Supposedly billions in crypto have been locked away due to private key loss, mistaken transactions, or physical destruction of wallets or private keys.
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Vitalik Buterin proposes social recovery for wallets to erase losses from technical mistakes
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Vitalik Buterin warns that the crypto industry focuses too much on theft prevention while neglecting accidental loss, which leaves many users unprotected and hinders adoption, with billions in crypto trapped due to lost keys, device failures, or user mistakes
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