Hi Michael.

I read the transcript of the Socratic and I have to say that it is quite detailed and touches a lot of problems including the well-known theft/offline problems which also has forms elsewhere such as for passwords.

My question is, do you or anyone else in the Socratic know of any research to this that's don't involve a trade-off of theft or online connectivity?

ROAST and Liquid is perhaps the farthest I know of that addresses this problem, but it's using centralized nodes right now. I was thinking, maybe these federated nodes can be decentralized into a few of these "lite nodes" managed by each service wanting a payment, that make a threshold signature out of many subscribers paying at the same time.

- Ali