Replying to Avatar Laser

Friction in #multisig:

1. Loss of metadata = loss of funds.

2. Compromised metadata = others see your funds.

3. Device firmware maintenance * N.

4. Non-standard implementations couples users to specific software providers, like Nunchuk.

These are severely underappreciated.
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84e06fa6... 2y ago

are there any dangerous to upgrading firmware when it comes to devices used in multisig? Or you mean because you have multiple devices you will spend more time keeping them all up to date in regards to firmware running on them?

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Laser 2y ago

The latter. There is a maintenance burden when compared to #BIP39 in that the firmware for multiple devices has to be considered.

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84e06fa6... 2y ago

thank you for the reply. I'm still trying to decide whether a passphrase of multisig with something like unchained would be best in my scenario. Not just security wise, but also how practical is this solution.

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84e06fa6... 2y ago

Or something like seedxor, I'm still trying to decide.

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Laser 2y ago

Multisig without multivendor is not advised.