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wolfpy
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Funny individual

Yes please I would ask my mother to take me there for my birthday when I was young

Replying to Avatar Dikaios1517

Sure.

First, there is nothing saying you need to move away from your current hardware wallet entirely. It can be one of the keys in your setup.

Second, it is generally considered a best practice to use different manufacturers for each signing device holding the separate keys. So, if you are going to do a 2-of-3 setup, maybe go with a ColdCard, a Jade, and a BitBox. Using separate manufacturers makes it less likely that multiple devices are compromised due to malicious firmware installed by the manufacturer, or someone who infiltrated them.

Third, each key should be stored at separate geographical locations. Yes, this is going to make it very inconvenient if you need to spend the coins, but it also makes $5 wrench attacks, which are on the rise, a much more risky endeavor for a would-be-thief. And there is nothing preventing you from keeping a much smaller amount in a single-sig wallet that you want to have easier access to, should you need it.

There's lots of software that can help you set up your multi-sig. Personally, I have used Sparrow and Nunchuk. Both work great and you can find tutorials for them pretty easily.

Finally, store your wallet configuration file in multiple locations, too. You can even store it encrypted in some cloud storage solution. If someone else gets that file and finds a way to decrypt it, they can't do anything with your coins, because they don't have the keys. They can just see your balance and transaction history. But if YOU lose that file, you lose access to your coins. Redundancy is your friend here.

Others more knowledgeable than me may have more tips for you, as well.

Thanks. Do you like Nunchuk ? I heard from them from Odell but don’t know the story behind them. Also from my understanding the difference with multi sig is that if I lose two keys out of Three i am done can I save the same key in different devices ?

#asknostr #bitcoin

I want to move from my hardware wallet to a multisig. I am studying the options and possibilities. Could someone give me some tips and best practices and recommendations regarding multi sig?

Some people will say this is AÍ generated. I am one of those people xd

Jesus Christ @jb we are already revolutionising the internet you also want to take over the calendars? Madlad

#bitcoin at 92k