Hey all, I had a random idea and I’m curious if anyone’s tried something like this. Please, no “just use Coinbase” or “2-of-3 multisig” replies—those aren’t what I’m talking about.
Imagine a Bitcoin wallet with an
Emergency Access feature, kind of like Proton’s system for email/files:
- You pick a handful of trusted contacts (friends/family).
- If something happens and you can’t access your wallet, they can request access.
- There’s a wait period (a few days?)—during that time, you could approve or deny. If you do nothing, access is automatically granted.
- Ideally, it would preserve maximum security, so your keys aren’t exposed unnecessarily, but the funds are accessible to your trusted people.
I know it sounds wild—maybe it requires some kind of clever cryptography or smart contract wizardry—but I wanted to put it out there and see if anyone has brainstormed anything similar.
Again: please skip the standard “use multisig” or “use Coinbase” responses—looking for something genuinely new or creative.
Why not keep the keys where you are the only one that can access this, and very accessible for you , why you need friends, this supposed to be anonymous, do you wan't to expose to others funds, actually this will encourage crime, what if they found out you have lots of money and they wan't to take it, this will put your life in danger, i would not suggest this things, even in centralized exchange, this is not how it works.