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> Only in a context of mutual absolute trust, in both honesty and security competence. Not at all, look up multi-signature addresses. There are addresses where
by ric2b 9y ago
> Only in a context of mutual absolute trust, in both honesty and security competence.
Not at all, look up multi-signature addresses. There are addresses where you need N-of-M signatures to move the coins.
So for example you could have a 6-of-10 multi-sig wallet for a company, so that a majority of the executives were necessary but the money wouldn't be lost if up to 4 of them lost their keys or went rogue or whatever.