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Merge pull request fedimint#14 from NicolaLS/patch-2
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Update 04-TechCompontents.md
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humansinstitute authored Sep 15, 2022
2 parents 3b12daa + 2fae032 commit 07c1be0
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Expand Up @@ -46,7 +46,7 @@ By federating the operation, Fedimint gains several advantages over single serve

1. The bitcoin held in the mint is never subject to the control of a single individual making it harder for a corrupt guardian to steal funds.
2. Increases redundancy as guardians can go offline and transactions will still be processed where a quorum is reached.
3. Changes the regulatory space of the federation as now single individual controls coin issuance and redemption.
3. Changes the regulatory space of the federation as no single individual controls coin issuance and redemption.

This replicates the best practice model of multi-signature custody, used in exchanges and custody providers globally.

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