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Author Topic: Bitlum.io Made LN Easy -Nodeless- No Channel Deposit and Fair Exchange & Wallet  (Read 321 times)
anu1908
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April 25, 2019, 04:41:58 AM
 #21

Written down your feedback, thanks! What exactly is annoying, the badge? Because support itself is not pops up as far as I understand.

it might be a matter of preference. i just don't like to have a new message daily which constantly tells me that if i have trouble i can contact support. it's not a pop-up, you're right.

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April 25, 2019, 07:58:35 AM
 #22

i used for send on my bitlum to my elcetrum wallet so far i received about 2 hours

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April 28, 2019, 02:11:29 AM
 #23

i used for send on my bitlum to my elcetrum wallet so far i received about 2 hours

2 hours with 6 confirmation? Or 2 hours with 1 confirmation?

Sounds like they use a relatively low to medium fees to transfer your balance. That is not wrong at all, but you might find some trouble if the network suddenly got congested. Can you do an RBF with this wallet?

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May 01, 2019, 02:49:05 AM
 #24

2 hours with 6 confirmation? Or 2 hours with 1 confirmation?
Sounds like they use a relatively low to medium fees to transfer your balance. That is not wrong at all, but you might find some trouble if the network suddenly got congested. Can you do an RBF with this wallet?
i don't look at how much confirmation and how it work about fee anything,

Although it's custodial, its a very usefull service and open source .
hey man i did post about how it work bitlum on my local thread
https://bitcointalk.org/index.php?topic=5127653.msg50844959#msg50844959

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May 01, 2019, 09:39:21 AM
 #25

Quote
Bitlum.io has made a chrome extension wallet that is super easy to use
just installed and look easy to use. but, let's me know how to back up my wallet?
Its custodial and beta so dont use large amounts, then again LN isnt meant for large amounts.
I look future here where we can receive and send payment into LN and convert it into on chain only one aplication.
so, we need to safety where back up and 2fa include on bitlum google extention. I am really support for developer and they did hard work for this. thanks for you are for make LN easy to use for newbie

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nc50lc
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May 01, 2019, 11:41:29 AM
 #26

2 hours with 6 confirmation? Or 2 hours with 1 confirmation?
Sounds like they use a relatively low to medium fees to transfer your balance. That is not wrong at all, but you might find some trouble if the network suddenly got congested. Can you do an RBF with this wallet?
i don't look at how much confirmation and how it work about fee anything,
You said "Bitlum to Electrum" so it must be 0 confirmation (unconfirmed) since Electrum will instantly recognize the tx as long as the connected server received the txid on its mempool.
And a gap of 2 hours to broadcast the tx is too long since this should be instant if you have full control of the (bitlum) wallet.

So, is it an exchange-like service which implements "transaction batching" to withdrawals;
Does the txid of those two transactions involves multiple outputs or just yours alone?

If it indeed works like that, I don't see any relevance on using LN for those purposes. But it could work as a "reloadable micro-wallet" for small transactions utilizing lightning channels.

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