(partially) Trusted Third Party
Please don't be allergic to the word "trusted".
In this article, I will explain an important agent in noncustodial #plapps system. There's two types of services in this world
A) Provider Identified Service
B) Anonymous Service
(A) is applicable for almost all corporations and it has "Repeated Game Assumption" which prevents fraudulent behavior due to expected earning by continuing its business.
Only (A) services which Customer Average Value (CAV) is very high - like financial/asset services are the true beneficiary(disruptee?) of virtue of smart contracts.
And all (B) services are of course beneficiary of virtue of those, and (B) can be used for avoiding legal liabiliy
WIP
#todo How can we get consensus of this trust usage modeling? #todo Sum Locked Value is to be possible maximum damage by TTP. She can unlock all locked TXO simultaneously.