Privacy Policy

STBA Holdings, Inc.

STBA Holdings, Inc. is an American company registered with the Florida Department of State.

Privacy on Lightning

Satoshi operates on the Lightning Network using Lightning channels connected to a node ("Peer") run by STBA Holdings, Inc., the developers of the wallet. Payments on the Lightning Network are not publicly broadcast. Instead, they are encrypted and routed from the payer to the payee via intermediate nodes, using a tor-like onion routing protocol. However for convenience your Satoshi application delegates the calculation of payment routes to the STBA Holdings, Inc. node. In the current version of the wallet, this node will know the final recipient of the payment, and the amount sent. Work is being done to remove that limitation and have better privacy.

Privacy on Swaps

Satoshi offers a Lightning ↔ on-chain swap service. Our server will know the origin of swap-in transactions, and the recipient of swap-out transactions.

Blockchain

The wallet connects to one or multiple external servers to monitor the blockchain. You can instruct the app to connect only to a specific server, ideally one you manage yourself.

Log Data

We want to inform you that whenever you use our Service, in case of an error in the app we collect data and information (through third party products) on your phone called Log Data. This Log Data may include information such as your device Internet Protocol (“IP”) address, device name, operating system version, the configuration of the app when utilizing our Service, the time and date of your use of the Service, and other statistics.

Cookies

Cookies are files with a small amount of data that are commonly used as anonymous unique identifiers. These are sent to your browser from the websites that you visit and are stored on your device's internal memory. This Service does not use these “cookies” explicitly. However, the app may use third party code and libraries that use “cookies” to collect information and improve their services. You have the option to either accept or refuse these cookies and know when a cookie is being sent to your device. If you choose to refuse our cookies, you may not be able to use some portions of this Service.

Third Party Services

We may employ third-party companies and individuals due to the following reasons:

  • To facilitate our Service;
  • To provide the Service on our behalf;
  • To perform Service-related services; or
  • To assist us in analyzing how our Service is used.

We want to inform users of this Service that these third parties have access to your Personal Information. The reason is to perform the tasks assigned to them on our behalf. However, they are obligated not to disclose or use the information for any other purpose.

Application Permissions

Camera Access

This allows scanning a Bitcoin address or a Lightning payment request.

Network Access

Network access is needed to:

  • Connect to STBA Holdings, Inc. servers.
  • Connect to the Bitcoin and Lightning network
  • Connect to various public APIs (Glassnode) to fetch data such as the current bitcoin price, which are not operated by STBA Holdings, Inc.

Notifications

The application will sometimes need to display notifications, for example when payments are coming to you and the app is not on.

Changes to this Privacy Policy

We may update our Privacy Policy from time to time. Thus, you are advised to review this page periodically for any changes. We will notify you of any changes by posting the new Privacy Policy on this page. These changes are effective immediately after they are posted on this page.

Contact Us

If you have any questions or suggestions about our Privacy Policy, do not hesitate to contact us.