saksham on Nostr: Sure, although their setup from the multisig can get hacked into. They don’t give ...
Sure, although their setup from the multisig can get hacked into. They don’t give insurance on deposits so it’s kind of similar to an exchange.
One positive is that they will not be able to loan out your btc without you knowing and even if the company goes down you can withdraw
Published at
2023-07-20 08:52:43Event JSON
{
"id": "62a4081025c4bcf842e0980bcf709f6bb6798c577b2d06de40b94aa75a840a39",
"pubkey": "f2821771575626407e04c23addd48b5ad33fdf7204e70148906c83ce7ea75cdc",
"created_at": 1689843163,
"kind": 1,
"tags": [
[
"e",
"285a904e50c4fe37d211c7b8e5b710d90e9943fd0594629dbee2313a87ffa4c4",
"",
"root"
],
[
"e",
"69330113b4f7a1a834731c8e0df8c825b2eeacb2ad36a3eec8e1daae4f30b1ad"
],
[
"e",
"aafef4cd76a49de4788c6c6af274319f730bf04959077675b1b01cf5491a5913",
"",
"reply"
],
[
"e",
"de61206a4a696ab04cacbb18140ee97766b39de3a3d5026b00ee932e3a955ebc",
"wss://relay.damus.io/",
"reply"
],
[
"p",
"026d8b7e7bcc2b417a84f10edb71b427fe76069905090b147b401a6cf60c3f27"
],
[
"p",
"f2821771575626407e04c23addd48b5ad33fdf7204e70148906c83ce7ea75cdc"
]
],
"content": "Sure, although their setup from the multisig can get hacked into. They don’t give insurance on deposits so it’s kind of similar to an exchange. \n\nOne positive is that they will not be able to loan out your btc without you knowing and even if the company goes down you can withdraw",
"sig": "c81914cd75cbe9d9520957b7ab28202a04ff8c44fb0c5ee38d86e2cd4f463168c349cb6a034aa30e41fd3bc6742cc753a416d5f7c46502347316f9fb41d4cd41"
}