On the Heritage of Crypto Assets -- Tales From the Crypt Protocol

TL;DR

This paper introduces a privacy-preserving protocol called Tales From the Crypt for establishing consensus on an owner's death to facilitate inheritance of crypto assets, ensuring privacy until death.

Contribution

It proposes a novel, generic protocol that can be integrated into any crypto platform to securely handle inheritance issues while preserving privacy.

Findings

Protocol ensures privacy until death

Can be incorporated into any crypto platform

Provides a distributed consensus mechanism

Abstract

We discuss some issues to the inheritance of crypto assets. We propose a distributed, privacy preserving, protocol to establish a consensus on the death of the owner of crypto assets: the Tales From the Crypt Protocol. Until the actual death of the owner no link can be made between public information and the corresponding crypto assets. This protocol is generic and could be incorparated into any arbitrary crypto platform.