The following is a guest post from Robert Rhodin, the CEO of KeychainX.
As the crypto market’s capitalization has grown, the diversity and complexity of assets also increase. This growth, supported by advanced technology and innovations, also increases the number of lost or inaccessible assets. It is estimated that hundreds of billions of dollars of digital currency remain in limbo due to forgotten passwords, hardware failures, and the untimely death of asset owners.
According to research, around six million of Bitcoin’s total supply of 21 million is missing. Another report shows that 29 percent of Bitcoin has not moved in the last five years. Of course, this includes long-term investors or those who have not touched their assets for a long time. However, it is also a fact that some BTCs are lost or cannot be accessed due to forgotten passwords.
Fortunately, the view is not dark at all.
New methods and technologies continue to be developed to recover lost, forgotten or inaccessible
We współpracy z: https://cryptoslate.com/new-ai-and-hardware-may-crack-the-code-on-lost-cryptocurrency/
