Replying to Avatar Delta, Dirac

SeedXOR, One Time Pads, and Passphrases are also options
Avatar
Cpt. Charisma 2y ago

SeedXOR looks cool, but it is not widely supported yet. It also doesn't offer any redundancy or allow for requiring multiple people to sign something. I'm not sure what the advantage is vs. multi-sig.

Passphrases are okay, but offer less security than mult-sig.

One Time Pads can be very secure, but are not standardized. They also don't seem to offer advantages over multi-sig.

Reply to this note

Please Login to reply.

Discussion

Avatar
thesimplekid 2y ago

It's target isn't to be better then multi sig. It's to be better then single sig without the complexity of multi sig.

It's more seed xor vs single sig and single sig with passphrase. Then seed xor vs multi sig.

Avatar
Cpt. Charisma 2y ago

I guess that makes sense. I'm still not convinced that ti's simpler, but I haven't tried it yet either.