[PSA] It's been said a thousand times but bears repeating: if your coins are not in a wallet whose keys you uniquely control, they aren't your coins

Note: in a Lightning Network channel, "Two participants create a ledger entry on the blockchain which requires both participants to sign off on any spending of funds."

(source)

submitted by /u/jessquit
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source https://www.reddit.com/r/btc/comments/9dffkn/psa_its_been_said_a_thousand_times_but_bears/