67 sats \ 2 replies \ @StillStackinAfterAllTheseYears 14 Oct \ on: SN elects to go noncustodial on Nov. 5th - FAQ & AMA
Good summary. Thank you. The only thing that's not clear to me: If I don't withdraw all of my sats from my SN wallet (but also have an attached wallet), and I zap someone, does that zap only come from my attached wallet, or are the SN wallet sats depleted first?
And if it's the former, I guess a related question is, why would anyone keep sats in the SN wallet from that point forward?
Less urgently, the folks behind Zebedee are straight-up thieves, liars, and con-artists, so I really hope you don't put yourself in a position where they could financially screw you.
If I don't withdraw all of my sats from my SN wallet (but also have an attached wallet), and I zap someone, does that zap only come from my attached wallet, or are the SN wallet sats depleted first?
We're still working on these final details, but they'd likely come from your attached wallet unless you've indicated you'd like to send Cowboy Credits instead.
And if it's the former, I guess a related question is, why would anyone keep sats in the SN wallet from that point forward?
They wouldn't choose to. But they might if:
- they're new to SN and haven't had the chance to attach a wallet yet
- their receiving wallet is unavailable temporarily
re: third party custodians
I can cope with a third party taking advantage of SN, but I will not stand for a third party taking advantage of any stacker by proxy. We will only partner with a third party custodian if I'm sure I can defend/save stackers from the third party should I need to.
reply
If I don't withdraw all of my sats from my SN wallet (but also have an attached wallet), and I zap someone, does that zap only come from my attached wallet, or are the SN wallet sats depleted first?
They can only be withdrawn, not used for anything else. If you want to zap someone, you need to have cowboy credits or a wallet attached.
why would anyone keep sats in the SN wallet from that point forward?
The SN wallet for sats essentially ceases to exist, the sats in it can only be withdrawn.
reply