Are my assets safe?
Last updated
Last updated
In general, both exchange and lending are build on multi-sig, so the security of multi-sig is the most important thing of service on bitcoin.
So, we need to answer two key questions:
May that platform be evil as part of the multi-sig?
The platform is doing a positive-sum game business which create value instead of stealing money from customers.
The platform should be run by a company with due-diligence jobs done by VC, which make sure that founders and his team will be punished if they do evil thing.
How the platform manage the platform part of multi-sig?
using MPC service to manage the keys
using to manage the keys
The team should provide the best user experience product with the max decentralized techs being used to keep the platform safe, that's how they win the market.