It is but I also think it could be better. In fact, I think expiring proposals are pretty important in the long run. I can already see the headline now "Major Multisig Account Exploited Using Years Old Proposal"
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I would like one that incorporates a deadman's switch or a will feature of some kind. Like "check every 2 years to see if this person is alive." Need a way to help out my wife if something were to happen to me. I have so many Unicorn tokens I would love for her to inherit gracefully because as far as I can concerned they are priceless.