He's not called a "serial entrepreneur" for nothing.
Anyways, it was meant to have multi-layer given the whole SMT sham. But, what do I know? Right?
We even have escrow and multi-sig that was sparsely used, if ever, on the chain.
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I thought SMT was a retrofit, not originally built into the protocol, which is why it's been vaporware.
That, I cannot answer.
All I know is it was on the roadmap in the first year.