nostr:nprofile1qqsy8us3d6u5ynddk7lq7yz365hqqsptzd2923fvkgj4eepsady08uspzfmhxue69uhhqatjwpkx2urpvuhx2ucpr9mhxue69uhhyetvv9ujumtfde5ky6t5wvhxxctndqgx2k3m forgive me if I’ve missed something but what’s the status on multisig support in Cove?
Discussion
Multisig support is not planned, that and lightning support are explicitly things Cove will not support because we believe there are already great wallets for that (Nunchuk, Phoenix, Bull bitcoin etc..) and adding those features would complicate Cove and it would no longer be Simple.
OK, I totally acknowledge that (and agree with the perspective).
Is there—or could there be—a means of “watching” a multisig wallet in Cove? Explicitly I mean no ability to sign and broadcast a transaction; genuinely only watching the wallet?
This is something I could add for sure. Allow users to import multi-sig public descriptors. I’ll create an issue in GitHub. But I have the next little while planned so probably won’t be done for a while.
Can you tell me more about your use case and why would prefer using Cove in this way vs something like Nunchuk?
Incredible! Thank you!
The use case is that I believe it’s too common that bitcoiners wind up with 5-6 wallet apps on their phone, where the fiat analogue is 2-3 at most, for many people 1-2.
Cove has beautiful UX and so much going for it, and given the top tier hardware wallet support, it strikes me that it’s primarily a savings/hodl wallet versus a spending wallet.
So I figured it would be good to consolidate multiple wallets into Cove, with the majority for monitoring purposes. Hence watch-only suffices. For multi-sig, this is indeed complex and can be handled with nunchuk for people who want to manage multi sig on mobile, or (more likely imo) handled via Sparrow/Electrum.
Hope this helps!