FAQ

The questions people ask before the technical ones. For the mechanics, start with How NULL works.

#Do I still need a wallet?

You need a key, something that proves you hold spending rights. What you don't have is a balance sitting behind it. Losing the key costs you access to rights you've been granted, which is a real loss. It doesn't hand anyone a pile of your money, because there isn't one.

#If I don't own the money, how is it mine to spend?

You hold a right rather than tokens. The reserve's rules set what that right covers, down to the amount, and the protocol enforces them. Spending works how you'd expect. The difference is underneath.

#Isn't this just a mixer?

No. A mixer takes coins you already own and works to hide where they went, so the ownership happened and the trail is real. NULL never assigns the money to you, so there's no trail to hide. The full comparison works through it.

#How is this different from leaving funds on an exchange?

An exchange holds a balance in your name and decides what you can do with it, under rules it can change. A reserve holds no balance for anyone, and its rules are enforced by the protocol. The fair caveat is that someone still writes those rules, which Reserve policy covers rather than skips.

#What can I actually do with it?

Pay, swap, or execute. The same things you'd do with a wallet. You say what should happen and the reserve settles it. It's meant to feel unremarkable. The point is what it takes away.

#Can I earn on a deposit, or hold a position?

Spending rights let you spend. They aren't a position you can hold or sell. Supplying a reserve is a separate thing from spending through one, and the details of it are still being worked out. If holding is your goal, this is the wrong tool, and that's a design decision rather than a gap.

#What if the reserve runs out?

A valid right might not be usable until the reserve has depth again. Nothing is lost, but you can't pay right now. It's covered honestly in the threat model.

#Which chains?

Any EVM chain. Which ones are actually live is a deployment question, see Deposits.

#Is it audited?

Not stated in these docs yet. Audit status, how to report vulnerabilities, and whether any admin upgrade path exists are all listed as open in the threat model. A careful reader should weigh everything else here accordingly until those are answered.