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If the TEE is a black hole, like how Spark says "trust us we deleted the key", a chain node might be able to run autonomously
That's its own type of rug risk because if anything whatsoever breaks, like an outdated cert or corrupted file, no one can fix it
Lightning nodes are too high touch to be a black hole
Since hosted chain wallets are useless given self-hosted chain wallets don't have the same infrastructure overhead of lightning, that's purely masturbation. Sats can't trustlessly be credited via LN deposits.
no one can fix it
That's the big red flag to me. Wither it is true or it is ruggable. And if it is true, who is going to feel comfortable leaving trusting sats to this?
Plenty of rubes to buy bs and follow hype
True of ecash generally
I don’t think anyone serious. Ecash has been available for years and no one of substance uses it.
I dropped an ecash nut in the saloon for a whole year and ran into issues with that experiment.
Would it not be possible to run a mint in a TEE and let people have their non-trusted exit via an onchain transaction? this of course would mean they would need to keep a balance large enough to make an onchain transaction (but this is similar to other trustodial setups like Spark and Ark, I think).
Also, what about running the lightning node in the TEE as well?