322 sats \ 4 replies \ @ek 6 Mar 2023 \ on: Zap transaction fees? bitcoin
This website is custodial. There is no LN transaction happening when tipping. Only when depositing and withdrawing.
It's just a number in a database.
But maybe @k00b can add to this.
In the profile i can see my lightning address cryptofolyo@stacker.news
I think its not custodial. There should be a lightning wallet inbuilt into this website.
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You are asking good questions.
But it is custodial. Else SN would have given you private keys to manage your private node. But there is only the SN node over which you have no control. You don't control the channels from/to SN.
The LN address is just for easier depositing and withdrawing.
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The custodial part I can see, I don't have private keys for my wallet here.
But is it a database? It kind of looks like a bunch of LN transactions that get wrapped up and verified (confirmed?) on the node that this site writes on? And the node operator eats the onchain fee?
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See my comment here: #148317
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