Look, convenience almost always comes at the expense of true ownership. WoS has been amazing for beginners and small coffee payments because you never had to worry about channels, liquidity, or routing. It just worked.
But handing users a 12-word recovery phrase doesn’t automatically make it 'self-custodial' if moving your own money still depends on a small group of operators giving you the green light. Calling a federated setup 'Lightning self-custody' is confusing for everyday users and waters down what real Bitcoin custody actually means.
If you need someone else’s green light to move your sats, it’s not your keys.
Look, convenience almost always comes at the expense of true ownership. WoS has been amazing for beginners and small coffee payments because you never had to worry about channels, liquidity, or routing. It just worked.
But handing users a 12-word recovery phrase doesn’t automatically make it 'self-custodial' if moving your own money still depends on a small group of operators giving you the green light. Calling a federated setup 'Lightning self-custody' is confusing for everyday users and waters down what real Bitcoin custody actually means.
If you need someone else’s green light to move your sats, it’s not your keys.