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0 sats \ 10 replies \ @0330830bf9 OP 22 Nov 2023 \ parent \ on: Looking for a post discussing 2:2 vs 2:3 multisig cold storage bitcoin
Very interesting, I'd like to see a deep dive write up on this. Wen @DarthCoin?
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3 sats \ 9 replies \ @DarthCoin 22 Nov 2023
What more guide than that simple explanation Onions gave you need? Is literally this:
When you add a passphrase to a seedphrase, it is essentially a new private key.
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0 sats \ 8 replies \ @0330830bf9 OP 22 Nov 2023
If I knew I wouldn't need it...
I may just have to fuck around with it on regtest a few different ways with different software to check for blindspots
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0 sats \ 7 replies \ @DarthCoin 22 Nov 2023
Why do you want to complicate your life with multisig? Are you a big fucking company with multiple users that need the access to that wallet? For a simple individual, is not really necessary man. Keep it simple, damn it.
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0 sats \ 0 replies \ @anon 23 Nov 2023
I’m in this camp
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0 sats \ 2 replies \ @TSW 22 Nov 2023
Why would you complicate your lift with singlesig? Are you an individual that doesn't want:
  • Protection against a 'single point of failure.'
  • Protection against loss/theft of private keys.
  • Protection against 'evil maid' attacks.
  • Protection against physical attacks.
  • Protection against phishing.
  • Protection against malware.
  • Protection against supply chain attakcs
  • Protection against non-standardized passphrases
  • Inheritance planning
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10 sats \ 1 reply \ @DarthCoin 22 Nov 2023 freebie
I am a simple man, using simple solutions, that I know how to manage them. Access to my stash will be only one person and that is me. I am not afraid of any of those you mentioned because I know how to avoid those situations.
Yes, not every other user could do that. But complicating things more than is necessary is not the best way.
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0 sats \ 0 replies \ @TSW 22 Nov 2023
100% agree. But people should know their own limitations, and that is definitely not the case in the bitcoin space, unfortunately. You might be an expert, but ~80% of people are not and might make a critical mistake sooner or later.
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0 sats \ 2 replies \ @0330830bf9 OP 22 Nov 2023
I've avoided it for a long time as seeing it as not worth the complexity...
But it invites disaster to trust any single chip or piece of software with your families future... And it would take a lifetime to audit a whole stack myself.
The check and balance of 2:2 puts the trust back on myself
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0 sats \ 1 reply \ @DarthCoin 22 Nov 2023
Please try hacking this
https://i.postimg.cc/HsyCnsmC/cats-stego.jpg
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0 sats \ 0 replies \ @0330830bf9 OP 22 Nov 2023
non-sequitur
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