> The legal definition of "custodial" generally refers to a situation where an individual or entity is responsible for the care, supervision, or safekeeping of another person or property

Just replace the verb with "has":

The accurate definition of custodial is a situation where an individual or entity has another person's property

> such as someone generating a private key with one dice roll. Who is the custodian here?

![](https://i.ibb.co/DR3Bz82/giphy-1.gif)

supertestnet

if someone on the web can steal it, it's actually custodial

Hard disagree. The legal definition of "custodial" generally refers to a situation where an individual or entity is responsible for the care, supervision, or safekeeping of another person or property. There's a lot of things that would fall under your definition of custodial that are clearly not, such as someone generating a private key with one dice roll. Who is the custodian here? Someone on the web can steal it.

bitcoin

Two Lightning Attacks Analyzed: A Response to John Light

> if someone on the web can steal it, it's actually custodial

Hard disagree. The legal definition of "custodial" generally refers to a situation where an individual or entity is responsible for the care, supervision, or safekeeping of another person or property. There's a lot of things that would fall under your definition of custodial that are clearly not, such as someone generating a private key with one dice roll. Who is the custodian here? Someone on the web can steal it. 