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To learn more about how Casa multisig works, check out our Wealth Security Protocol. Want to finally stop worrying whether your seed phrase will work if you lose your bitcoin key? Want a way to pass your bitcoin on to your loved ones that actually works?īecome a Casa member today, and start sleeping easier at night knowing your coins are safe. It's important that everyone has access to the means to pass their wealth onto their loved ones, and Casa is here to provide that.
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We’re also actively researching other forms of inheritance for other Casa tiers. We're rolling it out to Diamond clients first for this reason, and because of the level of hands-on service we'll be providing to our clients throughout the process. It's also designed specifically for clients securing large amounts of bitcoin. dead man’s switches), were simply not robust enough to protect against many of the hazards in our threat model, which included not only threat of theft and threat of loss, but also legal issues and even disputes among grieving family members.Ĭovenant has been engineered as a meticulously-defined technical process (Casa Covenant is co-written by the co- creator of Glacier Protocol), which makes judicious use of these legal safeguards and third parties, while at the same time not relying on them fully.Ĭasa Covenant is the most robust inheritance solution available for Bitcoiners today. In our year and half of research, we’ve found that purely technical ‘trustless’ solutions (i.e. In a scenario where the client passes away, the following keys will typically be used to recover funds:Īs you may have surmised, solving inheritance today indeed involves leveraging legal safeguards, and to some extent third parties (your estate attorney, or family members). 1 is held in reserve by Casa - for use in emergencies, or in case a client were to lose 2 of their keys.Ĭovenant builds on our existing 3-of-5 multisig setup, adding two important additions that enable you to distribute keys in such a way that allows your heirs - and no one else - to access your bitcoin after you pass away - but not before. 3 keys are held on hardware wallets at different geographic locations. If you’re a Bitcoiner interested in learning more, send us an email at or apply to be a Diamond member today, and we'll be in touch ASAP.Īre you an estate attorney interested in helping your clients with a bitcoin succession plan? Email us for more information-we’re steadily building out a network of attorneys to refer our clients to, and would love to discuss working together.Īs a reminder, Casa Diamond and Platinum clients have 5 keys protecting their bitcoin.
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Read on for full details on how Covenant works, and why inheritance is such a thorny problem. More often than not, it comes down to four options: Right now, most Bitcoiners don't have a great answer to that question.
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Covenant solves one of the largest and most painful problems in Bitcoin today:
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Covenant is our full-service Bitcoin inheritance system - under active development and research here at Casa for over 18 months.Īs we announced last month, in 2020 we’re focusing 100% of our efforts to make securing your bitcoin easy and anxiety-free. Today we’re launching Casa Covenant for all Diamond clients.