Yeah this would do it and be scalable. However, a user could share the key with a friend to grant access to the content. Dunno how much that would matter in practice.

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Shared secrets are fine for majority of subscriptions. The owner just needs to rotate the secret here and there.

But we should have a more strict scheme for the authors that are suffering with too many leaks.

can u share your seed with in DM friend LoL ;-)