jimbocoin on Nostr: #Bitcoin key security levels: Level 0: Not your keys. Level 1: Hot wallet (keys on ...
#Bitcoin key security levels:
Level 0: Not your keys.
Level 1: Hot wallet (keys on online device).
Level 2: Single-sig cold wallet (keys on eternally quarantined hardware)
Level 3: Single-sig cold wallet w/ passphrase
Level 4: Multisig
Level 5: Multi-vendor multisig
Level 6: Multi-vendor multisig w/ passphrases
Level 7: Multi-vendor multisig w/ passphrases, geographically distributed
Each level increases your security against particular vulnerabilities, but complicates your setup. Find the highest level you can confidently operate.
Published at
2023-05-22 16:15:06Event JSON
{
"id": "abfc11041120089518dabdcfa851c43f2bee0a26dc7556d1022937b32327e871",
"pubkey": "6140478c9ae12f1d0b540e7c57806649327a91b040b07f7ba3dedc357cab0da5",
"created_at": 1684772106,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
]
],
"content": "#Bitcoin key security levels:\n\nLevel 0: Not your keys.\n\nLevel 1: Hot wallet (keys on online device).\n\nLevel 2: Single-sig cold wallet (keys on eternally quarantined hardware)\n\nLevel 3: Single-sig cold wallet w/ passphrase\n\nLevel 4: Multisig\n\nLevel 5: Multi-vendor multisig\n\nLevel 6: Multi-vendor multisig w/ passphrases\n\nLevel 7: Multi-vendor multisig w/ passphrases, geographically distributed\n\nEach level increases your security against particular vulnerabilities, but complicates your setup. Find the highest level you can confidently operate.",
"sig": "664728fd5f848eda8bffc866806636bb401ed16ddb886f4619e47aab2ad194b4a060a0c79acc032f9fdbd73710753a7e2213bc95c6c1d53347c49c64ca8a1c23"
}