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Last week I touched on the nuances and complexities of “Trustodial” systems, systems that can’t be fully categorized as non-custodial or custodial, and how this causes issues when it relates to us categorizing different tools in this space. This is not the only issue being oversimplified in general conversation as it relates to categorizing ways of using Bitcoin.
Another major factor, with its own bag of complexity and nuances, is the cost of self custody.
I laid out these two core requirements for something to be considered self-custodial in the last article:
A user has unilateral control over their funds, or the ability to regain it.
No other party (or… Read more on BitcoinMagazine