Hey! Totally understand the concern. Here’s some context: We recently removed the Lightning feature from the app to stay focused on its core mission: secure, self-custodial Bitcoin savings. Lightning is still a promising technology, but the current self-custodial experience just wasn’t reliable enough for our users. We’re keeping an eye on it and plan to revisit it once it matures. As for the face scan, it’s part of our effort to comply with the new EU regulation DORA (Digital Operational Resilience Act). To protect users from fraud and identity theft, we now require biometric verification, but we do this WITHOUT storing any biometric data. We use Keyless, a privacy-preserving solution that creates a cryptographic key using your facial scan locally on your device. That data is NEVER stored by us or anywhere else )not on our servers, not in the cloud). It’s just a way to verify that you are you, while keeping your privacy intact.

Replies (17)

LaserEyesPsy's avatar
LaserEyesPsy 7 months ago
Yeah must admit back when I was using it a year ago, the Ln function was really unreliable. Can’t blame. But the UE compliance and regulation is getting ridiculous. Sadge.
Waaaaaat?
Relai 🇨🇭's avatar Relai 🇨🇭
Hey! Totally understand the concern. Here’s some context: We recently removed the Lightning feature from the app to stay focused on its core mission: secure, self-custodial Bitcoin savings. Lightning is still a promising technology, but the current self-custodial experience just wasn’t reliable enough for our users. We’re keeping an eye on it and plan to revisit it once it matures. As for the face scan, it’s part of our effort to comply with the new EU regulation DORA (Digital Operational Resilience Act). To protect users from fraud and identity theft, we now require biometric verification, but we do this WITHOUT storing any biometric data. We use Keyless, a privacy-preserving solution that creates a cryptographic key using your facial scan locally on your device. That data is NEVER stored by us or anywhere else )not on our servers, not in the cloud). It’s just a way to verify that you are you, while keeping your privacy intact.
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Yikes.
Relai 🇨🇭's avatar Relai 🇨🇭
Hey! Totally understand the concern. Here’s some context: We recently removed the Lightning feature from the app to stay focused on its core mission: secure, self-custodial Bitcoin savings. Lightning is still a promising technology, but the current self-custodial experience just wasn’t reliable enough for our users. We’re keeping an eye on it and plan to revisit it once it matures. As for the face scan, it’s part of our effort to comply with the new EU regulation DORA (Digital Operational Resilience Act). To protect users from fraud and identity theft, we now require biometric verification, but we do this WITHOUT storing any biometric data. We use Keyless, a privacy-preserving solution that creates a cryptographic key using your facial scan locally on your device. That data is NEVER stored by us or anywhere else )not on our servers, not in the cloud). It’s just a way to verify that you are you, while keeping your privacy intact.
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Why self custodial lightning, people might opt-in for custodial as well ?
Dora is bullshit. It was never to protect the user. It is to control the finacial institutions and their users and at the same time to protect the large players with the standards nobody can comply, except a few largest.
“To protect users from fraud and identity theft, we now require biometric verification(...)” 🤡 FUCK OFF with that disgusting gaslighting!
Relai 🇨🇭's avatar Relai 🇨🇭
Hey! Totally understand the concern. Here’s some context: We recently removed the Lightning feature from the app to stay focused on its core mission: secure, self-custodial Bitcoin savings. Lightning is still a promising technology, but the current self-custodial experience just wasn’t reliable enough for our users. We’re keeping an eye on it and plan to revisit it once it matures. As for the face scan, it’s part of our effort to comply with the new EU regulation DORA (Digital Operational Resilience Act). To protect users from fraud and identity theft, we now require biometric verification, but we do this WITHOUT storing any biometric data. We use Keyless, a privacy-preserving solution that creates a cryptographic key using your facial scan locally on your device. That data is NEVER stored by us or anywhere else )not on our servers, not in the cloud). It’s just a way to verify that you are you, while keeping your privacy intact.
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