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I set up my wallet using Ian Coleman's website offline, on an Ubuntu PC I installed just for that purpose on some old laptops I have at home. I generated the keys and imported them to a Blue Wallet, and soon enough, I printed some sheets to generate the key on metal, and soon enough. Now I'm going to generate two more when I have some new UTXOS. I think complexity kills people.
PS: I generated entropy with some Monopoly dice.
How will yiu sign tx if you want to spend in future? Use BW normally (hot)?
P.S props for using Ian Coleman, I looked at his site, very cool, after an overload of data, I actually learnt stuff about bip39 and derivation paths
I only use the BW to receive payments and view the balance, but you can easily sign with a dedicated phone. You leave one phone with the app and the PK (Payment Key), send a transaction from your WO phone, and then scan the QR code and sign the transaction from your other phone with the PK. Finally, scan the generated QR code again from the WO phone and the transaction is transmitted.
I didn't notice properly and Google Translate put "Private Key" as "Payment Key", sorry
How will yiu sign tx if you want to spend in future? Use BW normally (hot)?
Shuffle PSBTs between the online watch-only wallet and the offline laptop wallet using a second USB drive, or an SD card, or QR codes via the webcam.
Obviously it's not but this is what people are being driven to, with the absolutely absurd complexities of this
I mean, I thought Darth's tails electrum was a good idea, until Scoresby said the usb dies after a few years lol
Noobs are utterly cooked ðŸ˜
Indeed, and that's the tragedy of all this. One seed with a half-decent passphrase is easy enough to conceptualise, but once pushed to multisig the footguns and anxieties intensify. As we all know, leaving sats on an exchange carries its own risks. It's really a tough time for bitcoin right now, so in part this is me figuring out where we go from here and where others might be looking.
Obviously it's not but this is what people are being driven to, with the absolutely absurd complexities of this
I mean, I thought Darth's tails electrum was a good idea, until Scoresby said the usb dies after a few years lol
Noobs are utterly cooked ðŸ˜