I know a lot of their customers were upset when they announced that they were forced to KYC to comply with regulation.
What are your thoughts on a version of OpenNode that didn't require that?
Yeah! I think many people will need it
Here is my use case:
Add lightning invoice and ln-url withdrawal for my little website..
1st solution: Create and maintain a node by myself, the initial cost will be around 15$/month + a lot of time..
2nd solution: Just use OpenNode and pay 1% for every transaction.
Since there is no much volume, in business perspective, the 2nd is best..
Right now I am using OpenNode with a company account..
If volume going up, i will change to the 1st solution.
reply
btcpayserver on voltage?
reply
Add lightning invoice and ln-url withdrawal for my little website..
1st solution: Create and maintain a node by myself, the initial cost will be around 15$/month + a lot of time..
2nd solution: Just use OpenNode and pay 1% for every transaction.
I don't want to sound condescending here. But there are many free LnUrl services for a "little website" on the Internet. Also setting up a node might be techie but it isn't THAT hard to pay a whole percent or would cost 15$ a month.
reply
Thanks for the info..
Many merchants are familiar with stripe/paypal workflow, so they can easily on board lighting payment with OpenNode.
Could you please share some LnUrl services they can support lN invoice and LN-URL withdraw? I'd love to try..
reply
Would you use this service if they didn't support LNURL withdrawal right away (if it's a feature that's coming very soon). Only normal withdrawals (user has to paste bolt11 invoice)
reply
have you tried lnbits.com? I think it already has all the feature I need
reply
Nice! You are building this? Can I try it first?
reply
Yes actually. Should I contact you through here when it's ready for you to try?
reply
yeah. please
reply
Hey there, we just launched. You can see our post here
Many merchants are familiar with stripe/paypal workflow, so they can easily on board lighting payment with OpenNode.
That is true. Especially if they handle/guarantee timestamps of transactions for taxes and stuff and compability with cards it might be very worth it. I hope Block does some big moves in this direction very soon.
Could you please share some LnUrl services they can support lN invoice and LN-URL withdraw? I'd love to try..
What about here? Stacker News can do this. If it's what I imagine a "little website" to be ... why not receive a coffee every now and then here?
Also, with Bolt12 QR codes for static Lightning addresses I expect this to become widespread everywhere for every wallet app out there.
reply
It's entirely reasonable to not want to manage a lightning node on top of one's own business. It takes time and thought away from the main business.
reply
It would be nice if there was a service out there that could provision and configure a btcpay server for small business users that could integrate into websites like a plugin. Seems like it would be a service folks would be willing to pay for!
reply
you mean Voltage.Cloud?
reply
nice =)
reply
Hey there, we just launched. You can see our post here
reply
So in your case you were fine with doing KYC.
would you trust a service that doesn't require KYC? Would you prefer it?
reply
Well, if you have a website you aren't KYC-free anyway.
At latest when registering a domain you are exposing a connection between a website that accepts Bitcoin and your real name. Likely even sooner (Isp, Impressum...)
reply
I don't like KYC..but my business is very small and legal, KYC should be fine.
Muun / Voltage.Cloud are all services without KYC, I am still using them.
If merchants can withdraw their sats in real time, I definitely love to try version without KYC.
reply
Oh that's a good point. So the ability to withdraw sats in real time alleviates the trust issue?
reply
Yeah I think so.. And the business provider can earn trust through time.
reply
If someone bends and complies with the enemy then it's not worth my time. BTCPayServer is the best solution as of today
reply
Hey there, we just launched. You can see our post here
reply
BTCPayServer is non custodial. I think they're different products.
OpenNode is custodial, and exposes a rest API to a lightning node which makes it a lot easier for devs.
My question for devs is how would they feel about a version of that that doesn't require KYC.
reply
Hey there, we just launched. You can see our post here
reply
You mean like btcpayserver.org ?
reply
Hey there, we just launched. You can see our post here
reply
That's a non-custodial approach.
OpenNode is custodial, and exposes a rest API to a lightning node.
reply
Do it!
reply
Hey there, we just launched. You can see our post here
reply
Is it something you would use?
reply