DireMunchkin on Nostr: I had one idea which was to just loop the money back to the cold storage - This ...
I had one idea which was to just loop the money back to the cold storage - This basically just adds a time delay to withdrawing.
The point would be to pre-commit to never sending my Bitcoin faster than two weeks, and then I discourage anybody from executing a $5 wrench attack.
Not sure if that's a good idea but it sounds interesting as yet another layer of defense at least.
Published at
2024-11-24 14:07:46Event JSON
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"content": "I had one idea which was to just loop the money back to the cold storage - This basically just adds a time delay to withdrawing.\n\nThe point would be to pre-commit to never sending my Bitcoin faster than two weeks, and then I discourage anybody from executing a $5 wrench attack.\n\nNot sure if that's a good idea but it sounds interesting as yet another layer of defense at least.",
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