The benefits of multisig far outweigh its tradeoffs. You will 10x your security at the cost of a slightly more complex implementation.
Basically, if you can do single sig cold storage, you definitely can do multisig.
My simple vault setup:
- Dedicated laptop
- SeedSigner
- SparrowWallet
- Casino dice
- SeedQR printable templates
- Stainless steel washers
- Blockmit jig
- Printed recovery instructions
- Tamper-evident bags
Steps:
- Gather all the material and install the software
- Generate your Signing Keys with the dice and SeedSigner
- Back up your Signing Keys on paper and metal
- Export the Public Keys and generate the Vault in Sparrow
- Back up the Wallet Descriptor
- Print the recovery instructions
- Assemble and distribute your recovery packages. Original tweet: https://x.com/quentin_ehr/status/1801772958857211998?s=46&t=XVvcZTrIQmLufMEQ9S0F6g