Cypher_Box

AskSN

Should we worry about scaling Bitcoin now?

m0wer

It's Cypher Box! https://stacker.news/items/1473926

lightning

Cypher Box progressive self-custody powered by Strike and Coinos, available now on TestFlight Https://Cypherbox.io


![](https://m.stacker.news/138448)


New features:
- New capsule mechanics: sweep cold storage transaction change directly to your Lightning accounts for quick spending, or to your hot vault for medium term savings.
- BBQR scanning for ColdCard Q
- Plausible deniability 

Cypher Box contains 3 boxes which you can unlock after reading the instructions and warnings:
⚡️High voltage sign: Lightning Account: beginner
🔥 Hot Vault: intermediate
❄️ Cold Vault: advanced (high security)

Use lightning for payments, temporary accumulation, and fast liquidation!💓
Customise a withdrawal threshold reminder to limit custodial exposure !🌡️
Note: this is a subjective value, based on how much bitcoin you're comfortable holding on Lightning custodians before consolidating funds into a sizable on-chain Bitcoin UTXO.

If you already have a [http://Strike.me](https://t.co/CdELXwasmF) or [http://Coinos.io](https://t.co/liErLZhvPC)  available in your country, you can sign up and login to them from Cypher Box to connect them with your other wallets and swap between them to manage security and counterparty risk 🔄

We take Bitcoin gamification seriously! That’s why we designed funky UTXO capsules so users can estimate their size at a glance, simply by looking at their color and intensity 💊
Label > select > spend 😎

![](https://m.stacker.news/138443)

Once you get familiar with Lightning and hot storage, you can explore cold storage for military-grade security.

Connect your node, export your xPub and paste, scan, or import it to Cypher Box 📟

Cypher Box is free and open source:
We currently do not charge fees on our end.

Coinos takes 0.1% network conversion fees. Strike provides free onchain withdrawals. You may also be charged routing fees by the lightning provider. and that's it!

It's the most economic wallet for controlling your IOUs and UTXOs 🥇

"Is this new wallet app safe?"

The best thing about cold storage is that you don't have to trust us. Your keys will always stay isolated from our app and the internet even when signing transactions.

Unsure about other modules? Verify source code:
https://github.com/CypherBoxLLC/Cypher-Box

Cypher Box 0.0.9 live on Testflight ⚡

bitcoin

Cypher Box v0.4 live! 🧵
http://cypherbox.io

1) Strategic coin batching saves on future network fees. It used to be manual—copy your own address, paste it, do coin control 😵‍💫

Now? Just select and hit Batch!

It auto-select one of your own address 🪄
![](https://m.stacker.news/86644)

2) Hot Vault PSBT signing: enables a ‘Warm Vault’ setup using an offline phone instead of a hardware device.

![](https://m.stacker.news/86645)

3) Plausible Deniability: Set two passwords leading to two different interfaces—one shows your real vaults, and the other a decoy. Handy if you're ever under pressure ($5🔧).

If you lose these passwords, no worries—your vaults can always be recovered with your seed-phrases!



Cypher Box wallet v0.4 Live! Select-Batch UTXO capsules  🪄

bitcoin_beginners

![](https://m.stacker.news/83773)

In fiat banking, a materiality threshold is defined as the minimum level of financial impact that triggers reporting, disclosure, or action by a financial institution. This threshold helps banks determine which transactions, events, or information are significant enough to be included in their financial statements, regulatory filings, risk assessments, or other reporting requirements.
 
In #Bitcoin, we define it as the level above which the counter-party risk of holding funds at a financial institution or exchange becomes significantly intolerable. A preassigned withdrawal or materiality threshold should trigger an onchain settlement transaction that enforces sovereign ownership of large enough cash balance.

This value is subjective. Users must assess their own thresholds based on risk tolerance, network fees, the frequency at which they wish to spend or liquidate funds without incurring onchain fees, and trust in their chosen custodians.

The threshold also determines the size of their materialized bitcoin capsule (UTXO). This is important because owning relatively small capsules is not ideal in the long run, as network fees should always be expected to rise over time. 

These are important economic considerations, and in our app Cypherbox.io users can freely adjust the threshold while also receiving warnings if they proceed beyond or exceed the recommended range (1 to 10 million sats).

What is a 'Materiality Threshold'

Introducing Cypher Box: A Fun Way to Play #Bitcoin 😎

Thanks I will fix it soon. Please report bugs and any new features you want us to add here on our Telegram T.me/Cypher_box

Cypher Box - A Fun Way to Play Bitcoin
Https://Cypherbox.io

@Cypher_Box's bio

Thanks, glad you liked it 😎

We integrate Coinos through their killer open-source API. You can do that too!
https://coinos.io/docs

Onboard your newbie friends and family to advanced self-custody with this simple free & open-source Bitcoin-Lightning app

WATCH VIDEO
https://www.youtube.com/watch?v=3-HhOvCaFcE

Download the beta version at http://Cypherbox.io (US & EU soon)

Follow us on X: X.com/Cypher_Box

Please consider supporting our project on Geyser  https://geyser.fund/project/cypherbox

Subscribe to our YouTube channel for new tutorials and upcoming features https://youtube.com/@Cypher_Box

Do NOT share your private keys with anyone!
But do share your journey , feedback, and technical challenges with our Telegram open-source dev community and user support
https://t.me/Cypher_Box
