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BlockSpaces offers a non-custodial node as part of its Bitcoin Invoicing & Payments offering. In simple terms, “non-custodial” means the seed phrase to the node (and therefore access to the bitcoin in the node’s wallet) belongs solely to the customer. BlockSpaces does not have access to customer funds at any point in time. This ultimately protects BlockSpaces users from errors, bad actors, and other scenarios where customer funds can be lost or stolen.

While it provides protection from adverse events that could result in a loss of funds, non-custodial solutions put the responsibility on the user to secure their fundsseed phrase. For some best practices on securing a seed phrase, check out this Vault12 article on the topic.

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