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56 sats \ 3 replies \ @02aa009417 8 Jul 2023 \ on: Exploring Multi-Sig Setups: Seeking Thoughts on Casa and Alternatives bitcoin
just backup all the seed phrases and derivation path and you're good.
Is this the same as backing up xpubs? Or do you need the derivation path separately stored?
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You can also recover the respective xpub with the seed phrase and derivation path.
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the purpose of a multisig is, in part at least, to be resilient to losing 1 or more seeds (depending on the exact setup). so, the best practice is to keep a backup of ALL xpubs with EACH seed. this way even if 1 (or more) seeds are lost (less than quorum) you can still use all xpubs and remaining seeds to recover and sweep to a new wallet.
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