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Author Topic: What happen to your wallet/token after death?  (Read 7218 times)

Offline TROXIE

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What happen to your wallet/token after death?
« on: February 19, 2021, 08:16:59 AM »
Your private key to your wallet is very important and Should be kept so confidentially that anyone anywhere cannot just gain access to it, it should not be kept even on your system where internet can trace it into the hands of the hackers, once it could be traced, your wallet and token is unsafe.
In this condition, in the process of keeping safe from every reach, if the account owner dies and no one has Access to his or her private key, what will happen to the token in the wallet over time?

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What happen to your wallet/token after death?
« on: February 19, 2021, 08:16:59 AM »

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Offline Pluto25

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Re: What happen to your wallet/token after death?
« Reply #1 on: February 19, 2021, 11:02:34 AM »
Very simple, I wrote my I'd username and password in my personal dairy. If any eligible member In my family alive ,he can use my account.

Offline aarif123

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Re: What happen to your wallet/token after death?
« Reply #2 on: February 19, 2021, 02:55:17 PM »
Did you know what happened in centralized system like bank when you die you add your nominee there this is the same thing which you follow in decentralised where you can tell about your digital asset to whom which you can trust blindly it may be your wife your son or anyone.

Offline Giangphuong8489

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Re: What happen to your wallet/token after death?
« Reply #3 on: February 19, 2021, 04:40:59 PM »
I want to give the wallet information to my loved one before I die. If that happens too suddenly, maybe the crypto assets in the wallet will stay idle until a hacker attacks and takes them over. After the death, I won't continue worrying about such matters.
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Re: What happen to your wallet/token after death?
« Reply #4 on: February 19, 2021, 04:49:23 PM »
All the data in my wallets (private keys, hardware) are the property of my closest relatives (brothers), I gave them copies a long time ago. In this life we ​​never know what can happen, so I think it's for the best.
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Offline Master107

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Re: What happen to your wallet/token after death?
« Reply #5 on: February 20, 2021, 01:33:27 AM »
if the account owner dies and no one has Access to his or her private key, what will happen to the token in the wallet over time?


Your keys is your money.
Blockchain cannot detect if the owner has gone or not.
Therefore, No access means the token will remain forever.
Anticipation is better than in a hurry before the death or whatever unfortunates.

Offline Abubakar56

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Re: What happen to your wallet/token after death?
« Reply #6 on: February 21, 2021, 11:42:54 AM »
My wallet adress private key is in my private wallet which after my death my children can find it and make use of it. If you die without anybody knowing your private key your token will remain there forever and it will be wasted.

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Re: What happen to your wallet/token after death?
« Reply #6 on: February 21, 2021, 11:42:54 AM »


Offline Nimix

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Re: What happen to your wallet/token after death?
« Reply #7 on: February 22, 2021, 06:24:33 PM »
Well, we have a family Diary which just myself and hubby has access to it. If anything happens, it can be traced out from it.

Offline Btceth01

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Re: What happen to your wallet/token after death?
« Reply #8 on: February 23, 2021, 05:52:46 PM »
I work all the coins that have received and in the future, all the coins of the form will be from my wallet. We will use them. And all the tokens that will be able to use the next generation from the wallet. After my death, I will show my family's private people to my family. Later, they can use any coins pumping.
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Offline Raqeebzy

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Re: What happen to your wallet/token after death?
« Reply #9 on: February 25, 2021, 09:37:31 PM »
After death of a wallet/crypto holder without the private keys or wallet phrase being known to a third party or the family members, the crypto present in such wallet is as good as gone except they are found later on.
Private keys/seed phrases are one of the beauty of crypto wallets but it might be a disadvantage too in such situation.
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Offline Dreamer

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Re: What happen to your wallet/token after death?
« Reply #10 on: February 26, 2021, 12:00:36 PM »
Very simple, I wrote my I'd username and password in my personal dairy. If any eligible member In my family alive ,he can use my account.
Perfectly! This is what we have to do, at least share your private keys with your family members because your money can help them in any way, you never know! It would be very bad to have 10/50 ETH in your account and leave your family in hunger because you didn't share your PK with any of them!

Offline Blockchain Advisors

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Re: What happen to your wallet/token after death?
« Reply #11 on: March 04, 2021, 02:46:46 PM »
I will make sure someone in my family will get a hold of my password and account to continue the legacy

Offline ice18

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Re: What happen to your wallet/token after death?
« Reply #12 on: March 04, 2021, 04:48:07 PM »
All my private keys are all saved on my HDD since I have no hard wallet yet and when the time comes my family will use it and liquidate it if the value is good they can help them or continue to hold and wait for more years for a best price they can sell.
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Offline Ndry09

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Re: What happen to your wallet/token after death?
« Reply #13 on: March 04, 2021, 05:30:01 PM »
It's so scary to imagine it's so dark but I think this thinking is necessary because we don't know how long we will live. but it is very easy to solve it I always write my username and password in the little notes I have so when I die my closest people will know about it. its very simple

Offline FrankTaylor

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Re: What happen to your wallet/token after death?
« Reply #14 on: March 04, 2021, 09:40:56 PM »
After death your key will be given to your family, or the person you will entrust the key.

 

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