Topic: Safe adress (Read 746 times)
I see, some of the ideas are kinda similar.
There is a discussion happening on exactly this topic here: https://bitcointalksearch.org/topic/m.2213559
Feel free to read and comment if you wish! I too would love to see some kind of implementation that gives users the option to delay outbound transactions. Several fail-safes would need to be included to make this a fully effective security measure and not one which can exploit transactions or users.
Feel free to read and comment if you wish! I too would love to see some kind of implementation that gives users the option to delay outbound transactions. Several fail-safes would need to be included to make this a fully effective security measure and not one which can exploit transactions or users.
There is quite some talk about safety, so I want to contribute another idea:
Create a second type of adress that acts like a normal adress, but with those exceptions:
When you create the adress, you get a third safety key.
The safe adress will transfer the money like a normal adress, but after a certain delay (2 days?1 week?), if you have private key to this adress you can freeze the adress and stop the transaction whenever you want.
If an adress is frozen, you are able to release all Bitcoins from the safe adress with the third safety key to a new adress.
It may be some extra work, but it would add a new layer of safety for those who want it.
So if your PC is compromised later in the process your coins wouldn't be gone in an instant anymore.
It would be easy to set up an app that would alarm you in case the money is spent from your safe adress.
(Sorry if something like this was already suggested, haven't read that much threads here)
Create a second type of adress that acts like a normal adress, but with those exceptions:
When you create the adress, you get a third safety key.
The safe adress will transfer the money like a normal adress, but after a certain delay (2 days?1 week?), if you have private key to this adress you can freeze the adress and stop the transaction whenever you want.
If an adress is frozen, you are able to release all Bitcoins from the safe adress with the third safety key to a new adress.
It may be some extra work, but it would add a new layer of safety for those who want it.
So if your PC is compromised later in the process your coins wouldn't be gone in an instant anymore.
It would be easy to set up an app that would alarm you in case the money is spent from your safe adress.
(Sorry if something like this was already suggested, haven't read that much threads here)
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