On today's livestream at the #Wyoming Legislative Select Committee on Blockchain, Financial Technology and Digital Innovation Tech, I'm also testifying about private key disclosure. [1/9]
Conversation
The problem is that currently private key disclosure can be forced in the early stages of a legal process, resulting in threats of false witness or irrevocable asset transfers, for which the private key holder has *no* legal recourse.[2/9]
1
3
3
This is made worse by the fact that courts do not currently have the technical and security infrastructure to reasonably protect a keyholder’s rights and ensure that the private key remains private! [3/9]
1
3
2
Testimony from former Mary Beth Buchannan, former U.S. Attorney for W. Dist. PA is in agreement "Honestly, I would be very concerned about turning over a private key to a court." [4/9] diyhpl.us/wiki/transcrip
1
2
1
A private key can be someone's digital signature or their verification of identity. Having that key compromised by a malicious actor can cause egregious harm. As a technologist, I know of no safe ways to transfer private keys. So we need better protection for private keys! [5/9]
1
2
1
Thus I have been trying to get special protection for private keys since I first proposed the concept in 2019 #KeysAreNotAssets. Wyoming is currently considering this legislation to do exactly that, and so I strongly support it! [6/9]
1
2
3
My written testimony covers not just this Private Key Disclosure law, but also about of data privacy and e-residency, the other topics I will discuss in today's session. [7/9] wyoleg.gov/InterimCommitt
1
1
1
If you are interested in helping financially supporting
to continue advocacy on this Wyoming #KeysAreNotAssets Bill and our other digital rights advocacy efforts around the world, become a monthly sponsor at github.com/sponsors/block
[9/9]
The Q&A on e-Residency pushed the lifestream into the afternoon, where we will be talking shortly about the Private Key Disclosure law soon:
1
2
3
The video archive of the session about Private Key Disclosure bill #KeysAreNotAssets is now available, starting at the 17m49s mark (which should work properly from this link):
3
2
I hope that some of the money I sent you to cover the silicon salon can be used for this purpose. I don't have a monthly stream of income, but instead a dwindling savings pile. I don't like to use that as an excuse to ignore people, so if you need a smaller amount let me know.