Casa Launches Lightning Node Mobile App for Bitcoin Newbies (#GotBitcoin?)
Casa’s new mobile app makes it easier to manage your lightning node on the go. Casa Launches Lightning Node Mobile App for Bitcoin Newbies (#GotBitcoin?)
Launched today, the new Sats App works like a noncustodial wallet with some unique features.
In addition to being able to manage a user’s lightning node from the mobile app, Casa CEO Jeremy Welch said the startup will soon roll out a rewards program for earning small amounts of bitcoin through the app.
The goal is to help crypto newbies graduate from earning their first bitcoin all the way to managing a lightning node with just one mobile app.
“Features are focused on increasing adoption of bitcoin and lightning nodes,” Welch told CoinDesk in an exclusive interview. “You will be able to earn bitcoin if you don’t have a Casa node, but you will be able to earn bitcoin faster if you have a node.”
Stepping back, the bitcoin security startup has launched several products since last September, including protective faraday bags and the Casa lightning node device. Welch said the startup has raised more than $3.5 million so far from investors such as Alyse Killeen, Castle Island Ventures, Boost VC and Compound, just to name a few.
The staff of roughly 25 people serves customers in 60 countries running “thousands of active nodes,” Welch said. Those customers will have first access to the new app this week, with public access via the app store rolling out later this month.
“It’s a lightweight app, but allows you to experience the full gamut – from earning your first sats to operating a full node from your phone,” Welch said. “It’s private, secure and connects over Tor.”
Casa already has a multisig custody app for tech-savvy customers who want to protect significant amounts of bitcoin, called Keymaster.
This new mobile app was created for onboarding the crypto-curious. The rewards program will give tiny fractions of a bitcoin called Satoshis.
One bitcoin is made up of 100 million Satoshis.
“Our first announced SatsBack reward will be 20,000 satoshis just to get your Casa Node all connected up on Tor and connected to Sats App,” Welch said.
His team’s goal – with crypto rewards and other user-friendly features – is to provide users with easy ways to hold their own bitcoin, rather than keeping it on exchanges. Welch added:
“We’re trying to make it easier for people to do that, self-custody.” Casa Launches Lightning Node, Casa Launches Lightning Node
Casa Releases New Version of Its Bitcoin Full Node Casa Node 2
New York-based crypto custody startup Casa has released Casa Node 2, a new iteration of the industry’s popular pre-synced Bitcoin (BTC) full node product.
Original Casa Node Did A Great Job, The Firm Says
According to an Oct. 8 blog post, Casa Node 2 offers a faster and smoother Bitcoin and Lightning experience by deploying a faster processor on the Raspberry Pi 4 with 4GB RAM and a 1TB SSD.
In the announcement, Casa stated that their original Casa node did a great job as a full Bitcoin and Lightning node in a reliable device. However, the firm “wanted to do more” and was planning to improve their hardware in order to do so, Casa said.
Early upgrades to Casa Node 2 are available in pre-order mode, the firm added.
As part of the announcement, Casa also introduced a new version of its native node software NodeOS, which now has an updated design and dark mode.
Following the launch of the update, the Casa Node 2 will also be running major open-source Bitcoin payments processor BTCPayServer.
Casa will distribute its Node 2 devices in limited numbers in October and November at a discount price of $300, according to the announcement.
While Casa claims that the original Casa Node was highly effective as a full Bitcoin node, some customers reported that earlier iterations of the model were slow, while agreeing that plug-and-play nodes like Casa are here to stay.
In August, Litecoin (LTC) founder Charlie Lee said that he has been investing in Casa and expressed high hopes for the company.
Bitcoin Startup Casa Names New CEO As Node Service Goes Open-Source
Bitcoin startup Casa is charging into 2020 with a new look – by winding down its hardware product and shuffling its front office.
CEO Jeremy Welch is stepping down from the role with current head of product Nick Neuman taking the helm. CTO Jameson Lopp will remain in his current position but will join the board along with Neuman.
Welch’s decision to step away from his position was linked to personal matters and not the firm’s product decisions, Welch and Neuman said.
Meanwhile, Casa is getting rid of its node; well, at least its physical implementation.
Neuman told CoinDesk in an interview the firm will ditch its purple-and-white hardware product in favor of bolstering its subscription service. Welch told CoinDesk in October the company had shipped more than 2,000 devices to buyers in over 65 countries.
Casa Node will now be run on open-source software available on most any computer which can be paired with a $10 monthly subscription to its key service. As Neuman said, it’s equivalent to bitcoin key management for the cost of a Netflix subscription.
When asked about possible revenue concerns – given that the lowest Casa Node package currently runs for just under $400 – Neuman said the firm is looking to capitalize on a strong 2019. For Casa, that means learning from its customers.
“A lot of people weren’t coming to us for the cost. They were coming to us for the security, the peace of mind,” Neuman said. “We don’t expect this to materially affect our revenue as a company.”
As for other Casa Node features, Neuman said the firm is close to integrating with Coldcard, a bitcoin-only wallet. Generational bitcoin payment plans via inheritance services and different service accounts similar to a checking and savings account are also in the lineup, he said.
“Our main focus is around the success that we’ve seen so far and the growth that we expect to continue to see through this year,” Neuman said. Casa Launches Lightning Node,Casa Launches Lightning Node,Casa Launches Lightning Node,Casa Launches Lightning Node