If you die...
what happens to your Bitcoins?

You know how difficult and delicate using Bitcoin is and in particular how dangerous is passing your bitcoins to your loved ones.
Well, what Bapp does is make using bitcoin as easy as email and provide a safe, non-custodial way to pass your bitcoins.
 In fact, we are receiving amazing feedback from people thanking us for the peace of mind.

We believe that Bapp is such an amazing service that your friends and followers will be very glad to learn about it so we want to encourage you to tell them.
Tell your friends/followers about Bapp and make 60% of their revenue.

Bapp. The Bitcoin Inheritance Solution

Bapp offers a versatile, Bitcoin cryptographically secure, non-custodial solution to Bitcoin inheritance

At Bapp we believe it is a fundamental right of all people throughout the world to pass one their legacy to the individuals they choose. Bapp builds a systemic infrastructure in order to bring Bitcoin inheritance into the digital age with the objective of making it accessible to everyone, at all times, anywhere in the world and in the simplest and most efficient way.

Bapp is the innovation leader in Bitcoin services

In the Bitcoin blockchain, transactions are based on scripts. Even in order to send bitcoins, a script must be created and executed. A Bitcoin multisignature is also a Bitcoin script. What sets Bapp apart from other solutions, is that it goes beyond simple and multisignature scripts. Bapp has developed a Bitcoin Script Engine that generates and executes generic complex Bitcoin Scripts. With this innovative technology, Bapp can offer amazing Bitcoin cryptographically secured services like inheritance, trusts and more to come.
In order to understand Bapp, we need to know a little about Bitcoin Scripts.

Bapp Bitcoin Script Engine

What is a Bitcoin Script?

Mastering Bitcoin is a master piece book written by the well known Bitcoin advocate Andreas Antonopoulos. In the book, Andreas brilliantly explains Bitcoin Scripts. Needless to say, the explanation we are going to give here is a very superficial one and we encourage the reader to read Andreas's book if he/she wants to learn about Bitcoin Scripts in depth. Some images and texts has been taken from the book.
"Bitcoin uses a scripting system for transactions. Forth-like, Script is simple, stack-based, and processed from left to right. It is purposefully not Turing complete, with no loops."

Wallet Bitcoin Script

When Bitcoins are sent to an address, behind the curtain, a script is created. This script, called Locking SCript, protects these bitcoins in the sense that in order to spend them, a second script must be provided.
Both script are joined as a single script an then executed. If the execution succeeds, the bitcoins are spent.
In the image, the red script (this is one of several different Locking Scripts) is the one protecting the Bitcoins sent to a Bitcoin address.
The Locking Script defines the Bitcoin Address. Different types the Bitcoin Addresses (p2pkh, p2wpkh-p2sh, p2wpkh, ...) have different Locking Scripts.

The script in green is the Unlocking Script created by the person wanting to spend the Locked bitcoins.
In this case, The person trying to spend the bitcoins must provide a digital signature produced by the user’s wallet from his or her private key. So only the owner of the private key can spend the bitcoins.

Multi Signature Script

A multisignature is used, for instance, when three partners want to impose the constraint that in order to spend bitcoins two of the three partners must sign the transaction.Up to 15 signers can be part of a Bitcoin Multisignature Script. It's called a 2 of 3 Multisignature Script.

The Locking Script, in red, in the image below is an example of a 2 of 3 signers Multisignature Bitcoin Script. Each signer adds a public key from a Bitcoin address of one wallet. Once every signer has added his/her public key, the script is complete and then a Bitcoin address associated to the Locking Script is generated.

This concept is very important and confuses many people when listening about Bitcoin Scripts.
This means that the Bitcoins sent to a Multisignature Bitcoin Address are not in any wallet.
Here comes another twist. In order to spend the bitcoins in the Multisignature Bitcoin Address, two of the three signers must provide a signature made with the private keys associated to the Bitcoin address from their own wallets that they associated to the Multisignature Script.
With these 2 signatures, the Unlocking Script is created and the bitcoins in the Multisignature Script can be spent.
The funds in the Mutlsiginature Script Address are protected by the private key of the associated wallets (also by the fact that the Multisignature Script must be known to spend bitcoins). This is where the music stops regarding most Bitcoin Services. But Bitcoin Scripts are much more.

Complex Bitcoin Script

Here things get interesting. We are entering nerd territory so don't worry if you don't follow every single detail.
Eveng though, not turing complete, Bitcoin Scripts can be used to create highly sophiscated applications like the Lightning Network.
The following image is the generic Bitcoin Script that Andreas shows in his book.
The script has 3 execution paths.
  1. IF-IF: 2 of the signers, sign a transaction to spend funds

  2. IF-ELSE: After 30 days Abuld and one of the 3 signers, sign the transaction

  3. ELSE: After 90 days Abuld alone signs the transaction
This Bitcoin Script contains 4 public keys. Each of the 4 signers in the script must associate a Bitcoin address from a wallet.
As with the Multisignature Script, once the script is complete a Bitcoin address is generated from it. Funds, then, can be send to this address.

In order to spend bitcoins, an execution path must be chosen and signers implicated in this path must sign the transaction. If there is a time constrainst, as it's the case in paths 2 and 3, the transaction can only succeed if the specified time has arrived.

The code to do all this is 4 pages long. A single mistake and the Bitcoins secured by the script address can be locked for ever.

Bapp excells at the use of generic Bitcoin Scripts. Services like the Inheritance Plan and the Time Trust are examples of the use of generic Bitcoin Scripts.
Instead of coding one by one each script and its execution paths, Bapp has developed a Bitcoin Script Engine that generates the scripts and their execution paths.

The Engine hides all the complexities of the coding of Bitcoin scripts, so when developing a Bitcoin Script-based service the effort falls only in the service logic with the assurance that the Bitcoin Script will be error free and properly coded.

The Engine, which is used internally at Bapp, has a GUI where a visual representation of the script is introduced.
The image shows how easy generating the Andreas' script is. The tedious, error-prone 4 pages of code is replaced by a few seconds of work with the computer mouse.
From the GUI Bapp extracts a convinient extra layer of a propietary Bitcoin Script representation. From this representation the Bitcoin Script and the Execution Paths code are generated.

Why using Bitcoin Scripts is a game changer?

By using generic Bitcoin Scripts, users' bitcoins are protected by Bitcoin cryptography. Only the users can generate the private keys necessary to sign transactions that spends the bitcoins deposited in a Bitcoin Script address.
So not only Bapp 's wallet is non-custodial but, thanks to that, also Bapp Bitcoin Script-based services are non-custodial.
This means that users' bitcoins in the Bitcoin Scripts are safe from bad actors both insiders and outsiders.

In addition, the Bitcoin Script enforces the necessary constraints such as time contrainsts as in Bapp Time Trust.
So the business rules are enforced by the Bitcoin Cryptography.
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Bapp services

Bapp offers a state of the art wallet.
First of all is a non-custodial wallet. The user is the sole owner of his/her bitcoins.

The owner of a wallet is the one having the private kayes. The private keys, in modern wallets, are generated by the combination of a mnemonic (12-24 words chosen by a Bitcoin algorithm) and a password (called passphrase).
In poorly designed wallets, only the mnenomic is used to generate the private keys so anyone with access to the words can steal the bitcoins.

Bapp doesn't hold the private keys of its users. When an user creates a wallet, the wallet mnemonic is encrypted (*), at the browser, using, among other things, the wallet password as part of the encrypting key, (and a time consuming procedure to disencourage a brute force attacks on the encrypting key), and the resulting cyphered text is sent to the server where it's again encrypted on the server with an internal encrypting key.

When a text is encrypted the only way to decrypt it, obtaining the original text, is by brute force trying different keys and it can take maney years if the key is good enough. So an encrypted text is protected against prying eyes.

When an user wants to send bitcoins, the private keys are generated at the browser by the wallet mnemonic, decrypted with the processed wallet password and the same time consuming procedure, plus the wallet password. Once the bitcoins are sent the private keys are deleted.

Important: in a non-custodfial service the user is responsible for keeping access to his/her bitcoins. In the case of a wallet if the mnemonic/password combination is lost then the bitcoins are lost.

(*) What's is encryption and why are texts encrypted? Encription is used to protect data. In this case we want to protect 24 words so nobody sees them. An encryption algorythm uses a user supplied key (it's like a password) to obfuscate the text you want to protect. After encryption the text, "word1 word2 ..." get transformed to "c2b164b0e02f6c087a748cd2ecd4aefe ...". Now all we have to do is keep the encrypted text (called cyphered) and the key. Whenever we want we reverse the encryption to get the original text back. Bapp wallet has an expert view and a simplified view.

The following image is the simplified view. One cool feature of Bapp wallet is the possibility, when sending bitcoins and in some other situations, of using any user's email instead of a Bitcoin address. In addition the frequent recipients can be saved with a nick name for convinience.
In the expert view, give total control to the user sobre every single detail of the transaction: fees, change address and coin (utxo) selection.
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Imagine having $500 millions in some coin but no secure way to transmit it to your loved ones, only to die and have all that money lost in cryptographic ether for ever (and beyond). This happened to Matthew Mellon and their loved ones won't see a single $ of the $500 millions.
News here. By the way, don't let the Ripple CEO make you believe that xrp and ripple are the same thing.

If only Matthew Mellon would have had Bapp After Message to securely pass on his keys after his death.

Don't take stupid risks and use Bapp After Message.
With the same highly secure procedure used with your wallets private keys, the information you need to pass your loved ones will be protected and securely transmitted only when you passed away.

Examples of uses of Bapp After Message. Tell someone:
  1. Your login details to Bapp and the password of your wallet

  2. If you have another coin tell them the details to access your wallet

  3. That you have money under the mattress
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A Multisignature Wallet, called Joint Wallet at Bapp, allows several people to be able to spend bitcoins in a coordinated way. More here

Each signer of a Multisignature must assciate a Wallet (in particular a Bitcoin address) to the Multisignature. The private key of the Bitcoin address will be used in order to sign the transactions that spend funds.

Two brothers could set up a 1 of 2 Multisignature so any of them alone could spend the bitcoins in the Multifirma with a single signature. Or they could set up a 2 of 2 Multsignature so both of them should sign each spending transaction.
Three partners could set up a 2 of 3 Multisignature so two of them are required to sign each spending transaction.

As every other Bapp service, Bapp Joint Wallet is a non-custodial service so the signers are the sole owners of the Joint Wallet funds and only them can spend them.

What set Bapp ahead of the competition is that, signers can manage their payment from any computer/tablet/phone connected to the internet. No need for QR codes, sending partially signed transactions, manually broacasting a transaction, etc.

The following image shows a payment where signer John2 has signed and signer John is required to sign. All John has to do in order to sign the payment is click on his name and enter the password of his wallet associated with the Joint Wallet.
The interface to create a Joint Wallet payment is the same as the one when sending bitcoins from a wallet.
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Bapp Trust is a Bitcoin Script that protects and freeze the bitcoins in the Trust until the time you choose.

If the Trust recipient is disabled for some reason, the Trust creator recover the funds two months after the chosen time.
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Bapp is a non-custodial service so there is no way to direct debit a wallet which is a very good thing.

Bapp Recurring Payments notifies the user when a payment is due.
By clicking on the alert the user will be able to choose from what wallet (or any other instrument like a Joint Wallet) to make the payment from.
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Tired of being censored, spied, having your conversations monetized, etc when you chat with your friends?

Bapp Messaging takes privacy to the extreme.
Your messages are not stored in a database so no one can read them, demand access to them or demand they are censored.

As messages are not stored, the communication is synchronous which means that sender and recipients must be both online at the same time in order to chat.
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Bapp Payment Request is a convinient way to request other Bapp users a payment.

The person that receives the payment request is notified through an alert. By clicking to the alert, the user is redirected to pay the request.
A historic log of the payments is kept for the user.
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Under development

The Bitcoin Blockhain takes its time to process transactions and a miner fee has to be paid.

So, how can we send instant payments at virtually no cost to buy very cheap stuff?

The solution is a layer of software, that runs above the Bitcoin Blockhain, called the Lihgtning Network.

But setting a Lightning Network node is difficult and requires hardware running 24/7 making it all very unconvenient. Bapp Lightning Network is a non-custodial, multi-user Lightning Network service.>/br>>/br> Creating and paying invoices is straight forward.
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¿Si mueres que pasa con tus bitcoins (u otras criptos)? Sabes lo difícil y delicado que es usar Bitcoin y, en particular, lo peligroso que es pasar tus bitcoins a tus seres queridos. En pocas palabras, lo que hace Bapp es hacer que el uso de bitcoins sea tan fácil como el correo electrónico y proporcionar una forma segura y sin custodia de transferir sus bitcoins. Estamos recibiendo comentarios de ususarios que nos agradecen la tranquilidad. Consigue gratis un Mensaje Postumo al registrate en https://bapp.plus/ref/1010