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Replying to Avatar noโ‚ฟodyโ„ข ๐Ÿงฑ

Hereโ€™s my serious but also uninformed and retarded understanding

Itโ€™s like a multisig wallet with a fuckton of sigs, so a conspiratorial amount of people must decide together to rug you specifically, in order to be rugged

How this relates to lightning or ecash (which i also donโ€™t understand) i have no idea

But the idea is that it is shared custody of sats, taking the burden off the individual and reducing coubterparty risk by spreading out the custody across many parties

Sounds complicated to me for the individual who is scared to self custody in the first place tbh

Maybe it somehow helps scaling too?

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๐•พ๐–Š๐–— ๐•พ๐–‘๐–Š๐–Š๐–•๐–ž 2y ago

Godddamn thatโ€™s confusing

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