Comment by cyjackx
2 days ago
Picture wrench attacks. What use is your Monero's security, for example, as I turn a screw into you until you give it up?
2 days ago
Picture wrench attacks. What use is your Monero's security, for example, as I turn a screw into you until you give it up?
Shamir's secret sharing. In that scenario, capturing me alone isn't going to get you anything even if I divulge my piece of the secret. You'd still need to find out who has the other pieces, find them, and convince them to divulge as well.
Maybe there's 3 of us, and the 4th part of the password/secret/private key is on a server of mine somewhere. If I don't check in for x duration, it wipes itself.
Yeah it means my Monero is gone now, but at least my attacker didn't get it.