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In 23 days, the infamous self-proclaimed Bitcoin inventor Craig Wright will allegedly receive 1,100,111 BTC from a trust purportedly held in Seychelles. In fact, many Wright supporters and BSV proponents wholeheartedly believe Wright will “gain complete ownership of the trust,” and to a few of these individuals, the funds could be used to bring the […]
The post 23 Days Until a Bonded Courier Supposedly Delivers Keys to $8 Billion in BTC appeared first on Bitcoin News.
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A firm called Vault12 launched its new passkey security solution for cryptocurrency assets. Vault12 is an application that allows people to enlist their trusted friends and family members to help safeguard their assets. According to the project’s creators, the new application leverages the cryptographic algorithm Shamir’s Secret Sharing which allows keys to be split in […]
The post Trusted Friends Can Become Crypto Custodians With the Vault12 Platform appeared first on Bitcoin News.
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When an individual first joins the cryptocurrency economy and obtains their first bitcoins, at times the process can be daunting. Most veterans will often tell newcomers that they need to secure their coin’s private keys in order to enjoy sovereign ownership. However, most people are not taught how to keep their 12-24 word seed phrase […]
The post Shamir’s Secret Explained: Distributing a Seed Phrase Into Multiple Parts appeared first on Bitcoin News.
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