@orangecheck/legal 0.4.0 → 0.5.0

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package/dist/index.js CHANGED
@@ -891,7 +891,7 @@ var terms2 = {
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  blocks: [
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  {
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  kind: "para",
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- text: "me.ochk.io is **non-custodial with respect to OrangeCheck**: OrangeCheck holds no private keys and no federation key shares, and cannot move your funds. BIP-322 users hold their own wallet. For email-OTP users, a Fedimint **federation** \u2014 run by independent guardian operators, never OrangeCheck \u2014 holds funds under a threshold scheme. You may **graduate** to full self-custody at any time."
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+ text: "Custody depends on how you sign in, and the honest answer differs today from the design.\n\n**If you sign in with BIP-322, you hold your own keys.** They never leave your device. OrangeCheck verifies signatures and relays envelopes; it cannot move your funds. That is true now and does not change.\n\n**If you sign in with email, OrangeCheck currently holds the key that pays you.** The design is that a Fedimint federation \u2014 run by independent guardian operators, not OrangeCheck \u2014 holds funds under a threshold scheme, and you may **graduate** to full self-custody at any time. That federation does not exist yet: there are no independent guardians today, and during bring-up the signing key for the paying rail is operated by OrangeCheck. So for email users, during this period, OrangeCheck is a custodian and the party that moves the money.\n\nWe state that plainly rather than describing the destination as though it were the present. **The live status of the paying rail \u2014 which posture is in force, what bounds it, and what has actually settled \u2014 is published at [/custody](/custody) and machine-readable at `/api/federations`.** Those surfaces are computed from the system rather than written by hand, so they cannot drift from this document the way a fixed sentence would."
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  },
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  {
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  kind: "stub",