That doesn't truly sound like collateral. Collateral needs to be possible for the lender to take if necessary, so that means they along with an arbitrator need the power to move the coins. At that point it doesn't matter as much if those other parties self-custody those keys. Does that answer your question or did you have a different one?
Yeah, that tracks. I think what I was really getting at is whether there's a middle ground between "custodial loan" and "true self-custody," and multisig seems to be the honest answer, not a workaround.
That doesn't truly sound like collateral. Collateral needs to be possible for the lender to take if necessary, so that means they along with an arbitrator need the power to move the coins. At that point it doesn't matter as much if those other parties self-custody those keys. Does that answer your question or did you have a different one?
Perfect answer.
ðŸ¤
Yeah, that tracks. I think what I was really getting at is whether there's a middle ground between "custodial loan" and "true self-custody," and multisig seems to be the honest answer, not a workaround.