# STELLAR PRIVATE PAYMENTS - PROOF OF CONCEPT DEMO
https://github.com/NethermindEth/stellar-private-payments | Apache 2.0 | Copyright 2025 Stellar Development Foundation

## TESTNET ONLY - NO REAL VALUE
This demo operates exclusively on the Stellar Testnet. All tokens used (including Test XLM) have no monetary value, cannot be exchanged for fiat currency or any other asset, and are not issued on receipt of funds. Testnet state is subject to periodic resets; no balances or transaction history will persist.

## TECHNICAL PROOF OF CONCEPT ONLY
This demo is provided for evaluation and research purposes only. Nothing in this demo constitutes the provision of any regulated financial service, financial promotion, or investment advice. Neither the Stellar Development Foundation ("SDF") nor Nethermind is acting as a money transmitter, custodian, or financial adviser in connection with this demo. The privacy features in this demo are not designed to circumvent any applicable legal or regulatory obligations, including those arising under anti-money laundering, counter-terrorism financing, or sanctions laws. This demo should not be considered a promotion of any future system, product, or service.

## DEVELOPMENT, LICENSING, AND THE STELLAR NETWORK
This system was developed by Nethermind pursuant to an agreement with SDF. SDF does not own, operate, or control the Stellar Network. The source code is licensed under the Apache License, Version 2.0, which governs your rights to use, modify, and distribute the code. This disclaimer governs your access to and use of the hosted demo and supplements (but does not replace) the Apache License. Nethermind hosts this demo for demonstration purposes only and does not operate it as a financial service or assume any operational responsibility beyond hosting.

## NO WARRANTIES
THIS DEMO IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT ANY REPRESENTATION OR WARRANTY, WHETHER EXPRESS, IMPLIED, OR STATUTORY. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, SDF AND NETHERMIND SPECIFICALLY DISCLAIM ANY IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. NEITHER SDF NOR NETHERMIND MAKES ANY REPRESENTATIONS OR WARRANTIES THAT ACCESS TO THIS DEMO WILL BE CONTINUOUS, UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, OR THAT THIS DEMO WILL MEET ANY REGULATORY OR COMPLIANCE NEEDS. THIS DEMO HAS NOT BEEN AUDITED FOR PRODUCTION USE AND MAY CONTAIN SECURITY VULNERABILITIES. DO NOT INPUT SENSITIVE PERSONAL DATA OR PRIVATE KEYS USED ON MAINNET ENVIRONMENTS.

## LIMITATION OF LIABILITY AND INDEMNIFICATION
IN NO EVENT WILL SDF OR NETHERMIND, OR ANY OF THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, OR AGENTS, BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY, OR PUNITIVE DAMAGES ARISING OUT OF OR IN CONNECTION WITH THIS DEMO, THE STELLAR NETWORK, OR ANY DIGITAL ASSETS, WHETHER SUCH LIABILITY IS ASSERTED ON THE BASIS OF TORT OR OTHERWISE, AND WHETHER OR NOT ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IF YOU ARE DISSATISFIED WITH THIS DEMO, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USE. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE MAY NOT APPLY TO YOU.

You agree to defend, indemnify, and hold harmless SDF, Nethermind, and their respective directors, employees, and agents from and against any claims, damages, costs, liabilities, and expenses (including reasonable attorneys' fees) arising out of or related to your use of this demo, your violation of this disclaimer, or your use of the Stellar Network or any digital asset.

## ELIGIBILITY
By using this demo, you represent and warrant that you: (i) are 18 years of age or older; (ii) are not located in, under the control of, or a resident of any country to which the United States has embargoed goods or services, including Cuba, Iran, North Korea, or Russian-controlled areas of Ukraine; (iii) are not identified as a Specially Designated National by OFAC or placed on the U.S. Department of Commerce's Denied Persons List; and (iv) will comply with all applicable laws in your use of this demo.

## DATA AND PRIVACY
This demo does not knowingly collect, store, or process personal data. Any data entered may be recorded on the Stellar Testnet and visible to third parties.

## GOVERNING LAW
This disclaimer will be governed by the laws of the State of California, without regard to its conflict of laws provisions. Any legal action arising out of this disclaimer shall be brought exclusively in courts sitting in the City and County of San Francisco, California, or in the federal court for the Northern District of California.

## ACCEPTANCE
By accessing this demo, you confirm that you have read and understood the above, that you meet the eligibility requirements set forth above, and that accessing this demo is lawful in your jurisdiction.