All the Speed. All the Security. Jade Lightning Payments Are Here.
In a historic first, Jade is now the first {hardware} pockets to work together with Lightning. Thanks to the app’s present Lightning ↔ Liquid swaps, the newest 5.2.0 Blockstream app replace means that you can ship and obtain Lightning funds immediately from the security of offline chilly storage. Get all the advantages of layer-2 effectivity, and all the advantages of chilly storage safety. Only with Jade and the Blockstream app.
Striking Innovation
By leveraging the full stack of Bitcoin layer-2 options, Jade and the Blockstream app forgo former tradeoffs to unlock new prospects
- No extra sizzling pockets safety holes: Until now, all obtained Lightning funds wanted to land in an internet-connected machine.
- Lightning quick funds: No want to attend for lengthy settlement instances; Sats land in your Jade immediately.
- Near-zero charges: Skip the on-chain charges and revel in low-cost transacting between Liquid and Lightning. Swap to mainnet when payment situations are greatest.
- Future-proof your stack: Instead of accumulating on-chain UTXOs throughout a DCA technique, withdrawing from an trade utilizing Lightning funds to Jade-secured LBTC creates a pure buffer to build up UTXOs in a single place earlier than consolidating on-chain.
How Jade Interacts with Lightning
When somebody sends you a Lightning fee, the Blockstream app generates an bill and an atomic swap supplied by Boltz robotically converts the incoming funds to LBTC in your Jade-secured pockets. Jade would not should be related to obtain, so you may settle for Lightning funds on the go and so they settle on to chilly storage.
Sending works in reverse. Paste a Lightning bill into the app, and your LBTC funds are used to pay it via an atomic swap. Jade should signal the transaction earlier than something leaves your pockets, so Jade at all times retains your funds protected to the precise second you authorize a fee.
For funds you do not plan to spend over Lightning, on-chain swaps allow you to transfer your LBTC to bitcoin on the base layer. Sign the swap with Jade and settle to mainnet chilly storage each time charges are favorable.
What This Unlocks:
For retailers: You settle for Lightning funds at your retailer. Each fee lands in your Jade-secured Liquid pockets. That night, you swap the day’s amassed LBTC to on-chain bitcoin in a single transaction whereas charges are low. No custodial fee processor taking a minimize. No sizzling pockets sitting uncovered in a single day.
For common stackers: You purchase bitcoin on an trade each Friday. Instead of leaving it there, you withdraw over Lightning to your Liquid tackle on the Blockstream app. It lands in your Jade pockets immediately. Once a month, when on-chain charges dip, you sweep all the things to on-chain chilly storage. Your DCA goes from trade to {hardware} pockets safety via the quickest, most cost-effective route accessible.
For charges: Lightning and Liquid charges are persistently low. Bitcoin base-layer charges are inclined to fluctuate. By receiving on Lightning and holding on Liquid, you may safely wait in chilly storage for favorable on-chain situations earlier than settling to mainnet. Instead of paying an on-chain payment for each incoming fee, accumulate on Liquid and when the time is true, swap to mainnet.
“Blockstream is uniquely positioned to ship this. Our full-stack infrastructure connects all three Bitcoin layers to make this potential on a single {hardware} pockets. This is a breakthrough for self-custody,” Jeff Boortz, CPO at Blockstream stated.
Three Layers. One App. One Device.
The Blockstream app now connects all three Bitcoin layers in a single self-custodial interface:
- Lightning for quick, low-fee funds
- Liquid for personal transfers and versatile holding
- On-chain Bitcoin for base-layer settlement and long-term storage
“Faster funds, stronger self custody, and fewer pointless transactions.” – Peter Bain, CMO
Update 5.2.0 demonstrates the functionality of Bitcoin if you leverage each layer of the stack. Get all of Bitcoin’s advantages with out compromising on safety. Only on the Blockstream app and Jade.
Secure Your Lightning Payments with Jade
Cold Storage Lightning is accessible now in the Blockstream app for iOS, Android, and desktop. Pair with Jade on cell.
- Download the Blockstream app
- Get Jade Plus to safe your cell swaps with offline safety.
- Learn how to send and receive Lightning bitcoin immediately with Jade.
- Learn how to set up on-chain swaps with Jade.
