Leo Wandersleb on Nostr: The provider may not be able to move your funds but you are neither, so it's ...
The provider may not be able to move your funds but you are neither, so it's definitely not self-custodial and non-custodial is often used synonymous to self-custodial so I would find it confusing to call this case non-custodial.
The big problem here is that the provider can take your funds hostage. Require a processing fee etc. So while the user can stop a rug pull with 100% of the funds in the provider's pockets, he can't prevent losing his money.
Published at
2024-04-25 20:04:46Event JSON
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