Post
Topic
Board Hardware wallets
Merits 1 from 1 user
Re: Shamir's Secret Sharing based Wallet - Cypherock X1
by
SFR10
on 23/04/2024, 17:18:19 UTC
⭐ Merited by JayJuanGee (1)
We just announced Cypherock Cover, a non-custodial & non-KYC inheritance-style recovery service for all your Crypto - https://twitter.com/rohanagarwal94/status/1782504675620655176
Would you mind sharing the rough estimates of the costs for both of the plans?

Nominee #2 receives the encrypted message 3 months after nominee #1 receives it, which allows nominee #1 to take precedence in estate recovery but still ensures recovery in case nominee #1 is also deceased.
Am I correct in assuming that there aren't any inactivity checks for nominee #1?
- Not sure if I'm just being pessimistic, but I do have mixed feelings about the second nominee option.

Additionally, the user can also define an executor as part of the setup who does not have any financial stake but can be assigned as a helper by the user in the estate recovery process for the nominee.
Does the executor have a similar set of requirements to the nominees?