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21 sats \ 3 replies \ @0xbitcoiner 10 Dec \ parent \ on: Question for Alby team guys bitcoin

After Jan 3 2025, the users on our shared node (so called custodial, or legacy accounts) will no longer be able to receive more than 50,000 sats.

However, those sats could be spent only on Cloud subscription, channel opening on the Hub, or users would need to link their own NWC node (like Alby Hub, or other) to send over the Lightning Network.

Thank you for clarifying!

Does the 50k limit refer to the amount per transaction or the maximum total balance? What are the consequences of exceeding this limit?

To confirm, after January 3rd, if my balance is 21k sats, these will be automatically converted into fee credits, and subsequently, I can connect an NWC wallet to transfer 21k sats, is that correct?

33 sats \ 2 replies \ @Alby 11 Dec

50,000 limits refers to total balance. There are no consequences, your Account will not be able to receive more.

After January 3rd you will not be able to transfer out sats with a regular invoice or send to a Lightning Address. You will be able to connect NWC node (or someone's else Uncle Jim) and migrate there like regular sats or launch the Hub and pay for subscription and channel opening with these fee credits.

0 sats \ 1 reply \ @0xbitcoiner 11 Dec

Thanks! But can I transfer the 21k after setting up the NWC?

12 sats \ 0 replies \ @Alby 11 Dec

Yes!