Lol yeh it's a bit of a wanky topic. That word mandate is a little wanky too tbh lol. I actually thought that El Presidente thing was a joke and never took it seriously ~ more like ~ "tell him he's dreamin." 🤣
Organiser sounds accurate :) As for the keys, I would rather not have it. I'm keeper of the keys for a few accounts already and I'm not keen to take responsibility for another set. @quochuy is pretty solid and is on all the time, and it's going to be much safer with him (and ausbit) than me.
A little precision, I only hold the Posting Key.
Secret Sharing method. In a nutshell, using a crypto method, we can generate
X
number ofshares
and assign eachshare
to one member of the team. When generating the shares we can set a thresholdY
. If the custodian gets hit by a bus, then we just need Y members to provide theirshares
and the app will be able to compute the original Owner Key.@buggedout, another way to handle "Custodian gets hit by a bus" is to use a method I used for TeamVN (when it still was a thing) is to use theVery interesting. I always figured that multi-sig account functionality was the way this problem would ultimately be solved, but this could be a good option in the interim.
This method could also be used in some real life stuffs too.