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Frostsnap Frontier Demo - Preorders Open Now ❄x.com/FrostsnapTech/status/1939519321862291621
2398 sats \ 10 comments \ @utxoclub 30 Jun bitcoin
Preorders are now open to the public for the first time.
Join us on the Frontier of Bitcoin Security.
The wait is over - we'd like to invite you as an early adopter to join us with next generation self-custody.
Be among the first in the world to experience ultimate bitcoin security, with the very first batch of the Frostsnap Frontier.
We've reimagined Bitcoin security from the ground up, designing and architecting the future of self-custody. An invitation to take bitcoin savings seriously. See the website for more.
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17 sats \ 1 reply \ @Car 30 Jun
Anyone know how much?
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22 sats \ 0 replies \ @Car 30 Jun
450,000 sats
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47 sats \ 4 replies \ @Scoresby 30 Jun
Love the idea of a multisig that has an singlesig onchain footprint!
I'm curious how the backups work: if I have a seed phrase backup for each device, am I able to restore the wallet in different wallet software (eq Bitcoin Core)?
And for the descriptor: when I back up one of my devices, do I also have a way to back up the descriptor?
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102 sats \ 0 replies \ @utxoclub OP 30 Jun
am I able to restore the wallet in different wallet software (eq Bitcoin Core)?
You will not be able to restore FROST secret shares into a non-frost wallet, at least until they add functionality. BUT you will be able to recombine a threshold number of key backups into an xpriv, without our app, which can be imported into sparrow/bitcoin core etc.
do I also have a way to back up the descriptor?
An awesome thing with FROST is that because there's just one group public key, which can be reconstructed from two keys (or their public images), you can rebuild the descriptor from two backups or their devices. No need to additionally back the descriptor!
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17 sats \ 2 replies \ @OT 30 Jun
Love the idea of a multisig that has an singlesig onchain footprint!
Isn't this multisig?
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23 sats \ 1 reply \ @Scoresby 30 Jun
No, most multisig wallets these days use p2wsh, so your receive address looks like every other address, but when you spend you reveal the whole script: it's a multisig with this many keys and this kind of quorum.
Taproot addresses let you hide some of this info: you can make it look like the keys you use to spend are the only keys in the multisig.
But my understanding of FROST is that the spending signature looks like a single key signing (even if it's a 2 of 3 or whatever).
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17 sats \ 0 replies \ @OT 30 Jun
But my understanding of FROST is that the spending signature looks like a single key signing (even if it's a 2 of 3 or whatever).
This would be cool!
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0 sats \ 0 replies \ @d680ecaa8e 30 Jun
It could be useful for daily needs.
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0 sats \ 0 replies \ @ACYK 30 Jun
Since it requires the app (presumably), I’d include some more details about the app on the website/preorder page. Seems like that is a consideration before preordering 450k sat hardware.
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0 sats \ 0 replies \ @nitter 30 Jun bot
https://xcancel.com/FrostsnapTech/status/1939519321862291621
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