I repost this that I wrote some days ago, because in that period I hade "only" 80 follower and now I'm running for 200 (thanks!). I keep thinking about it and I really think it should be a concern for everyone.
So if you haven't read before, scroll down till CRYPTO WILL and then scroll up again and go on :P
NEW
For who read my first post, and could be interested, I can say I will post something with a graphic draft of what I imagine as soon as possible, so we can discuss better. In the while there's the skeleton:
USER
- Setting
TTL: Time To Live (i.e. 7 days) The time you decide to release your will if don't stop request.
Advices: To stop request, set how many emails, sms, ecc receive - Create Will
Type: Only one successor / Group of successors (multiple request procedure)
Method: Crypted Online document, Textmessage with instructions, Keystore/password, ...
Protections: ...
SUCCESSOR
- Setting
Follow instructions when user set you as successor - Request
Wait for TTL
Solve protections setted by user (and you)
Have will
Hope in your impressions and ideas. Really very appreciated.
Steem on!
[OLD ARTICLE HERE]
CRYPTO WILL
I've been in this crypto adventure since a couple of months only, I'm investing money because I really believe in it, but now that my wallet has reached a certain value, I wondered what to do if something happened to me...
It's not an easy topic to tackle, but I think anyone in my situation should think seriously about it... before to leave so many ghost wallets.
I think many of you could be in my situation: I live with my wife who, while using both internet and computer, is completely ignorant about crypto coins... I have tried to explain something to her sometimes, but I understand that those who are not fully involved as us are bored easily and can not understand their value and concept.
Sure I can leave her some (many) notes, folders, key, signature... and then? what can she do? Kinda nothing...
THE IDEA
I'm a programmer, and I'm thinking about the idea to make a website, based on smart contracts, in which a user can define a successor (wife, son, cat...), certifing him/her with a series of authentication and let anything could help to become owner of wallets.
I know it's really difficult to trust in it (also if blockchain controls) and so I think to exclude that users would leave important things like keystore, passphrase or seeds... but the use could also be something like: "Love, you can find all about my crypto in the yellow box in the wardrobe in bedroom" or maybe you can upload a map that only you and wife knows about, and so on.
RECOVER REQUEST
The mechanism could be that after my death (really hope later than bitcoin death :D ) my wife could go to that website and do the request procedure to recover all I left her. This request would be pending, I would be advised with email, sms, etc and would be waiting for a cancel confirmation for some days (the time that I setted before) to prevent unwanted attempts before death :D
After the expiration of time (silent assent), if I have not canceled the request, I will be considered dead... :( so the procedure could go on, and my wife can have the informations I left her, recovering with the series of authentication we did at the beginning.
BUSINESS WAY
It could be also a business, maybe with a small fee to subscribe and have the possibility to create a crypto will.
But also selling something like a basic pack, a box (with a lock) with a clear crypto manual, with basic knowledges about coins, wallet (and all that can serve), maybe hardware wallet to store coins, or simply some usb keys to store all the owner want to leave.
What do you think? Could be a nice and useful idea? Let me know...
Steem on!