follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: A Possible Way to Re-Use Lost Bitcoins  (Read 681 times)

Offline mandisa

  • Baby Steps
  • *
  • Activity: 11
  • points:
    191
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: August 13, 2018, 05:11:16 PM
    • View Profile

  • Total Badges: 8
    Badges: (View All)
    Topic Starter 10 Posts First Post
A Possible Way to Re-Use Lost Bitcoins
« on: August 13, 2018, 03:27:34 PM »
I have heard a thousand times that many bitcoins are lost due to the owners either forget their private keys, lost the hard drive, or simply die before they tell their family about the wealth. Although 21 million sounds like a lot, but with accidents like those keep happening, it's sooner or later bitcoin will gradually...be depleted. I know now the reward for miners are new issued bitcoins plus transaction fees, could it be possible that some day the reward includes a new feature, that all wallets will give a small portion of its balance to the miners, either a small percentage of the balance, or just a few Satoshis per wallet. So that "dead" bitcoins will slowly become global wealth for all humans again over a great span of time? What do you think? Is it a very stupid idea?

Altcoins Talks - Cryptocurrency Forum

A Possible Way to Re-Use Lost Bitcoins
« on: August 13, 2018, 03:27:34 PM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open


Offline paolobaltimori

  • Sr. Member
  • *
  • Activity: 408
  • points:
    609
  • Karma: 1
  • BTCEX
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 23, 2019, 03:24:00 PM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: A Possible Way to Re-Use Lost Bitcoins
« Reply #1 on: August 13, 2018, 03:55:43 PM »
It's not a stupid idea but I don't really know how this idea could be implemented without loosing access to everyone wallet with private keys.
Actually there's simply NO way to recover a wallet without private key or passphrase...
                 
                 
                 
                 
                 
         ██▄       
         █████▄       
         ████████▄     
▄         ████████▄     
███▄▄        ▀█████
███████▄▄       ██
▀██████████▄▄     
   ▀██████████▄▄     
       ▀██████████▄
           ▀█████████
               ▀█████
                   ▀█
BtcEX  Btc Exchange for Everyone
We offer the most profitable and 
comfortable exchange rates for cryptocurrency
     



█▄          █████▄
▐██▄       █████████▄
 █████▄   █████████
███████████████████
 ██████████████████
  ▐███████████████
   ██████████████
    ▀██████████▀
  ▄████████▀▀


▄███████████████████▄
█████████████████████
███████████▀      ███
███████████    ▄▄▄███
███████████    ██████
████████          ███
████████          ███
███████████    ██████
███████████    ██████
▀██████████    █████▀



               ▄▄████
         ▄▄▄█████████
   ▄▄▄███████▀ █████▌
██████████▀  ▄██████
 ▀█████▀   ▄████████
    ▀█   ▄█████████▌
     ▐█ ███████████
      ████ ▀██████▌
       █▀     ▀███

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod