>One predicted use was social recovery, which is using Taproot to back up your coins with help from your friends. The people making that prediction knew Taproot inside out. They were wrong. Five years on, I'm not aware of a single consumer wallet doing social recovery with Taproot.
For the past three years, @Liana Wallet has offered SafetyNet, allowing you to designate a service or friends during wallet setup by providing their xpubs. Their keys can later after a relative timelock runs out act as cosigners or as a signer of last resort if needed.
Chris @ seedor_io
npub1r8…qwym8
2026-06-29 17:48:23 GMT
in reply to naddr1qq…yepl
Author Public Key
npub1r8343wqpra05l3jnc4jud4xz7vlnyeslf7gfsty7ahpf92rhfmpsmqwym8Published at
2026-06-29 17:48:23 GMTEvent JSON
{
"id": "676845f254c13ebda18565802d6e44ad88b7955dcbba74afa880263275289c7e",
"pubkey": "19e358b8011f5f4fc653c565c6d4c2f33f32661f4f90982c9eedc292a8774ec3",
"created_at": 1782755303,
"kind": 1111,
"tags": [
[
"alt",
"Reply to nostr:nevent1qqsrz0vekedrvrtatxqzecysd8rna5y8d7h9zzflazr9y60h4cjdrjgpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygrm8auqxag8gm692sf6yg0cp9j7ajmfaucg7t4drk5feskgjyhfdqpsgqqqw4rsuj0xfr"
],
[
"A",
"30023:7b3f7803750746f455413a221f80965eecb69ef308f2ead1da89cc2c8912e968:on-overconfidence",
"wss://relay.damus.io/"
],
[
"a",
"30023:7b3f7803750746f455413a221f80965eecb69ef308f2ead1da89cc2c8912e968:on-overconfidence",
"wss://relay.damus.io/"
],
[
"E",
"313d99b65a360d7d59802ce09069c73ed0876fae51093fe8865269f7ae24d1c9",
"wss://relay.damus.io/",
"7b3f7803750746f455413a221f80965eecb69ef308f2ead1da89cc2c8912e968"
],
[
"K",
"30023"
],
[
"P",
"7b3f7803750746f455413a221f80965eecb69ef308f2ead1da89cc2c8912e968",
"wss://bitcoiner.social/"
],
[
"e",
"313d99b65a360d7d59802ce09069c73ed0876fae51093fe8865269f7ae24d1c9",
"wss://relay.damus.io/",
"7b3f7803750746f455413a221f80965eecb69ef308f2ead1da89cc2c8912e968"
],
[
"k",
"30023"
],
[
"p",
"7b3f7803750746f455413a221f80965eecb69ef308f2ead1da89cc2c8912e968",
"wss://bitcoiner.social/"
],
[
"client",
"Amethyst"
]
],
"content": "\u003eOne predicted use was social recovery, which is using Taproot to back up your coins with help from your friends. The people making that prediction knew Taproot inside out. They were wrong. Five years on, I'm not aware of a single consumer wallet doing social recovery with Taproot.\n\nFor the past three years, @Liana Wallet has offered SafetyNet, allowing you to designate a service or friends during wallet setup by providing their xpubs. Their keys can later after a relative timelock runs out act as cosigners or as a signer of last resort if needed.",
"sig": "51097e74177b86661de4e6ab45b6c9644d3a25ca9d088ddbb535fafce687834c100fb31274b58ab0270c47ccecb47d11be4a5473612c79e4bad36d058989ccc3"
}