Files
zeekayandHanzo Dev 70f6883235 Restore the regulated-markets papers; Lux holds the licences
A July commit removed eight papers on the premise "no license — DEX/non-custodial
only". That premise is wrong: Lux operates an ATS, a broker-dealer, a transfer
agent and a bank, and this material is resold at lux.financial. The merge that
brought main in preserved the removal because the commit stated a reason, which
is how a stale reason outlives the fact it rested on.

Back, at the versions main carried — main never received the removal, so its
copies are the later ones: the ATS architecture, the security-token standard,
smart order routing, institutional custody, MPC custody, post-quantum securities,
the SSB partnership and the CoinBridge brief. 83 files.

Co-authored-by: Hanzo Dev <[email protected]>
2026-08-30 15:58:05 -07:00

49 lines
1.4 KiB
TeX

\section{Conclusion}
\label{sec:conclusion}
%% =====================================================================
Threshold signing eliminates the single-key custody problem for digital
securities. The 2-of-3 architecture ensures that no single party can
move assets (non-custodial), any two parties can sign (liveness), and
key rotation preserves the on-chain address (operational continuity).
HSM attestation adds a defense-in-depth layer without weakening the
threshold guarantee. The construction is deployed on a regulated EVM L1
with native precompile support for efficient on-chain verification.
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\bibitem{cggmp21}
R.~Canetti, R.~Gennaro, S.~Goldfeder, N.~Makriyannis, U.~Peled.
\emph{UC Non-Interactive, Proactive, Threshold ECDSA with Identifiable
Aborts}.
CCS 2020.
\bibitem{frost}
C.~Komlo, I.~Goldberg.
\emph{FROST: Flexible Round-Optimized Schnorr Threshold Signatures}.
SAC 2020.
\bibitem{shamir1979}
A.~Shamir.
\emph{How to Share a Secret}.
Communications of the ACM, 22(11):612--613, 1979.
\bibitem{pedersen1991}
T.~Pedersen.
\emph{Non-Interactive and Information-Theoretic Secure Verifiable
Secret Sharing}.
CRYPTO 1991.
\bibitem{gennaro2020}
R.~Gennaro, S.~Goldfeder.
\emph{One Round Threshold ECDSA with Identifiable Abort}.
IACR ePrint 2020/540.
\bibitem{boneh2003}
D.~Boneh, X.~Boyen, E.-J.~Goh.
\emph{Hierarchical Identity Based Encryption with Constant Size
Ciphertext}.
EUROCRYPT 2005.
\end{thebibliography}