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10 sats \ 1 reply \ @zuspotirko 19 May 2022 \ on: I'm Roy Sheinfeld, the CEO & founder of Breez, in love with the Lightning economy, AMA!!! ⚡ bitcoin
What is the the theoretical risk of custodial Lightning wallets? Could the app creator theoretically suddenly shut down and destroy lightning balances? What assures Breez customers of your security?
Breez is non-custodial. It follows the same security mode Lightning provides. Only users can access their funds. They are the only one who can sign the transactions required to send/receive funds.
Custodial wallets are a different animal. The operators of a custodial service can access users funds and can steal them.
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