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
Published at
2023-12-27 09:57:36Event JSON
{
"id": "164a41e13edcae73c2b4ac7e530eecc3a427126fa2677524bbb5a1a9c0922272",
"pubkey": "3e21c587ac08b2d0205da3006c7e602fd2a32aa6cb9f4b43a751720b1a85b1fd",
"created_at": 1703671056,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
]
],
"content": "#bitcoin cold storage levels. More security adds more complexity. Most people are fine with level 2 or 3:\n1. Open Source hardware wallet with paper backup\n2. Open source HWW with steel backup\n3. Open source HWW with steel backup and passphrase\n4. 2 of 3 Multisig using open source multi-vendor HWW with BSMS file and steel backup spread out in the same country\n5. 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\n6. Same as 5, but with a passphrase on each key",
"sig": "00d6f7f0a10aa603844205b0308fc6284472b2ef208774e182fb1bfb5166f3f7eaf6a62d9b86680f3f3a542cfc9296cb6c4004f9b43510831d26a9a4c91a10b2"
}