Marc26z on Nostr: Andreas said this in a video a few years ago, but I disagree. 1) You can keep the ...
Andreas said this in a video a few years ago, but I disagree.
1) You can keep the output descriptor with each key. You are unlikely to use 2-of-3 of these copies.
2) You can combine multisig with Seed XOR(2-of-2). Ideally, each key would be in steel it requires each key to have part a or b of each other key. You should also have the extra word, but I am not sure it's necessary.
This is better from a privacy perspective because if one key is comprised, the thief has no way of knowing how much bitcoin you have.
Here is how it would work:
Published at
2025-04-03 13:47:27Event JSON
{
"id": "3b955565320c72371d198638147cdacb0a172a8682f842b7e8a5c8a3bc0accf5",
"pubkey": "df478568479de26b4a83c1bdc4dbab61b5cc82e1a312e2b28bc815a12a951e67",
"created_at": 1743688047,
"kind": 1,
"tags": [
[
"p",
"e83b66a8ed2d37c07d1abea6e1b000a15549c69508fa4c5875556d52b0526c2b",
"wss://relay.damus.io"
],
[
"e",
"d930fb48c77fb72d5f081b0c66afe13bf5d8175095a58081249715c820dab07d",
"wss://relay.damus.io",
"root",
"e83b66a8ed2d37c07d1abea6e1b000a15549c69508fa4c5875556d52b0526c2b"
],
[
"imeta",
"url https://m.primal.net/QCuA.jpg",
"m image/jpeg",
"ox 8600527a1d3854d68a3c38b9343d36e3c25ff84bb8143c52f61a582ddc35b570",
"dim 773x1317"
]
],
"content": "Andreas said this in a video a few years ago, but I disagree. \n\n1) You can keep the output descriptor with each key. You are unlikely to use 2-of-3 of these copies.\n\n2) You can combine multisig with Seed XOR(2-of-2). Ideally, each key would be in steel it requires each key to have part a or b of each other key. You should also have the extra word, but I am not sure it's necessary. \n\nThis is better from a privacy perspective because if one key is comprised, the thief has no way of knowing how much bitcoin you have.\n\nHere is how it would work:\n\n\n\n\nhttps://m.primal.net/QCuA.jpg",
"sig": "dbc3b4555503db4390f5e34d371de1172f25512fabb7ef4a12cd7e6c0f44142b5ff9adf0ebc2481b23e99305bee078886e47b44147b66212bae994a182f6d8ca"
}