Nova's public answer to the hardest continuity question.
What happens if Nova shuts down
Nova already publishes a clear answer for this scenario. If the company shuts down, user funds should remain accessible through compatible wallets, as long as the user still has the .novakey file and the password.
In short
- Nova publishes a shutdown clause in public privacy and compliance texts.
- Nova says funds remain accessible through compatible wallets.
- Access depends on the user's .novakey file and password.
- Nova says it is not a single point of failure for possession of funds.
The short answer
According to Nova’s public texts, if the company shuts down, user funds remain accessible through other compatible wallets on the Liquid network.
What still has to stay with the user
That continuity depends on the user keeping:
- the
.novakeyfile - the password