632 sats \ 3 replies \ @k00b 5 Dec 2023 \ on: Stranded sats redux: sats abandoned on SN? meta
Is there any notion of an inactivity timeout, or liveness limit, for sats in a SN wallet?
No. As far as I'm concerned that money is yours.
Is it correct to say that whatever the answer is, this is basically a SN policy decision, not a LN protocol issue? Because in this case, SN is acting as a custodial wallet, right?
Yes and yes.
write
preview
1 sat \ 1 reply \ @elysia 5 Dec 2023
I think that is the correct policy. Consider it part of the SN protocol.
"Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone." - Satoshi 2010-06-21 17:48:26 UTC
From the horses mouth: https://bitcointalk.org/index.php?topic=198.msg1647#msg1647
reply
81 sats \ 0 replies \ @k00b 5 Dec 2023
the horse
reply
1 sat \ 0 replies \ @WeAreAllSatoshi 5 Dec 2023
No. As far as I'm concerned that money is yours.
IMO this is definitely the right call. It's the same as someone losing their private keys. Sats live in the abandoned account forever
reply