4 ms·
Unless the 'someone else' is a multisig consisting of a mixture of friends & relatives, instutitions and hardware devices.
by delaaxe 5y ago
Unless the 'someone else' is a multisig consisting of a mixture of friends & relatives, instutitions and hardware devices.
- uh_uh 5y agoAnd this is something that could power reversible transactions as well which I think is a current, but solvable problem of all crypto platforms. What you are proposing is actually a lot better than the tech we have now. If I ever lose my Google login and their customer service does not want to deal with me then honestly, I'm not sure what I'd do. I'd rather trust my friends and family to help me out than FAANG.
- pavlov 5y agoAn exciting new set of attack vectors and failure points foisted on people who mostly can’t understand what a safe URL looks like. When my partner clicks on a phishing link, not only are they exposing themselves but potentially also my identity in this multisig world.
- _jal 5y agoAnd those institutions where everyone knows you go to register and hardware devices everyone trusts don't exist, so you're back to > doesn't seem to solve meaningful, mainstream problems yet
- arcticbull 5y agoThat's honestly the worst solution I could think of, and not one I would ever want to rely on. Not for me, not for my family, certainly not for my parents.