Read_642 – Losing Your Keys Without Losing Your Coins [Block]

“These two jobs are almost always in tension. Any added protection to keep a bad actor out adds a risk that it may also trip up the owner, and any new backup or alternative way to access creates a new potential security hole.” – @max_guise

Today we dive into a practical piece on how to build a unique self custody model that allows the user room to make mistakes, but still retain control, or the ability to recover their funds. Safely storing Bitcoin keys can be incredibly challenging and the unforgiving nature of the Bitcoin system is intimidating to new users who can find themselves trusting a custodian, out of fear of making a mistake when holding their own keys. Block, Inc is thinking about this problem in unique ways to bring self custody to the average user, and leveraging Bitcoin’s tools to accomplish it.

Check out the original article that includes links for diving deeper and following or contacting the team on social media to learn more. If you have any thoughts on the questions proposed at the end of the read, be sure to reach out to them.

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