By KDW

by KDW - 2018 years ago

Idea for Bitcoin Theft protection (timelock plus)

With time locked bitcoin a thief cannot steal your bitcoins right away but has to wait till expiry. But then both him and you are in possession of the priv key, so there is a 50% chance that the thief gets the coins. Improvement idea: a special key or key combination is allowed to spend the coins 1...