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2023-12-27 09:57:36

BTC_for_Freedom on Nostr: #bitcoin cold storage levels. More security adds more complexity. Most people are ...

#bitcoin cold storage levels. More security adds more complexity. Most people are fine with level 2 or 3:
1. Open Source hardware wallet with paper backup
2. Open source HWW with steel backup
3. Open source HWW with steel backup and passphrase
4. 2 of 3 Multisig using open source multi-vendor HWW with BSMS file and steel backup spread out in the same country
5. 3 of 5 Multisig connected to your own node using open source multi-vendor HWW with steel backup and BSMS file that are spread out over 5 different countries
6. Same as 5, but with a passphrase on each key
Author Public Key
npub18csutpavpzedqgza5vqxclnq9lf2x24xew05ksa829eqkx59k87s6zjpjh