Had a Ledger Nano X for 2 yrs. Really liked it, especially the interface; however the recent scares about a back door led me to swap to Coldcard + Sparrow + Umbrel. Coldcard has lots of interesting features.
Question for the pros: is multisig all it's cracked up to be in regard to safety? It seems like you are creating more vulnerabilities in terms of long-term loss of keys. Where do you store all these keys? In a bank vault? With friends? With a pirate's map? Seems like it's adding ways to make an error. If I die, ensuring my kids get my keys is increasingly hard when using multi-sig. With one key, it seems simpler. Obviously it's a personal choice. Just curious to hear everyone's thoughts. Maybe I've overlooked something.
Jordan
npub17e…wpgql
2023-09-17 17:10:18
in reply to nevent1q…2nzr
Author Public Key
npub17e583xc7g2zrffd6j85ctju4qd3dsauffwdhp3vtn9cy4wut4ptshwpgqlPublished at
2023-09-17 17:10:18Event JSON
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"pubkey": "f668789b1e428434a5ba91e985cb950362d877894b9b70c58b99704abb8ba857",
"created_at": 1694970618,
"kind": 1,
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"content": "Had a Ledger Nano X for 2 yrs. Really liked it, especially the interface; however the recent scares about a back door led me to swap to Coldcard + Sparrow + Umbrel. Coldcard has lots of interesting features.\n\nQuestion for the pros: is multisig all it's cracked up to be in regard to safety? It seems like you are creating more vulnerabilities in terms of long-term loss of keys. Where do you store all these keys? In a bank vault? With friends? With a pirate's map? Seems like it's adding ways to make an error. If I die, ensuring my kids get my keys is increasingly hard when using multi-sig. With one key, it seems simpler. Obviously it's a personal choice. Just curious to hear everyone's thoughts. Maybe I've overlooked something.",
"sig": "63aeb9715b6c7da7c05e3ef4d76cd88e73f8c760002b74aaeb9b94f5b1d8066cfff366fd53cc826869ba7991b6a23b708facd381372fc5a3463c26db2a2d82b0"
}