In a recent talk, nostr:npub1s33sw6y2p8kpz2t8avz5feu2n6yvfr6swykrnm2frletd7spnt5qew252p makes the case correctly that we should stop using the term “custodial,” as this is the language that helps the legacy system define self-custody or their term “unhosted” to suggest that owing your own property is somehow not normal or acceptable.
He goes on to say that we should simply call anything where we don’t hold our own keys an account, the same as a bank. But what should we call a “wallet” (also an inaccurate word) where we directly own the asset? I still haven’t found the best way to say it.
I like vault, safe/locker, or reserves.
We want something that captures security, but also accessibility by the owner.
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But what would you call a hot wallet secured with your own keys, including Lightning? That’s none of the words you mentioned.
You could do a QuickVault or InstaVault in the case of a hot wallet.
Or you could change the noun to be informal holders like Pod, Stash, Port(er).
