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Introducing the all-new Club Orange Self-Custodial Wallet!

Same app, same experience, but now, your bitcoin is fully in your control.

Here's what's new:

✅ YOUR KEYS, YOUR COINS: Export your 12-word seed phrase.

✅NO LIMITS: Send, receive and hold as much as you want.

✅ FULLY PORTABLE: Import your wallet into any Spark-enabled app, or bring an existing Spark wallet into Club Orange

✅SEND ANYWHERE: Send and receive to any Lightning address, invoice, wallet.

Your keys. Your bitcoin. ⚡️

Learn more at: https://www.cluborange.org/self-custodial-wallet-announcement

trustodial?

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Fully self-custodial.

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I’m no pro at this stuff, but that’s not what people are saying about Spark.

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Fair question. Spark is a statechain-based L2, so the trust model is different from base-layer Lightning: but in our implementation (Breez SDK) users hold their own seed, can export it, can withdraw on-chain to any BTC address, and can sweep to any other Spark-enabled wallet.

https://sdk-doc-spark.breez.technology/

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30 sats \ 10 replies \ @anon 15 Apr
but in our implementation (Breez SDK) users hold their own seed

does not equate to self-custody

can export it

does not equate to self-custody

can withdraw on-chain to any BTC address

with permission from spark operators

can sweep to any other Spark-enabled wallet.

does not equate to self-custody

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You're right that Spark isn't on-chain self-custody in the purest sense — operators co-sign exits. What we moved away from is custodial, where Club Orange (or a third party) held the keys and could freeze, seize, or lose user funds.

With Spark: user holds the seed, user can exit unilaterally to on-chain BTC, user can sweep to another Spark wallet. Operators can censor but cannot steal. That's a meaningful trust reduction vs. what we had before.

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30 sats \ 5 replies \ @anon 18 Apr
user can exit unilaterally to on-chain BTC

prove it. post a video walkthrough of a unilateral exit from club orange.

these guys don't understand the difference

fwiw chatgpt doesn't understand the difference either

30 sats \ 2 replies \ @anon 18 Apr

also

where Club Orange (or a third party) held the keys and could freeze, seize, or lose user funds.

you still hold the customer's spark keys on your servers in a way that Club Orange can spend or lose those funds, yes or no?

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No, keys are stored in the user device.

47 sats \ 3 replies \ @anon 15 Apr

these guys don't understand the difference

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Tell us more?

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30 sats \ 1 reply \ @anon 15 Apr
  1. how do i unilaterally withdrawal without your or spark's permission? holding a key does not make something self-custodial. it means you are holding a key. self-custodial means self does not rely on trusted third parties.
  2. do you store customers keys on your servers in a way that Club Orange can unilaterally access?
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deleted by author

Oh'reaaaally

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