Terms of Service
LN Node Terms of Service
Last Updated: [15 Feb 2025]
1. Introduction
Welcome to LN Node! We appreciate your interest in our services designed to provide seamless connectivity and efficient asset management on the Lightning Network. By accessing or using LN Node's services, including AI-integrated management, channel mining, and other advanced features, you agree to these Terms of Service ("Terms"). Please read them carefully.
2. General Terms
By accessing or using LN Node's products and services, you acknowledge that you have read, understood, and agreed to these Terms of Service, along with our Privacy Policy. You confirm that you are at least 18 years old or of legal age as required by your local jurisdiction and have the legal capacity to enter into this Agreement. If you are using the services on behalf of a company or organization, you affirm that you have the proper authority to bind the entity to these Terms.
LN Node reserves the right to update or modify these Terms at any time without prior notice. Changes will take effect immediately upon posting unless otherwise specified. Continued use of LN Node's services following any changes constitutes acceptance of the updated Terms.
3. Accuracy, Completeness, and Timeliness of Information
LN Node strives to provide accurate and up-to-date information. However, we do not guarantee that the information available through our services is complete, accurate, or current. The material provided is for general informational purposes only and should not be relied upon for critical decision-making without consulting more accurate or timely sources. Users assume full responsibility for any reliance on the information provided.
Historical data available through LN Node services is offered as a reference and may not reflect the most current developments.
4. Modifications to Services
LN Node reserves the right to modify, suspend, or discontinue any part of its services or content without prior notice. This includes changes to features, pricing, and availability. We are not liable to users or third parties for any modifications, suspensions, or discontinuations of services.
5. Products and Services License
LN Node provides its services under a limited, non-exclusive, revocable, non-transferable, and non-sublicensable license for your internal, non-commercial use unless otherwise specified. All intellectual property related to LN Node services, including trademarks, logos, trade names, and software, is owned by LN Node or licensed to us and is protected by intellectual property laws worldwide.
Users must not use any part of LN Node's services for commercial purposes without obtaining prior written consent. The Terms of Service do not grant permission to use LN Node branding or intellectual property for any commercial or non-commercial activities unless explicitly stated.
LN Node does not guarantee that services will meet user expectations or that any errors or defects will be corrected. Services are provided "as is" without any warranties regarding quality, performance, or suitability for specific purposes.
6. Node Types and Licensing
LN Node offers two types of nodes to cater to different user needs:
A. LN Node Lite (Cloud-Hosted Node)
A cloud-hosted node with limited features.
Suitable for users who prioritize convenience without technical complexity.
Users can upgrade to a Full Node to access advanced capabilities like node mining, AI integration, and Taproot Assets support.
Cloud Service Terms:
Free for initial use.
Managed by LN Node with automatic updates and monitoring.
Limited features compared to a Full Node.
Liability: LN Node is responsible for infrastructure maintenance but not for user errors or external attacks.
B. LN Node Full (Self-Hosted or Hardware Node)
A full-featured node providing complete control and advanced capabilities.
Ideal for technically proficient users.
Hardware Service Terms:
One-time fee applies.
Users are responsible for maintenance, backups, and performance monitoring.
LN Node accepts no liability for hardware failures occurring after the warranty period or due to mishandling.
Licensing Agreement:
By purchasing LN Node, users acquire a license to operate the node.
Users with sufficient technical knowledge can deploy LN Node on their own local servers for free.
Cloud and hardware services are optional conveniences.
Upgrade Option:
LN Node Lite Nodes can later be upgraded to a Full Node through local setup, cloud service, or hardware node.
Cloud and hardware node upgrades may involve additional costs.
Specific details regarding the upgrade process will be announced in future communications.
Prices are subject to change without prior notice.
7. Account Registration
To access LN Node services, you must create an account. You agree to provide accurate information and maintain the confidentiality of your account credentials. LN Node is not responsible for unauthorized account activity.
8. Permissible Use
You agree to use LN Node services only for lawful purposes. Prohibited activities include:
Engaging in illegal activities.
Attempting to disrupt the network.
Impersonating others.
Bypassing security features.
9. Intellectual Property
All intellectual property related to LN Node services, including software, branding, and content, is owned by LN Node or licensed to us. Users are granted a limited, non-exclusive, non-transferable license to use the services in accordance with these Terms.
10. Security Responsibilities
LN Node employs industry-standard security measures. However, users are responsible for safeguarding their account credentials, including passwords and recovery phrases.
11. Transactions. Fees and Mining Rewards
Transactions processed through LN Node are final. Users must ensure the accuracy of transaction details. LN Node is not liable for incorrect or incomplete transaction information.
Fee Structure:
Node operation fees apply depending on the selected service.
Additional fees may apply for advanced features like channel mining and asset management.
Fee schedules are subject to periodic adjustments.
Mining Disclaimer: Mining activities conducted through LN Node may involve potential profits or losses. LN Node makes no guarantees regarding the profitability of mining operations and shall not be held liable for any financial outcomes resulting from such activities. Users assume full responsibility for all risks associated with mining, including hardware performance, network conditions, and market fluctuations.
Channel Mining Disclaimer: Channel mining rewards are subject to fluctuations based on various factors, including but not limited to network conditions, market dynamics, and system performance. LN Node does not guarantee any specific level of rewards or returns from channel mining activities. Users acknowledge that:
The reward structure may be adjusted without prior notice to ensure network stability and operational efficiency.
Sudden or significant drops in rewards may occur due to external factors beyond LN Node's control.
LN Node is not liable for any perceived or actual losses resulting from changes in channel mining rewards.
By participating in channel mining, users accept the inherent risks and agree to monitor their performance independently. It is the user's responsibility to stay informed about potential reward adjustments through official LN Node announcements.
12. Service Modifications
LN Node reserves the right to update or modify its services as necessary. Users will be notified of significant changes that may affect their operations.
13. Termination
We may suspend or terminate accounts that violate these Terms. Users may also request account termination.
14. Limitation of Liability
LN Node provides its services "as is" without warranties. LN Node is not liable for:
Service interruptions beyond its control.
User errors, such as incorrect configurations or credential mishandling.
External attacks, unless resulting from proven security flaws in LN Node's infrastructure.
Hardware failures beyond the warranty period or due to user mismanagement.
Financial losses or unanticipated outcomes from mining activities.
15. Dispute Resolution
Disputes will be resolved through arbitration in a mutually agreed jurisdiction.
16. Changes to Terms
LN Node reserves the right to amend these Terms as necessary. Continued use of LN Node services constitutes acceptance of the updated Terms.
17. Contact Us
For questions regarding these Terms, please contact us at [ contact@lnfi.network ].
Thank you for choosing LN Node!
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