Crypto wallet and payment gateway Run.Lola.Run is opposition of a popular crypto payment gateways that have obeyed KYC/AML and other requirements of banks and crypto exchanges they work with. Lola disdains banks, crypto exchanges. Lola doesn't recognize any rules of regulation of bitcoin and cryptocurrencies of any countries (YES, including the US and China too) because RLR exists in the Internet only and doesn't work with a state machine. It means that every user can keep working with Lola's crypto services and his funds keep belong to him regardless of the current political and economic conjuncture.

Binance and Russia case, the situation around China and crypto exchanges and many others. These precedents, extraterritorial application of US laws (especially KYC/AML) and some others cases were a reason to creating RLR.

Run.Lola.Run is the native payment gateway and crypto wallet of DeepWebVPN. DeepWebVPN could not follow his own rules without Lola. It would be danger for finance security of DeepWebVPN, Lola removes possible financial pressure.

General

Run.Lola.Run is crypto wallet and crypto payment gateway that supports 6 (at the moment) cryptocurrencies: Bitcoin, Litecoin, Dash, Monero, ZCash (z-addresses are supported too) and Bitcoin Cash. Every people can sign up without verification and be a full user. User can get cryptocurrencies and transfer it using the site or API.

Lola supports two-factor authentication (2FA) and knows about exchange rates.

Web mirrors

Web #1: run.lola.run
Web #2: run.l00.la
Tor: onion v3

Support and contacts

E-mail: [email protected]
Jabber/XMPP #1: [email protected]
Jabber/XMPP #2: [email protected]
Telegram: @l0_ola

Bitcoin

Every user has his own bitcoin wallet, full bitcoin wallet. User's bitcoin wallet is not shared like it is in many popular crypto services. It is a fundamental difference!

If user has his personal wallet that means:

1. user can set miner fee himself;
2. user doesn't need pay for other users of the payment gateway (not shared wallet has his owner transaction inputs only!)
3. user's bitcoins are as "dirty" as they were made by the user himself (not shared wallet has his owner bitcoins only!).

You know that miner fee is in ratio of transaction size, transaction size is in ratio of count of inputs (input addresses) and outputs (output addresses). So if transaction has a lot of inputs its miner fee will be larger.

Also you know that getting every payment to different address is widespread practice. So if wallet gets a lot of payments (a popular gateway has a lot of payments) it will have a lot of inputs.

So now you understand why most of all gateways forced set a large miner fee for payouts even if you got only one payment and want to transfer funds. Because they use a shared bitcoin wallet.

The situation is another in Lola. Lola's bitcoin wallets are not shared and it is a main reason why every user can set even 1 sat/vbyte and transfer even 0.00005 BTC (it is too small for shared wallet because miner fee will be greater than amount of transaction).

Two-circuit system

Lola distinguishes between transaction and payment.

Everything that's coming to address belongs your wallet is your incoming transaction. It doesn't must have exact amount or be confirmed for a certain time.

Payment is an request for receiving cryptocurrency that has a timeout for receiving a transaction, a timeout for receiving confirmations and must have exact amount.

Lola watches for transactions and payments in parallel. Every payment that has received at least something creates a transaction, but not every transaction is created by a payment.

So, every payment has address that belongs to a user, it means that any amount after any period will be credited to the user's wallet. It does not matter when and what status payment will get, the money transferred to user's address belongs to the user, funds doesn't disappear into the pocket of the payment gateway oblivion.

Internal and external transactions

Lola has two types of transactions: internal and external. External transactions are on-chain transactions. Internal transactions are transactions between Lola's users.

As the name implies, an external transaction is came from or sent to third-party wallet across blockchain of cryptocurrency. An internal transaction emerges between two wallets (of the same cryptocurrency) if they are located on the same node. At the moment, all altcoin transactions between different Lola's users are internal. All bitcoin transactions are external.

The main thing is that internal transactions don't have any fees and taxes at all. Internal transfering is instant, receiver doesn't need wait any confirmations.

The default tax of external transaction is 0.3%. Tax may be less, ask support.

Minimum amounts for transfer are as small as technically possible: 0.00005 (it is about $1.5 today) for BTC and 0.001 for altcoins.

API

Every user can use API for receiving or transfer cryptocurrency. User may receive funds as a payment and directly to cryptocurrency address.

Get API keys and read the manuals to use API. It is free.

At the moment not all planned functions have been released yet. The new APIs will be added soon.

P.S. Lola will be glad to cooperate with everyone, and also sends a special invitation to novice online services and shops. Lola will help with the software integration.

P.P.S. This information and something more about Lola in Russian from the creator.