0 sats \ 3 replies \ @2bithits 4 Jun 2023 \ on: Security of "hot" onchain and LN wallets bitcoin
I write the seed down & store in a few different locations. Password managers feel too risky IMO
As for the amount kept on a hot wallet, whatever you're comfortable with. Lightning & mixing/coinjoin need to be in hot wallets, so there's more risk but greater privacy/less fees/instant settlement etc.
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10 sats \ 2 replies \ @Monotone OP 4 Jun 2023
I understand all of these nuances) I'm wondering what users do. Personally, I don't keep large sums on hot wallets, so I keep the seed phrases just in the password manager and I'm not too worried if I lose access to the hot wallet. Since it would be a small loss.
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0 sats \ 1 reply \ @2bithits 4 Jun 2023
On occasions small sums become large sums
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0 sats \ 0 replies \ @Monotone OP 5 Jun 2023
Everyone's individual.
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