Why Nostr? What is Njump?
2024-08-03 18:35:59

BitcoinBrabant on Nostr: This is one of the best questions and we get this question often. You should assume ...

This is one of the best questions and we get this question often. You should assume every signing device is broken in 20 years and that the exact device is not available anywhere anymore. Your backup should therefore be solid as can be. We have been selling backups for years and for multisig seedhammer is great because both your descriptor and seed are in steel. For single sig you should think much further than just having it in steel. Is the entire seed visible in one shot? Would you be able to take a shot with a camera and be able to translate it directly after capture. In 20 years you should be asking if your backup seed would be seen as a seed directly. And if you are able to store it properly long term in the most extreme circumstances. This backup is for the most extreme bitcoiners. There are two options, a constellation and numbered version. The constellation version is not just for the dreamers, but also for the extremely distrustful. For the travelers we also have @tinyseed_io and for the standard backups (also password Bip85) Seedfan is simply great. But still when you want to be prepared for the long term future, use a SeedSafe.
And about collaborative custody, ask yourself: where is my data? Where is the other key? What happens under 6102?
Author Public Key
npub1qvwdl9rp7a5ghrxv57wnml5ehg2whjh708vys6kaxpkgu0z3aclsuy2h4p