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111 sats \ 5 replies \ @aliceandthewonderland OP 25 Oct \ parent \ on: What are the reasons for not using a multisignature setup? bitcoin_beginners
I get your point, but single sig is basically leaving a single point of failure, and this is a fact even with strong passphrases - an intruder can brute-force a passphrase within a week or a month. Having a multisig, along with geographically dispersed signers, gives you much stronger attack surfaces. In this way, it'd provide the security of being your own bank.
be my guest brute forcing that image.
single point of failure
Wrong. As I said, use multiple wallets NOT just one with all your stash. Using a single wallet is really dumb.
See the 12 peaks in this image? Each one contain a word. Good luck finding them. And no multisig used. Just simple 12 words.
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that seems challenging tho. will use chatgpt to find out brute forcing the image.
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will use chatgpt
No wonder why you use multisig...
Do you use shitGPT also to ask how to fry an egg?
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shitGPT
that's funny
I appreciate you sharing the link "https://darth-coin.github.io/beginner/be-your-own-bank-en.html". will definitely take a look to gain more insight.
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Is not funny. Is true and is really sad that people fall for this crap.
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