Subject: Re: [bitcoin-dev] trust

From: Adam Back <[email-masked]>
Date: Sat, 8 Aug 2015 12:54:36 +0100

On 8 August 2015 at 09:54, Thomas Zander <[email-masked]> wrote:
> I didn't say off-chain, and gave an example of on-chain usecase with trusted middleman.

That's basically the definition of off-chain.  When we say MtGox or
coinbase etc are off-chain transactions, that is because a middle man
has the private keys to the coins and gave you an IOU of some kind.

Adam