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$/month + a lot of time..
2nd solution: Just use OpenNode and pay 1% for every transaction.
Since there is no much volume, in business perspective, the 2nd is best..
Right now I am using OpenNode with a company account..
If volume going up, i will change to the 1st solution.
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btcpayserver on voltage?
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Add lightning invoice and ln-url withdrawal for my little website..
1st solution: Create and maintain a node by myself, the initial cost will be around 15$/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.
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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..
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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)
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have you tried lnbits.com? I think it already has all the feature I need
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Nice! You are building this? Can I try it first?
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Yes actually. Should I contact you through here when it's ready for you to try?
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yeah. please
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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.
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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.
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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!
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you mean Voltage.Cloud?
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Hey there, we just launched. You can see our post here
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So in your case you were fine with doing KYC.
would you trust a service that doesn't require KYC? Would you prefer it?
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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...)
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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.
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Oh that's a good point. So the ability to withdraw sats in real time alleviates the trust issue?
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Yeah I think so.. And the business provider can earn trust through time.
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If someone bends and complies with the enemy then it's not worth my time. BTCPayServer is the best solution as of today
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Hey there, we just launched. You can see our post here
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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.
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Hey there, we just launched. You can see our post here
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You mean like btcpayserver.org ?
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Hey there, we just launched. You can see our post here
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That's a non-custodial approach.
OpenNode is custodial, and exposes a rest API to a lightning node.
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Do it!
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Hey there, we just launched. You can see our post here
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Is it something you would use?
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