• jdeath@lemm.ee
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    8 months ago

    yeah on top of that, if your computer breaks or something now you lost all of your keys.

    say goodbye to whatever you own on the blockchain when the keys are gone. poof!

    this is the biggest problem with any scheme tying private keys (digital) to anything in the real world.

    • wise_pancake@lemmy.ca
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      8 months ago

      Once my mom threw out all the cases for my computer games and put all the disks into a cd binder to save room.

      It was devastating.

    • S410@kbin.social
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      8 months ago

      You can lose access to regular accounts as easily as to a blockchain. In fact, losing database of your password manager is even worse, because even if you have backups, they’re not going to be complete.

      With a blockchain all you have to worry is your private key. And you can write it down on a piece of paper, if you want, and put it away in a safe or a bank vault or something. Then, if you use it to restore your access years later, nothing will be lost.

      “There are 2 types of people in the world: those who make backups, and those who don’t make backups yet.”

    • NoiseColor@startrek.website
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      8 months ago

      Not really. You backup you keys like a normal human. Or create any of those new account abstraction keys that are tied to another account, or anything else.

    • NoiseColor@startrek.website
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      8 months ago

      Not really. You backup you keys like a normal human. Or create any of those new account abstraction keys that are tied to another account, or anything else.