Crypto inheritance: Are HODLers doomed to depend on centralized choices?
Self-sovereignty is a core precept within the cryptocurrency house: Traders have to depend on a trustless, decentralized community as an alternative of a central entity that has been identified to devalue the holdings of others. One shortcoming related to self-sovereignty, nevertheless, is inheritance.
An estimated 4 million (BTC) has been misplaced over time and now sits in inaccessible wallets. What number of of these cash belong to HODLers who handed away with out sharing entry to their wallets with anybody else is unknown? Some consider Satoshi Nakamoto’s estimated 1 million BTC fortune hasn’t been touched for this very purpose: Nobody else had entry to it.
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