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Replying to Avatar Catesby

Multisig backups are a mess. The BSMS standard exists, but in my experience, the BSMS files are not compatible 100% from wallet to wallet. I’ve tried and some wallets fail to load BSMS files created by others. Period. This leaves me feeling like I would need to rely on one wallet vendor for recovery instead of the basic and universal, uncomplicated seed phrase. So for long term storage, it’s frightening to feel like you might have problems later if your chosen wallet vendor vanishes. You need to be concerned with derivation paths, key fingerprints and all that mess. My question is: has anyone simplified multisig (self-custody) backups to the fool-proof level of seed phrase simplicity? #asknostr #multisig

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deleted 1y ago

I forgot to mention nostr:npub1z072s0nvldeva7a6qek3kj358f0h5gm640kkllkk52h0qrjtnw8q38wfm4 and specifically the new version available for preorder. Could simplify a lot of things for people.

https://seedhammer.com/

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Catesby 1y ago

ok now we’re talking. These kind of discoveries are why I came to #nostr

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NostrNaught 1y ago

meh. A long bolt, locknut, lots of washers and an alphabet punch set for me. 🧐

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Catesby 1y ago

But this also saves the data needed to restore a multi-sig embedded in the QR code, so this machine records more than just a seed phrase

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