Jack Ronaldi ⛓ #341 (@jackronaldi) 's Twitter Profile
Jack Ronaldi ⛓ #341

@jackronaldi

Product @VLSProject ⚡️ Fiat product manager by day 🔸

ID: 1506760856134164480

linkhttps://vls.tech calendar_today23-03-2022 22:32:57

9,9K Tweet

1,1K Followers

3,3K Following

Validating Lightning Signer (@vlsproject) 's Twitter Profile Photo

Merchants moving sats each second cannot wait for cold storage rituals. VLS grants hot-channel speed with cold-storage level security.

Validating Lightning Signer (@vlsproject) 's Twitter Profile Photo

"Non-custodial" Lightning wallet is cool. But not if it achieves that by blindly signing whatever the node asks for. That’s only "non-custodial" in theory, not in practice. We don’t make the rules.

Validating Lightning Signer (@vlsproject) 's Twitter Profile Photo

Every transaction the node proposes must pass a protocol-correctness exam. VLS wrote the exam and grades on an unforgiving curve. No bell curve. Not on our watch.

Validating Lightning Signer (@vlsproject) 's Twitter Profile Photo

The fastest route to non-custodial mobile payments: - hosted node for uptime - VLS for signatures - user retains the keys Speed plus sovereignty. 🚀🛡️

Validating Lightning Signer (@vlsproject) 's Twitter Profile Photo

Holding user funds means you’re a custodian. Custodians face licenses, audits, and liabilities in every jurisdiction they touch. With VLS, you can serve users without ever touching their sats.

Validating Lightning Signer (@vlsproject) 's Twitter Profile Photo

A hardware wallet that blindly signs any request without checking if it is legitimate would be laughed out of Bitcoin. Yet that’s how most "non-custodial" / "self-custodial" Lightning setups work today. VLS fixes this.

Validating Lightning Signer (@vlsproject) 's Twitter Profile Photo

A wallet that blind-signs but calls itself “non-custodial” is like a bank claiming it’s non-custodial because they don’t know your online banking password.

Validating Lightning Signer (@vlsproject) 's Twitter Profile Photo

A Lightning wallet is only really self-custodial if: 1. The node runs on your device or 2. You connect to your own node or 3. You're using VLS If it’s using the provider’s node, your keys don’t protect you. The provider's node can tell your wallet to do anything.

Validating Lightning Signer (@vlsproject) 's Twitter Profile Photo

Your keys are not your coins if your signer does not validate. Blind signing is shared custody with two failure points. Read about the four Lightning custody models and how VLS enables secure, non-custodial Lightning: vls.tech/posts/lightnin…

Validating Lightning Signer (@vlsproject) 's Twitter Profile Photo

“Non-custodial” is not a security model on Lightning. Because signing must be online, the real question is: If your node is compromised, what can the attacker do?