Replying to Avatar GHOST

For the full stack:

Multisig or Single Sig + passphrase

And why?

#asknostr
32
322905e2... 1y ago

Single sig plus passphrase is basically 2 of 2 multisig with two single points of failure. I'd go m of n multisig where m < n.

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Mynymbox - Privacy friendly hosting solutions 1y ago

That what he said 😀

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Primate 1y ago

Are you saying that 2 of 2 multisig is somehow just as, or even more, vulnerable than a single sig without passphrase? Because you need both, the prior seems safer than the latter. Glad to learn. Please explain your reasoning.

32
322905e2... 1y ago

They're comparable since single sig + passphrase basically is multisig. It's personal preference, but I like the extra flexibility of not needing all components to unlock funds.