> Yes, you must have some trust in the ledger owner Then I fail to see the advantage of a decentralised system, as we can let the ledger owner sign each transa

> Yes, you must have some trust in the ledger owner Then I fail to see the advantage of a decentralised system, as we can let the ledger owner sign each transaction, instead of a consensus. > although, as mentioned in another post, depending on the type of asset it may not be such as issue. Can you elaborate or point me to that comment? > Also, we think there is a benefit to payments not being centralised, even while issuance is. For a start, the ledger is signed by multiple parties which increases trust I would consider the ledger owner’s signature more trustworthy than multiple third party signatures. > and resilience against faults (malicious or not). Making it decentralised has a much larger attack (and bug) vector, so I wouldn’t conclude that decentralised in itself is an advantage (which I think is really what you are saying).