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<!DOCTYPE html>
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<html lang=en>
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<head>
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<title>B.A.L.</title>
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<meta charset="UTF-8">
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<meta name="viewport" content="width=device-width, initial-scale=1">
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<link rel="stylesheet" href="w3.css">
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<link rel="icon" type="image/png" sizes="16x16" href="pitura/ico/baliconero.png">
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<style>
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@font-face { font-family: 'Optima'; src: url('pitura/OPTIMA.TTF'); }
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h1, h2, p {font-family: 'Optima', sans-serif;}
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</style>
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</head>
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<body class="w3-white" id="id12345">
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<div class="w3-padding-64 w3-margin-bottom w3-center">
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<img src="pitura/logo/Logo_nero.svg" alt="Logo BAL">
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<h1 class="w3-jumbo"><strong>Bitcoin After Life Protocol</strong></h1>
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<h2>(BAL PROTOCOL)</h2>
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</div>
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<div class="w3-row-padding w3-content" style="max-width:1400px">
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<div>
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<div>
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<p><a href="gitea/bitcoinafterlife/bal-electrum-plugin/releases">Plugin Electrum releases</a></p>
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<p><a href="gitea/bitcoinafterlife/bal-server/releases">Bal Server releases</a></p>
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<p><a href="https://welist.bitcoin-after.life/">Will Executor List Premium</a></p>
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<p><a href="gitea/bitcoinafterlife">Source Code</a></p>
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</div>
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<div class="w3-justify w3-xlarge">
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<p>Today, in this Samhain week, time of the year when the two 'worlds' (material and spiritual) close together and better communicate,
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we have the launch of this new Protocol to honour Bitcoin and all positivity it will bring to humanity.</p>
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<p>This project was originated to solve an existing problem: to leave bitcoin inheritance to one's own children, but in a decentralised manner,
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without the intervention of an external third party (spouse, public notary, etc...) thus in perfect accordance with the Fundamental principle of decentralisation.</p>
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<p>We have created this protocol, (seeking inspiration from John Nash game theory 'dominant dynamics' on which bitcoin incentives are based) so that it can have
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own life, without the need of a central Big Brother to make it work.</p>
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<p>It is an open-source code plug-in and a Will-Executor, taking in charge the inheritance transactions’ push, will stay active for at least the next 10 years
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to await the consolidation of the protocol with more and more Will-Executors joining in.</p>
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<p>The economic incentive necessary to make all this possible, is a fee included in each inheritance transaction and is paid when the Will-Executor transmits
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the inheritance transaction to the nodes, and it is therefore inserted in the block.</p>
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<p>We expect the BAL PROTOCOL to be successful thanks to the incentives included in the inheritance transactions. These incentives are substantial and increase
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with the Bitcoin value in time and above all are appealing for more and more servers to join in the inheritance transactions with a prospective for middle / long period gains.</p>
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</div>
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<p>Anybody will have the possibility to create a server Will-Executor to contribute to the protocol and earn commissions, since the code is available as open-source.</p>
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<p>BAL PROTOCOL, together with the Electrum plug-in, besides inheritance can also create a backup of one's own wallets, if planned in advance, to obtain protection in the case of private key loss.</p>
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<p>BAL PROTOCOL is also extremely useful when managing a multi-sig Wallet, in order to have a security option for exceptional cases.</p>
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<p>Many are its potential applications, and we encourage the community to find many more others.</p>
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<p>Our Electrum <a href="gitea/bitcoinafterlife/bal-electrum-plugin">plug-in</a></p>
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<p>The B.A.L. plug-in has been created for Electrum wallet, considered the gold standard among bitcoin wallets. We hope one day that Electrum developers will understand
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the value of this plug-in and will integrate it directly by default.</p>
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<p>We know technology is useful when it is easily available to people in order to improve their lives; therefore BAL main objective will be
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to improve and to simplify this interface</p>
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<p>All the work carried out to implement this project and BAL protocol (Bitcoin After Life) has been procured only with payments in Bitcoin with no use of
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FIAT currencies.</p>
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<p>In the website bitcoin-after.life you will find instructions to install the plug-in in Electrum and several practical examples on how to manage heredity
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with the Plug-in.</p>
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<p><strong>Plugin Operations</strong></p>
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<p>The plugin generates a transaction with Locktime set to a future date; the transaction is signed and sent to one or several Will-Executors,
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who will take care in retaining the transaction and send it at the expiry date.</p>
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<p>In order to provide economic incentives for the Will-Executor to keep and broadcast the transaction, an output will contain a fee payment,
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which will be received only when the heredity transaction is confirmed in the block chain.</p>
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<p>Signed</p>
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<p><strong>Svātantrya</strong></p>
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<p><a href="public_key.gpg">PGP</a></p>
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</div>
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</div>
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</body>
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</html>
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