Rusty Russell on Nostr: Liquid is a "trust someone" solution. There are precautions to avoid targeting ...
Liquid is a "trust someone" solution. There are precautions to avoid targeting particular users (confidential amounts and assets) similar to ecash, but it's still a custodian.
We can certainly argue it's a "good enough" custodian, given the number, reputation and legal consequences of failure, but it's still a custodian.
Published at
2024-07-31 09:24:55Event JSON
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"content": "Liquid is a \"trust someone\" solution. There are precautions to avoid targeting particular users (confidential amounts and assets) similar to ecash, but it's still a custodian. \n\nWe can certainly argue it's a \"good enough\" custodian, given the number, reputation and legal consequences of failure, but it's still a custodian.",
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