Summary
Ketju does not approve Noble: one Noble Maintenance Multisig can execute arbitrary authority messages, software upgrades, IBC recovery and parameter changes, which fails Ketju’s minimum standard for settlement control. Noble is a chain built to issue assets, and it offers no passive investment. Its current documents describe CometBFT Proof of Authority and no governance module. That concentration is a deliberate tradeoff for regulated issuers. Any review must treat the chain, the issuers and the IBC dependencies separately.
Review triggers
- Ketju publishes a sourced chain grade for Noble with a disclosed validator set, multisig signer threshold, independence map and enforceable upgrade delay
- The Noble Maintenance Multisig loses arbitrary execution, or every privileged action gets at least 7 days of on-chain notice
- The exact client asset and its IBC or CCTP withdrawal route each receive an approved profile and pass a test at the proposed size
- Ketju reviews Noble at once after any authority, consensus, IBC or issuer incident
Facts
- Verdict
- Not approved
- Type
- Other
- Chains examined
- Noble
- Reviewed
- Last confirmed