thebitcoinhole on Nostr: I would like to hear the opinion of the Bitcoin community. While I was researching ...

I would like to hear the opinion of the Bitcoin community.

While I was researching different assisted wallets for The Bitcoin Hole, I came across a case that I'm not sure how to categorize. Here's the scenario:

An assisted wallet, where the owner and the service provider need both to sign a transaction to move the funds. You can think this a 2-of-2 multisig, where the service provider has one key and the owner the other. However you can also implement this with MPC (Multi-Party Computation). The implementation is not the issue.

I define something as "non-custodial" or "self-custodial" when these two conditions are met:
1- The provider can't move the funds without owner's permission.
2- The owner can access its funds without the provider's permission.

In the previous case, condition 1 is satisfied, but condition 2 is not. So, my conclusion is that this assisted wallet can't be categorized as "non-custodial" or "self-custodial".

Some questions I have in my mind:
- Is my conclusion correct?
- Is there any difference between "non-custodial" or "self-custodial"?
- Since the assisted wallet in this case cannot be considered "custodial" (as the provider cannot move the funds without the owner's permission), how should it be categorized?

lunaticoin (npub1yn3…mzt0) ODELL (npub1qny…95gx) jack (npub1sg6…f63m) NVK (npub1az9…m8y8) Leo Wandersleb (npub1gm7…8rf6) multicripto (npub12aq…dvgy)