Frequently Asked Questions

version 1.0

 

FAQ

 

1)  What is the legal status of a cryptographic trust?  

Merkleroot.info does not provide legal services.  Instead we provide the underlying layer of secure asset management that can be part of any legal entity as appropriate for your jurisdiction.  We don't hold any keys or funds on your behalf as we are not a custodian, merely a management service.  Trustees are free at any time to seek other management services or to move funds as they see appropriate and drop any services from merkleroot.info.

2)  What assets can be managed?

Current asset management is limited to Satoshi based public coins, as these have the most robust multisignature system.  However we are in the process of implementing sesrvices on other public coins such as Ethereum and other token systems.

3)  How much do you charge for your services?  

Trust management services are billed according to the time spent and the agents involved.  For further inquiries please contact our team directly.  

4)  Who can create a cryptographic trust?  

There is no minimum fund limit nor restriction of any kind as to who can create a cryptographic trust.  

5)  Why should we trust you?  

There is no need to trust any of our agents.  We never hold or request private keys nor request that funds be moved to addresses we control.  All fund disprersement is verified and signed by the trustees.

6)  What happens when a trustee passees on or loses a private key?  

If a trustee is no longer available to perform their duties then a new trustee can be appointed by the remaining trustees.  New keys can be created and existing funds moved to the new address controlled by the new keys in a redundant manner.  Regular upkeep demonstrates which trustees have held their keys properly, and any suspicion of a key being compromised can be handlied via creation of a new key to replace the old one.  

7)  Why do we need trust management services?  

Proper management of a cryptographic trust requires regular communication and coordination of trustee activities.  This can be tedious for a benefactor to carry out and can result in conflicts of interest if carried out by a trustee.  It is simpler and more efficient to employ a manager.