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1  Bitcoin / Development & Technical Discussion / Re: Bitcoin Improvement Proposal on: April 20, 2023, 03:14:57 AM
what about this?

bugs in 10% of timelocked transactions?


https://www.coindesk.com/tech/2020/06/01/bug-in-timelocked-bitcoin-contracts-could-spur-miners-to-steal-from-each-other/

2  Bitcoin / Development & Technical Discussion / Re: Bitcoin Improvement Proposal on: April 20, 2023, 03:01:41 AM
...


yeah, sounds like a good plan  Smiley
surprised that it is possible with trezor and electrum, but not with ledger? have to check next time.
atm too lazy to get out the stick...

3  Bitcoin / Development & Technical Discussion / Re: Bitcoin Improvement Proposal on: April 19, 2023, 07:36:13 AM
It's already possible through transaction locktime. Well, locktime isn't something you exactly looking for but it should serve your purpose. Locktime defines a transaction to be broadcasted in a future date, time or after a certain block is mined.
You can learn more about it here- https://trezor.io/learn/a/locktime-in-trezor-suite-app
...
This thread has the similar purpose like you- https://bitcointalk.org/index.php?topic=5287093.0

wow crazy. read a bit, looks promising.
will need more time to go through it all.
thx very much  Smiley

so it looks like trezor and electrum can do it already.
crazy.
talked to ian c rogers from ledger exactly one year ago and he didn't mentioned anything like this...

@jackg mentioned it should be safe until 2050. my daughter would be 40 then.
have to read more...

4  Bitcoin / Development & Technical Discussion / Bitcoin Improvement Proposal on: April 19, 2023, 06:35:05 AM
I have a wish.
I wish that in the future, I can not only choose the amount and address to where the transaction goes, but also the time of execution.
And that I am able to cancel that transaction.
Maybe on the Bitcoin Blockchain.
If not possible, then maybe on the Lightning Blockchain.
This would make the act of heritage so much easier.
I can keep my private keys private.
Forever.
Without that my Bitcoin are lost.

My wish:
I make a transaction of 1 BTC on 1st of July 2024 to the address of my daughter.
And one transaction of 1 BTC on 1st of July 2025.
And one transaction of 1 BTC on 1st of July 2026.
And one transaction of 1 BTC on 1st of July 2027.
And one transaction of 1 BTC on 1st of July 2028.
And so on.
Maybe starting from 2030 only 0.5 BTC. Because the value goes higher and higher with the time.

If I am still alive end of June 2024, I just cancel the transaction of July 2024 and make a new one for 1st of July 2029 or another date.

Like that I make sure that:
1. as long as I am alive I never have to share my private keys.
2. if I die, my BTC are not lost and will go to the person(s) I want.
3. my daughter will never lose all of the BTC because someone scammed her.

If her lover/friend/unknown scammer scams her, she can only lose the BTC for 1 year.
But she will never lose them all.
Just have to wait until next July, when a new transaction arrives.
Maybe I will send every year to a new address.
To avoid that if the seed phrase of the wallet of the year 2024 is exposed, the scammers have no access to the wallet of the year 2025.

That is my wish.
Please devs, do something.  Grin


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