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0 sats \ 1 reply \ @0268486dc4 16 Dec 2022 \ on: 10101: Announcing closed beta for noncustodial Lightning wallet bitcoin
Does Non-custodial mean I don't have custody of my coins? Are they locked in some sort of multisig agreement?
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1 sat \ 0 replies \ @10101 OP 16 Dec 2022
When you decide to trade using the wallet: Yes, the BTC you use and the one of the trade's counterparty are locked in a multisig.
If you don't trade it is another Lightning wallet - that you can also use self-sovereign. The Lightning node runs on the phone (we use LDK for that) and you can plug in your own Bitcoin node.
You can best compare it to Breeze wallet - it's basically the same, but instead of integrating services like LNMarkets (which are not fully noncustodial) we aim to build a P2P network for trading, and each trade is fully colleteralized in a multisig.
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