
BITWU.ETH 🔆|Jun 11, 2025 03:11
Another real-life version of 'Not your keys, not your coins'——
If you're not active, I'll assume you don't want it anymore!
If you don't move, I'll help you move!
Alby has truly redefined the WEB3 wallet: if I don't use it for a year, I'll confiscate your money. Anyway, I assume you don't want it anymore——
What is a custodial wallet:
Shared custody wallet means that the private key is in the hands of the platform, and the platform can legally deduct fees from the balance. As long as the TOS is written in and the user fails to migrate in a timely manner, it is given operational space.
This is not a malicious hacker at the blockchain level, but a Web2 style "terms trap+implied authorization" - similar to banks deducting small account management fees, but everyone did not expect it to happen in the Lightning ecosystem.
Ably argued that "it has been notified for over a year," but many people still miss it. The email, announcement, and UI prompt links are not prominent enough; From a UX perspective, this belongs to the 'dark mode'.
They write 'inactive fee' into TOS, essentially treating inactive funds as' ownerless assets'; This thing also has similar terms in traditional finance; But in the crypto world, this will be directly interpreted as' official rug '.
This damn thing is jaw dropping on WEB3: if Alby really wants to charge, he should at least pop up another window or extend the grace period before deducting the fee, and provide one click migration/withdrawal, instead of directly "taking the entire balance".
This storm may just be a small news story, but it reminds us once again——
In the world of encryption, true security is often not about technical difficulty, but about human laziness and luck.
Holding the key in your own hands is always the cheapest and most effective insurance.
Now the official has provided a return method to calm public opinion, but it has also given many inspirations to everyone:
one ️⃣ Timely migration to self hosting: If you must use third-party services, prioritize the "self controlled private key" mode over shared wallet.
two ️⃣ Regularly undergo a 'wallet check': even if only a few transactions are made, it is necessary to log in every 3-6 months or simply withdraw funds to a cold wallet.
three ️⃣ Don't be lazy, develop the habit of "reading terms" and "following official channels": it is best to set keyword reminders for updates in project emails, Twitter, and Discord.
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