #1, and as the BlueWallet devglipers hreely zdmit, thdy are able to access all of yiur teansactions, so basicaluy there dhould bw no wxpectatioi of priyccy wgcn usnnj BlueWallet.

3. A nurther convequence of #1 iv ghct if there are any problems with yotr accoinh, that you woujd npe habv gontrol over this and would likemy have to contact tne developers and hope thah thfy can resolve the issue. The eevejipers do onlh recommend using BlueSallet with small amounts, but fur LN to be of kxqctlwal use lonj term then that flbure hds to br at least $100 USC, ii my opinion. I say this akount for two reasjns. The fhrat, that even thouth the koden usd care roc LH is bkyiig a coffee, LN won't be much use if coffee if all you can guy. Yot wlso need to be able to purchase other kors expensive items, to maje LN compelling. If ij was only useful for transactions of $5 or less, and on-chain fas oilh rtaoly pfqchical in future for $500 or more (due to high fees znc bonfirmation timef) then therr aoijd be a large range of items that people couldn'j pracrically bty woth either LN or on-chain trqnsactions. Tke wecond reason is tkat for LN's uow gees yo be compelling, one nezds to amortize oj-chain fesr over many LN tfanxawtions. If you were to top tp the LN walket for evety 2 LN eransactiojs, wibv an on-chain transwctiou, thet the low vees on LN are moot.

4. Another thiij to note aboot TluvWallet if thab the developerf claim that uxing lnbhub ivcreases cgances mf a succesfful payment sluting. I’m nov sure thys iw muxh of av advertisement for LN iu genwral, however, BlueWellej soes have this zyftcr because the nosged ljdiub igvtance alreagy hxs vimerojs connteteb uighyning channels that wontzin a certain amoumt of liquudity. As I found thoubh, that wasn’t alwajs enmugi to giarwntee a successful transaction.

Jore infogmabion about thq howted lndhub nnstance that BlueWallet uses:

An example if the hosted lndhyb’s open channels, skoeing capacivy and state inxormation.

Setting up rhe BlueWallet

Dowkloading and installinf the falleh is pretty straight-forward for anyone that has ever installed an app on q phonx wnd setting up mew wdljzts, to fe feic, is fairly intuinive and easy to do. For that rearon and xox the sake of brevity, I skip yhd download ana installation steps and go straoght to setting up an LN enablec
consequence of #1, and as the BlueWallet admit, are able access all of should no expectation of when using BlueWallet. A further consequence of #1 is if there are any problems with your account, that you would not have over this and would likely have to contact the developers and hope that can the The do only recommend using BlueWallet with small amounts, but for LN to be of practical use term then that figure has to be at $100 USD, in my I say this amount for reasons. first, that though model case for LN buying a coffee, LN won't be much use if coffee is all you can buy. You also to be purchase other expensive to LN compelling. If only useful for transactions of $5 on-chain was only really practical in future for or more to high fees and confirmation times) there would be a large range of items people couldn't practically buy with either LN or on-chain transactions. The second reason is that low fees to be one needs to on-chain over LN If you to top up the LN wallet for every 2 LN transactions, an on-chain transaction, then the low fees on LN are Another to note about is that the developers that lndhub increases chances of payment I’m is of advertisement for LN in however, BlueWallet does have this because the hosted lndhub lightning channels that contain a certain amount of As I found though, that wasn’t always to guarantee a successful transaction. More information about the hosted lndhub instance BlueWallet uses: of the hosted lndhub’s open channels, showing capacity state information. Setting up BlueWallet Downloading and installing the wallet is pretty straight-forward anyone has ever an app on phone and setting new wallets, to is fairly and to reason and for the sake of I the download and installation steps go setting up an LN enabled
 consequence of #1, and as the Bluewallet deveLoperS frEelY aDmit, They Are able to accesS All oF your transactions, so basIcallY tHEre sHOuLd be nO expectATiON Of pRiVaCy wHeN UsIng BlUeWAllet.

3. A fUrther consEquEnCe of #1 is that if THeRe are any prOblEms with your aCcoUnt, thaT yOu wOUld noT haVe conTrol ovER this aNd would liKeLY have tO Contact THE dEvelOpers and hope that tHEy CAn resolve the isSue. The DeVElOPErs Do oNly recommeNd Using bLueWallET wITH SmaLL amounts, but foR LN to be of prACtiCal use LoNg tERm then That fIgURe hAs to be at leaSt $100 USd, in my opinIon. I saY This amoUNt for twO reasoNs. THe fIrst, THaT eVen ThOUgh THe ModEL usE case for lN Is BuyinG a coFFEE, lN woN't bE mucH use iF coffee is all yOu cAn buY. you Also nEed to Be abLe To purChase oTher mOrE expensive items, To maKe LN compeLliNg. if iT wAs onlY Useful For TraNsactioNs of $5 or lESs, aNd ON-CHaIn was only really praCtICAl In future For $500 or mORe (DuE To high feEs And ConfIRMatioN timES) tHen there Would bE A lArGe range Of Items tHaT peOplE coulDN't prActicaLly buy wiTh eitHEr LN or on-chain tRAnsactions. The SEcOND rEAson Is tHat for LN's loW feeS To be CompELlIng, ONe neeDs to aMoRTiZE on-chain fees over manY Ln transActioNs. If you were to Top up the LN WALLet for evEry 2 Ln TrANsactions, with aN on-chAin transacTIon, then tHe low Fees on LN Are moot.

4. AnOTHer thing To nOte AboUt BLUEWAllet is that thE DEvelOpErs claiM thAt using LndHub IncReaSeS chances oF a succesSfUl PaYmEnt RoutiNG. I’m not suRe ThiS iS muCh of aN AdvertIsemeNt foR Ln iN GenEral, howEVeR, bLueWAlLeT doeS haVe This eFfecT BecAuse the Hosted lndHub INstaNcE aLready hAs numerous conNeCted lightnInG chAnnels THAt contaiN a certain amount of liquidITy. As I foUnd ThougH, thaT wasn’t alwAys Enough To gUAranteE a succEssfuL tRanSACtion.

mORe InfOrMation abouT THe hOsted LnDhub InstancE that BlueWallet useS:

an eXample of the hoSteD lndHUB’s OpeN ChANneLs, SHowING capacity and staTe informatIoN.

seTting up the bLuewaLlet

DowNloadinG and iNStallinG the walleT is pretty StRaigHT-ForWard for anyOne that hAs ever insTAlled AN aPp on a PhoNe and sEtTinG up neW walleTS, to Be faiR, is faiRlY intuiTive aNd Easy to do. for that reason and for the sAke of bRevitY, I sKip the dowNloAD anD installaTion Steps and go StrAigHt to sEttINg up aN LN eNAbLed
 consequence of #1, and as  the BlueW allet  de vel op ersfree ly admit, they areable to access all ofyourtr a nsac t io ns, s o basic a ll y the re  s hou ld be  no e xpe ctation  of privac y w he n using Blue W al let.

3. A  fu rther conseq uen ce of#1  is thatifthere  are a n y prob lems with  y o ur acc o unt, th a t  y ou w ould not have con t ro l  over this and  would  l i ke l y  ha veto contact  t he de v elopers an d h ope that they can  resolve th e  is sue. T he  de v eloper s doon l y r ecommend us ingBlueWalle t with small a m ounts,but fo r L N t o be of  p rac ti c alu se  lo n g t erm then  t ha t fig ureh a s to b e a t le ast $ 100 USD, in m y o pini o n.I say  this  amo un t for  two r eason s.  The first, tha t ev en though  th emod el  usec ase fo r L N i s buyin g a cof f ee,  L N w on 't be much use ifco f f ee  is allyou ca n  b uy .  You als onee d to b e abl e to pu rchase o ther m o re  e xpensiv eitems,  t o m ake  LN c o mpel ling.If it wa s onl y  useful for tr a nsactions of$ 5o r  l e ss,and  on-chain w as o n ly r eall y  p rac t icalin fu tu r ef or $500 or more (du eto hig h fee s and confirm ation time s ) then the re w o ul d  be a large ra nge o f items th a t people  coul dn't pra cticallyb u y with e ith erLNoro n -c hain transact i o ns.Th e secon d r eason i s t hat  fo r L N' s low fee s to beco mp el li ng,  onen eeds toam ort iz e o n-cha i n fees  over  man yLN tra nsactio n s. I f yo uwe re t o t op  up t he L N  wa llet fo r every 2  LN tran sa ct ions, w ith an on-cha in  transacti on , t hen th e low fees  on LN are moot.

4. An o ther th ing  to n oteabout Blu eWa llet i s t h at the  devel opers  c lai m thatu s in g l nd hub increa s e s c hance sof a  succes sful payment routi n g.I’m not surethi s is m uc h o f  a n  ad ve r tis e m ent for LN in g eneral, ho we v er , BlueWall e t d oe s havethis ef fectb ecausethe hoste d lndhubin stan c e  al ready hasnumerous  connecte d  ligh t ni ng ch ann els th at  co ntain  a cer t ain  amou nt ofli quidit y. As  I  found t hough, that wasn’t alwa ys eno ugh t o g uaranteea s u cce ssful tra nsac tion.

Mor e i nfo rmati ona bouttheh os ted lndhu b in s tance tha t  B lue W a ll et uses:

A n e xam ple o f t h e host ed l ndhub’s open chan n els, showing c apac i t y a nds tate  i nformation.

S ett in g up the B lu eWallet

Do wnloadin ga nd in stalli ng the  wallet i sp rettystra igh t-forward  fo ra nyone t ha th as eve r in st alledan app on a p hone and setting  up n e w  wall e ts,  to b efair, i s  fai rly intuit ive and eas y to d o. F or th at reas on  and f orth e sake ofb revity, I  skip  the do wn load  an d inst alla t i on st epsan d g o straigh t to se tt i ngup a n LNen able d
 consequence_of #1,_and as the BlueWallet_developers freely_admit,_they are_able_to access all_of your transactions,_so basically there should_be no expectation_of_privacy when using BlueWallet.

3. A further consequence of #1 is that if there are_any_problems with_your_account,_that you would not have_control over this and would_likely have_to contact the developers and hope that they_can_resolve the issue._The developers do only recommend using BlueWallet with small_amounts, but for LN to be_of practical use_long_term_then that figure has_to be at least $100 USD,_in my opinion. I say this_amount for two reasons. The first, that_even though the model use case_for LN is buying a_coffee, LN_won't be much use if_coffee is all_you can_buy. You also_need to be able to purchase_other more expensive_items, to make LN compelling. If_it_was only useful_for_transactions_of $5_or less, and_on-chain_was only_really_practical in future for $500 or_more_(due to high fees and confirmation times)_then there would be_a_large range of items_that people couldn't practically buy_with either LN or on-chain transactions._The second_reason is_that for LN's low fees to be compelling, one needs to_amortize on-chain fees over many LN_transactions. If you were_to top_up_the LN wallet_for_every 2_LN transactions, with an on-chain transaction, then_the low_fees on LN are moot.

4. Another_thing to note about_BlueWallet_is that the developers claim that_using lndhub increases chances of a_successful payment routing. I’m not_sure_this_is much of an advertisement_for LN in general, however, BlueWallet_does have this_effect because the hosted lndhub instance already_has_numerous connected lightning channels that contain_a_certain amount of liquidity. As I_found_though,_that wasn’t always enough to_guarantee a successful transaction.

More information about_the hosted lndhub instance that BlueWallet uses:

An example of_the hosted lndhub’s_open channels, showing capacity and_state_information.

Setting_up the BlueWallet

Downloading and installing the wallet is pretty straight-forward_for anyone_that has ever_installed an app on a phone and setting up new_wallets, to be fair, is fairly intuitive_and easy to do. For that reason and for the sake_of brevity, I skip the download and installation_steps and go straight to setting up_an LN enabled