Is it still safe if someone knows the private keys but do not know the added passphrases ? Therefore, there is nothing on the origin wallet. Only passphrases has balance.
Glad to see people supporting passphrases instead of multisig. Personally I'd go for a phone wallet up to $1K stack, a hardware wallet up to $10K, a HW wallet with passphrase up to a $1M stack and I think once your stack is like $10M then multisig might start making sense, and of course multisig for corporate finance.
Cool stuff, I like the idea of making a smaller wallet stash to satisfy a thief and the real stash behind a passphrase. In the case of an in-person attack, having a way to make him think he is getting everything is important.
Also, really enjoyed ep11 of BitcoinDotReview! Keep up the great work.
Is it still safe if someone knows the private keys but do not know the added passphrases ? Therefore, there is nothing on the origin wallet. Only passphrases has balance.
Thanks!
Glad to see people supporting passphrases instead of multisig. Personally I'd go for a phone wallet up to $1K stack, a hardware wallet up to $10K, a HW wallet with passphrase up to a $1M stack and I think once your stack is like $10M then multisig might start making sense, and of course multisig for corporate finance.
Cool stuff, I like the idea of making a smaller wallet stash to satisfy a thief and the real stash behind a passphrase. In the case of an in-person attack, having a way to make him think he is getting everything is important.
Also, really enjoyed ep11 of BitcoinDotReview! Keep up the great work.