Running end or end walkthrough for our digital asset succession solutions for Bitcoin, Ethereum and Solana very soon.
A little more integration with @turnkeyhq to go.
The prototypes and solicitor portal is almost built!
#digitalassets#legaltech#crypto
For will executors: crypto in an estate is taxable even if nobody can access it.
HMRC treats it as property. Valued at the date of death.
The fix has to be set up while the owner is alive.
#InheritanceTax#Crypto
You can't solve crypto succession the same way on every chain.
#Bitcoin: move the funds to the heir.
#Ethereum and #Solana: leave the funds, rotate who controls them.
One shared engine, each chain handled on its own terms. That is what we are building.
#DigitalAssets
2018: the CEO of crypto exchange Quadriga dies.
Approx $190m CAD in funds locked, reportedly because he alone held the keys.
No hack. Just one person, one point of failure.
We're engineering the succession problem and in turn assisting the legal one.
#crypto#probate#digitalassets
A quick update: we've rebuilt WYTYC's core from the ground up.
The core ideas are unchanged: a chain-agnostic engine underneath that decides when a succession should happen, with the Bitcoin, Ethereum and Solana mechanics on top. Designed so we can add more over time without starting over.
If you've been following our earlier progress posts, images or diagrams, please treat them as out of date: they no longer reflect the current system. Updated visuals coming over the next few days.
#DigitalAssets#crypto#estateplanning#probate
The non-custodial digital asset succession solutions we're creating from the ground up for Bitcoin, Ethereum and Solana with our solicitor portal for probate is unmatched in England and Wales. Scotland to follow later.
The client keeps unilateral control of their assets while alive.
The solicitor and WYTYC are both required to begin a recovery - neither can do it alone.
A mandatory cooldown gives the client a veto window to cancel.
Recovery rotates control to the heir - it never becomes a way to drain the wallet.
WYTYC is structurally unable to move a client's assets on its own.
#digitalassets#ethereum#crypto#legaltech#wealthmanagement
Our answer started with #Bitcoin (prototyped) and now
we've built the Ethereum version of our digital-asset inheritance design (prototype).
A client controls their own crypto while alive. Only their solicitor and WYTYC, together and after a waiting period, can pass it to the heir - and the client can cancel at any point in that window.
Built from audited @SafeLabs_ + @zodiaceco primitives and tested against the real contracts.
Prototype, not yet deployed publicly.
Part 2(a).
The solicitor portal now runs end-to-end against a real (regtest) Bitcoin chain.
Vault creation, heartbeat tracking, activity feed, full audit trail - all working.
Tested end to end for the Lighter Configuration of two keys (one customer and one firm).
#digitalassets#crypto#bitcoin#crypto
Part 2(b)
For 2 of 2 recovery (standard config) where we have a customer, solicitor and WYTYC on #bitcoin regtest.
Vault creation, heartbeat tracking, activity feed, full audit trail.
Negative tested using only key and recovery not possible.
#digitalassets#legaltech#fintech#cryptoinheritance
Part 2(a).
The solicitor portal now runs end-to-end against a real (regtest) Bitcoin chain.
Vault creation, heartbeat tracking, activity feed, full audit trail - all working.
Tested end to end for the Lighter Configuration of two keys (one customer and one firm).
#digitalassets#crypto#bitcoin#crypto
Switched to creating two MVPs to offer a choice.
For Bitcoin (ETH and SOL later):
In a nutshell...
First: Simple inheritance 1 of 2 keys. Our value is the orchestration around the descriptor and the solicitor portal.
Second: Complete 2 of 3 keys with orchestration and the descriptor changes to Liana's Expanding Multisig template, which adds WYTYC as a third co-signer. The shape is 2-of-3 after the inactivity timelock has elapsed, with normal customer spending unchanged before that point.
#fintech#crpytoinheritance#LegalTech
Begun working on the @pingwytyc 'dead man's switch' (VaultFlow). #Bitcoin is the first path.
✅ Client can spend on primary path
✅ Solicitor + WYTYC required after time lock
✅ Neither alone can move funds
For testing on Signet:
3 independent keys (2x Ledger Nano S Plus + Liana Hot Signer)
Taproot vault: 1-of-1 primary path / 2-of-2 time locked recovery path.
Recovery executed:
Solicitor + WYTYC sigs combined, broadcast confirmed:
Tx: mempool.space/signet/tx/46f8…
Built with @Wizardsardine + @lianabitcoin + @Ledger
Small steps to building UK digital asset succession infrastructure.
#digitalassets#fintech#inheritance
Your take on which of these two to select for #bitcoin:
@COLDCARDwallet or @BlockstreamJade ?
Or any other suggestions.
This will possibly be for all clients.
Pre-revenue founder lesson:
If your architecture cannot survive a specialist tech insurer and a crypto economy law firm asking hard questions, it cannot survive a grieving family relying on it.
#cryptoinheritance#legaltech#bitcoin#ethereum