Treshold Schemes

Hello. There is a nice piece of technology solving a problem of lost keys. Perhaps it could be used in Safenet? Is it perhaps planned in some distant future? :slight_smile:

https://darkcrystal.pw/use-cases/#peer-to-peer-application-using-a-distributed-ledger-or-append-only-log

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Could you could give a brief overview of how it works? I don’t feel like reading that whole thing.

Seems it’s refering to essentialy multisig account recovery.

For SAFE this could be a GUI where you set up your SAFE account and you have an option to make a list of trusted accounts that can recover your account with x of n signatures. For example you set five friends as trusted accounts and say if at least three of them sign to recover your account, then they can do that if you lost your password.

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ah ok, that sounds like it would be a very convenient feature for SafeNet.

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