Subnostr

QnA

a60e79e0edad5100d7543b669e513dbc1c2170e8e9b74fdb8e971afd1e0e6813

Head of Customer Experience @ foundation.xyz | Co-host @ ungovernablemisfits.com | Author @ bitcoiner.guide + hellonostr.xyz Catch #FREEDOMTECHFRIDAY live on Nostr/YT/X every Friday 9AM EST / 2PM GMT ✌🏻

https://bitcoiner.guide

> Moving UTXOs to invalidate each DMTX is also detrimental to privacy if your vault gets automatically and regularly populated with mixed outputs from coinjoin rounds.

Send one vaulted UTXO back into a mixer and it invalidates the whole DMTX. An outside observer just sees a single post-mix UTXO going back for more mixing.

Fair comment. Not nit picking or poo pooing your suggestions BTW.

Just thinking out loud 👍

The UX could be improved, no doubt. But the alternative is inventing a secure, bespoke, posthumous seed-transfer scheme.

At least with DMTX, a standardized procedure could be developed and published in advance. This has privacy implications. Everything has tradeoffs.

The point is that Bitcoin is peer-to-peer, programmable money. It is superior to all other forms in this regard. Your heirs will need to be competent in order to inherit. They should have their own key setup for their level of expertise to receive coin directly.

You've clearly never met my wife 😆

Wow! Stacking Passports!!

Have one on it’s way to my home. Looking forward to trying it.

🔥🔥

You can make a transaction which is only valid in the future by using the nLockTime field. Email the signed transaction to your heir(s). Then, if you die or become incapacitated, all they have to do is wait until the TX is valid, then drop it onto the mempool.

So say you make such a Deadman’s Transaction (DMTX) dated for a year in the future. 10 months from now, you make and broadcast a transaction that moves one of the UTXOs (self-spend). Now the DMTX is invalid because it would double-spend. Last step is to make a new DMTX for another 12 months hence and email it.

Neat idea but quite high maintenance in some scenarios.

Guess that would cover the majority of the stash, but if you're consistently adding to the vault, making new transactions all the time would be a PITA.

Moving UTXOs to invalidate each DMTX is also detrimental to privacy if your vault gets automatically and regularly populated with mixed outputs from coinjoin rounds.

#Bitcoin is the world’s premier value transfer system. You don’t need to invent a seed-sharing inheritance scheme. Just send your heirs Bitcoin to their own wallets.

How do I do that if I'm dead?

Thanks Greg!

What is stopping you from upgrading your #Bitcoin cold storage to multisig?

Inheritance

Congrats on the success!

Thanks mate

Congrats! 😊

Thank you 🧡

GM ☕️🧡

this is great 🥳🍾

I am looking forward to trying out your Passport

🔥

GM 🧡⚡

Ledger fucked up so bad this week that we sold out of Passports in 24hrs.

Our resellers have more stock on the way, and there's plenty of units for grabs in person in Miami. Otherwise get your orders in and we'll ship them as soon as we're able to re-stock.

With the Envoy announcement, new Passport firmware, Passport price drop and selling out of stock (temporarily), this has been the biggest week of our company history.

If you snagged a Passport or even just downloaded our new Envoy app, THANK YOU 🧡

https://foundationdevices.com/passport/

Should be out next week all being well

Feels good to get back to some guide writing! 🤖

His writing is awesome

Goooood Morning 🤙🏼

Today I'm trying out Blixt Wallet .. my first self custodied lightning wallet .. so far, so good🤙🏼

https://blixtwallet.github.io/

Looks great eh!? If you like it and want to see a guide written for it, consider voting for it here.

https://bitcoiner.guide/vote

GM 🧡⚡

"Don't request permission to transact, transact. Dont tinker with the system, supercede it". 👏👏

https://podverse.fm/episode/coCuLszsg

Ledger “innovation” continues to destroy any credibility they ever had.

What the fuck are they thinking?

Are they that stupid? I’m in disbelief.

Every big announcement seems to be a bull run for competitors. 😂

Can confirm we had one of our best sales days of all time.

nostr:npub1s0vtkgej33n7ec4d7ycxmwt78up8hpfa30d0yfksrshq7t82mchqynpq6j nostr:npub15c88nc8d44gsp4658dnfu5fahswzzu8gaxm5lkuwjud068swdqfspxssvx nostr:npub1tr4dstaptd2sp98h7hlysp8qle6mw7wmauhfkgz3rmxdd8ndprusnw2y5g I was just reading the latest Precursor update and saw this little gem:

" * atsama5d27 target support via PRs from Foundation Devices. Xous is now booting on the ATSAMA5D27-SOM1-EK1 dev board!"

Oh boy, what are you dirty dogs up to now?! Two of my favorite hardware projects working together? I can't wait to see where this goes.

Source:

https://www.crowdsupply.com/sutajio-kosagi/precursor/updates/meetups-new-production-and-xous-0-9-13

#plebchain #grownostr #bitcoin

👀

Not at all and you can always book it later if you decide you need it.

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