Security Principles

Two principles for building the security plan:

1.  Separation Principle
2.  Failure Point Analysis

Bitcoin is always on the blockchain, so in that sense, it is NEVER lost.  However, there are two ways you could lose your bitcoin or access to it. 

1.  Someone steals your private keys
2.  You lose your private keys (and no one can recover them)

Our two security principles are designed to overcome these two threats.  In the implementation part of the course, we will discuss more about how these principles can operate in practice.


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