Nostr Web Client

Nunchuk + Tapsigner with extra keys as backup. Sounds complex but easy to use, easy to think “this card accesses my money,” and they can send me a backup of the wallet so if they lose their phone they can text me. As long as they have one of their cards and their backup of their mobile, they have their bitcoin.

I’ll give them what they need to ensure they can do it all alone, but I’m also setting it up so I can assist easily if they need it.

nunchuk_io 1y ago 💬 1

Genius. Which multisig setup do you use? 1-of-2? 2-of-3?

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Discussion

Guy Swann 1y ago 💬 2

2-of-4 actually. More recovery options the better on this one. (Actually considering a 2-of-5 as an option later). Only thing that would make this setup better on the future is a cascading keys option with mini script. Too complex for now, but excited to see those tools get better.

But I’ve already seen this guy lose his phone twice since I met him, lol. He def needs a “many keys” setup.

nunchuk_io 1y ago

Makes sense!

> But I’ve already seen this guy lose his phone twice since I met him

This is why it’s important to separate the wallet interface and the signing devices!

hodlpleb 1y ago 💬 1

what is cascading keys?

Guy Swann 1y ago 💬 1

Think 2 out of 3 keys unlock this today, but in 6 months it only takes 1 key (the other 2 can veto it within that 6 months), and if none of those keys are present then my lawyer’s 1 key can unlock it after 2 years. Etc

Basically time locks that allow different rules after periods of time to prevent the coins from being lost.

SuiGenerisJohn 1y ago 💬 1

A+ for involving a lawyer in the key custodian stack.

Guy Swann 1y ago 💬 1

lol, just an example that I think is relevant to a lot of people. Can’t decide if this is sarcastic or not 😆

SuiGenerisJohn 1y ago

It's not, I'm a lawyer and believe involving legal counsel in the organization of these custody profiles is important.