the primal team spent a ton of time working on the new wallet and the migration flow
miljan refused to release until it was perfect
full nostr integration, seamless onchain and lightning, no kyc
massive win
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Replies (16)
And control of your funds...
ecash was the clear solution and they went with spark...
Many people will have fun again!! ๐โจ๏ธ
I'm sure you can still use whatever wallet you want with nwc
I'm working on it.
I'm skeptical that it'll stay KYC free, but people can always keep very little sats in and dump it. Might be a good idea to encourage that in the UI at least (if it doesn't already). Hopefully it works out. It at least doesn't seem any worse than when Strike was used.
It's not clear at all, we don't have reliable mints or ones with enough capacity to serve all of primal's users
I have yet to use a mint I deem reliable enough to endorse for useโฆ
I mean the sovereign answer is that they should run their own. The only difference with this solution is integration with another corporation handling some of the backend for wallet infra. Which is how products naturally scale. So I get it. I really do. It's easier and you're trying to get a product to market. A business is not an individual. It wouldn't make sense for them to make decisions like a sovriegn individual. But where is the line? When is is good/bad/indifferent to make certain tradeoffs? Is the decision not clear for primal to have Bitcoin in self custody for their Treasury? Maybe they should have ETF instead. It's the same thought process why a business would make that decision. The solution would be for primal to have their own lightning node. And it should be proportion in size to the users they expect to serve. That's really hard at scale though. I get it.
The line is we need to stop building for paranoid bitcoiners (0.001% of population) and start building for people who want to have fun on social media (99.999% of population)
Nobody is gonna run a mint bro
Why wouldn't a business ever run their own infra? River does for instance...
They spent millions on regulations and make millions on spreads for likely millions of buy/sells
Primal makes nothing on their wallet
Fair approach.
Yea infra coats money. That's why I said it makes sense for primal to scale this way.
I don't disagree. ๐ซก Just thinking out loud. I was wrong when I said ecash was a clear solution. It's not so clear.
Although I am concerned for shotgun kyc.