Replying to Avatar Guy Swann

I completely disagree. The simplest way is to just take your keys off your device and I’ve never felt any need to “keep up to date” and replace a hardware wallet. Every one I’ve used in the past that I liked I still use in some capacity. Getting your keys off your mobile or desktop is an absolutely crucial step to securing your bitcoin.
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Leurico8 1y ago

Hi mate, cor coldstorage do you reset the hardware wallet to remove the keys and keep just the back up?

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Leurico8 1y ago

also. If you have only 1 hardware wallet but want to manage 2 separate wallets.

Would you:

1 change the derivation path

2 add separate pass phrases

3 create two keys with the same

device and reset the device as needed.

4 use BIP 85

?

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Guy Swann 1y ago

Nah, if i want to have multiple wallets based off of a single hardware wallet I will often do it via multisig (Nunchuk makes this dirt simple) and adding a separate second key for it, or I use a 25th word to generate a new wallet. But I haven't done that in quite some time however. I mostly use various multisig setups with differing levels of security and ease of access.