Imagine thinking Zeuspay is self custodial, but not realizing they are in position to censor all your transactions
Discussion
isn't this the same with Phoenix and Mutiny too? since you open a channel to them only? I may be misunderstanding the Mutiny part
does phoenix not support opening additional channels to the wallet? i havent used and assumed it was like breez where first is the LSP opening.
mutiny and any mint is custodial. the benefit there is privacy.
Imagine equating an uncooperative channel partner with being custodial.
No rehypothecation risk
Theft risk if you're offline for too long
Censorship risk mitigated by closing the channel if needed