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21 sats \ 4 replies \ @BitcoinHandsOn 22 Nov \ parent \ on: should it be "non custodial" or "self custodial? bitcoin
Yes. This is from the above post:
CURRENT TERMINOLOGY - BAD Custodial - somebody else has custody of your wallet. "Not your keys, not your coins". Non-Custodial - you have custody of your own wallet, i.e. self-custody
IMPROVED TERMINOLOGY - GOOD Self Custody - you have custody of your bitcoin yourself Delegated Custody - you have delegated custody of your bitcoin to someone else
The only problem..."delegated" has 4 syllables. Doesn't quite roll off the tongue.
Maybe "Entrusted" custody? "Assigned" custody?
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53 sats \ 0 replies \ @standardcrypto OP 22 Nov
delegated is fine.
you coudl distinguish between fractional and full reserve delegated custody.
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32 sats \ 0 replies \ @Fenix 22 Nov
I think it’s even better than non-custodial because delegated express the meaning of the custody by it self. Works in another languages too.
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0 sats \ 1 reply \ @sudonaka 23h
The media psyop mind control people invented “non-custodial” for a reason. It’s not something we plebs just started saying.
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0 sats \ 0 replies \ @Fenix 13h
This is a new thing for me.
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