'Understanding Decentralized Crypto Custody ' blockchaintechnology blockchain
assets and custodians in several groups, where each group consists of a few custodians and fully controls a particular portion of all assets under custody.
How we authenticate custodians . For example, the authentication of each custodian group can require the consent of ⅔ group members , which can be obtained through voting or signatures collecting;What would be the protection against an assh… a malicious custodian,The collective work of the custodians can be facilitated by self-executing tamper-resistant algorithms to exclude any malicious interference. The use of smart contracts apparently seems organic here.
Custodian services are primarily wired for institutions that work with large amounts of funds. Herewith, in some particular cases, institutions are evenwhy do I need a deCustody if I can store my funds with a non-custodial wallet?!
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