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42 sats \ 0 replies \ @ca 14 Oct \ parent \ on: DISCUSS: saying "hold your own keys" is similar to "run your own email server" bitcoin
I would argue it's more like running an email server.
No other password requires maintenance because he can be forgotten and reset.
Even running an email server is easier than self-custody. Because you can reboot it.
No. You don't need to preserve a password with the same level of thought.
You can:
- Lose it and still have access to the website
- Reset a regular password
- Lose an account that can be recreated with no loss
- Call customer support
- Only lose data, not money
Wildly different barriers to adoption.
It's just saying "making it even easier for developers". Generic.
Is the added benefit the fact that you provide bindings for all major languages?
Or does it go beyond that?
Can I already receive an API key and play with Breez+Spark today?
None of these things are as secure as self-custody.
Chances of getting the ₿1 stolen are actually deceptively high. Good luck OP.
It seems like you don't have an engineering background because you mention "security" feature that are actually not secure for storing something as vital as bitcoin, e.g. passkeys.
Our conversations in this thread are irrelevant.
We are as far as possible from the normies. We don't understand the mainstream brain.
Bitkey is the easiest for non Bitcoiners. Multi-sig, but great UX for non tech-savvy people. The only product I could recommend to the normies in my life and feel confident they wouldn't screw up.
It has Bitkey Inheritance built in.
You don't understand it.
The receiver likely generates a new address each time.
When you ask someone for an address, the person will give you a virgin address.
The attacker wants to know THE OTHER addresses of the victim.
When the victim spends from that wallet the virgin address and the others will become visibly linked so that you know more about the victim's true bitcoin balance