Subject: Re: [bitcoin-dev] Scaling Lightning With Simple Covenants

From: ZmnSCPxj <[email-masked]>
Date: Tue, 19 Sep 2023 07:44:48 +0000

Good morning Erik,

> > replacing CTV usage with Musig2
> 
> 
> this changes the trust model to a federated one vs trustless and also increases the on-chain footprint of failure, correct?

As I understand it, no.

MuSig and MuSig2 are n-of-n signing algorithms.

The implied usage is that all entities `A_i` for all `i` and `B` dedicated LN node are in the n-of-n set.

The argument that 2-of-2 channels are non-custodial and trust-minimized extends to n-of-n for all n.

Regards,
ZmnSCPxj