Thursday, 17 November 2022

Do we need to more discussion about multi-sig?

In light of the current events it's great to see more people waking up the importance self custody, but are we overlooking the fact that hardware wallet software is another potential single point of failure?

Could a malicious hardware wallet software be the next shoe to drop that causes catastrophic losses?

Several months ago I purchased a 2nd hardware wallet from a different vendor to create a multi-sig wallet, but have been reluctant to set up the multi-sig in avoidance of complexity, but I am now being convinced that I/we should be more proactive about this before any possible future "surprise".

Anyone experienced have a reference for options/best way to multi-sig with 2 different hardware devices?

submitted by /u/donmulatito
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