Incorrect and please try to spell sorta correctly ish at least
Discussion
If you own a lightning channel on Zeus for example it it 100 percent self custody.
This does not apply to like cash app or anything like that.
If you own the lightning channel it is self custody. You have the seed phrase…
I can spell stuff however I please .
You’re missing the whole entire point of his original note.
If the channel gets closed either by you or by your peer , then your sats go to the onchain address that you hold the keys for .
So like if your phone was lost or destroyed you could recover the funds with your private key 🔑
Lightning can be self custody
Depending on your set up
Are you saying this happens with no on chain transfer and it always works rapidly (like 10 minutes at worst) on command?
Because you keep saying words but they don't seem to add up
I’m saying you can go right now and open a self custody lightning channel for yourself…
Learn about it.
I’m happy to help and answer any questions you have…
Open a channel on Zeus
Write down your seed phrase
And fund your channel with sats …
That’s self custody lightning ⚡️
Then if for whatever reason the channel gets closed( either by you or you peer) those sats go on chain to the address that you have the seed phrase for
If one of your lightning channels closes the sats are sent to the on-chain address associated with your wallet.
Having your own lightning ⚡️ channels used to be difficult
Now with things like breeze or Zeus… a node is running on your phone.
You can open and close channels with ease.
I’m a cold storage maxi to be clear. I wouldn’t want large amounts necessary in lightning channels .
But it can be self custody with lightning.
My bad for trying to educate you. lol
Still seems like you're trying to imply this happens instantly with no on chain transfer, but not actually say it for some reason?