Post
Topic
Board Bitcoin Discussion
Re: Do you guys think that there will be a new technology to recover lost of Bitcoin
by
bangjoe
on 08/03/2023, 17:50:41 UTC
A lot of people posting that they successfully recover their funds for along time but how about those who have lost their Bitcoin? Is it possible in the future that there will be a technology that is specialized in recovering lost in just a matter of minutes or an hour? But on the other side Bitcoin holder are in trouble too as their funds might also be vulnerable and be compromise.
Please more answer to do this please.
It's possible if the bitcoins are on the Centralize Exchange, there are many ways for recovery and can be negotiated, but if the Centralize exchange refuses, chances are they are using the Bitcoin in your account wallet. But bitcoins that stand on a decentralized network where usually the owner is in full control of the wallet I don't think has any hope of getting your bitcoins back if you forget your seed phrase.
We don't know how crazy and how sophisticated the technology will be in the future, but in my mind it's absolutely impossible, even if it were possible the funds in dead wallets could be withdrawn.