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✳️ dcposch on daimo
@dcposch.eth
What counts as self-custody? I've seen orgs ship what's effectively a 2-of-3 multisig or MPC where they keep 2 of the 3 shares. While arguing that this is still noncustodial for legal purposes! This allows nice UX like phone or email recovery. No judgement, just curiosity: does that work?
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trevor
@trevoranon
it only counts as self custody if signatures require the user if there is any ways for signatures to be signed without the user’s input then it’s custodial this includes systems that rely on secure hardware (sharing the hsm flips malicious) and auth (who controls the auth server?) 2-2 or bust
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