pull down to refresh
0 sats \ 6 replies \ @satcat 20 Dec 2024 \ on: SN resolves to go noncustodial on Jan. 3rd - FAQ & AMA meta
Why have you decided to do this?
Because the alternative is paying millions of dollars in licensing fees and waiting several years for the privilege of kycing and surveilling you all so I can transmit nickels on your behalf.
reply
Damn
reply
Yeah pretty wild
reply
So does this mean you'll be completely removing bitcoin and lightning nodes from code?
reply
No.
The legal issues here revolve around custody, specifically custody of funds while they're in transit from person A to person B. SN will still run nodes. SN can still be paid in sats.
The ONLY thing changing is that we can't allow you to zap sats that we're holding for you. Everything else is just a consequence of that.
reply
Then you should just do that... It would be moderately more convenient for me if you did.
Thanks bro.
reply