Custodial wallet is a bank. Why do we call it a wallet? Node on phone is not a node. Why do we call it node?
It is a node though…
If I do not own the seed that those "my" channels are on, then it is not a normal lightning node. It is just a noKYC "custodial lightning wallet" with a gamification element of basic control of channels.
But you do own it.
Apologies if I mislead then. I installed Zeus and it looked like the node is ready for me to upload bitcoin and create channels. I did not go further, because it looked like I will not get the seed. Don't know if this could scare away others, too.
It's a big wallet conspiracy man!