The Lemon Fool

Long Term Storage and Recovery

Sarcophagus is designed to allow recovery at custom intervals, when the payload is available for decryption based on a lack of response from the creator. A more complete backup system than traditional recovery mechanisms.

Digital Asset Protection
Will and Trust
Credential Passdown

etc

Cribbed from a Wired magazine article https://www.wired.com/story/sarcophagus ... to-wallet/ - subscription required.

GrahamPlatt wrote:Sarcophagus is designed to allow recovery at custom intervals, when the payload is available for decryption based on a lack of response from the creator. A more complete backup system than traditional recovery mechanisms.

There are different security models and blockchain abilities.
This method can not yet be implemented upon the bitcoin blockchain. Hence would have to be implemented via a custodian.

The need however is there.
The company that I've heard of in the bitcoin space is
Casa.
https://bitcoinmagazine.com/business/ca ... nal-wealth
Other companies in the space are
Swan and Unchained.
I believe that they all use X of Y multisig where a trusted party holds one of the keys.

FWIW, I have not done much to safely secure my bitcoin for future generations. Until quite recently there really was no need. I'll have to consider the issue and how it related to how much bitcoin I hold.

GrahamPlatt wrote:

Moderator Message:
In view of the site rule

Posting of links to 3rd party sites is acceptable where it is entirely relevant to the discussion. However, any links promoting a 3rd party site are not allowed

I have removed the link to the Sarcophagus site as this might appear to be promotion. The link to the article is fine, and anyone interested should be able to find the company site quite easily.

(chas49)

Long Term Storage and Recovery

Sarcophagus is designed to allow recovery at custom intervals, when the payload is available for decryption based on a lack of response from the creator. A more complete backup system than traditional recovery mechanisms.

Digital Asset Protection
Will and Trust
Credential Passdown

etc

Cribbed from a Wired magazine article https://www.wired.com/story/sarcophagus ... to-wallet/ - subscription required.

Actually, nice idea but not sure how it would work with loads of accounts, brokers etc.

What I liked was the link:

https://www.wired.com/video/watch/neuro ... difficulty


Great idea! Explain concepts at five levels of complexity.

Steve

PS For now, I'm definitely with the 5-year olds!