ethereum Co -founder Vitalik Buterin He emphasized the urgent need for improved sacred safety solutions to reduce the coding losses caused by the money that cannot be reached.
On February 28, Borin shared his concerns about X, noting that a lot of lost encryption stems from users who are closed from their wallets instead of theft.
Borin He said:
“There are also a lot of people who have lost huge amounts of encryption to * loss * instead of theft. Software insect, forgotten password, missing device, burned paper wallet in La Fire, its promotion device without supporting data … a lot of ways to achieve this.”
It also highlighted the main challenge that investors who lose their money often have no one to bear. He believes that many choose to remain silent out of embarrassment, which increases the complexity of the issue.
Burin’s comment attracts more attention to a great danger of self -need in the possibility of losing permanent assets.
Although self -need users have the failure to exchange and protocol breaches, they also expose them to the risk of losing their property due to human error or technical failures. Without guarantees, investors can lose their assets permanently.
Modern numbers show the size of the case. January Report from the river I estimated that about 1.6 million Bitcoin-More than 1.5 billion dollars at the time-it is possible to reach it due to poor self-friction management. This amount exceeds an estimated 1.2 million BTC lost in exchanges related to exchange.
Social recovery solution
Looking at this, Burin urged the encryption industry to give priority to the security innovations that protect users from these irreversible losses.
According to him:
“The strong security solutions that our ecosystem needs should take into account the loss as well. (This is a large part of the reason for my talk about social recovery a lot!).
Perrin has It was promoted Social recovery portfolios since 2021. This method has used a multi -sign system, allowing guardians appointed to help users to restore access to their money.
The governor of social recovery works like a regular portfolio, with the treatment of one key signing. However, if users lose access, they can request that the guardians be allowed to treat the signature key.
Borin stressed that this approach balances decentralization with the enhancement of security and reduces the risk of theft and permanent loss.
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