Quote from: Royse777 on May 13, 2019, 07:41:14 PM

Quote from: EcuaMobi on May 13, 2019, 07:35:02 PM

This has been suggested several times and I think it's extremely important. I see it as essential for the forum's funds security and I don't see any disadvantages at all. Current treasurer OgNasty agrees multisig should be used.

I would suggest choosing several very trustworthy users and creating x-in-y addresses, where x is at least 3 (to avoid collusion) and y is at least x+2 (to avoid an accident to lock the funds). 4-in-7 addresses could be a good option. Theymos, is there any reason this hasn't been implemented yet? What are the disadvantages? Funds have been lost and more could be lost in the future.

This will be a very good step to secure the forum funds. It has a cost. I know OG gets 0.5BTC meaning more key holders, more money to pay every month.

So, considering the expense, I think 2/3 Multisig wallet/address will more than enough.

Thanks for posting this topic. Someone had to create a topic for this.

-- Wait 0.5BTC a month?

How much BTC exactly is he holding? I thought it was somewhere around the 500BTC mark, right?

That's ~0.1% a month (and incrementing each month in % of total.). Seems totally insane to me, or am i missing something?

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https://bitcointalk.org/index.php?topic=155000.0

Code:

Person Amount Fee (monthly) Next fee payment Address
paraipan 250 0.208 2014-04-19 1PFkqgBBrSKikyyUGDerZMfzvCNPgKrR3o
OgNasty 500 0.5 2014-11-22 1Eog8UqRFLufC71rBLt2nYgfUDskgxAyVF
theymos varies 0 - 19XTo6BHpPHSkW5cm183VrgEYpGjVJmQEt, et al.

Cool stuff. That's a decent amount of money for just holding an escrow. I'm guessing it was a lot less at the time, and never got readjusted.

Quote from: Royse777 on May 13, 2019, 08:03:44 PM

-x-

+1