0 sats \ 4 replies \ @gatto OP 26 Apr \ parent \ on: Something about Bitcoin that scares me security
collaborative custody? like a third party (for example a company) that has to be involved for payments?
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15 sats \ 1 reply \ @netstatic 26 Apr
Yes, for big payments at least. It makes sense for there to be a larger wallet for savings and a smaller wallet for payments. The larger wallet can be secured with a 2-of-2 that turns it into a 1-of-1 after some agreed to amount of time. This would allow the company to protect against key theft while still allowing the owner of the funds to move their stack if the company goes MIA.
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2 sats \ 0 replies \ @gatto OP 27 Apr
great solution... and it doesn't seem too complicated!
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5 sats \ 1 reply \ @Arceris 26 Apr
Potentially, think Unchained. There are many ways to make it work.
Also, I’m including a situation where collaborative custody includes maybe a family or business.
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0 sats \ 0 replies \ @gatto OP 27 Apr
ok, this is a good solution that calms my doubts!
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