0 sats \ 2 replies \ @aoeu 9 Jul 2023 \ parent \ on: Exploring Multi-Sig Setups: Seeking Thoughts on Casa and Alternatives bitcoin
I'd love to use Nunchuck with my brother and trusted friend as signers in case something happens to me and my keys. My wife could then reach out to one of them and they'd be able to sign together to get the 2 needed keys.
Only issue that I'm trying to work out is if there is a way to allow my brother and trusted friend to be part of the multi-sig but otherwise not be able to watch the balance.
Anyone know if this is possible?
We're working on something that will enable you to do this. Stay tuned!
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You can kind of do this already with 1 of your friends. Here is a rough idea of how you would do it:
- Have your friend send you their multsig xpub and derivation path for their signing device.
- Create a 2/3 multisig and use their xpub + derivation path as one of the sigs in the multisig.
Your friend wouldn't be able to see your wallet since they don't have the other 2 xpubs + derivation paths, but if they needed to sign a tx they could.
Downside to this is your wife would need 1 of the sigs to get your Bitcoin. You could do a 2/3 and have your friend and brother be signers but they technically could get together and steal your Bitcoin.
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