Trust Models (refer back to this when someone claims their thing is “non-custodial”, note that privacy is a different spectrum)
* Holding Funds On Chain
* Trusting you can get a transaction confirmed in some time horizon where your balance is way higher than the on chain cost (LN)
* Trusting you can get a tree of many transaction confirmed in some time horizon where your balance is way higher than the on chain cost of the whole tree (in-round Ark for high-ish balances, rollups for *very* high balances after some future soft-fork)
^ non-custodial
v custodial
* Trusting you can get a tree of transactions confirmed in some time horizon where your balance is similar to the on chain cost (in-round Ark for moderate balances, rollups for most folks after some future soft fork)
* Trusting 1-of-N with keys (rollups with BitVM)
* Trusting N-of-M to do something honestly once in a TEE (statechains maybe?)
* Trusting N-of-M to do something honestly once (statechains/statechains-on-Ark)
* Trusting N-of-M with keys (Liquid, Fedimint)
* Trusting 1 entity with keys (Cashu, Coinbase, …)
matt / Matt Corallo
npub185…swrdp
2025-02-25 20:05:35
Author Public Key
npub185h9z5yxn8uc7retm0n6gkm88358lejzparxms5kmy9epr236k2qcswrdpPublished at
2025-02-25 20:05:35Event JSON
{
"id": "200bad0f4629889b61663d3d64bb561188315dd476c3408a78db79fca4eb2dff",
"pubkey": "3d2e51508699f98f0f2bdbe7a45b673c687fe6420f466dc296d90b908d51d594",
"created_at": 1740513935,
"kind": 1,
"tags": [],
"content": "Trust Models (refer back to this when someone claims their thing is “non-custodial”, note that privacy is a different spectrum)\n\n* Holding Funds On Chain\n* Trusting you can get a transaction confirmed in some time horizon where your balance is way higher than the on chain cost (LN)\n* Trusting you can get a tree of many transaction confirmed in some time horizon where your balance is way higher than the on chain cost of the whole tree (in-round Ark for high-ish balances, rollups for *very* high balances after some future soft-fork)\n\n^ non-custodial \nv custodial\n\n* Trusting you can get a tree of transactions confirmed in some time horizon where your balance is similar to the on chain cost (in-round Ark for moderate balances, rollups for most folks after some future soft fork)\n* Trusting 1-of-N with keys (rollups with BitVM)\n* Trusting N-of-M to do something honestly once in a TEE (statechains maybe?)\n* Trusting N-of-M to do something honestly once (statechains/statechains-on-Ark)\n* Trusting N-of-M with keys (Liquid, Fedimint)\n* Trusting 1 entity with keys (Cashu, Coinbase, …)",
"sig": "b6b7f5772f87defa31781ab6bd5a1ea2429ae36c59abd3afd4c067bd9453a1475d1dedf95ebc57fcaa4b5d00dfef5f157f3ee43107144fc350cc517de1c32859"
}