walletbeat

Some wallets use the label "staking" to refer to the act of handing over your coins to a custodian who will turn around and stake them.

Is this label correct? Staking may have been the user's goal, but the "handing over the coins" part feels too critical to not be reflected in the action's label.

Am I off-base here?

Just Build

Ok I know this is a base space but damn iota with moveVM on the nightly wallet is an incredible experience 

Smooth lighting fast really awesome

This is the video that brought me to this observation.

It calls this action "Regular staking", but doesn't seem regular at all to me.
It also goes as far as calling this action a "position", which feels even further removed from what "staking" actually means.

Contributor @ /walletbeat.

Censorship resistance requires privacy.

This is the video that brought me to this observation.

It calls this action "Regular staking", but doesn't seem regular at all to me.
It also goes as far as calling this action a "position", which feels even further removed from what "staking" actually means.

https://warpcast.com/whatax/0x2eab4c6e

Maybe this calls for a "custodial staking transparency" /walletbeat attribute that rates whether wallets inform users about the risks and trust assumptions they are making as they use such features.

Ha, that's a great analogy. I think we are quite open that staking is a spectrum in the same way we say "not your keys, not your crypto." For example, https://ethereum.org/en/staking/ is quite good at this.
Though I guess your point is that users could be misled into thinking "oh I hit the staking button in my self-custody wallet, I'm solo staking right?" I agree this is bad. I think's it's fine to have a Staking button, as long as there's another page explaining what it does and a checkbox for "I understand the risks."

My gripe is that it is the validator node that is doing the actual staking, not the wallet user; yet it is presented to the wallet user as if they were the one doing the staking themselves. See this discussion thread (and the replies above it) for more on this:

My gripe is that it is the validator node that is doing the actual staking, not the wallet user; yet it is presented to the wallet user as if they were the one doing the staking themselves. See this discussion thread (and the replies above it) for more on this:
https://warpcast.com/dfern.eth/0x5eff6f70

I actually can't follow you 
This is a testnet - with 50+ validators. Staking is done by providing your assets to the validator node. This is necessary to secure the network.

Not sure about your concerns?
You mean like there should be a message, telling you the assets are now leaving your wallet?