66 sats \ 3 replies \ @0307572b6c 2 Jun 2023 \ parent \ on: Too Embarassed To Ask - Your Bitcoin & Lightning Questions Answered bitcoin
Right, I got that. So it sounds like you're saying - replacing a ledger (or the like) with SeedSigner is great, even better would be to set up a multisig wallet.
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66 sats \ 2 replies \ @TonyGiorgio 2 Jun 2023
No I don't think it would be great on it's own. It greatly lowers the security.
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116 sats \ 1 reply \ @0307572b6c 3 Jun 2023
Switching from a Ledger to a SeedSigner would greatly LOWER the security? Would you mind explaining a little further, I don't understand.
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66 sats \ 0 replies \ @TonyGiorgio 3 Jun 2023
My previous comments explain it as best as I can simplify it. You might want to watch a tutorial on how seed signer works.
With seed signer the key is on a piece of paper or steel plate you have to keep along side the device when you want to use it. With ledger the key is on a secure element inside the device that requires significant effort to get off.
Secure element > piece of cardboard
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