Global Feed Post Login
Replying to Avatar Max Gravitt

Coinstr is compatible with hardware wallets.

Nostr Connect may also expand to include hardware or air-gapped signing (QR-code only communications) CC: #[3]

Often key loss can be addressed through the spending policy though. You will have a stash wallet or vault that is 2 of 3 of your own hardware wallets for your big stack. Single sig for your day-to-day, and lightning for shopping and zapping.

If a key becomes compromised, the coins can be swept to a new vault with an updated policy that has the new key. (you technically don't 'reset the key', you 'reset the policy')

Avatar
Max Gravitt 2y ago

A simple 3 of 5 looks like this. If any 1 (or even 2) people lose their key, they notify the others and the policy gets reset and the coins moved to the updated policy.

https://void.cat/d/DjwUionbAFNmJWZeqnofeC.webp

Reply to this note

Please Login to reply.

Discussion

Avatar
Max Gravitt 2y ago

The UX is typically terrible for multisignature, but Nostr fixes the underlying signature 'rails' to make it a fully integrated and super safe experience.

Avatar
Louis 2y ago

Followed for more updates!

Thread collapsed
Thread collapsed