Appreciate the honesty. What’s the logic or brand strategy there?
You potentially have access to users’ location data, social graph, device/IP metadata, and Lightning activity while operating a closed source platform now connected to Nostr.
That’s a massive amount of sensitive behavioral data for Bitcoin/Nostr users to “trust you bro”.
Not accusing you of wrongdoing. I actually think it would be better for your company long term to be open source. You seem like decent well-meaning people. Proving it in code would be good for the brand IMO.
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Couple of points:
- we don't do KYC
- open sourcing our code will expose us to attackers
- open source doesn't tell you what we do with our db
In our opinion, open source makes a lot of sense for protocols, much less for applications.