โQ&A of subaccounts
Are the sats lost if a family member or friend deletes their subaccount-based wallet?
No, your satoshis are safe, they haven't disappeared or gone anywhere. They are still part of the spending balance of your Alby Hub.
Are the sats lost if I delete a subaccount from my Alby Hub?
No, the satoshis are and have always been part of the spending balance of your Alby Hub.
How many subaccounts can I create?
We haven't tested the exact limits, but so far, we've seen up to 21 subaccounts created from a single Alby Hub, all working perfectly. ๐
Are the transactions of subaccounts private?
To the world these transactions are as private as any other lightning transaction. For the Alby Hub operator all transactions are visible like for any other bank when you deposit your fiat money in a bank account.
Can a subaccount have a higher balance than the Alby Hub main spending balance?
The total amount in the main Alby Hub spending balance includes all subaccounts, plus any funds not allocated to any subaccount and deposited directly. However, since subaccounts are only an internal account system one could reduce the main Alby Hub spending balance without reducing the balance of a subaccount resulting in a higher balance of the latter.
If I created a wallet for an artist, as a connection to my Hub, but then deleted that connection? Would their Alby account continue to work?
Yes. The Alby account remains active but they cannot receive payments anymore. You will have to create a new subaccount and share the "Connection Secret" with your artist friend.
How to restore subaccount-based wallets in Alby Hub?
The Alby Hub owner will have to create a new subaccount and share the Connection Secret if needed.
How to restore subaccount-based wallets if the user deletes it?
If the Alby Hub owner or the user have saved the subaccount-specific "Connection Secret", it can be reused. For security and convenience, we recommend using a password manager to store the subaccount-specific "Connection Secret." Note: Your sats are still part of the main Alby Hub spending balance and not lost after deletion of any subaccount.
How can I create subaccounts with a starting balance
Right after adding a name and clicking on "Create Subaccount", you can scroll to the bottom where you see the option to add a starting balance. Please note: Funds are not transferred over the network but are simply associated with the subaccount. As a result, no transaction fees are incurred.
How do I transfer sats to a subaccount?
After the subaccount was created, the subaccount appears on the "Connection" page of your Alby Hub. If you open this subaccount, you'll see an "Increase" button increase its balance, using funds from the main Alby Hub spending balance.
Have more questions? contact us at getalby.com/help !
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