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0 sats \ 8 replies \ @chungkingexpress 14 Oct \ parent \ on: SN elects to go noncustodial on Nov. 5th - FAQ & AMA meta
Both WebLN (send) and Lightning Address (receive) are setup on my end. The wallet works for manual withdrawals, but is there a big button somewhere to tell SN to pay from my external wallet and not from the SN wallet?
Also the Lightning Address wallet only has a withdrawal threshold at the moment, do I need to set this to 1sat to get every payment routed to my Lightning address?
Also the Lightning Address wallet only has a withdrawal threshold at the moment, do I need to set this to 1sat to get every payment routed to my Lightning address?
If you have a receive wallet attached and someone zaps you from their own wallet, we try to send sats straight to your wallet ("p2p zap"). If that doesn't work for some reason, they will go into the custodial wallet as if they used custodial sats. The threshold then determines when a withdrawal should automatically be triggered.
After Nov 5th, these automated withdrawals will no longer exist since any sats that you couldn't receive into your own wallet (because you don't have one attached or there was an error) will become cowboy credits that you can't withdraw. The exception are the sats that you accumulated before Nov 5th. They will always be there for you to withdraw.
We might simply set the threshold to 0 after that date so there will be one last automated withdrawal to empty your custodial wallet.
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OK so the way I have this setup now with a send and receive wallet setup, it should gracefully move over on Nov 5th without further action?
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OK. I know you guys got a lot on but I don't feel like this is at all clear. Do you have a UX plan to rollout / indicate to people if they are "all set" after the 5th? I guess it is not a major issue given that there will be cowboy credits still, but could be super confusing for people who are new to lightning / don't know the options.