Replying to Avatar DJ Valerie B LOVE🩷

Aloha 🌺

I’m looking to set up multi-sig for my kids and have them be able to add and watch the balance but not spend.

Unchained can do this but either I have to pay $250 a year for each account or the kids see all the balances of all the vaults

The accounts aren’t that big yet to justify $250 a year

I saw Theya does something also?

Any suggestions that are suitable for teens to get excited watching their stacks go up that aren’t super expensive ? Thx
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Sourcenode 1y ago

I haven't looked into it yet, but I've heard the Bitkey is a user friendly way to do multisig.

However, if we are not talking about large sums it might be easier to do a single sig and you hold on to the signing device for them.

Using sparrow wallet you can interact with the xpub (depositing, checking balances across accounts and addresses), but can't withdraw without the signing device.

A single cold-card could do this.

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Sourcenode 1y ago

You could set up a separate account for each of your kids on that one signing device and they can both view them from the software.

Might make them competitive. Depends how you want it to go. Competition to get sats for chores could be great 😂

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DJ Valerie B LOVE🩷 1y ago

Love this idea - I’ll see if I can set up

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₿lockchainYog丰 1y ago

Bitkey makes multi-sig super easy. They done a great job there. Of course it has its cons but it’s still good for multisig purposes + very simple to use.