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Vitalik Buterin advocates for social recovery systems, which use trusted guardians or automated processes, as a solution to prevent irreversible crypto losses
Vitalik Buterin published a post on X calling for better crypto loss prevention
Vitalik Buterin stated that victims of accidental crypto loss rarely speak out, as they have no attacker to blame and often feel ashamed of their mistakes
Vitalik Buterin cites Argent Wallet as an example of a smart contract-based social recovery implementation
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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Vitalik Buterin calls for better crypto loss prevention

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