624 sats \ 4 replies \ @benthecarman 21 Jan \ parent \ on: Fedimint is Self-Custodial ecash
There’s a difference between self custodial and non custodial. Self custodial is only I can spend my funds, non custodial being no one else can spend my funds.
write
preview
80 sats \ 2 replies \ @nullcount 21 Jan
How is "only X can spend" different from "every non-X cannot spend"?
reply
0 sats \ 0 replies \ @benthecarman 22 Jan
A 2of3 multi sig would be an example. No one has self custody but it’s still non-custodial
reply
0 sats \ 0 replies \ @0260378aef 22 Jan
The difference is the case where no one can spend at all :)
(Not disagreeing, I also don't really get what is Ben's point there.)
reply
0 sats \ 0 replies \ @calle 22 Jan
Thank you I was always wondering what the difference is but that actually makes sense now!
reply