Wealth Security Protocol
Wealth Security Protocol
Go to Casa Home
Overview
💜Casa vs. Alternatives
Introduction
Option #1: Do-it-yourself
Option #2: Custodial Storage
Option #3: Commercial Systems
🔑System Design Principles
Introduction
Minimal Knowledge
High Security
Usability is Security
Expert Support
Redundancy
Sovereignty
Incentive Alignment
Bitcoin First
🚨Threat Overview
Introduction
Data and Credential Loss
Phishing
SIM Hijacking
Network Attacks
Malware
Supply Chain Attack
Physical Coercion
Child/Pet Attack
Internal Service Provider Attack
Platform / Hosting Provider Attack
Code Dependency Attack
Official Seizure
Inheritance Failure
🔐Chosen Features
Introduction
Hardware Wallet Signing
Multi-signature
Multi-location
Heterogeneous Hardware and Software
Seedless Hardware Wallets
Emergency Recovery Key
PIN or Biometrics for Mobile Key only
PIN for every device
Sovereign Recovery Instructions
Emergency Lockdown Button
Health Check
Identity Verification for Account Recovery
✅Chosen Key Schemes
3-of-5 Key Shield
2-of-3 Basic Multisig
Single-Key Wallet
❌Rejected Key Schemes
Key Sharding (Shamir’s Secret Sharing)
2-of-2
1-of-2
❌Rejected Features
Biometrics General Usage
Seed Phrase Backups
Financial Products and Services Integration
Brain Wallet -- Memory Based Solutions
Web-Based Key Management
Hardened Addresses
🔧Remaining Attack Vectors
Address Spoofing
Malicious Insider Key Theft
Extreme disaster scenarios
Extortion
👨‍🚀Future Improvements
Taproot/MAST
Schnorr Signatures
Powered by GitBook

Extortion

The possibility of a loved one being kidnapped and held for ransom is not directly protected against by our systems. However, this isn’t a unique danger to users of cryptocurrency. Anyone known to be wealthy will be subject to the same risk. We attempt to mitigate this risk on our end by collecting as little user data as possible and allowing users to be pseudonymous. We expect that most wealthy individuals in the world will own Bitcoin within 5-10 years time, so keeping your Bitcoin ownership secret may not even be an option if your general wealth is commonly known in your social circle or city. Any clients with significant wealth should consider hiring physical security to protect themselves and their loved ones.

Mitigation:

  • Keep your cryptowealth secret for as long as possible.

  • Hire a security consultant to help you improve your home and travel security, and to educate your family about kidnapping risk and mitigation strategies.

  • Hire physical security to directly protect you.

🔧Remaining Attack Vectors - Previous
Extreme disaster scenarios
Next - 👨‍🚀Future Improvements
Taproot/MAST
Last updated 10 months ago