techfeudalist on Nostr: I don’t view Breez as self custodial. They appear to manage liquidity by being a ...

I don’t view Breez as self custodial. They appear to manage liquidity by being a “man in the middle” for payments. It seems like they don’t custody payments for very long, but for a brief period they take possession of your funds.

I think it’s great that they do so because self-custodial Lightning is difficult to manage. I just don’t think they should say they are self-custodial when they aren’t 100% self-custodial.

I maintain that we’re moving now into a custodial world for most people. We’ll need to limit the custodial touch points and risks through smart technology (like Breez) and geo-distributed federations.