STPI on Nostr: I want to explain this to reduce confusion, not increase it, so here it goes. The ...
I want to explain this to reduce confusion, not increase it, so here it goes.
The cashu tokens you have can still be moved, traded, divided & combined on the STPI mint as long as the tokens stay on the mint. Because I'm closing down the lightning node, you won't be able to redeem them for sats via lightning... for now. However, I can reimburse you for them.
Here's another aspect; If you leave your sats on the mint, and I set up a new lightning node, open new channels, and connect it to the cashu mint, then you WILL be able to redeem your cashu tokens as if nothing happened. Just so you understand, I'm only shutting down the LND node, not lnbits. When I finally disconnect LND, i'll change over to the 'null node' in lnbits. When I connect a new lightning node, i'll connect lnbits to that new node, and you can redeem your tokens at that time.
I wanted to give everyone a chance to redeem their tokens before I disconnect the lightning node. At this time, it appears the node is essentially unroutable. As a mitigation, if you send the tokens to me (via PM) I can be assured that you no longer control them. This way I can reimburse you with a different wallet like on getalby, strike, zeus or cashapp.
If there are people you sent sats to and they don't know who I am or even how cashu works, there will be a time where they can send them to other people but can't cash them in for sats over lightning. Eventually they will be able to redeem them.
Be assured, this isn't a rugpull. And in case you're wondering, at this time there is only about 30ksats remaining on it.
Forward!
The cashu tokens you have can still be moved, traded, divided & combined on the STPI mint as long as the tokens stay on the mint. Because I'm closing down the lightning node, you won't be able to redeem them for sats via lightning... for now. However, I can reimburse you for them.
Here's another aspect; If you leave your sats on the mint, and I set up a new lightning node, open new channels, and connect it to the cashu mint, then you WILL be able to redeem your cashu tokens as if nothing happened. Just so you understand, I'm only shutting down the LND node, not lnbits. When I finally disconnect LND, i'll change over to the 'null node' in lnbits. When I connect a new lightning node, i'll connect lnbits to that new node, and you can redeem your tokens at that time.
I wanted to give everyone a chance to redeem their tokens before I disconnect the lightning node. At this time, it appears the node is essentially unroutable. As a mitigation, if you send the tokens to me (via PM) I can be assured that you no longer control them. This way I can reimburse you with a different wallet like on getalby, strike, zeus or cashapp.
If there are people you sent sats to and they don't know who I am or even how cashu works, there will be a time where they can send them to other people but can't cash them in for sats over lightning. Eventually they will be able to redeem them.
Be assured, this isn't a rugpull. And in case you're wondering, at this time there is only about 30ksats remaining on it.
Forward!