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7 sats \ 5 replies \ @k00b 21 Aug \ on: New service for stacking no-KYC + free (gifted) sats bitcoin bitcoin_beginners
Our model is fully on-chain and non-custodial.
Every gift involves two on-chain transactions: first to the gifter's wallet, then to the saver's. All of this happens directly on site, without seed phrases or alphanumeric strings.
said passkey

So fundmypiggy is a passkey wrapped onchain wallet in a browser with a UI gift/donation layer on top? Just checking if I read between all this text right.

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2 sats \ 4 replies \ @spyrology OP 21 Aug

Yep. Web 2.0 wrapped around a thin Bitcoin layer (via third-party services).

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107 sats \ 3 replies \ @k00b 21 Aug

Who is the third party?

Edit: these guys according to the faq https://dfns.co/

When you create a DFNS wallet, a complete private key is never generated. Instead, multiple secret “key shares” are created and stored on separate, independent servers. To sign a transaction, these servers collaborate using a cryptographic protocol that produces a valid signature without ever combining the shares or revealing a private key.

TEE+private federation

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2 sats \ 2 replies \ @spyrology OP 21 Aug

Mercuryo is our current fiat-to-crypto onramp, and DFNS is our wallet provider. We mention both in our FAQ and Terms, and Mercuryo can't be missed when making a purchase.

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2 sats \ 1 reply \ @k00b 21 Aug

Thanks. I saw that after asking.

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2 sats \ 0 replies \ @spyrology OP 21 Aug

Glad you asked. Transparency is important.

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