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463 sats \ 0 replies \ @jp 13 Nov 2022 \ parent \ on: Daily discussion thread
Inheritance Plan:
- Hash your seed via Shamir Sharing Scheme
- Place SSS Hash and instructions (with source code) on USB devices
- Distribute USBs to trusted individuals (with individuals who do not know each other)
- Tell friends that, upon request, you have to return the USB (e.g in the event you lose your keys and/or need to recycle new keys). If they do not, they will be banned from the inheritance
- Create a deadman switch that will broadcast an email to seed holders to convene at your place of last known residence exactly 1 month from the message
- Key holders who show up and can present their USB (and can prove the hash) will be eligible for equal parts of bitcoin
Happy to elaborate further on this setup.