bitcoinpup on Nostr: I'm not sure if it would be profitable from a business perspective, but I'd like to ...

I'm not sure if it would be profitable from a business perspective, but I'd like to see different multisig-as-a-service models.

Imagine a Bitkey-esque solution, but where instead of needing to buy a new hardware device, Bitkey holds a key, the app on your phone holds a key, and a trusted contact holds a third.

Imagine if exchanges embraced multisig for their clients, but in a shared custody model that didn't require new entrants to the space to purchase new hardware...

quoting
nevent1q…8chq

Holding a smaller amount wouldn’t be about distributed multisig, it would be about service based multisig.

I’m not saying there is one size or one setup, I’m saying that the various levels of security and self custody should be met with different kinds of multisig.

In the case of someone who just bought 100k sats, maybe it’s a 2/3 with their phone, their spouse (or another device), and the wallet provider?

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I just think the design mentality should be “so what multisig would be best for this user’s situation and skill level?” 🤔