So is it “direct” to your cold storage or is nodeless.io the a trusted 3rd party?
Discussion
Sounds like a trusted 3rd party to me
Try it out for yourself and see how it works. It minimizes custody with our automatic withdrawals on lightning.
Custody in our business is all risk no reward. We just want to earn transaction fees.
I don’t have a problem with temporary custody for small transactions, and I hope you take your fair share for providing serious value. I’m just wondering if it’s “direct” to the customers wallet or not.
Will do, think minimized custody solutions are great. As it's just not practical for everyone to run and manage there own lighting.
We are like a router. If your withdrawal method is lightning address, then payments first hit our node then we take the fee and immediately send to your lightning address.
If your withdrawal method is on-chain, your whole balance is withdrawn to your address you give us, every 4 hours. As we grow this timeframe will shrink.
Awesome, thanks for the explanation!