Hey #nostr, what’s your thoughts on pros/cons of multisig vs single sig with passphrase?
#asknostr
Discussion
Single is good for smaller amounts , and for most people to get strted multi is basicly more usefull for security purposes.
Agreed, but what about singlesig WITH passphrase vs multisig?
For individual use, regardless of daily expenses or long-term holdings, single signature with BIP39 passphrase, all day.
When you say BIP39 passphrase do you mean choosing a few words from the list as the passphrase? How many words and how do you choose to ensure entropy?
Seedxor...
Thanks I need to check it out more. I’ve always felt hesitant about splitting the seed (if 1/2 is found it is much easier to brute force the other 1/2 afaik), but perhaps I don’t fully understand the system Seedxor uses