Comment Re:Not decentralized enough (Score 1) 128
i guess the obvious solution, since you are creating a social network where you are connecting with friends you usually know first hand, would be to simply split up the private key into 3 or 4 parts and give them to your closest, most trusted friends.. once you lose your key, all of those 3 or 4 friends have to verify that you are actually the person you claim to be..
so if maybe with more knowledge about cryptography could answer the question if it's possible to split up a private key into multiple parts without each part lowering the security of the whole key.. that would lead to your answer