0 sats \ 0 replies \ @toyota_corolla0 25 Apr \ parent \ on: "Federated" is nomenclature used by scammers to mislead the non-technical bitcoin
If its not multisig, then that defeats the whole purpose of a federation.
The client can broadcast their transactions to multiple guardians to mitigate transaction censorship from malicious guardian.
Federations are just another way to run custodial bitcoin. They have a different trust model than the traditional single custodian controls everything. They still require total trust that a group of the guardians won't go malicious.