I’m very pro Timelocks
Discussion
Coldcards have login countdowns.
Love that feature.
Helps a ton, especially if you don’t have good options to geographically distribute keys
high level, how does that work?
Which part?
The Coldcard Mk4 and Q have the option to set a login countdown. Say you pick 3 days. Next time you go use it, you enter your pin and a 3 day countdown starts. Once the countdown is over you enter the pin again and are then able to access the device and sign transactions, etc.
got it, thanks. dude kidnapped in NYC apt for a week+ earlier this yr (assuming that wasn’t a psyop) would prob argue this feature isn’t perfect. but what is really? finding right risk distribution’s a seemingly endless task
I don’t want a login countdown. I just want the coins frozen / unable to send. I want to be able to see it all.
Yeah that’s a different feature. Try Liana
I’ve never heard it discussed at the hardware level, but maybe I’m just out of the loop? I’ve only ever heard it discussed in regards to implementation on the main chain. Coding this for a hardware wallet shouldn’t be difficult so I’m confused why this isn’t standard. Time references can be block height.
I think overtime time locks will be more common.
It probably makes more sense to implement at the wallet level not hardware signer level.
Not sure what the difference is / what you mean. My premise is do it at the interface. Never touches the chain. The wallet restricts access to sending UTXOs for a certain number of blocks. Basically the ability to lock yourself out of sending on a specific device. It’s super easy to code.