Liquid is multisig to begin with... The point is they're transparent with the security model unlike Ethereum which pretends it's something it really isn't in practice.
(Also, IIRC those backups aren't actually accessible by Blockstream without the functionary giving it to them - they're encrypted so the functionary can't use it alone: it functions as an effective 2-of-2)
Luke Dashjr
npub1lh…aa9nk
2023-08-19 13:27:22
in reply to nevent1q…nxma
Author Public Key
npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nkPublished at
2023-08-19 13:27:22Event JSON
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"content": "Liquid is multisig to begin with... The point is they're transparent with the security model unlike Ethereum which pretends it's something it really isn't in practice.\n\n(Also, IIRC those backups aren't actually accessible by Blockstream without the functionary giving it to them - they're encrypted so the functionary can't use it alone: it functions as an effective 2-of-2)",
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