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11 sats \ 1 reply \ @OT 19 Dec 2024 \ on: How to conceptualise multisig? bitcoin_beginners
The keys can be distributed to other people or other locations.
You will need to move your sats onchain into new addresses generated by the multisig wallet.
Make sure to keep a copy of the xpub with every key. Without it you won't be able to recover your sats.
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0 sats \ 0 replies \ @Skipper 19 Dec 2024
Multisig distributed to other people / locations is newbie trap, they will lose the coins if they don't do it correctly
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