This podcast is excellent. Vora solves a problem I've been thinking about for a while.
What if bitcoin is **suddenly worth 30 million fiatDebtBucks?**
We will need better security than is available on the market. The idea behind Vora is to create a security company using private contracts to deploy private security in the event of a $500 wrench attack.
It also is private enough to circumvent a bitcoin 6102 attack.
Bitcoin is math and the government has been terrible at math since 1971. They can only makes people who use math more likely to get robbed. Trusted third parties are subject to the same problem, among others I am sure we are all aware of. Vora might fix this.
They are a philosopical company and it sounds something out of The Machinery of Freedom or An Agorist Primer. I'm not a lawyer of course, but it looks like Jesse was.
The details are not on the website yet, but it seems possible. I started testing the Liana Wallet, it looks like it uses a simmilar architecture since they plan to use time locks and 2-of-2 multisig, but I don't know for sure.
Jesse also explains a Diffie-Hellman key exchange that sounds like it could make a very robust recovery system. I kind of imagine this would be simmilar to how the BitKey works, but with verifiable keys.
I'm just speculating, but the possobilities are facinating. MultiSig has come a long way in the last 5 years. I look forward to trick PINS and passphrases that summon a fleet of drones recording a bad guys every move.
