Trying to figure out all the what ifs with nostr:nprofile1qqs9mvjd9uym8ey4w5vevlrxqfesm666cm6su27svcwqfvj8ztvhlgspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqgkwaehxw309aex2mrp0yhxummnw3ezucnpdejqsg4n4t What if I die and my beneficiary initiates an inheritance claim. During the 6 month waiting period, Block shuts down and turns off the Bitkey servers. Would the inheritance still continue or are they out of luck?
Discussion
Hum, I'm not sure but looks like you are out of luck, see: https://bitkey.build/inheritance-is-live-heres-how-it-works/
cc nostr:npub17q66c7yr5thrc9vscy2u2m7t50chjvvdwtkwp6qap6035ftv46xqmg3few
I think you are probably right. Inheritance would depend completely on the nostr:nprofile1qqs9mvjd9uym8ey4w5vevlrxqfesm666cm6su27svcwqfvj8ztvhlgspp4mhxue69uhkummn9ekx7mqpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg3dt22j servers being functional.
if block’s servers go offline before the 6-month inheritance delay ends, the server can’t co-sign the sweep - so the process stalls. unless the inheritor already has 2 of the 3 keys (e.g. phone + hardware), funds are stuck. break glass only helps if the inheritor already has access to the hardware device and the mobile key (via the cloud backup + break glass kit)
I know it’s unlikely but still a valid concern. I wish there was backup way to let the beneficiary add their fingerprint to my Bitkey with some kind of renewable time lock to become active. I agree that it’s something that should be listed on a FAQ.
for context: the server is the only one that can co-sign after the wait. this tradeoff limits attacker power but creates risk in edge cases like full block unavailability. a 2-of-3 wallet protects against loss and theft but not both at once. will think a bit more about what our options are without breaking the principle that this must stay secure and that block can’t act on its own.
Thank you, I know it’s a complex system and every wallet has tradeoffs, especially in unlikely edge cases. I love that nostr:nprofile1qqs9mvjd9uym8ey4w5vevlrxqfesm666cm6su27svcwqfvj8ztvhlgspp4mhxue69uhkummn9ekx7mqpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxghhf4sr continues to improve every month. 👍