Here is a slide from @wminshew's presentation at the @neynarxyz x @usv event last week.
This is how Splits Teams manages to be secure _and_ noncustodial _and_ easy to use. 🧵

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Original article | Odaily Odaily(@OdailyChina)
Author｜Azuma (@azuma_eth)
In 2014, CZ, who had only been exposed to the concept of cryptocurrency for a year, made the most daring investment of his life—selling his apartment in Shanghai and "All In" on about 1,500 BTC for a three-figure price. Twelve years later, if CZ had never sold, this investment would have brought in a substantial profit of hundreds of millions of dollars (peak return of about $189 million).
Compared to the later establishment of Bina...

The day CZ missed his best investment, Crypto missed out on AI.

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The rest of the Team's tree can then be updated freely and fearlessly with Merkle transactions and gas paymasters.
No matter what state the tree is in, when you expand to a new chain you can resync the entire tree with a single Root transaction 🌳

Obvious downside: can't change the Root signers! This is annoying, but acceptable in the short term.
Teams can decide what security model they're comfortable with re: unique signers and thresholds.
And most onchain startups founders are familiar with securing seed phrases, etc.

A few more caveats and complexities from @wminshew's notes 🧐
This is the nuance behind the seamless UX.