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Set Heir Transaction
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Author Topic: Set Heir Transaction  (Read 4480 times)

TheCoinWizard

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Set Heir Transaction
« on: June 08, 2015, 11:40:41 pm »

I have a heritage proposal which might be just an Automated Transaction... :)

With introducing a new kind of private transaction setHeirs, where one can specify both
  • one or plural heir accounts
  • after how many blocks since last transaction
your idle nxt account will either
  • send your encrypted passphrase to these accounts
  • or just send/divide all the nxt and assets to

I understand it might seem like a big hassle to program, but to me seems a necessity in the world of real money  8)

To me it seems that this needs to be in the core, not just a client.  ???

It could be used to set heirs, and when your account is idle for a set amount of blocks, it automaticly sends your assets and nxt to your heirs.  :)

What do you think?  ???
« Last Edit: June 15, 2015, 12:27:15 am by TheCoinWizard »
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xiahui135

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Re: Set Heir Transaction
« Reply #1 on: June 09, 2015, 12:16:16 am »

I also think this is nesessary.
The real world has so many good usecases that the crypto need to compete.
Most of real world rules are useful, except some need to changed by blockchain.

来自我的 MI NOTE LTE 上的 Tapatalk

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barbierir

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Re: Set Heir Transaction
« Reply #2 on: June 09, 2015, 05:49:29 am »

Definitely very useful in real world, I was thinking myself about such a feature. It's more practical and cheaper than a lawyer
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TheCoinWizard

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Re: Set Heir Transaction
« Reply #3 on: June 10, 2015, 12:47:38 am »

About Samir's Secret Sharing...

Seems a bit far fetched for most normal users.
Although it would be interesting to see it implemented as a user friendly nrs plug-in...

As for lawyers, who thrusts them? I find myself having a hard time thrusting notaries  ;)

But then again, I don't thrust no-one to start with  :D
Call me paranoid, I say realist  :P
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TheCoinWizard

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Re: Set Heir Transaction
« Reply #4 on: July 07, 2015, 10:33:46 pm »

I was thinking a bit more about this, and there might be a workaround to this...

If I were to use vapor wallet offline, and set the date to next year 1st January.
Then I generate the signed transaction bytes of the transaction where I send a PM to my heir containing my passphrase...

I send these transaction bytes to my heir as a PM.
Sending another PM to the heir that they should broadcast this transaction the 1st of January next year in case I decease.

The only problem with this is that I have to remember to change my account every year.... And look for a new good different passphrase I will never forget...
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Marc De Mesel

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Re: Set Heir Transaction
« Reply #5 on: October 17, 2015, 12:14:53 pm »

very interesting  :)
 

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