into a multisig contract
This isn't exactly "without giving up your keys".
of course it's not. you have to transfer your btc to a multisig address. that's how discreet log contracts work.
I could not find a lot of information in their blog as well. They have mentioned something about "discreet log contract" but didn't explain in details.
They don't have to. DLCs are explained elsewhere.
That sounds too good to be true Grin
what about it sounds too good to be true?
You can not keep your Bitcoin or any coin in an airgapped wallet and earn interests. If you want to earn interest, your coins must have some sort of roles and you have to accept risk and interest you get in return.
right but theoretically, discreet log contracts eliminate counterparty risk.
why someone would get excited about making $6 per day (for 10 days) of taxable income while limiting their upside potential on their 1 btc is kind of hard to understand though. plus it will cost them probably at least $6 to transfer into the DLC and another $6 to transfer out of it. bitcoin transaction fees being what they are... plus of course you would run the risk that the entire thing just doesn't work and your btc gets stuck in a contract you can't get it out of. i guess that kind of thing can happen but its probably low probability.