[Coin Circle Story] How do the big guys in the coin circle keep their private keys?
Today's story revolves around the ownership of digital assets - private keys. Old leeks in the circle all know the saying "private keys are laws". There may be countless ways to lose money in this circle, but the most unexpected and easily overlooked way is to forget the wallet mnemonic or store it online and it was stolen... Then the preservation of private keys becomes an important issue.
Because the traditional field has a perfect financial management system, the use of each asset requires approval records from various departments. In the web3 circle that advocates decentralization and trustlessness, owning a private key means having the right to dispose of assets. For those big guys in the circle who have too much Bitcoin and even become a trouble, how do they keep their private keys?
Do their wives manage the money? If you accidentally go in and step on the sewing machine, how can you pay off the vast number of customers? Will the wife run away with the little white face with the private key? This is not something I made up. I have personally experienced a related case in which a certain industry giant was framed and imprisoned.
So the best way: one person is in charge and only trust yourself! ! !