Nostr Web Client

24 word seed with pass phrase vs multisig. Is multisig actually better for an individual hodler? If yes, why?

jasperc2011 2y ago

I think it just depends on your risk tolerance. For me, knowing that if someone finds one seed phrase they still cant access my funds, helps me sleep at night.

Reply to this note

Please Login to reply.

Discussion

BitcoinBufo 2y ago

That’s true for both multisig and singlesig + passphrase tho..

natoshi 2y ago

Ya that’s what I was thinking. The other thing is I have my seed phrase memorized and not sure I have the brain capacity to do that with multi sig.

jasperc2011 2y ago

If you have 2 out of 3 multi sig it would take 2 seed phrases.