38 sats \ 2 replies \ @nym 24 Apr \ on: "Federated" is nomenclature used by scammers to mislead the non-technical bitcoin
Great post. I get this feeling from it now also until it is more mature and secure.
Thanks, but even though the software may improve it's always going to be an obfuscated 1:1 trust relationship masquerading as a quorum.
There are ways to fix that I can dream up, but the performance and UX trade-offs would be so bad it would favor self-custody from the jump.