dumb question but what stops unchained and the lender from playing games w your btc in this 2 of 3 setup? does one key have to be yours? how do we confirm that the other 2 can’t transact with their keys only?
Discussion
Not a dumb question. The other two could do that, but since they are both highly regulated entities it’s unlikely they would collude like that.
That said,
Not your keys
Not your coins
remains true.
You are 100% trusting third parties with your corn when you hand it over as loan collateral.