Interesting.. does it have a deadman switch or decaying requirement of keys? How do you prevent 2 key holders colluding for example?
The main levers you have to work with are the number of keys you create and the number required to open the vault. So if you are worried about two key holders colluding you can set the required threshold for decryption to 3, or whatever number you want.
It's not a traditional dead man's switch, but it's a tool you could use to set up a social version of the same thing. You'd instruct your key holders not to open until you are dead, and then choose people you trust to honor that. That's exactly my primary use case actually.
I've never heard of decaying key requirements. Is there existing cryptography for that? This is build on Shamir's Secret Sharing algorithm and NIP-59 gift wraps.
It's not a traditional dead man's switch, but it's a tool you could use to set up a social version of the same thing. You'd instruct your key holders not to open until you are dead, and then choose people you trust to honor that. That's exactly my primary use case actually.
I've never heard of decaying key requirements. Is there existing cryptography for that? This is build on Shamir's Secret Sharing algorithm and NIP-59 gift wraps.
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