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If you don't trust the bill, scan it to validate the multisig, re-key the note or cut the note to claim the Bitcoin. If you can't validate the note, don't accep
by ccamrobertson 4y ago
If you don't trust the bill, scan it to validate the multisig, re-key the note or
cut the note to claim the Bitcoin. If you can't validate the note, don't accept it.
We don't store key material. We have 0 capability to spend any Bitcoin from the notes.
- beambot 4y ago> We don't store key material. There's the centralized trust... How can you prove this?
- ccamrobertson 4y agoWe can't prove a negative, but we can prove that we can't spend the Bitcoin based on the construction of the multisig which the user sends funds to. I primarily state that from the regulatory perspective; we explicitly don't want to be a custodian.