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Adam Dunlap ⚡️
1777efbf138ae3d192fc336bd16ddbe3897f512b932a6aa5c7580d3299cd6bc4
BTC class of 2017. Creator of the Dunlap Delay financial metric. First person* to suggest variable time locks for hardware wallets. Looking for my place in the Bitcoin world.

I’ve saved a few. Maybe 5% I got fully in the life raft, and another 5% I only got to put a life vest on but at least it’s something. Titanic sinking so slowly that most done care.

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.

The fundamental power of wealth is its ability to simplify one’s life. Few wealthy people understand this.

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.

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.

Really? Will pick one up and play with it. I am shocked this isn’t standard on all hardware wallets. I wrote Trezor and they didn’t reply. I wrote cold card and they said “we are working on the idea.”

Vexed by the choke points.

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You can be better.

Why aren’t you?

The solution to wrench attacks is for hardware wallet providers to integrate variable time locks on their devices.

Imagine setting a 7 day / 30 day / multi-month / year+ time lock directly on your Trezor. You can always reset by wiping device and using recovery seed. Base layer doesn't need to be involved. Store recovery seed in a 2nd location.

This allows for various seed storage options while also eliminating the need to trust a 2nd party when doing it. Multi-sig? No longer needed either.

No one needs access to all their Bitcoin 24/7. People just need the ability to get to it within a reasonable time frame. Wallet level time locks give hodlers this optionality while basically eliminating one of the scariest risks of self-custody.

Is the primal algorithm oriented against doom scrolling or is there just not enough good content here?

Asking for a friend.

I'm new here. Trying to figure out all the features, and bouncing between web and app versions. Anyone have any ideas or tips on navigating and interacting in this place?