Subnostr

That metal is 1 point of total failure. Why do that?

Singlesig advocates always tell you to create a Passphrase, why?

This is because no matter how secure your Seed is there is a chance it can be compromised to a degree. This already gives you multiple secrets to hide separately & hopefully you have your seed words backed up in more than one location/copy.

If you have generational wealth to secure you're better off creating a 3of5.

3 unlocks the wallet, with 2 redundancies.

You store the wallet coordinator file with each seed, as well as storing a few copies on separate USB sticks at home - & in an encrypted email server like protonmail.

So you basically have 5 secrets to hide with a coordinator file to store which you will need.

Obviously this comes with complexity, but storing a shit load of money requires assurances.

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Discussion

ShiShi21m 2y ago

As for the device,

If you have a SingleSig setup, why would you keep your private key active on a device with a pin you made up?

That's not secure obviously.

ShiShi21m 2y ago

I say obviously, but most bitcoiners do it 🤷‍♂️.

ShiShi21m 2y ago

I should add that single sig seeds being guessed or brute forced is a non issue for now.

Azarakhsh.eh! 2y ago

Thanks ShiShi, this is the explanation I needed. I didn't really understand it with Samson's post. Ya the complexity part is what stops me from doing this and that I would have to remember to securely save 5 of these signatures somewhere safe. I guess if you wouldn't rely on a hardware wallet with a PIN to keep this pass phrases on them you could use something like seed signer to nuke your seed each time after use? I mean after you have saved them somewhere?

ShiShi21m 2y ago

Yes SeedSigner behaves this way by default, the other devices you have to manually delete it yourself.