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African Bitcoiners 2y ago

What is the safest way of sharing private keys with someone on the other side of the world?

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Discussion

398ja 2y ago

Telepathy or black magic. 😜😎

On a serious note, you don't want to do that, but if I have no other option, I'd ask them to setup a new wallet and send me an address where to transfer the funds. I'd send the funds in two installments. 1%, and then the rest, upon confirmation of receipt of the 1%...

African Bitcoiners 2y ago

sometimes it has to be done, we're just trying to find the best way

burns 2y ago

What’s the use case?

It’s usually not a good idea yo share your private key.

Could you have them set up their own wallet and send the sats yo them?

African Bitcoiners 2y ago

Recovery of on-chain funds in a lightning node by a trusted third party.

burns 2y ago

Sounds risky. Try to find a way yo do it without trust.

Ethan 2y ago

Maybe better to create a 1 out of 2 multisig with them?

Tom Samuel 2y ago

Shard it and send on 3 or 4 different platforms