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Replying to Avatar sommerfeld

Don't SeedXOR/shamir provide similar security benefits as multisig PLUS:

* they are more private: on-chain transactions just look like any other single sig, you can hide in a larger crowd

* easier to setup decoy wallets by funding wallets generated by a single piece of the split. This offers plausible deniability against a 5 dollar wrench attack.

What am I missing?

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bitcoinjiujitsu 2y ago

Look into BIP85 for onboarding new family and friends to #Bitcoin

https://help.blockstream.com/hc/en-us/articles/15844055048857-How-do-I-generate-a-child-recovery-phrase-using-BIP85-

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