Replying to Avatar Toxic Bitcoiner

Fedimint?
Avatar
utxo the webmaster 🧑‍💻 2y ago

Still a custodian and a single ln node at end of the day. Better than using WoS or alby tho 🙏

Reply to this note

Please Login to reply.

Discussion

Avatar
Toxic Bitcoiner 2y ago

No more of a custodian than Liquid is. Probably much less of one actually.

Avatar
utxo the webmaster 🧑‍💻 2y ago

Liquid requires 11 ppl to collude to steal coins.

Fedimint only needs a single macaroon to leak to drain all the channels. Multisig doesn't help

Avatar
Donask_1 2y ago

But if this non sense on the main chain continue u will use them no ?

Avatar
Gildong.Hong 2y ago

Wrong. They doesn't require 11 keys to rugpool, because there is a BACKDOOR.

nostr:note1u25r5kvmxtcn30cjjuek4dfaajvws36jd2n80w8p8mdpmcw3dlqssgtnu2