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0 sats \ 1 reply \ @Signal312 4 Feb \ parent \ on: What’s the safest way to hold your btc? AskSN
So if you stamp the passphrase into steel - along with the seed phrase - does it still provide additional security? It would seem like it doesn't...unless you're separating them out, onto 2 different steels, in 2 different locations.
But then that would make it more like a 2 of 2 multisig, and if you lost one your bitcoin is gone. Unless you've memorized your passphrase.
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0 sats \ 0 replies \ @Jon_Hodl 4 Feb
I don’t keep them in the same spot and you can have basically limitless passphrases with the same seed phrase.
Multisig is much more secure in some ways and also much more risky in others.
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