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There are multisig social recovery wallets where one party or a group of parties is trusted to help you get regain access to the account with a new signing key. Gnosis lets you do this with arbitrary friends of your choosing. Or if you're like most crypto folks and have no friends, something like Argent can handle this for you with email/phone number authentication after a delay (a few days).


So what’s stopping my friends from stealing all of my money behind my back?


Social recovery with friends usually needs something like 3 of 5 or more to effectuate a recovery. So your friends would have to effectively collude with each other without any of them tipping you off about the plan.




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