[GeneralQuestions] Is sever side multisig safe? Why have BB and others not adopted it?

Havana offers server side multisig, where the customer and vendor provide public keys and the address is initialized by the market. I assume in case of disputes they do not request private keys but instead sign it and hand off the transaction to either the customer or the vendor to be signed and broadcasted to release funds.

If they require the private keys to be given to them from either party then there clearly is a huge security flaw since it basically becomes centralized escrow under the guise of multisig.

My question is if this is safe why are Black Bank and others who have implemented multisig not switching to this method? It seems when things are done sever side there are places where security problems arise.


Comments


[1 Points] lolnomem2:

my gues is safe as server side pgp